Company Formation Pricing

Limited Company Formation (Limited by Shares)

A Limited by Shares Company, most commonly known as a Limited Company is our most popular type of UK Incorporation. This type of company is a legal entity which exist separately from its owners. As the company is a separate legal entity from the people running the company therefore, they will not be responsible for the company’s debts.

Our comprehensive packages for Limited Company formations are shown below. If any of the packages do not suit your requirements, please contact us and we can tailor make a package to suit your specific requirements.

We can provide a UK Registered Office Address for your company, if required. The Registered Office Services can be ordered during the incorporation process or as an additional service.

• Fast Online Formation
• Government Fees
• Emailed Certificate of Incorporation
• Emailed Memorandum of Association
• Emailed Articles of Association
• Emailed Share Certificate(s)
• Emailed Minutes of First Meeting

Why Register a Limited Company?

A limited company (LC) is the most popular type of company formation in the UK. It is a business structure where the directors or shareholders have their liability limited to the contributions which they have made or invested in the company. A limited company can be formed by anyone going into business to make a profit. All details are entered easily online and there is no requirement for original signatures.

Limited Company Explained

• A Limited Company is the most popular incorporation in the UK because of its simple and flexible business structure.
• This type of company is required to have a shareholder and director-the shareholders might also be known as the owners of the company.
• A limited company has shareholders who are allocated shares.
• A confirmation statement and accounts must be filed each year.
• All shares within a Limited Company must be allocated to the Shareholders.
• If one member of the company should pull out of the company, the company can still function unlike other types of companies.
• The company name is protected after registration. No other company is legally permitted to trade under the same company name in the UK.

Officers in the Company

You can register a Limited Company with just one person acting as the director and shareholder of the company. The directors are responsible for the day to day running of the company. The extent of their responsibilities are outlined in the Articles of Association.

You are able to appoint corporate officers to a Limited Company, however; you cannot just have corporate officers, an individual director must also be appointed.

You are able to appoint a secretary to a Limited Company, although a secretary is no longer a requirement.

Anticipated Timeframe

Once all company information has been submitted to the company registrar, a Limited Company formation usually takes within 3 to 24 hours (dependent on the company registrar) and is then ready to trade. Fun fact: we have, on one occasion, previously incorporated a company in a record time of just 6 minutes.

Requirements for a Limited Company formation

• The company name must end with either ‘Limited’ or ‘LTD’.
• The Registered Office Address must be located in the UK. We can supply an address if required.
• A Minimum of 1 Individual Director and 1 Shareholder must be appointed (they can be the same person.)
• The Officers can be of any nationality and reside anywhere in the world.
• Name and Address of the Director and Subscriber/Member. The directors’ and subscribers’ personal address is hidden from public record.
• The minimum Share Capital is £0.01
• There is no maximum Share Capital.
• Minimum number of shares which must be issued is 1.
• All company shares must be issued to a Shareholder

Why Use Us for Your Limited Company?

We are highly experienced in setting up Limited Companies and our UK business start-up team is committed to helping you with your formation, from start to finish.

We have the ability to form your Limited Company electronically, eliminating the need to sign and complete any paperwork.

Moreover, we have the ability to form your Limited Company electronically, eliminating the need to sign and complete any paperwork.

All details are entered online, before placing your order. Before you submit and pay for your company, you are able to review all company details you have provided. From here, you can also amend anything, if necessary. Once your company has been incorporated you will receive your Certificate of Incorporation and Share Certificate(s) confirming the existence of your company plus many other fully completed documents in your Company Register.

Our standard package includes all the documents you need legally to start trading with your company. This is quite unique as most companies charge extra for providing a company register, share certificates, minutes of the first meeting etc.

LLP Formation (Limited Liability Partnership)

A limited liability partnership, most commonly known as an LLP, has no director, secretary, shareholder or share capital. Instead, it is set up with members and designated members. These members can choose to state their contribution to the partnership when they are in the process of establishing the company. This type of company is commonly used by solicitors and accountants as each partner will have protected limited liability.

Our comprehensive packages for an LLP formation are shown below. If any of the packages do not suit your requirements, please contact us and we can tailor make a package to suit your requirements.

We can provide a UK Registered Office Address for your company, if required. The Registered Office Services can be ordered during the incorporation process or as an additional service.

