Finance Questions? Ask a Financial Expert for Answers ASAP
If your business is on a small scale, LLP would be more preferable as it can be started with minimum of 2 members. All of the members enjoy limited liability and as you rightly say, the liability is limited to the extent of the amount invested. You will have all the features / advantages for your reference at http://www.ukincorp.co.uk/s-5-uk-limited-liability-partnership-formation.html and so, I am not repeating here.
The corporation structure will not give you more benefits excepts relative easy access to credit and else. Refer http://www.ukincorp.co.uk/s-46-uk-company-formation-benefits.html However, looking at your profile, LLP structure should suffice.
There should be no complications of you being an American starting a business in UK.
I hope this would help...
Thank you for your answer,adequate for the UK side of things,and certainly I'm satisfied from that end;but I wonder whether you could contact me with a US specialist
as there may be possible complications in forming a foreign(from the US standpoint)
company. Obviously,I'll need to pay both you and the US adviser.
In that case, I shall opt out so that other expert can assist you with.
As I uderstand,you don't have US knowledge on the subject,but I feel I need to pay you for your help on the UK side,so perhaps you could suggest a price.
Thank you. You can do so by accepting this answer.