United Kingdom Companies are registered online at Companies House. Typically it takes 3 hours to incorporate a UK Company. The most popular type of company incorporated in the United Kingdom is a Private Company Limited by Shares.
This type of company is more usually known as a Limited Company or Ltd.
A UK limited company can be used for any commercial purpose. Private companies limited by shares are also used as holding companies and can be trading or non-trading.
We incorporate private companies limited by shares on-line within 3 working hours. Our fee to incorporate a private company limited by shares is £208.
The requirements for registration of a UK company are fairly straightforward. The company needs just one person appointed as director of the company. A company secretary and other directors are optional. You do not have to be a UK national or resident to be an officer of a UK company.
The company must also have a registered office within the United Kingdom. This is the official address of the company, it does not have to be a trading address, and the company does not have to maintain a presence at the address. We will provide you with an address to use as your registered office.
It is not a legal requirement for a UK Limited Company to have its own bank account, and in many cases it is not necessary. If however you do wish to open a bank account we can assist and advise.
For UK residents bank account opening is a very simple process, however if you are not resident in the UK it can be more difficult.
It is easy to register a UK limited company from anywhere in the world, but it is more difficult to set up a business bank account unless you live and work in the United Kingdom. There are a number of available options once your company has been incorporated.
1. Open a Bank account in your country of residence.
There is no legal requirement for a UK company to have a business bank account in the UK. You can open one in your country of residence. The bank may ask for certified or legalised (apostilled) documents. We can provide these.
3. Apply directly to UK Banks.
There are no legal restrictions that prohibit non-UK residents from opening a business account. However, most banks will not accept applications from overseas due to fraud concerns and the additional administration costs. Barclays and HSBC may consider applications, please below.