UK Business Structures: Comparing Ltd, LLP, and Sole Trader
Correction United Kingdom

UK Business Structures: Comparing Ltd, LLP, and Sole Trader

Corrected by Emir Baycan · on Corpy · 14 July 2026 · View published page ↗

Detailed comparison of UK business structures: Ltd, LLP, and Sole Trader, covering taxes, liability, and essential characteristics.

Outdated adviceNeeds stronger evidence

The exact change

Before

| Registration cost | 50 GBP | 50 GBP | Free |

After

| Registration cost | 100 GBP | 100 GBP | Free |

Suggested change

Updated the registration cost row to reflect the current GBP 100 Companies House fee, and fixed a fabricated "our analysts" authority-voice instance.

Why this is better

The Quick Comparison Overview table's Ltd/LLP registration cost row used the stale intermediate Companies House fee (GBP 50) instead of the current GBP 100 fee effective 1 February 2026.

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