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Company Set-up

There are multiple tasks involved in setting up a limited company correctly. We can help to make this process as smooth as possible.

The Legislation

A limited company under UK law is one registered at Companies House. Once registered, a company is its own entity with its own legal rights and obligations, separate and distinct from those of its members and directors.

Directors' responsibilities

As a director of a limited company, you must:

  • Follow the company’s rules, shown in its articles of association

  • Keep company records and report changes

  • File your accounts and your Company Tax Return

  • Tell other shareholders if you might personally benefit from a transaction the company makes

  • Pay Corporation Tax

You may be fined, prosecuted or disqualified if you do not meet your responsibilities as a director.

How can we help?

  • Help with deciding if a Limited Company is right for you

  • Companies house registration

  • Selection of a business bank account

  • Registering for the required HMRC Taxes & Services

  • Selecting shareholder structure

  • Creation of Articles & Memorandum

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