UK Company Formation: Complete Guide 2026

What is UK Company Formation?

UK company formation is registering a new business entity with Companies House. Most popular:

Limited Company (Ltd)

2026 Statistics:

– 800,000+ new companies registered annually

– 24-hour formation time (standard)

– £50 government fee + service charges

Types of UK Companies

1. Private Limited Company (Ltd)

Best for: Most small businesses

– Limited liability protection

– Can have 1+ shareholders

– Must file annual accounts

Cost: £50 + service fees

2. Public Limited Company (PLC)

Best for: Large businesses seeking investment

– Can offer shares publicly

– Minimum £50,000 share capital

– Strict compliance requirements

3. Limited Liability Partnership (LLP)

Best for: Professional partnerships

– Partners have limited liability

– Flexible profit sharing

– Each partner files own tax return

Step-by-Step Formation Process

Step 1: Choose Company Name ✅  

– Check availability at Companies House

– Avoid restricted words

– Must end with “Limited” or “Ltd”

Step 2: Appoint Directors & Shareholders**

– Minimum 1 director (age 16+)

– Minimum 1 shareholder (can be same person)

– Collect personal details

Step 3: Register Office Address**

– Must be UK physical address

– Appears on public register

– Can use virtual office

Step 4: Create Articles of Association

– Company rules/constitution

– Model articles available free

– Can customize for your needs

Step 5: Complete Companies House Form

– Form IN01

– Submit online or by post

– Pay £50 filing fee

Step 6: Receive Certificate

– Issued within 24 hours (online)

– Company number assigned

– Can start trading immediately

Costs Breakdown 2026

| Item | Cost |

|——|——|

| Companies House Fee | £50 |

| Same-Day Service (optional) | +£30 |

| Registered Office (annual) | £40-£150 |

| Service Address (optional) | £30-£100 |

| **DIY Total** | **£50** |

| **With Services** | **£90-£330** |

Required Information

For Each Director:

– Full name, DOB

– Nationality

– Occupation

– Residential address

– Service address

For Company:

– Company name

– Registered office address

– SIC code (business activity)

– Share capital amount

– Shareholder details

Timeline

– Name check: Instant

– Application prep: 30 mins – 2 hours

– Companies House: 24 hours (online)

– Certificate delivery: Email (instant) or Post (5 days)

Total: Same day to 5 days

After Registration

✅ Open business bank account  

✅ Register for Corporation Tax (within 3 months)  

✅ Set up accounting system  

✅ Register for VAT (if turnover >£85,000)  

✅ Get business insurance  

✅ Register as employer (if hiring)

Common Questions

Q: Can I register with £1 share capital?

A: Yes. Minimum is £1.

Q: Do I need an accountant?

A: Not required, but highly recommended.

Q: Can I change my company name later?

A: Yes, for £10 fee.

Q: What’s SIC code?  

A: Standard Industrial Classification – describes your business activity.

Register Your Company Today

[Check Name Availability](#) | [View Packages](#) | [Start Now](#)

Packages:

– Basic: £14.99

– Standard: £49.99 (Most Popular)

– Premium: £96.00

All include Companies House filing, registered office & support.

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