For anyone looking to start a new business, the challenges that you face can feel rather extensive. If you have ever felt challenged by business start-ups and registration challenges, then you can rely on us to make sure the process soon becomes so much easier to understand and follow. To set up a private limited company you need to register with Companies House. This is known as ‘incorporation’. The process will take 1-2 days. After that we will send to you an Incorporate Certificate. You will need to send to us a Personal details form with:
- Company name
- An address for the company
- At least one director
- Details of the company’s shares - you need at least one shareholder
- To check what your SIC code is - this identifies what your company does
After that we will register your company for required tax services with HM Revenue & Customs depending on needs:
- Corporation Tax
- PAYE – RTI
- Workplace pension
- SA for Directors
- Other Taxes
After the incorporation of your limited company, you will be required to set up your business bank account. Most of the retail banks have limited company bank accounts on offer. The fastest way to have it arranged is to visit the bank personally.
Let us help you to reduce the tax that you pay.
If you need reliable business advice for your new or existing business please contact us now.