How To Register a UK Limited Company in 17 Minutes

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Ready to register your UK company? This complete how-to guide covers everything you need to know.
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[@Simon-Misiewicz-US-UK-Taxes]

Request a call back: If you are looking for a new US or UK real estate property tax specialists contact us here: survey.zohopublic.com/zs/80zrXp

[@Rashid-N]

Thank you very much sir.

[@Simon-Misiewicz-US-UK-Taxes]

You are very welcome

[@cyea9192]

Thanks, great video! For the Alphabet share, do the model articles need to be amended in the future before the company pays a higher dividend to my spouse?

[@Simon-Misiewicz-US-UK-Taxes]

A thorough review will always be required. Glad you found the video useful.

[@fahadsaeed50]

Good 👍

[@Simon-Misiewicz-US-UK-Taxes]

Thank you 🙏

[@lyhamroad4431]

Thanks so much for making this! Super useful I will follow it while setting up a company. Which code would you use for Airbnb hosting?

[@Simon-Misiewicz-US-UK-Taxes]

SIC Code 55209: Other holiday and other short stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.

[@lyhamroad4431]

@@Simon-Misiewicz-US-UK-Taxes thank you 😊

[@Simon-Misiewicz-US-UK-Taxes]

You are welcome 🙏

[@cyrillecasoco5876]

Hi, would this be the same for Rent to Serviced Accommodation business? Thank you!

[@Simon-Misiewicz-US-UK-Taxes]

Yes indeed

[@VLN-ho1pp]

I’m about to create a LTD company to buy property for BTL. Can you advise me that when incorporating the company WHAT IS the correct wording of the model articles have been incorporated regarding a sole director

[@Simon-Misiewicz-US-UK-Taxes]

Sadly not as there is a lot of detail here. Get a professional. I do not recommend o DIY approach. I would not do it myself and have legal experts draft my companies articles

[@F.F.T]

I use Last Pass to store passwords and usernames etc

[@Simon-Misiewicz-US-UK-Taxes]

Great tip, thank you for sharing

[@sarahdamba6321]

What services do you provide.I might need here and there consultation on what I am venturing into, that's if your charges are reasonable, that will be great. Please let me know.

[@Simon-Misiewicz-US-UK-Taxes]

Please see our website for details: www.optimiseaccountants.co.uk/

[@lewismnt4967]

Thanks for the video. Me and my wife set up a limited company, each owning half the company with equal shares and same rights. When we formed the company we selected ordinary A shares and B shares ( Me 50% A shares and her 50% B shares). We didn’t make any amendments to the model articles, we just accepted it as it was on companies house. Those this mean when paying dividends each month, would we both have to receive the same amount? Or we can decide together who receives what amount. ?

[@Simon-Misiewicz-US-UK-Taxes]

As long as the shares are paid into separate bank accounts you should be fine provide that you check on Companies House that they are indeed the correct shares

[@ptt9502]

The video was great. Why do you mean by the sole director is not good??

[@Simon-Misiewicz-US-UK-Taxes]

In the event of death who would be able to run the business? Someone else would need to get a court order to become a director, which could take a long time

[@Krizz139]

Hi I'm a British national presently living in France but wishing to return back to the UK soon. Thank you for answering one of my questions which is basically to add my daughter as a shareholder too. When you set up the Company can I specify for example, 60% shareholding myself and 40% my daughter? I wish to create a Company for online e commence business selling on shopify, Etsy, amazon etc. for print on demand and digital download products, do you offer setting up this type of Company too? Thank you

[@Simon-Misiewicz-US-UK-Taxes]

We sure do and you can book this with us here: optimiseaccountantsltd.as.me/?appointmentType=35146117

[@rociotorres5877]

Thank you very much for the video

[@Simon-Misiewicz-US-UK-Taxes]

You are welcome

[@BERESTARA]

If I already have ID gateway as payee ?? Do I have to have another one?

[@Simon-Misiewicz-US-UK-Taxes]

Yes you will

[@sammy_sam_leonardo]

Thanks for the video! This is probably a silly question, but why is it not a good idea to have a single shareholder/sole director? You’re the only person I’ve seen to mention this… it would be difficult for me as I have very few family members, no children and I don’t need any others for investment etc. 😬 I’ve watched several of your videos and looked though your entire catalogue but can’t find a video primarily about this, is there a video I should watch that explains all? Thanks in advance. Have a great day.

[@Simon-Misiewicz-US-UK-Taxes]

Having a limited company with one shareholder one director as problematic if you should become unconscious. Who would be able to deal with the company affairs if you are in a coma? Nobody? Equally if you are dead who can then take care of the company? Do you have a long drawn out process through the courts or anyone of your friends or family to take control of the company

[@sammy_sam_leonardo]

@@Simon-Misiewicz-US-UK-Taxes thanks so much. My guess was incapacitation… with all the considerations and things that need addressing when starting an ltd, I’m surprised this isn’t mentioned more! Something I nearly overlooked, clearly. Thanks for all the tips and videos 👍

[@sammy_sam_leonardo]

