How to Register a Company in the UK

📅 Last Updated: Jan 01, 2024
✍️ Author: Tom

Starting a business in the UK? Registering a company is a straightforward process, but there are important steps to follow. This guide walks you through the entire process.

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1. Choose Your Business Structure

Before registering, decide which type of business is best for you:

• Limited Company (Ltd)
  ✅ Separate legal entity
  ✅ Higher credibility
  ✅ Can raise investment

• Sole Trader
  ✅ Easiest to set up
  ✅ Keep all profits (after tax)
  ❌ Personal liability for debts

• Partnership
  ✅ Shared ownership & profits
  ❌ Shared liability

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2. Pick a Unique Company Name

Your company name must be unique and follow Companies House guidelines.

• Check availability: Name Checker
• Check trademarks: Search Trademarks
• Secure a domain name: GoDaddy | Namecheap

✅ Allowed: "SwiftTech Ltd", "EcoSmart Solutions Ltd"
❌ Not Allowed: "Apple Ltd", "UK Government Ltd"

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3. Register Your Company with Companies House

What You Need:

• Company Name
• Registered Office Address (UK-based)
• Director & Shareholder Details
• SIC Code (Find it here)
• Memorandum & Articles of Association

💰 Registration Fees

• £12 (Online) → Register Here
• £40 (By Post)

📜 Processing Time:

• Online: 24 hours
• By Post: 8-10 days

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4. Set Up a Business Bank Account

🏦 Recommended Banks:

• Starling Bank – No monthly fees
• Revolut Business – Good for international transactions
• HSBC Business Account – Traditional banking option

📌 Documents Needed:
✔️ Certificate of Incorporation
✔️ Proof of ID & Address
✔️ Business Details

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5. Register for Taxes with HMRC

All UK businesses must register for Corporation Tax within 3 months.

What You May Need to Register For

📌 Corporation Tax (Required)
📌 VAT (If turnover > £90,000)
📌 PAYE (For employees)

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6. Keep Accounting Records

📊 You must track:

• Income & expenses
• VAT (if applicable)
• Payroll details

Recommended Accounting Software

• QuickBooks
• Xero
• FreeAgent

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7. File Annual Returns

📅 Every UK company must file:

• Confirmation Statement (CS01)
• Annual Accounts to Companies House
• Corporation Tax Return (CT600) to HMRC

🚨 Failure to file on time = fines or company strike-off!

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8. Start Running Your Business 🚀

✅ Begin trading
✅ Build your website & brand
✅ Apply for funding
✅ Network & grow

🔍 Need UK company insights? Check out Datadini.ai for real-time data.

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📌 Quick Summary

✔️ Choose a business structure
✔️ Pick a unique company name
✔️ Register with Companies House (£12, 24 hours)
✔️ Open a business bank account
✔️ Register for taxes with HMRC
✔️ Keep accounting records
✔️ File annual reports

🔥 Start your UK business today!
👉 Register Now