For most employers, it is mandatory to have at least £5 million of employers' liability cover, or face a fine of up to £2,500 per day. There are some exceptions to this rule, however: most public organisations and businesses that only employ close family members (as long as they're not incorporated as limited companies) don't necessarily need to have employers' liability insurance.
For most employers, it is mandatory to have at least £5 million of employers’ liability cover, or face a fine of up to £2,500 per day. There are some exceptions to this rule, however: most public organisations and businesses that only employ close family members (as long as they’re not incorporated as limited companies) don’t necessarily need to have employers’ liability insurance.
We walk through every step of the Limited Company registration process to help you understand whether you should start the limited company registration process.
- What is a Limited Company
- Limited Company Advantages
- Limited Company Disadvantages
- Registration process
- Limited Company filing requirements
- UK company structures
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Get a free accounting consultation to discuss your company accounting needs
Book a free 20 minute call with an accountant to talk though starting, registering or switching your company.
- Book a time online instantly
- Registering for VAT
- Self assessment
- Sole trader vs limited company
- Dividends and personal tax
- Registering your company
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