Limited company
Formal Neutral
What it really means
A registered company that is legally separate from you, often set up by contractors to work through (a 'Ltd'). It has its own tax and filing duties at Companies House and HMRC. Get accountant advice before setting one up.
Chinese explanation
有限公司（Ltd）：在法律上与你个人相互独立的注册公司，合同工常成立它来接活。它在 Companies House 和 HMRC 有自己的税务和申报义务。成立前先咨询会计师。
Example conversation
A: Should I set up a limited company for contracting?
B: Maybe, but it means more admin — talk to an accountant first.
A：接合同活儿我该成立有限公司吗？
B：也许吧，但会多不少行政事务——先找会计师聊聊。
Official sources
Rules and amounts change — confirm important details with the official source.
Go deeper
All Work & Jobs
Reviewed by the UK Decoded editorial team
· Last checked 24 July 2026 · Report a mistake