I'm currently living in the UK and I'm a complete noob at CPA although I'm really interested in starting out in the CPA business hence I need some help with the business decisions. I'm really not sure which type of a business I should register, either a LTD or LLP. Which type would be best suitable for a beginner in CPA? The company will of course be in my friends name because I'm not old enough at the moment. Most important I cannot afford an accountant so I will have to do all the book filling and tax keeping all by myself and I'm not to sure how to go around that. Apart from this I do have the money to register the company and get a private address. Once the company is registered and for example 2 months later we decide to shut off the company because for example we aren't successful? Can you actually shut the company down after such a short period? Would this affect me in any way? So would anyone be able to give any good advice for a CPA comapny in the UK?? All advice welcome!!!