What exactly is a company, what forms need to be completed and what are the duties and obligations of a director? All these questions and more are examined. The video looks at all the steps in the formation and operation of a private company; including Loans to Directors, Reporting Requirements and Tax Implications.

This video examines the formation of a small private company and the necessary steps involved. What exactly is a company, what forms need to be completed and what are the duties and obligations that follow the setting up of a company? Tax implications and loans to directors are discussed. Anyone setting up in business or advising clients to incorporate will find this video helpful.