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Frequently Asked Questions
General
Anti Money Laundering
ID Verification
- 01Company formation is the process of legally registering a new company with Companies House. Once approved, the company is incorporated and receives its own company number and Certificate of Incorporation.
- 02A UK private limited company is a separate legal entity from the people who own and manage it. It can enter into contracts, hold assets and operate a business in its own name. The liability of shareholders is generally limited to the amount they have agreed to invest in the company.
- 03You should set up a limited company for limited liability protection, which shields your personal assets from business debts, and for increased credibility and professionalism, which can attract more clients and investors. Limited companies can also offer tax efficiencies, allow for easier funding and investment through share sales, and provide a clear structure for selling the business or taking on partners.
- 04No, you do not have to be in the UK to form a company. Non-UK residents can easily register a UK limited company online, provided they have a registered office address in the UK. This UK address is mandatory for official correspondence from Companies House and HMRC.
- 05Once your application is complete and all required checks have been satisfied, we submit it electronically to Companies House. Many straightforward applications are processed quickly within 2-3 business hours, but the final approval time is controlled by Companies House and can vary.
- 06Once Companies House approves the formation, your company documents will be made available through your online company portal. You will then be responsible for meeting the company’s ongoing filing and compliance obligations unless you purchase additional services from us.
- 07A Personal Verification Code is issued following successful Companies House identity verification and is used to confirm that an individual's identity has been verified.
- 08Anti-Fraud Protection provides additional measures designed to reduce the risk of unauthorised or fraudulent activity involving your new company and its details.
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