Setting up a private limited company to trade shares

Hi All,
Could you please help me understand the the pros and cons of setting up a private limited company to trade shares.

I have looked at the revenue web site. If I understand correctly, companies are exempt from paying CGT on share transactions. Is this correct?

Thanks!

No. It's not a good idea and it has been dealt with on Askaboutmoney before.

Do a search.

Thanks Brendan. I found a link on the key postings page, titled,
"Using a limited company to hold your investments"

Unfortunately the link is not functional.