Fast and professional company formation starts from £24.99, limited company registration in UK within 1-4 hours!

You may want to register a private company for the new or existing business. Registration of a limited company will protect and limit your liability for the possible debts, damages and obligations of the business.

The primary advantage of registering of a company limited by shares is minimisation of shareholder’s personal liabilities for debts of the business. It also offers tax advantages, secures the name and adds credibility to your business.

Anyone can start a private company. With some limitations its suitable for any business activity and any size of the business: small private to vast multinationals; for-profit enterprises, as well as philanthropic and charitable ideas, self-employed and sole traders.

Of course, yes! You can convert from a sole trader to a private company. English, Welsh, Scottish or Irish limited companies can be established for a new business or converted from your current self-employed activity. You might as well be able to keep your present business name, if it’s not in use by another registered company.

Choosing to register a limited company may offer tax benefits and as well will allow more efficiency to your business if it is making £25,000 and over per year. When you are forming a limited company you also have more credibility and is personally liable for the debts of your business.

If you do not want others to use the name of your business, formation of a limited company is the best way to keep it protected. Registration of a trademark will add additional piece of mind. Depending on your business, you can consider local or international registration. Feel free to contact us for more information about new company formation in UK, EU and USA.

The process of a limited company formation is much faster and very straightforward if done with Coddan. Our online business registration form is easy to use, packages are tailored for different needs, and all provide complete set of corporate documents; our support is here to assist and direct you throughout the whole procedure. We offer online company formation in England, Scotland, Wales and Northern Ireland, and our incorporation services are simple and straightforward. We provide you a registered office address in different locations across the Great Britain - we supply the legal address for a company formatgion in London, Liverpool, Manchester, Glasgow, Edinburgh and in Belfast.

Once your order for a limited company incorporation is received, we will check all the details submitted, making sure that the information provided is correct, we will then submit the application to the Companies House via our online companies incorporation software. Once the application is received by the Registry, they will process the information and incorporate your limited company by issuing it with the registration number.

With Coddan, if you apply for a guaranteed same-day formation service, the time frame to establish a private limited company can be as little as 1 to 3 hours. The standard time frame can vary and depending on a workload of the Companies House, company establishment process can stretch to up to 8 working hours or even more before your application is approved and registration number for your company is issued. Any application for the guaranteed same-day formation service should be submitted to Coddan before 13:00 to ensure the registration with the same working day.

The prices for our basic private company start-up packages start from just £24.99 + VAT and that is including government filing fee. Additional services are available upon request.

Once your company has been registered, our business start-up team will contact you via email, and send all relevant e-copies of corporate papers immediately. The company will be ready to commence trading immediately.

We are charging £24.99 for a new private limited company formation in England, Wales, Scotland and North of Ireland, and our charge includes the government incorporation fee. We are charging a bit different amount of money for other types of business entity registration. We charge £32.00 to setting-up an LLP and £39.49 to establish a company limited by guarantee, etc.

There are no restrictions on the nationality and residency of the directors/shareholders of the UK companies. Corporate shareholders are allowed, however directors must be private individuals. Anybody who is 16 years and older can open a private company in England, Wales, Scotland and Northern Ireland, and can act at a director. However, if you have been disqualified or declared a bankrupt, you will not be allowed to serve as a director of the company incorporated in the Great Britain.

One natural person is needed to form a limited company in the UK. Corporate directors are not allowed and only national person can be appointed for the position of the director. Corporate shareholders are allowed and their names are listed for public records. Same person can act as director and shareholder. Company can have as many directors and shareholders as its required for the business.

Absolutely! Anyone living abroad can register a private company in the UK. It is not necessary to reside in the United Kingdom or to come here to create a limited company. Apart of the registered office address, the management and administration office of the private company can also be based overseas. Located at central London Baker Street, Coddan’ head office can help international customers with establishment of new companies across the United Kingdom, provision of registered address, opening of bank accounts and legalisation of documents by notary public and apostille stamp.

You do not require a local director, neither yourself should be based in the UK for the process of a limited company formation here. Personal visit is not required for the new business formation process. A director and shareholder of the British company can be resident of any country in the world.

In the case, you provide your own director and shareholder for a new private company formation; you will require providing their full names, nationalities, dates of birth, residential addresses. If a corporate shareholder to be appointed, the name and the address of the business, as well as the name of the legal representative will need to be provided.

The information about director, shareholder, a secretary (if appointed), and the person of significant control will be accessible from the open to public records of the Companies House website. The date of birth will appear in a month and year format only. If not opted for the service address, the personal address will also be visible from open records of public register.

