Coffee Company » ltd company

Am I liable to pay govt taxes once regestering a pvt ltd company? which type of taxes there are?

admin — Thu, 06 Oct 2011 02:33:47 +0000

Am I liable to pay govt taxes once regestering a pvt ltd company only, but not starting production or any type of import/export? which type of taxes there are?
I am from India.

Taxes are always on income… If you are not doing business then you don’t need to pay taxes but you need to maintain account statement for you company,,,

Is there any advantage in trading shares through an Ltd company?

admin — Tue, 27 Sep 2011 00:52:01 +0000

Is there any advantage in trading shares through an Ltd company, compared to trading as an individual?

Only the same advantages (or not) that there are when carrying on any other trade or business.

The main advantage of a Ltd company is that liability is limited, so if you become insolvent or get sued you are not at risk of losing everything you own. But if you are buying and selling shares I suspect that the risk of this is low.

There are taxation differences between the two options, but there is no easy answer to which one is "better". It will need a detailed assessment of your exact circumstances to know for sure.

To run a late night alcohol delivery service do you need to be a LTD company?

admin — Tue, 06 Sep 2011 23:15:47 +0000

I am trying to start a late night alcohol delivery service but need to find out if i need to set it up as a LTD company? Thanks in advance.

No John, just register with HMRC as self employed.
Keep it simple.

Is it easier to get a loan as a Ltd company or a sole trader?

admin — Sat, 03 Sep 2011 01:54:24 +0000

Im looking at getting a loan to help with my cashflow and invest in some marketing.

I am currently a sole trader but would it be easier to get a loan as a LTD company? I really don’t want my personal assets being affected by the borrowings.

You would need to stand as guarantor for your limited company for any bank borrowings so it doesn’t make much difference. Unless, of course, your company has enough assets to cover the value of the loan. The bank would probably use your property/house as security for a loan whether as a company or sole trader. Have you thought of an overdraft as it work out a lot cheaper than a loan?

Can I start my own Pvt Ltd Company while still working for a company like TATA motors?

admin — Sat, 13 Aug 2011 21:44:23 +0000

I want to start a business of importing from china and selling in indian market ( to be precise finished steel auto products. Its not what my present company sells / makes ).
Can I start my own Pvt Ltd Company while still working for an established automobile company ( e.g. TATA motors)
Plz help.

Thanks

Private lshares Privatey is a corporate body, having capital contributed by many. To own a private company, you should hold majority shares. Terms of employment with TATA Motors may not allow you, to carry on business or even to be a Director of another company. Even if it is allowed, your full time employment will not allow to concentrate in your business. Instead of starting a private limited company, you can own a proprietary business in your name, carried on by a third person on your behalf.

A. Rajagopalan

I want to register a LTD company for my own small web business, How will this effect my current full time job?

admin — Thu, 11 Aug 2011 11:19:33 +0000

I am running a small web company that makes around £400 a month, To gain trust on the web a LTD company is much better than a sole trader. How would this effect my current job which if at all and what would the cost of compliance be roughly (Accountancy etc)

It should not affect your job unless you spend more time on your business and less on your work. Which would mean your business is growing a very good thing. It is great to take this to the next step. Cost vary from place to place, call your local gov. agency or call a accountant. most will have a first consult for free. Have your questions ready. It will change your income and tax status, you are still small so the impact should be minimal.
Best of Luck

I am running a P Ltd company,I am looking for a guide or a consultant who can guide or help me to develop it?

admin — Tue, 09 Aug 2011 11:17:27 +0000

Mine is a Private Ltd company six months old,we aimed to manufacture and market Cosmetic products.Now we are dealing with other’s brand .I am looking for a guide or consultant to give guidance to do Project,financial and goverment regulations .

Tip: Don’t relay on consultants, instead, try looking for a mentor. the difference of course is that a mentor does not get paid, and it is truly in his or her best interest to help you, you can start today by signing up at your local Small Business Chamber Of Commerce, get to their meetings and meet people from your industry. there are a lot of meeting for entrepreneurs in the cosmetics industry there; try it out, its only a few bucks to sign up and the value is amazing, as long as you attend the meetings and mixers they have.

if you want to do it without spending any money, try Mentor.com or Score.

best of luck

As a director of a small ltd company, to take a cut of profit do I have to register myself as an Eployee?

admin — Sat, 30 Oct 2010 04:16:30 +0000

As a director of a small ltd company, do I (the proposed employer) have to register myself as an employee to take a cut of the business profit?

This of course incurring PAYE and P11 forms and returns.

as a director you are an employee and get paid monthly (or whatever) with the relevant tax and n.i. deductions. the profits go to the company, not you as it is a separate legal entity. contact me if you need any further help

Replacements, Ltd. Tour – China, Crystal, Silver, old & new

admin — Tue, 20 Apr 2010 05:10:25 +0000

http://www.replacements.com/index.htm?s1=YTB&3& Take a tour of Replacements, Ltd., a pet-friendly company located in Greensboro, NC. In business for 27 years, we feature the world’s largest selection of old & new dinnerware (discontinued & active), including china, stoneware, crystal, glassware, sterling silver, stainless, and collectibles. Our 415,000 square foot facilities (the size of seven football fields) house an incredible inventory of 13 million pieces in more than 297,000 patterns, some more than a 100 years old!

Duration : 0:5:21

[youtube KbHfqW45m6E]

Accountancy Podcast Ep 8 – Invoicing Through A Ltd Company?

admin — Sat, 17 Apr 2010 06:32:33 +0000

For more information please visit http://www.accountancyservicesdirect.co.uk/ or call Freephone 0800 135 7463 or 0208 144 4634.

In this episode Andy discusses the options you have when with regards to invoicing through your limited company or going through the personal tax route.

http://www.accountancyservicesdirect.co.uk/

Duration : 0:3:52

[youtube sXyv01ksIL4]