Choosing the Right Business Structure: UK LTD vs US LLC”

 Ready to launch your business, but unsure which structure is right for you? Let’s explore the differences between UK LTD and US LLC:

 UK LTD Company:
– Limited Liability: Shareholders’ liability is limited to the amount unpaid on their shares.
– Corporate Governance: UK companies must appoint directors and maintain company records, including annual filings with Companies House.
– Taxation: Subject to corporate tax on worldwide profits, with a current rate of 19%.

 US LLC:
– Limited Liability: Owners (members) enjoy limited liability protection, shielding personal assets from business debts.
– Flexibility: LLCs have more flexibility in management structure and profit distribution compared to corporations.
– Pass-Through Taxation: Profits and losses “pass through” to the owners’ personal tax returns, avoiding double taxation at the corporate and individual levels.

Choosing the right business structure depends on various factors, including your business goals, taxation preferences, and long-term plans. Our expert team can help you assess your options and make an informed decision that sets your business up for success. Reach out to us today to learn more!