cryptohunter
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In the UK, you can start a company with just one person as the owner and the boss. This is common for small businesses and people starting out on their own. The law allows this solo person to be both the owner and the boss.
This way of setting up a company is good for people who want to run the show by themselves without dealing with partners or other bosses. It makes decisions and paperwork simpler.
If you're going for this solo setup, you need to follow the rules. This means doing things like sharing yearly accounts and info with Companies House. When you start the company, you also have to give details like where the company is based, who the boss is, and how the ownership is divided.
This way of setting up a company is good for people who want to run the show by themselves without dealing with partners or other bosses. It makes decisions and paperwork simpler.
If you're going for this solo setup, you need to follow the rules. This means doing things like sharing yearly accounts and info with Companies House. When you start the company, you also have to give details like where the company is based, who the boss is, and how the ownership is divided.
