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Ridgefield Consulting's Accounting Advice

Step by step on how to set up your own limited company in the UK

December 23, 2023 Ridgefield Consulting
Step by step on how to set up your own limited company in the UK
Ridgefield Consulting's Accounting Advice
Chapters
0:55
What is a limited company?
1:39
What are the advantages of running a business as a limited company?
4:03
What are the disadvantages of running a business as a limited company?
5:41
Do I need to hire a solicitor to set up a limited company?
6:16
Do I need to hire an accountant to set up a limited company?
6:58
Should I use a company formation agent for setting up a UK limited company?
7:31
Can I set up a new limited company by myself?
8:06
How much does it cost to set up a limited company in the UK?
8:31
How long does it take to set up a limited company in the UK?
9:24
Step by step on how to set up a limited company in the UK
9:40
Step 1. Decide on a company name
10:20
Step 2. Have at least one director who will be responsible for the company
10:51
Step 3. Appoint a company secretary if you would like to
11:46
Step 4. Determine your share capital and shareholders
13:02
Step 5. Collate your company documents
13:56
Step 6. Register with Companies House
14:19
What happens after I register my new limited company with Companies House?
14:50
What else needs to be done when I’ve set up a limited company?
16:55
What if I don’t want to run my limited company anymore?
17:42
Get help with setting up a new limited company in the UK
More Info
Ridgefield Consulting's Accounting Advice
Step by step on how to set up your own limited company in the UK
Dec 23, 2023
Ridgefield Consulting

For any aspiring entrepreneurs, listen to this episode for a step by step guide on everything you need to know on how to set up your own limited company. Ellie will go through the different options available to you as well as share essential need-to-know information for before you get started.

Access the full article which is regularly updated here: https://www.ridgefieldconsulting.co.uk/tax-guides/how-to-set-up-your-own-limited-company/

For more content like this, visit the 'Tax Guides' page on our website: https://www.ridgefieldconsulting.co.uk/tax-guides/

Sign up to our email newsletter for the latest tax and accounting articles: https://www.ridgefieldconsulting.co.uk/#newsletter

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Show Notes Chapter Markers

For any aspiring entrepreneurs, listen to this episode for a step by step guide on everything you need to know on how to set up your own limited company. Ellie will go through the different options available to you as well as share essential need-to-know information for before you get started.

Access the full article which is regularly updated here: https://www.ridgefieldconsulting.co.uk/tax-guides/how-to-set-up-your-own-limited-company/

For more content like this, visit the 'Tax Guides' page on our website: https://www.ridgefieldconsulting.co.uk/tax-guides/

Sign up to our email newsletter for the latest tax and accounting articles: https://www.ridgefieldconsulting.co.uk/#newsletter

0:55
What is a limited company?
1:39
What are the advantages of running a business as a limited company?
4:03
What are the disadvantages of running a business as a limited company?
5:41
Do I need to hire a solicitor to set up a limited company?
6:16
Do I need to hire an accountant to set up a limited company?
6:58
Should I use a company formation agent for setting up a UK limited company?
7:31
Can I set up a new limited company by myself?
8:06
How much does it cost to set up a limited company in the UK?
8:31
How long does it take to set up a limited company in the UK?
9:24
Step by step on how to set up a limited company in the UK
9:40
Step 1. Decide on a company name
10:20
Step 2. Have at least one director who will be responsible for the company
10:51
Step 3. Appoint a company secretary if you would like to
11:46
Step 4. Determine your share capital and shareholders
13:02
Step 5. Collate your company documents
13:56
Step 6. Register with Companies House
14:19
What happens after I register my new limited company with Companies House?
14:50
What else needs to be done when I’ve set up a limited company?
16:55
What if I don’t want to run my limited company anymore?
17:42
Get help with setting up a new limited company in the UK