When setting up a new business, there are a few ways to structure it. One popular option is to form a Limited Company. Many choose this to keep the legal liabilities of the business separate from the person who actually owns it. Forming as this sort of company does come with some specific requirements though. Year-End Accounts & Corporation Tax are high on this list and are something all Limited Companies must get to grips with. If you are new to owning a business though or do not have much experience with this type of company, it may seem daunting.