There are no restrictions on the number of companies where person can be appointed for the position of the director/secretary/shareholder. This applies for private limited, public limited and non-for profit companies. You can register as many companies as you need.

Absolutely, you may register several private companies or as many as you is required for the purpose of your business(es).The same applies for private companies, non-for-profit entities, LLPs and limited partnerships. There are no restrictions on the number of the appointments.

If you have a website or already registered domain name, which you would like to use for your company, we can register it details as a part of your registered office address with the Companies House. If you do not have a domain name yet, you can place an order with us, and we will register a domain name for your company behalf and register it details as the part of your registered office address. Your customers and clients can do a simple name check of your company with Companies House and see details of the website, which belongs to your limited company.

Although there is no legal requirement for your company to have a seal, there may be circumstances when a seal is required. Although many contracts require only a signature, possibly witnessed, some require the authority of the attachment of the seal to the document.

Generally, any contract which must be evidenced by a Deed will require the attachment of the company seal (or, because Companies Act allows companies to dispense with the use of their seal, by being signed "as a Deed" by two directors or a director and the secretary, or, by a director and a witness).

This service guarantees that your limited company will be incorporated on the same day that your order and payment are received. In order for you to use this service, you must place your order before 1:30 p.m. (London time) on a working day, and your application form must not contain any errors or omissions.

Same-day company formation service based on Companies House's normal working hours. We cannot be responsible for delays caused due to the rejection of the application by Companies House for any reason whatsoever.

The private company registration form is extremely simple and should not take more than a few minutes to complete.

Choosing the name for your business venture is the most difficult process. Once you settled on few options, you can use our name verification device to check whether it is available or it is being utilised by another organization. If the company name is free, it can be used for a limited company registration.

Unfortunately, if the name already exists on the Companies House index, the Registrar will not allow registration of another private limited company with the same or too similar name. Make sure that you check the name for its availability before applying for a new company formation.

For a new private company incorporation, you would require to nominate at least one director and one shareholder. If minimum appointments requirements are not met, registration will not be permitted. Please bear in mind that same person can be appointed for the position of director/shareholder of a private company. Sole director/shareholder company can be registered.

At the time of the company formation, the shareholders must subscribe to a minimum of one share each. Each issued share represents the current percentage of the ownership and control of the company and entitlement for the participation in the distribution of the trading profit of the company at the end of the financial year.

The standard share capital upon a new private company formation is usually at least £1.00, but can be far greater to take account of the number of shareholders and their individual control of the company. If you choose the standard share capital option, we shall proceed on the basis that there is only one class of ordinary shares of £1.00 and they are to be fully paid up.

A private limited company can be created with the share capital that is greater than the amount it needs as initial working capital. When applying for the alternative share capital at the time of your company creation, please make sure that the value per share is not less than £1.00. If you wish to have a value per share less than £1.00 (for example 10p. or 1p.) a paper company start-up will be required and additional charge will apply.

With the standard private company establishment option, you can issue only one type of shares. However, during the completing our application form you can request to create and issue different types of shares.

Coddan drafted special memorandum and articles of association, which can be used not only in the UK; our version of the memorandum and articles of association will be very useful and accepted in other overseas countries. We do not use the Companies House' standard model of the memorandum and articles as most of others UK companies formation agents. Our version of the memorandum and articles of association is very widely drawn, and is suitable for most types of business.

If you want to have specifically drafted objects and clauses included in the memorandum and articles of association of your company, simply send them to us, and we will include them into your constitutional documents. If you request a non-standard memorandum and articles of association, the formation of your company will be delayed by between 24 and 48 hours. Please do not request a guaranteed same-day company registration if you also require a non-standard memorandum and articles of association.

We can incorporate your limited company using your own memorandum and articles of association. All you need is to complete one of our application order, and then e-mail us your own version of the memorandum and articles of association that you want to incorporate your company with. The added administration will slow the registration of your limited company, so please do not request the guaranteed same-day start-up if you are supplying your own memorandum and articles of association.

Instantaneously. From the moment that you receive confirmation that your UK company formation has been approved, you will get the certificate with your company registration number. It frequently takes about 1-4 hours.

Instantly. You may begin trading from the moment when your company assigned the registration number by the Companies Registrar. The complete new company formation process takes between 1 to 8 hours – depending on the type of your application and workload of the Registry.

No, this will not be necessary. The Registrar of companies will notify the tax office about your company incorporation. The tax office will in turn send you the letter with your unique tax reference number (UTR) and other information explain your duties as a company director.

