3. Why do I need to incorporate my Company?

To protect a name

To take advantage of the tax benefit. Limited Liability protects the owner of the limited company from personal loss. A limited company is a separate corporate entity and unlike self-employed or soletrader, its debt is not that of the individual owner. Image & Perception, for example a prepective employee will prefer to work in a limited company rather than for a sole trader

3. Why do I need to incorporate my Company?

To protect a name

To take advantage of the tax benefit. Limited Liability protects the owner of the limited company from personal losses. A limited company is a separate corporate entity and unlike self-employed or soletrader, its debt is not that of the individual owner. Image & Perception, for example a prospective employee will prefer to work for a limited company rather than for a sole trader.