The process for registering a UK limited company can now be completed entirely online, without the need for any paper documentation. As you work your way through the company formation application – whilst you may not know it – you are providing the information for 3 key documents that you need to register a limited company. Here we explain what these documents are.
[continue reading…]company formation
A private limited company is a business structure in which the liability of its members, shareholders and directors is limited, hence the term ‘limited liability company’.
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If you are thinking about setting up a limited company, you might be surprised to find out that you can incorporate a new company for only £12.99 with our partner 1st Formations. Here, we look at how incorporation costs vary according to the formations service you choose, together with additional costs you may incur.
[continue reading…]Readers’ Question: I want to start a business and have looked at both the sole trader and limited company structure. I think that running as a limited company will be better for me. What is the best and most cost-effective way to register a company?
With over 1.8m limited companies operating in the UK today, compared to 3.3m sole traders, we look at the advantages afforded to business owners who decide to trade via their own limited companies.
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Once you’ve submitted your company formation details to Companies House, and your application has been accepted, you will be sent a certificate of incorporation, which states your company name and other details.
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If you want to set up a new limited company, you will need to have various pieces of information to hand in order to complete the incorporation process.
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The Registrar of Companies has launched a new mobile app to allow users to search its database of over 2.7 million live companies, and view historical formations data.
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If you want set up your own limited company, you need to decide whether to set up the company via your accountant, through an intermediary (such as a company formations firm), or apply online and do it yourself.
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