What documents do I get with my Limited Company?
All Companies House documentation: LTD Certificate, Share Certificate, Articles of Association and
Memorandum of Incorporation.
What is a Limited Company and why would I want one?
A Limited Company is a registered business. With one, you have access to much more: business bank account,
start-up loans, tax breaks etc.
Can I buy RLIAB if I don't live in the UK?
Yes. You will need to designate a UK address (which we can help with) and also submit some additional ID.
UK companies receive excellent tax breaks and UK Corporate Tax rates are half the US rates.
Do I have to start a Limited Company with RLIAB?
No. But, you must be a Limited Company to be eligible for a business bank account or start-up loan.
How long does it take to form a Limited Company?
Normally, 24-48 hours or 6 hours with our Express Service available.
How long does it take to receive the box?
3-5 working days. The set up and box personalisation takes 48-72 hours. As soon as everything is ready, we courier your
box to you overnight and it can be tracked from your dashboard.
Can I change my company details later?
Yes, through our website.
How does the contract wizard work?
Log in to your Ditto account via your computer, laptop or smartphone and click 'contracts'.
Choose your contract type and fill in the details to produce a legally binding contract. It should take no more
than 1-3 minutes to complete a contract.
Are the contracts legally binding?
Absolutely. We spent 12 months with a team of lawyers producing 'watertight', artist-friendly contract structures.
Our wizard produces a contract for you with your details and you can edit that contract at any time to
add or remove clauses.
Can I choose any label name I want?
Yes, as long as it's not currently in use or infringes any copyright. For example, 'Starbucks Records' would be an infringement.
Can I choose any company name I want?
Yes, as long as it's not currently in use or infringes any copyright. You can search for available names through our system.
What do I do once I’ve got the label?
That's entirely the point. RLIAB provides the infrastructure and road-map so you always know what to do next.
From your mentor meeting we help you plot out a course for the next 12-24 months. Then you will be attending
networking events, keeping up with the Expert Forum, using your start-up loan, making contacts and signing great
artists. But, you will always have the next step planned with RLIAB.
What's stopping another company from ripping off this idea?
No one else would approach this project like we have. We developed RLIAB as a reaction to the problems we faced
starting a label in 2005 - the same problems that were around in the 1950s. Anyone can 'start a label' - but what do you do
next? RLIAB's infrastructure is based on lessons learned from 10 years in independent music, providing solutions for artists
and labels alike. Imitators will come along - but their offerings will be to make money. We didn’t create RLIAB to make
money, we created it to solve problems.
Can I upgrade once I've bought?
What's on the pen?
Your USB pen contains all of your start-up paperwork, contract pack, wizard, and certificate. It also functions as a
normal pen for signing bands.
How do I qualify for a start-up loan?
Criteria are listed fully on your dashboard. Some of the details are taken care of when you form your company.
What mentors will you get for me?
Whatever you want. If you want to export your music to Asia, set up a tour, get investment – whatever it is that you want to
do we source a mentor to help you. And we will work closely with you to define your needs, month-by- month - not one year
When can I use my PR/social media campaign?
Whenever you want. It isn't restricted to your debut.
How do I manage tax returns, corporation tax etc.?
You are welcome to get an accountant. Accounts will need to filed around 21 months from when you start your company -
so there is plenty of time. In a few months (or sooner) we will launch an online accounting system to manage your money
and submit your tax returns etc. in a couple of clicks.
For more information please contact Ditto Music press office.
0151 909 3577