A UK company name must be completely unique, once registered your chosen company name is protected from being used by others. The company name may be in any language, although there are restrictions on the use of certain words such as ‘Royal’ and ‘Government’. Formacompany can conduct a company name check to ensure your chosen name is available and in compliance with Companies House.
It is a requirement that the company has an address in England which we will supply if required.
Only one director is required for a limited company this must be an individual. If there are two or more directors this can consist of a corporate entity plus an individual.
Only one shareholder is required for a UK company.
It is no longer a legal requirement to have a company secretary however we do offer a service to those unsure of the UK filing requirements.
There is no minimum share capital, although companies are generally incorporated with 100 issued ordinary shares, with a value of GBP 1 per share.
Once all information and proof of identity have been received, the incorporation process is complete within one day.
UK Company Formation – £80
Company Administration & Registered Office- £220
A UK company must file a Confirmation Statement every year, along with preparing and filing annual financial statements. Our corporate administration service can assist with this.
Proof of Identity
As part of our due diligence, we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
Visiting the UK is not required in order to incorporate a company.
UK Limited Company (Ltd) Formation
A UK Limited Company is a legal entity that is separate and distinct from the individuals who run it. For sole traders and for people in partnerships, the individuals’ personal assets are at risk if there is a claim against the organisation but shareholders in a limited company are liable to lose only the value of the share capital to which they subscribe.
The UK is one of the easiest and most flexible jurisdictions for incorporating a company; we can usually complete the entire incorporation process within a day and there is no requirement to visit the UK.