Limited Company

A private limited company (LTD) gives you limited liability and a professional structure. Follow these steps.

1. / 01

   Choose a company name

   Check availability on the Companies House name checker. Avoid sensitive words.

2. / 02

   Decide on directors and shareholders

   You need at least one director (aged 16+). A sole director can also be the only shareholder.

3. / 03

   Prepare a memorandum of association

   A legal statement signed by all initial shareholders agreeing to form the company.

4. / 04

   Draft articles of association

   Rules about running the company. You can use model articles provided by Companies House.

5. / 05

   Choose a registered office address

   Must be a physical UK address. This will be on the public register.

6. / 06

   Choose a SIC code

   Standard Industrial Classification code that describes your business activity.

7. / 07

   Register with Companies House

   Apply online (£12) or by post (£40). You'll get a certificate of incorporation.

8. / 08

   Register for Corporation Tax with HMRC

   Must be done within 3 months of starting business. HMRC will send your UTR.

9. / 09

   Set up a business bank account

   You'll need your certificate of incorporation and company details.

10. / 10

    Register for VAT (if needed)

    Mandatory if turnover exceeds £90,000. Voluntary registration is possible below this.