UK COMPANY REGISTRATION

The type of company that we setup in the UK is known as a Private Limited Company. It is a legal entity that can have a limited number of shares and can be owned privately by one or a group of private individuals. A private limited company cannot list its shares on the stockmarket, which means that it cannot be offered to the general public.

No, the registrar of companies (Companies House) in the UK is extremely efficient and all formalities can be completed remotely.

Yes, the annual accounts and tax filing must be prepared and submitted by year-end.

Please refer to our complete guide about the UK Private Limited Company taxation.

Upon registration of a Private Limited Company, the names of company officers will appear on the public record.

Additionally, a new Register of “The People with Significant Control” (PSC) has been implemented and must be declared since April 2016.

(PSC) Register includes information about the individuals who own or control companies including their name, date of birth, nationality, and details of their interest in the company.

The shareholders’ liability in a Private Limited Company is typically limited to the amount of shares respectively held by them.

In general, companies must have a share capital that can be of any value. By default, the minimum share capital to be mentioned is at least £1.

A minimum of 1 director and 1 shareholder should be appointed on a Private Limited Company in the UK.

Additionally, since the implementation of the Companies Act 2006, the company secretary is no longer required.

SFM stands out for the quality of its service, its attentive customer support, and, above all, its efficiency and speed.

The United Kingdom boasts a swift and effective registration system. Electronic processing of company formation can be completed within 2–3 days, pending the validation of your identification documents.

Your company name must be unique and distinct from those of other registered companies. If your name bears a close resemblance to another company's name or trademark and a complaint is lodged, you might be required to make a change. Typically, your company name should conclude with either 'Limited' or 'Ltd.'

A UK corporate bank account is not required to register your company. You may opt to utilize a local bank account for managing your business transactions.

The cost of a UK company registration depends on whether you proceed by yourself or enlist the help of a registered agent. All may be handled remotely via SFM, using third-party software, or through the government’s dedicated website, though prices and timeframes may vary. Note that you can also register online and process the payment by card or bank transfer for the required amount alongside your application.

At SFM, we believe a streamlined process is at the heart of a successful company formation. That’s why we assign an account manager to each client. This dedicated expert will provide clear instructions and ensure your payment covers everything you need.