LS Legal News Bulletin
Online Company Registration in the UK: Your Essential Checklist
Thursday 10th August 2023
Registering your company online has revolutionised the process, saving you valuable time and effort. Luckily, the UK provides convenient services allowing you to complete your company registration from the comfort of your home.
Approximately 10% of online company registrations in the UK involved 100% foreign ownership, indicating the country's appeal to international investors and businesses.
Here's a simple and essential checklist of what you need to have to get started:
📑 Required Documents:
• Scanned copies of passports for all directors and shareholders of your future company.
• Scanned documents to confirm the residential address of each director and shareholder.
💼 Company Information:
• First and foremost, research available legal structures for business and choose the structure of your company. We recommend consulting with a tax advisor. Before registration, decide on shareholders, directors, and beneficiaries.
• Provide 2-3 potential names for your company. Multiple options will speed up availability checks and ensure you find the perfect name, even if others are already taken.
💡 Nature of Business:
• Define the activities your company will engage in. This step is crucial to research the licensing requirements for specific operations. If licensing is required, make sure to consider the associated costs.
• Consider your registered office address. If this is something you currently lack, we are pleased to offer a subscription-based service to assist you with this matter.
Online company registration can sometimes be tricky, with hidden pitfalls that vary depending on the nature and structure of your business.
Mistakes in registration forms can lead to frustrating rejections and temporary setbacks. Furthermore, errors in critical internal documents, such as articles of association, can have long-term consequences for your business.
With over a decade of experience, our law firm has been providing exceptional business registration and support services in the UK. When you choose us, you can expect a seamless and compliant company registration process that aligns with all current laws.
