Hi there I'm just setting up a website (socail type affair) and worried about the legal implications to me if it gets hacked etc or something similar.
I own the website personally and wondered should I set up a Ltd company and put that as the ownership to the company? (is this just a matter selling it to the ltd co. for 1 pence or something). My main concern is a lawsuit or something against me should something go wrong for whatever reason. The website will be storing user details and possibly and phone contact for each user Your help appreciated. Thanks
Thanks for this, yes this helps me appreciate your reply
For now I want to launch the site just to get a feel for its interest before I continue 'properly'. If I just set up a ltd company online (today) for instance with myself as director, is it just a matter or writing a receipt to myself from the company for the sale of the site? (at some point)
If so it looks to me that I can do this very quickly at low cost and if the site doesn't take off nothing really lost. If it does I can then invest some money and get things moving.
(i'm up against a deadline at the moment so its just to cover myself at this initial stage)
Great Alex thanks again. I'll get on and do this now, and unless I can think of any more detail in the next few hours I'm done?
Good job. Ps if you know anywhere I get a good base for websites T&Cs then let me know otherwise, good day. Thanks!