How to Register a Ltd Company
Starting a limited company in the United Kingdom is a great way to protect your personal assets and build a professional image for your business. Here are the key steps to register your company and get started.
Choose a name
The first step is choosing a name for your company. It must be unique and not too similar to an existing registered business. You can check name availability on the Companies House website.
Tip: Ensure the name reflects your brand and complies with UK company naming rules.
Prepare documents
Before registering, prepare the necessary documents, including your Memorandum of Association and Articles of Association. These legal documents set out how your company will be structured and run.
Fact: You can use the standard templates provided by Companies House or customise them to suit your business.
Appoint directors
You’ll need at least one director to register your company. The director(s) will be responsible for running the company in line with legal obligations. Directors must be over 16 years old and not disqualified from being a director.
Note: You can be both a director and a shareholder in your company.
Allocate shares
You must allocate shares to one or more shareholders. This is important as shareholders own the company, while directors manage it. The initial Statement of Capital will declare the shares issued.
Tip: Many small businesses allocate all shares to the founder to maintain full control.
Register with Companies House
Once you’ve completed the previous steps, you’re ready to register your company with Companies House. You can do this online or via paper forms. The online registration fee is £12, and it usually takes 24 hours.
Key Info: Be ready to provide your company name, address, director details, and shareholder information.
Register for taxes
After registering with Companies House, you’ll need to register for Corporation Tax within 3 months of starting business activities. You may also need to register for VAT if your annual turnover exceeds £85,000.
Tip: Keep detailed financial records from day one to simplify tax filing and compliance.
By following these steps, you can successfully register a limited company in the UK. It’s a straightforward process, and getting the paperwork right at the start will set your business up for success.
Remember: A well-registered company builds trust with customers and partners, protecting your personal assets and providing room for growth.
Good luck with your new venture!