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Anchor Point:Why form an Unlimited Company?24. Why form an Unlimited Company?

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Anchor Point:Why form an Unlimited Company?24. Why form an Unlimited Company?

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There is no need to file accounts with the Registrar at Companies House as members are liable for company funds and debts themselves so there is no need for public access to financial statements. The owners of the company may enjoy the advantages of these preferential filing requirements. These companies are often used when owners wish to benefit from corporate taxation regulations.

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