Incorporating as a limited company separates the individual from the business and provides limited liability protection. This means any debts owed are owed by the company and not the individual. It also provides a means for attracting investment as money or time can be exchanged for shares. The UK is home to a number of extremely tax-advantaged investment schemes including SEIS and EIS, which makes investing in private companies limited by shares particularly attractive. The UK tax regime also means that operating a limited company can be a more tax-efficient way to draw an income than as a sole trader or partnership.