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Coddan CPM Ltd. – Company Registration Agent in the UK
Home Corporate Services Top Tips for Starting Your Own Business

Registering Business in London, Edinburgh, Liverpool, Manchester and Belfast

Registering your business in the UK: when you start a firm in the United Kingdom, you must choose a suitable legal structure. Most businesses fall into one of three categories: sole traders, limited company, and limited liability partnerships. Once you have chosen a structure, you will need to register your association. If you have chosen to become a sole trader, you will need to register for self-assessment tax, which means that you must calculate your own tax. As a sole trader, you will be classed as self-employed, which means that you will be working for yourself.

Registering a small business involves a number of important steps if you want to get things right first time. There will always be an element of trial and error in starting up a private corporation; however, we hope this overview will guide you through the initial steps, based on the experiences of the Coddan team.


Start up your business from £24.99 (for UK based clients)

£24.99

NO HIDDEN CHARGES

Recommended for Recommended for

1
option

Forming a company limited by shares online: this is the main package for solicitors and accountants who need a straightforward company registrations for their consumers, and who are going to provide further legally required documents.

With this offer, we will send the following documents to your email:



£39.99

NO HIDDEN CHARGES

Recommended for Recommended for

2
option

Easy company formations online: this is the fast and cheap way to form a private corporation in the UK. With this offer, you will receive digital copies of all legally required documents and you will get the laminated certificate of your organisation.

This offer includes everything stated within the first option, & combines:



£82.49

NO HIDDEN CHARGES

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3
option

Cheap private company formations online: this is the fast and easy way to open a limited company in the UK. With this offer, you will receive hardbound copies of all legally required documents.

It is inclusive of all the advantages within the first two options, as well as free delivery of the following:



£89.49

NEXT YEAR FEE FROM £75.00

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4
option

This company limited by shares start up package designed to give your organisation a registered address in London, Liverpool, Manchester, or in Scotland, or in Belfast.

It includes all benefits mentioned of options one and two with the extra advantages of:





Register your business from £119.49 (for overseas clients)

£119.49

YEARLY CHARGE FROM £105.00

Recommended for Recommended for

1
option

This package is especially for non- residents, who are requiring to form a company limited by shares with a registered address in London, or in Sussex or, in Manchester.

The following items are included into this UK LTD incorporation offer:



£469.49

YEARLY CHARGE FROM £455.00

Recommended for Recommended for

2
option

This offer is especially for non-residents, who are requiring opening a company limited by shares with the legal address in London, or in Sussex or, in Manchester & with the nominee director.

This limited company formations offer includes everything in the first option, together with the advantages of:



£689.49

YEARLY FEE FROM £455.00

Recommended for Recommended for

3
option

This is our most comprehensive package with all documents verified by solicitor or notary public & certified by the apostille stamp.

This UK LTD start up offer includes everything in the third option, plus:



£1,600

NEXT INSTALLMENT £650.00

Recommended for Recommended for

4
option

With this option, we will setting up a UK trust, provide two trustees, register a private company and prepare the annual return (confirmation statement).

We added the following services into this offer:




Opening business in the UK

If you have chosen to set up a private limited company, you will need to appoint people to run your company (these individuals will be known as directors) and register your business. If you have chosen to set up a limited partnership, you will be running your firm as an individual. However, all of the partners will share the responsibility for the business. To create a partnership, you will need to register for self-assessment with HMRC, run your association as an individual yet share the profits between your partners. As a limited liability partnership, you will not be responsible for your losses.

Starting an organisation in the UK can be a challenge, particularly if you cannot decide on the best legal structure for your business. At Coddan, we will be pleased to provide you with expert advice on choosing a legal structure and registering your new enterprise. Whether you wish to register as a sole trader, limited company or limited liability partnership, we will be able to help you.

Form a private company within 1 day

Opening Business in the UK

If you're looking to set up a sole trader company, this is an exciting time for you as you embark on your new structure. However, there is a lot that goes on behind the scenes of setting up your sole trader company, and you can be forgiven for feeling a bit over whelmed. Here at Coddan, we are experts at limited companies formation, and can ensure you complete all the necessary requirements efficiently, quickly and cost effective. Whether it's help with the necessary corporate documents, providing a registered office address, or opening a bank account, we can provide everything you need to start your corporation. With a variety of packages to suit your needs, see how we can help you. If you need an assistance, you can also speak to our advisors between 9.30am-6.00pm Monday to Friday by telephoning + (0) 207.935.5171 or + (0) 330.808.0089 (national rates).

