Limited Company vs Partnership | Key Differences in English Business Law Explained

Thinking of starting a business or revising for the SQE1 exam?
In this video, we’ll compare two common business structures under English law: Limited Companies and Partnerships.

You’ll learn the key legal differences, including:
• Legal status: separate entity or not?
• Liability: limited vs personal
• Management: directors vs partners
• Formation requirements: registration vs informal setup
• Taxation: corporation tax vs income tax
• Public disclosure: who files what?

We’ll explain the legal concepts using plain English and give real-life style examples so you truly understand how these structures operate — and why the choice matters.

🎓 Ideal for SQE1 candidates and aspiring business owners who want to understand the legal implications of different business models under:
• Companies Act 2006
• Partnership Act 1890

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I’ve published a series of SQE1 MCQ books packed with scenario-based questions to help you master legal concepts through practice. Each question is carefully crafted to test your reasoning and build exam confidence.

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Видео Limited Company vs Partnership | Key Differences in English Business Law Explained канала SQE Success by Farrah