It seems that the company registration in the UK is becoming more and more popular among business people around the globe. An individual or an organization that wants to register their organization in the United Kingdom must learn more about the company types UK options. Generally speaking, there are four basic types of companies in the UK. In case you understand what they represent, you should be able to pick the right form for your business. Of course, an experienced company formation agent can help you make the right choice too. Now let’s check the most common types of company in the UK.
Private Company Limited With Guarantee
Members of these companies don’t make any type of contribution on the capital. In addition, shares of these companies can’t be bought by the members. Another important thing that you should know is that the liability of each member is limited. The limit is set up to the amount which the members have agreed to invest in the assets of the organization in case the company is getting closed.
Private Company Limited With Shares
As the name suggests, this kind of UK companies is based on share capital. So, the liability of each member is limited to due share amounts that she or he holds. What’s important to understand is that the shares of these companies are not available to general public.
Private Unlimited Company
There are two subtypes of these companies – ones that have share capital and ones that don’t have share capital. In addition, there’s no limit to member’s liabilities, hence the name. Due to the fact that there is the unlimited liability of the members, these companies provide less information to the general public than other types of UK companies.
Public Limited Company
In this case, we are talking about companies that have share capital. The liability of each member is up to the unpaid share amount of the member. Public Limited companies have the right to sell shares to general public. In addition, they can be quoted on stock exchanges.
In addition, there are limited liability partnerships too.
When it comes to the formation of any type of company in the UK, one person or two or more persons can form companies without any restrictions as long as they have lawful goals. In order to form a company, the person or persons must subscribe to the memorandum of association.
The paperwork related to company formation will be checked thoroughly by the Company House. All these checks are here to ensure that prospective members are allowed to form companies. If the company passes the checks, it will get incorporation certificate. With this step, the basic information about the company becomes available to the public.
If you are interested in company registration/formation, it’s the best idea to take assistance provided by qualified people. There are reputable company formation agencies that can help you select the right type of company and finish this process on your behalf.

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