Just had a good conversation with a solicitor… the way around the sole director/shareholder incapacitation or death is a Will, LPA and amended Model Articles to allow appointed attorney to take decisions for the director. Simply adding a shareholder requires a similar approach to sole director as the shareholder/s have given up the right of director control. And even a two director, two shareholder structure needs attention and has issues, she writes: Absent a shareholders’ agreement, provisions in the Wills and/or a Lasting Power of Attorney, unless there are provisions to the contrary in the articles of association, board meetings may not be quorate (one director not being sufficient) and a 50% shareholder cannot pass an ordinary resolution to appoint another director. Companies with two directors who are also 50/50 shareholders are known as “deadlocked” companies because one director or shareholder cannot make decisions or pass resolutions without the other’s support. It is important to have a shareholders’ agreement in place with a mechanism for breaking the deadlock, or to make provision in the Wills and Lasting Powers of Attorney for both director/shareholders to avoid deadlock leading to stalemate and the demise of the company. - All the best, Sam.

[@Simon-Misiewicz-US-UK-Taxes]

You are more than welcome 🙏

[@Simon-Misiewicz-US-UK-Taxes]

Very nice insights thank you for sharing. This will be very helpful to others 🙏

[@Simon-Misiewicz-US-UK-Taxes]

Need a buy to let mortgage? survey.zohopublic.com/zs/GuCCYx Corporation tax calculator www.optimiseaccountants.co.uk/what-is-a-uk-property-investment-company/uk-limited-company-corporation-tax-calculator/

[@mankondo2717]

Hi there, I would like to set up a weight loss & wellness company, which SIC code will I have to use please? Thanks for the reply.

[@Simon-Misiewicz-US-UK-Taxes]

You could use; 86900 Other human health activities

[@mankondo2717]

@@Simon-Misiewicz-US-UK-Taxes Thank you very much for that, you really made my day!

[@Simon-Misiewicz-US-UK-Taxes]

I am delighted that I can make someone’s day. Have a tremendous week

[@nasseralmusalhi1964]

is it possible to register LLC for non-residence UK ??

[@Simon-Misiewicz-US-UK-Taxes]

It is possible to set up a UK limited company for non-UK residents 👍

[@bonsakoi7435]

Brilliant Video, what would be the code for property maintenance repairs etc, Thank you

[@Simon-Misiewicz-US-UK-Taxes]

I am not sure I understand. Would you elaborate for me?

[@Simon-Misiewicz-US-UK-Taxes]

If you are referring to a limited company code then you do not need one for property maintenance as you would use 68209 rental property or 683 100 for property flips

[@bonsakoi7435]

@@Simon-Misiewicz-US-UK-Taxes Thank you

[@Simon-Misiewicz-US-UK-Taxes]

Always welcome 🙏

[@bonsakoi7435]

@@Simon-Misiewicz-US-UK-Taxes I've watched your video three times, & the part you explain about shares, helped me a lot. Thanks

[@nikkion2140]

How much is your fee to set Ltd up? How to contact you?

[@Simon-Misiewicz-US-UK-Taxes]

Please visit our website here www.optimiseaccountants.co.uk/what-is-a-uk-property-investment-company/

[@noimulislam6613]

Sir how much will HMRC charges for Corporation tax and what is the next process after registering for ltd and corporation tax ? I created my ltd company just for doing amazon fba.

[@Simon-Misiewicz-US-UK-Taxes]

It very much depends on how much money you make. My guess is that you are likely to face 19% corporation tax.

[@noimulislam6613]

@@Simon-Misiewicz-US-UK-Taxes After crossing 85k right?

[@noimulislam6613]

@@Simon-Misiewicz-US-UK-Taxes I registered for ltd company but they said that I also registered for Corporation tax and HMRC will contact me separately. Now for registering Corporation tax how much I need to pay now because as a new company I donot generated any revenue whatsoever

[@Simon-Misiewicz-US-UK-Taxes]

I think you are referring to VAT. Please do get some tax advice

[@noimulislam6613]

@@Simon-Misiewicz-US-UK-Taxes And does every ltd company based in uk must have a Corporation tax and what will be happened if I do not register for Corporation tax certificate? Will HMRC remove my ltd company? Because in Amazon a ltd company has to pay tax after passing 85k pound.

[@giuseppebonelli]

Can I register a UK Company also I am Italian and my residence is in Italy after the Brexit. I'd like to work in England not Italy

[@Simon-Misiewicz-US-UK-Taxes]

You can set up a UK company from anywhere in the world 🌎

[@giuseppebonelli]

​@@Simon-Misiewicz-US-UK-Taxes Do I Need of passport for register my Company or can I use my identity card? I am on UE Italy

[@Simon-Misiewicz-US-UK-Taxes]

@giuseppebonelli it might be better for you to use a specialist like us to set up the company for you. That way we can do all the necessary checks and set up a company correctly.

[@giuseppebonelli]

@@Simon-Misiewicz-US-UK-Taxes in reality I Think who Is really Easy incorporate a Company in UK ,in Italy is different, much different I'd like do by myself but I have not a passport, only identity card for this I asked if Is possibile use the identity card, on the final step when I pay during register process

[@bestymusic4845]

Thank for the video. I am trying to register my business at the minute but struggling with the process. Do you have an email I contact you on? Thanks

[@Simon-Misiewicz-US-UK-Taxes]

We can for the company for you for £795 but can’t help on a pro bono basis sadly