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Reminders for Directors

  • One person can form a Ltd company.
  • Directors are to provide service address to Companies House for public record instead of residential address.
  • Service address can be the company registered office or other address as long as mails from Companies House can reach the directors.

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UK Tax Authority - HM Revenue and Customs

  • Companies are required to register for VAT if annual sales exceeded £68,000.
  • Companies are required to register for PAYE if directors are drawing salaries and maintain payroll records.
  • HM Revenue and Customs will issue £100 penalty if companies failed to file corporation tax returns on time.
 
Business Quiz - See what your score
1. You must issue a full VAT invoice when you sell goods or services for
 
GBP 300 and more
GBP 250 and more
GBP200 and more
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Register a limited company

 

If you wish to do business using a limited company, you must register your company with the Registrar of Companies which also well known as Companies House.

Once your business is registered, it is a corporate body of which it is legal entity by itself. This means the business assets are separate from your personal assets by law. Your liability to the business is limited to the capital invested in the shares of the company.

There are different types of limited companies. You can handle the registration process yourself but it is a good idea to seek professional advice before you do so to ensure that incorporation is correctly done.

Forming a company through accountant is easing you from having to do time consuming research. All you need to provide to your accountants are the details of directors, shareholders, share structure and registered office address. Your accountant will take care of the registration documents and forms for you.

Canterbury Accountancy - information for business startups

 
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London Registered Office for Ltd Companies

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