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Limited company registration in the UK: A step-by-step guide​



Registering a limited company in the UK is a crucial step for any entrepreneur. It offers a number of advantages, including limited liability, separate legal entity status, tax benefits, and access to investment.​


The registration process is relatively straightforward, but it's important to understand the steps involved and to ensure that you have all the required documentation. In this article, we'll provide a step-by-step guide to limited company registration in the UK.​


1. Choose a company name and check its availability​


The first step is to choose a company name that is unique and available. You can check the availability of your chosen name on the Companies House website.​


2. Decide on the type of limited company you want to register​


There are two main types of limited companies in the UK: private limited companies and public limited companies. Private limited companies are the most common type of limited company and are suitable for most businesses. Public limited companies are more complex and are typically used by large businesses that want to raise money from the public.​


3. Appoint at least one director and one company secretary​


Every limited company must have at least one director and one company secretary. The director is responsible for managing the company's day-to-day operations, while the company secretary is responsible for ensuring that the company complies with all relevant laws and regulations.​


4. Register your company with Companies House​


To register your company with Companies House, you will need to submit a number of documents, including the Memorandum of Association, Articles of Association, and Form IN01. You can register your company online or by post.​


5. Pay the registration fee


There is a fee of £50 to register a limited company.​


Once your company is registered​

Once your company is registered, you will receive your company's incorporation certificate. This is proof that your company exists legally.​


6. Open a business bank account​


Once your company is registered, you need to open a business bank account. This is separate from your personal bank account and is used for all business transactions.​


7.Register for Corporation Tax​


If your company is going to be trading, you need to register for Corporation Tax. You can do this online or by post

.​

8. Register for VAT​.


If your total VAT taxable turnover for the last 12 months exceeded £85,000 (for the 2023-24 tax year) or £90,000 going forward, you must register. You can verify this at the end of each month, but you should register within 30 days of the month-end when you exceeded the threshold.




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