Business starting-up in UK for foreign customers

Set-Up a Company in UK

You are not alone if the thought of running your own business has crossed your mind. Even if your vision of a small business differs from your neighbours', you probably dream have being your own boss and of providing a needed service or creating a cool new product.

However, your very first small-business decision may be to admit that you are not ready for this career - at least not yet. If you are straddling the fence, Coddan will uncover whether this career works for you. You will also gain insight into getting your personal finances in order before exposing yourself to the risk of a new business, and discover how to draw a roadmap to reach your career destination.

Our experience with thousands of companies has shown us that many new business owners want the fastest and easiest route to their new limited company with no loose ends. This is exactly what you will get if you choose to incorporate a company with Coddan.

We are the professional company, which has been servicing the international community with a diverse range of top quality UK, EU, USA and offshore companies formations services for many years. We incorporate in the United Kingdom, USA, and various other offshore locations. We provide business support service (e.g. private foundations, corporate bank accounts, mail forwarding, and tax planning) for companies based in various locations worldwide.

We do not hide any fees from our customers because price transparency is essential to us. Our service fees and business filings fees are provided to our customers upfront. Our online filing makes the ordering and companies incorporation process easy and convenient, allowing you can concentrate on other areas of your business start-up procedure.

Our phones are answered during business hours by specialists, not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions.

Coddan is an industry leader in online business incorporation, document processing and small business start-up services. Our passion for client service is matched only by our desire to take on new work. If you feel we can be of assistance to you, we would be pleased to examine your needs and find the best solution for you. We offer a free initial consultation to enable you to explain your needs and to give us an opportunity to show you how we can be of assistance.

If an applicant subsequently joins the tailor-made premier service, the cost of the consultation is included in the price of the package. If you prefer not to complete our online questionnaire, you can submit your inquiry by e-mail to consultations@coddan.co.uk, with the subject: "Online Inquiry" or by post: Attn: Coddan, Corporate Division, 120 Baker Street, London, W1U 6TU, or by fax: + 44 (0) 207.681.3318.

Upon receiving the information, you will be contacted by one of the business consultant to discuss your situation. The rewards of starting up your own corporation can be great, but think carefully if you have the attributes and right sort of personality to cope with going it alone.

Setting up a small company involves a number of important steps if you want to get things right first time. There will always be an element of trial and error in starting up a firm; however, we hope this overview will guide you through the initial steps, based on the experiences of the Coddan team and our contributors.

There were 2.08 million enterprises registered for VAT and/or PAYE in March 2011, compared with 2.10 million in March 2010, a fall of nearly 20,000 (0.9 per cent). Between March 2010 and March 2011 there was a reduction in the number of sole proprietors and partnerships, while corporate businesses increased by 0.6 per cent:

a) Corporate businesses (companies and public corporations) represented 59.8 per cent of total enterprises, up 0.9 percentage points from the 58.9 per cent seen in 2010;
b) Sole proprietors represented 23.3 per cent of total enterprises, down 0.5 percentage points from 23.8 per cent in 2010;
c) Partnerships represented 12.7 per cent of total enterprises, also down 0.5 percentage points from 13.2 per cent in 2010;
d) General government and non-profit making bodies represented 4.2 per cent of total enterprises, compared with 4.1 per cent in 2010.

The professional, scientific and technical sector accounted for the largest number of businesses with 15.9 per cent of all enterprises registered. This was followed by construction with 12.6 per cent of all enterprises registered, and retail with 9.0 per cent.

The distribution of enterprises by employment size band shows that 88.8 per cent had an employment of less than 10, and 98.0 per cent had less than 50 employments. Large enterprises, those with 250 or greater employment, accounted for only 0.4 per cent of all enterprises. Analysis by age of business shows that 14.7 per cent of businesses were under two years old, and 27.7 per cent were under four years old. A further 44.5 per cent of businesses were 10 or more years old.

Between 2010 and 2011 all regions except London and Scotland saw a decrease in the number of businesses with the West Midlands and Wales experiencing the greatest decrease of 2.2 per cent each. The number of businesses in Scotland grew by 0.1 per cent.

The number of businesses in London increased by 0.9 per cent and was the region that accounted for the largest number of businesses in March 2011, with 16.1 per cent. The regions with the next largest shares of businesses were the South East and East regions at 15.8 per cent and 10.1 per cent respectively.