Company Formation: You can form a Limited Company with just 1 person!

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company formation with one personLast Updated: 16/09/2014 

We’re often asked how many people are required to form a limited company; well the answer is just one. One person can be:

• Director (obligatory)
• Shareholder (obligatory)
• Secretary (optional)

Peculiar sentence alert! If forming a company with just one person, the person must be a person and not a corporate appointment!

This post was brought to you by Mathew Aitken at
Companies Made Simple – The Simplest Company Formation Service

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