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Limited Company

Limited Companies

A limited company is an organisation that you can set up to run your business. It is responsible in its own right for everything it does and its finances are separate to your personal finances.

As a limited company:

Types of company

Tax responsibilities

Every financial year, the company must:

If you’re a director of a limited company, you must:

Registering your company

You must register the company with Companies House and let HM Revenue and Customs (HMRC) know when the company starts business activities.

You will need:

Once the company is registered you’ll get a ‘Certificate of Incorporation’. This confirms the company legally exists and shows the company number and date of formation.

Below is a video regarding registering your business as a limited company.

Useful links:

Growth Hub providers – help on setting up a limited company

Gov.uk  - register for VAT

Gov.uk – details on how to set up your limited company.

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