GNL 1: Setting up a Company – General Matters

A company is a legal entity with a separate identity from those who own or run it. Getting the legal formalities right at the outset and getting into good habits of administration can prevent difficult questions arising later on, for example on a fundraising, bringing in new partners or realising value.

This Guidance Note explains what is needed to form a new English private limited company and the main points of administration required after that to comply with legal requirements.

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