How to Register a Company in the UK?

 

Do you want to take your amazing business idea to market? The first step is to register your company in the UK Companies House. This will require gathering information, including choosing a business structure and deciding how your company will be run. Step 1: Enter and learn how to register a company in the UK.

Choose a Company Structure

 

When most entrepreneurs register a company in the UK, they prefer a ‘private company limited by shares’.

 

One advantage of this business structure is that it creates an effective way for you to manage your taxes.  For example, you, as a company director, can withdraw some income from company dividends, which means you have to pay less income tax.

 

Another advantage is that if the company gets into financial trouble, your personal assets – like your home and car – will not be at risk.  This is called ‘limited liability.

 

Register a Company Name (UK)

 

Before registering a company in the UK, you need to check that your company name is available.

 

Some tips that will help you in choosing a company name:

 

  1. Research the market – The company names of your competitors will influence you in choosing your name.
  2. Choose a name that makes sense – The first thing your company name will tell people about your business is what it tells them about what you do.
  3. Keep the name in mind – A concise company name will be easy to remember and will also look better on marketing materials.
  4. Avoid company names that are difficult to write – and remember that they are easy to say.

Enter your company information

When you register a company in the UK, the details of your major stake are usually publicly disclosed.  Companies House will need your information:

 

Registered office – This is where Companies House and HMRC will send you a letter.  This should be in the UK, and the directors of the company can be reached at this address.

 

Company directors – There should be at least one director in your company.  Companies House needs to know your name, date of birth and where you live.

Shareholders – Every company must have at least one shareholder, but it can be the person who is also a director.  Companies House needs to know your name, date of birth and where you live.

 

If you do not have a separate address for your business, you should use your home address to register a UK company.  But if you don’t feel comfortable revealing your home address publicly, our Registered Agent Service allows you to register your business with a Central London residence.

How can we help you?

Contact us or submit inquiry at the Consulting WP office nearest to you or submit a business inquiry online.

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