By law, a company is seen as a distinct person, separate from the persons who formed it. This makes it a separate legal entity.

The owners of a company are referred to as its members or shareholders. Because of its legal status,  companies are given the same rights as a natural person which means that a company can incur debt, sue and be sued.

Find out all you need to do when forming your company and the key people you need.

Company Formation, Who and What? (EBOOK)