Hi all, Is it possible to open a new account in the name of a limited company? Thanks in advance

for now its retail individuals only I believe.

[image] Company trading account 💡 Feature suggestions & ideas Our current focus is more retail-oriented but we’ll definitely support company accounts as well at some point.

Little off-topic, why would you want to open an acc as a ltd? I have a ltd, but I don’t see what are the advantages of trading as a ltd instead of as an individual.

Hey Darko, It helps if you are in higher tax bracket. Please correct me if I’m wrong

I’m not sure, so I would love to hear what you have in mind. I found some answers on crunch.co.uk , and also I asked my accountant, but she told me that she doesn’t know, and I will have to find another accountant because it’s different for that kind of companies. I asked her about tax od dividends…

Hello Darko. I am not sure how it works in your home country however I can give you a general overview of why somebody would want to trade under a company (Pty Ltd). A company is considered a separate legal entity from its owner, so its assets and liabilities which includes taxes are separate fro…

Thank you @MoneyMondays for a comprehensive answer. Is it even possible (in the UK) for Ltd to operate (have expenses) without issued invoices (clients/buyers)? I suppose that I will have to pay an accountant much more (at least my current accountant say that) because its different way of bookkeepin…

Limited company account

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Vedran May 27, 2020, 5:10pm 3

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Limited company account

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