The UK is one of the easiest places in the world to start a business. The process is fast, digital, and affordable. Here is how to set up your Limited Company (LTD).
Types of Companies
Private Limited Company (LTD): The most common structure. It limits your personal liability and is tax-efficient.
Documents Required
- ID Proof: Passport or driving license.
- Address Proof: Utility bill or bank statement (can be non-UK).
- Registered Office Address: Must be in the UK (we provide this).
The Process
1. Choose a Name: Check availability with Companies House.
2. Register Online: Submit your application to Companies House.
3. Receive Certificate: Usually within 24 hours.
4. Register for Tax: Sign up for Corporation Tax.
5. Open a Bank Account: Use a digital bank like Wise or Tide.