• Fast Online Formation
• Government Fees
• Emailed Certificate of Incorporation
• Ready to Trade Company
• Emailed Official Company Documents
• Emailed Member Certificate(s)
• Emailed Company Register
• Emailed Minutes of First Meeting
• Printed Member Certificate(s)

The partners within the LLP do not have any responsibility for the company’s debts. The members of the LLP formation can agree between themselves how the company will be managed and how the capital will be owned, and profits shared. These arrangements can be changed simply by an agreement between the members at any time.

Why choose a LLP Registration?

• An LLP has the tax status and complete organisational flexibility of an ordinary partnership. This means it can adopt whatever internal structure it likes without requiring a Memorandum or Articles of Association, or needing to hold board or general meetings.
• Any profit-sharing, arrangements, decision-making structure and other internal rules remain private between the LLP Members
• An LLP has reduced personal responsibility for the businesses debts
• LLP`s are very flexible and there can be a number of tax advantages by choosing this type of business structure
• An LLP does not have a Memorandum or Articles of Association, therefore they can adopt their own internal structure
• Instead of Articles, an LLP  has an agreement which can be created internally within the company. We can also provide you with a draft agreement, if required

Anticipated Timeframe

An LLP is usually incorporated within 24 hours and ready to trade. As aforementioned, we have previously incorporated a company within 6 minutes, but promptness is dependent on the workload Companies House headquarters.

Requirements for a Limited Liability Partnership

For a LLP registration, you will be required to supply the following:

• The company name including the name ending of ‘Limited Liability Partnership’ or ‘LLP’
• The Registered Office Address located in the UK, we can supply an address if required
• A Minimum of 2 Members
• At least 2 of the Members must be Designated Members
• Name and Address of each Member and Designated Member

An LLP can be incorporated electronically on our system.  You will be asked to complete an online order form, before placing your order. Before you place your order, you will be able to review all the company details you have provided and amend anything if necessary. Once your company has been incorporated you will receive your Certificate of Incorporation confirming the existence of your company and many other fully completed incorporation documents.

LLP Formation (Limited Liability Partnership)

A Limited Partnership Formation is a type of partnership which is registered with the Limited Partnership Act 1907. This type of partnership requires 2 or more people, at least 1 person to act as the General Partner who has management authority and personal liability, and at least 1 person to act as the Limited Partner who is an investor and has no management authority. The General and Limited Partners must enter into the Limited Partnership by either oral or written agreement.

Why choose a Limited Partnership Registration?

• A Limited Partnership’s income is not taxed at the business level. Instead, business profit and loss are passed through to the partners for reporting on their personal tax returns
• The liability for debts that cannot be paid in a Limited Partnership is split among the partners within the company
• Limited Partnerships can generate capital investments by adding more limited partners

The Partner’s responsibilities differ as:

General Partner:

• Responsible for managing the business
• Make permanent decisions within the company
• Liable for the debts the business cannot pay

Limited Partner:

• Only liable for debts up to the amount contributed
• Cannot manage the business
• Investor of the Limited Partnership

Timescale

On average it takes around 5 working days to register a Limited Partnership

Requirements for a Limited Partnership Formation

To register a Limited Partnership, you will be required to supply the following:

• The company name including the name ending of either ‘Limited Partnership’ or ‘LP’
• Nature of Business
• The Business Address (must be located within the UK, we can supply an address if required)
• Details of how long the Partnership will be registered for
• Full Name of General Partners
• Full Name of Limited Partners
• Amount that each Limited Partner is contributing
• Cannot be incorporated electronically it must be processed by paper

Once all the relevant information has been supplied Companies House will issue a Certificate of Incorporation which will confirm that your company has been registered on the Register of Companies.

• Those registering Limited Partnerships must demonstrate that they are registered with an official anti-money laundering supervised agent, such as an accountant, lawyer, or an overseas equivalent
• The Limited Pertnership must demonstrate an ongoing link to the UK, for example by keeping its principle place of business in the UK
• All Limited Partnerships must submit a Confirmation Statement at least every 12 months to Companies House to ensure their information is accurate and up to date
• Companies House will be given powers to strike off dissolved Limited Partnerships and Limited Partnerships which are not carrying on business