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‘How Can I Register My Company?’ – A Quick Explainer

Do you have an idea for a business? Before you can start trading, you’ll need to register your business with Companies House. This will involve choosing a unique company name and formalising how your company will be run.

The good news is that you can register your company online in a few simple steps. In this article, we explain how to go about it.

 

1. Research the Benefits of Company Registration

Before registering your company, make sure to research the alternatives. If you’re a contractor, it could make more sense to bill customers as a sole trader.

Under this model, you’re in full control of your company. There are no directors, partners or shareholders to consult. And you won’t need to register with Companies House.

But there are major benefits to registering a limited company. For one thing, your personal assets will be protected if the company hits the rocks. This is what’s meant by the phrase ‘limited liability’.

Another upside to running a limited company is that it could be tax efficient. For many business owners, it’s possible to pay much less in tax by drawing a small taxable income and supplementing that with dividends from the company profits.

Not sure whether company registration is right for you? Give one of our company formation experts a call on 020 7129 8651 (or click ‘feedback’ on the sidebar), Mon-Fri, 9.00-5.30, for some free advice.

 

2. Pick a Name for Your Company

Make sure to pick a company name that hasn’t been used before. One way is to include the location of your business (i.e. ‘South Leeds Roofers and Joiners’).

Here are some tips for choosing a unique and effective company name:

  • Research the market that you’ll be operating in – the names of your competitors should provide inspiration when choosing your own.
  • Avoid company names that are hard to spell – and make sure it rolls easily off the tongue.
  • Keep the name short – a punchy company name will be easier to remember and it will look better on marketing material.
  • Pick a name that’s meaningful – your company name will be the first thing people learn about your business, so does it explain what you do?

 

3. Register with Companies House

Before setting up a limited company, you’ll need to register it with Companies House. (This is known as ‘incorporation’.) They’ll want to know:

  • what your company is called
  • the names of the company directors
  • the business address

You’ll also need to submit a memorandum and articles of association. These are legal statements signed by the directors and shareholders of the company that spell out how it will be run.

Once you have all the information you need, you can register your limited company online with Companies House. With our company formation packages, you can register your limited company quickly and simply. There are four packages to choose from:

  • E-Formation (£9.99): perfect if you want to secure a company name and don’t need any official printed documents.
  • Essential (£19.99): offers you complete confidence that you’re starting a company with the rules and regulations covered.
  • Entrepreneur (£59.99): kick-start your next big venture with official compliance and additional documents of incorporation.
  • Super (£89.99): the complete secretarial and compliance package to establish your company on a robust footing.

Best of all, when you sign up for one of our company formation packages, we pay the £12 Companies House filing fee for you!

 

4. Set Up a Business Bank Account

To keep your personal and business finances separate, you should give your new company a bank account.

Take some time to shop around to see which banks offer perks for small business owners.

If you don’t have time to shop around, we can save you the hassle and help you set up a business bank account. We have a special relationship with Barclays which means you’ll get a range of great benefits with a Barclays Bank Business Account for Start-ups:

• Free business banking for 12 months (terms and conditions apply)
• Loyalty rewards – the longer you bank, the more money you get back
• Support and guidance from the Barclays Business Banking telephone team
• Manage your account online, by phone, via the Barclays Mobile Banking app or in branch

Find out more and sign up today

 

Register your own business from £9.99

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Who are we?


Real People

Our fantastic customer support team have lots of experience forming companies. They're happy to help whether you need advice before, during or after the process.

Competitive Prices

Our prices are lower than most because unlike some agents, we’re able to cut out the middle-men and do most of the work ourselves from our office in Old Street.

Options To Suit You

Every business is different, and we want to make sure you get exactly what you need. Choose the package you want and select any helpful products and services you'll need along the way.

Our formation packages

E-Formation
  • ____
  • £9.99
  • Our E-Formation package is perfect if you want to secure a company name or establish a dormant company and require no official printed documents.

  • ____
Essential
  • ____
  • £19.99
  • Essential Formation offers you complete confidence that you’re starting a company with the rules and regulations covered.

  • ____
Entrepreneur
image
  • ____
  • £59.99
  • Our Entrepreneur package offers you all the advantages of quick and easy formation, with all the paperwork you need to set up as a limited company.

  • ____
Super
  • ____
  • £89.99
  • Our Super Formation Package has everything and is the perfect way to set up your company with speed, ease and confidence.

  • ____

No hidden extras, just simple online process.

Register your own company from £9.99

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