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Set Up a Limited Company: Business Startup & Company Formation

Start your business on the right footing.

The decisions you make in the first few weeks shape your tax and admin for years. We help you choose the right structure, set up the company, register with HMRC and get your records running from day one.

Three young founders laughing together over a laptop and phone at a shared desk

Is this the right support?

  • People leaving employment to start their own business
  • Sole traders who need to register with HMRC for the first time
  • Founders setting up a limited company, alone or with partners
  • Contractors and freelancers setting up to work through a company

The work itself.

  • Advice on sole trader, partnership, LLP or limited company, with the tax figures side by side
  • Forming your limited company at Companies House, with the right share structure
  • Registering for Self Assessment, Corporation Tax, PAYE and, where needed, VAT
  • Help choosing a business bank account and connecting it to your software
  • Setting up Xero or QuickBooks from the start, with receipt capture
  • A plain-English list of your deadlines for the first year
  • Guidance on paying yourself, expenses and record keeping from day one

How to set up a limited company

Here is the process from start to finish. We can do every step for you, or check what you have done yourself.

  1. 01Choose a company nameCheck it is available on the Companies House register and not too similar to an existing name or trade mark.
  2. 02Decide on directors and shareholdersMost small companies have one or two directors who also own the shares. Think about who should own shares now, as dividends follow shareholdings.
  3. 03Pick a registered office and SIC codeThe registered office must be an appropriate UK address where post can be received. The SIC code describes what the company does.
  4. 04Register the company at Companies HouseOnline incorporation costs 100 pounds and is usually complete within a day or two. Directors also need to verify their identity.
  5. 05Register for Corporation TaxHMRC sends a company UTR after incorporation. You must register for Corporation Tax within three months of starting to trade.
  6. 06Open a business bank accountKeep company money separate from personal money from day one; it is a legal entity in its own right.
  7. 07Register for PAYE and VAT if neededPAYE is needed before you pay any salary, including your own. VAT registration is required once taxable turnover passes 90,000 pounds.
  8. 08Set up your bookkeepingStart in Xero or QuickBooks with receipt capture, so records are complete from the first transaction.

Agreed before we begin.

Startup support is usually a fixed one-off fee, often combined with your first year of accounts and tax. Company formation includes the Companies House filing fee only if your proposal says so.

What we'll need from you.

  • Your business idea, expected income and plans for the first year
  • Personal details for each director and shareholder, and identity documents for our checks
  • Any existing HMRC references, such as a UTR

Four quiet steps.

  1. 01

    Conversation

    We talk through the business, your current setup and what you need.

  2. 02

    Proposal

    You receive a written quote setting out the scope, responsibilities and fees.

  3. 03

    Setup

    We arrange access and agree how information will be shared.

  4. 04

    Ongoing work

    We complete the agreed work and tell you what we need along the way.

Worth asking.

  • The Companies House fee for online incorporation is 100 pounds. On top of that, you may pay for accountancy support, a business bank account and accounting software. We quote a fixed fee for startup support before we begin.

Talk to us about set up a limited company: business startup and company formation.