Each year on the anniversary of your company's registration you require to submit annual return (now called a confirmation statement). Within 9 month after the end of your financial year, the annual accounts and tax return will be due for filing as well.

Companies House only charges for the filing of the confirmation statement, current fee is £13, other filings such as annual accounts, changes in the details of the directors/secretaries, registered office address are processed free of charge when filed through Companies House. Should you require assistance from an accountant with the preparation of your annual accounts and tax return, the cost is variable according to the workload and complexity of your return.

Once an application for the company registration has reached Registrar of Companies, it cannot be withdrawn or recalled. If you decided to stop the company formation process before application is submitted to the Companies house, you can cancel it. However, if the limited company was registered, but no longer needed, an application for a voluntary struck off will need to be made to the Companies House or via ourselves. Additional fee applies to dissolve your private company.

Within a week or two from your limited company's registration, the tax office will send you a welcome letter, which will contain your company's Unique Tax Reference (UTR). The letter will explain your new obligations as a business and further steps required to complete registration of your company for the corporation tax.

All private companies must register for the corporation tax once it has started trading. The corporation tax registration is done through the HMRC, and all limited companies are legally required to be registered for the corporate tax within three months of trading. Once established, the limited company will be required to file it's tax returns and pay the corporation tax due on profits generated.

The unique tax reference number, also known as the UTR number is issued by the HMRC automatically to all companies, once, the Companies House confirms its incorporation. The UTR is used to identify your private company at the tax office when filing tax returns or registering for their online services. The UTR is issued within two weeks of formation of a new company, and is sent to the registered office address of the business entity.

Construction industry scheme, also known as the CIS scheme is designed for businesses and sole traders who work for a contractor, whereby under the scheme the contractors are required to deduct 20% of your payment and pass it on to the HMRC. You can register for the scheme through the HMRC using your business name, national insurance number and the UTR number.

All limited companies registered in the Great Britain are subject to a 20% tax rate on all profits generated. If the company exceeds a taxable turnover of £83,000 it will need to apply for a VAT registration. Voluntary VAT registration also available for private companies with lower turnover. Once a company is VAT registered, it must the pay the VAT and submit quarterly VAT returns.

Personal Income tax is charged for the directors who are UK based and have the UK NI numbers receive an income above £11,000 per year, Class 2 NIC (National Insurance Contributions) of £2.80 per week is charged on earning above £5,965; and Class 4 at 9% on annual income over £8,060. All company shareholders (which are UK residents) are subject to dividend tax if their income is over £5,000. The current rate is 7.5% for basic rate tax payers; rate of 32.5% is applied to higher rate tax payers, and 3rd rate of 38.1% is applied for additional rate taxpayers.

By paying yourself a combination of salary and dividends, you are more likely to save money by setting-up a private limited company with income above £25,000.

Once your company is registered you will receive a letter from the HMRC detailing your obligations and reporting requirements. As soon as your company is established with the companies house, HMRC will register it for a corporation tax. You may also need to register for the VAT if certain conditions are met and your taxable turnover exceeds £83,000. Should you decide to set a wages for directors, you will need to register for PAY AS YOU EARN. UK based directors and shareholders will need to register for a self-assessment to declare any additional personal income.

If the companies' taxable turnover exceeds £83,000, you will need to apply for a VAT registration. Voluntary registration is available for companies with turnover is lower than specified threshold. Coddan offers assistance with the VAT registration and submission of quarterly VAT returns for UK and international clients.

Pay As You Earn (PAYE) required only if the limited company employs staff or the directors receive a salary. This scheme is used by the tax office to charge income tax and NI contributions (where applicable) for UK based employees of the company. If your employees based outside of the UK and you do not have any one who works in the United Kingdom, then, you do not need to register for the PAYE.

There is no legal obligation to hire an accountant when you form a private limited company, you can keep books by yourself and file your accounts, however it is advisable you hire a professional to file your annual accounts as it may save you money and time. Our company is offering bookkeeping and accounting solutions for our current and the new customers.

You do not need to appoint accountant after private company formation, unless your business is very complicated and requires day-to-day bookkeeping. You can engage service of an accountancy firm once a year at the end of your financial period. Coddan will be happy to assist you with preparation of your annual accounts and tax return.

Coddan offers various "package" deals which cover range of services. We also have offers suitable for those who want to establish a company with bookkeeping and accounting service. All our packages are tailored to suit any client needs.

Any limited company which is established in the UK is considered a tax resident for the purpose of the corporation tax and must file annual accounts and tax return in the UK reflecting its full financial activity. Financially active company (even which does not trade in the UK) cannot file dormant accounts.