How To Register A Company in The UK 🇬🇧? | Company Setup Cost in UK 🇬🇧? | Complete Guide

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If you’re planning to setup a company in uk 🇬🇧? And want to sponsoring yourself in uk 🇬🇧? Then this is the right video for you in this video I have shared complete detail how you can register your company in uk 🇬🇧? Documents required for company registration in uk ? Cost of registration company in uk ? and much more.

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How To Register A Company in The UK 🇬🇧? | Company Setup Cost in UK 🇬🇧? | Complete Guide

The 7 steps to setting up a limited company
Here are the key stages involved in forming your company.

1. Check it’s right for you
Make sure a company is the most suitable structure for your business.
2. Choose your company name
Your company name must be available (i.e. unique, and not too similar to an existing company). The name must not make false implications
3. Appoint at least one director
Your company must have at least one director (i.e. you) but can have several. Directors collectively agree decisions for the company, must follow its rules and have ultimate responsibility for filing the accounts and ensuring the company pays its corporation tax.
4. Decide who will be shareholders
A company must have at least one shareholder, who can be a director. Shares can be divided among the directors (not necessarily evenly).
5. Create your company documents
Your company must have certain documents that recognise its formation and set out how it is to be run. These are:
The memorandum of association
The articles of association
6. Confirm what records you need to keep
You will need to keep records of all significant details about the company, including its PSCs, as well as all its accounting records. Records must be kept for at least six years.
7. Register with Companies House
Finally, register your company and its official address at Companies House. Be sure to select the correct SIC code, as this specifies the nature of your business. You can register for corporation tax at the same time.
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