Company Formation

Setting Up a Limited Company

As accounting experts, we are more than qualified to assist you with forming your limited company.

Forming a company has to be done in accordance with strict Companies House requirements and it may be a new experience for you. Thankfully the Muhit & Co Accounting team based in Whitechapel, Central London have done these thousands of times and can assist you every step of the way.

Before you start our formation process you will need to pick a unique company name. Followed by a quick search in the existing Companies House registration database, our expert accountants can form a company for you within hours.

Our experienced accountants can also register your new domain and set up your company email address for you to start communicating using your new business identity straightway. We can also assist you with opening your new business bank account, once again usually on the same day.

For a fixed fee, we will deal with all the requirements for you, so that you will have a company formed to your own specification and ready to set up a bank account and start trading.

  • Registration of your company with Companies House
  • Certificate of incorporation
  • Share certificates
  • Business bank account application
  • VAT registration
  • Memorandum and articles of association
  • VAT flat rate scheme registration
  • Domain registration and email account setup under new company
  • Assistance with opening a business bank account
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Does a company have to issue shares?

Yes, if it is a company limited by shares. All companies limited by shares must have at least one share issued to one shareholder at the time of incorporation. There must be at least one person or legal entity that owns the company.

What is a Person of Significant Control?

When forming a company you have to provide details of any people that have control over the company. This includes shareholders with 25% of shares or more or anyone with significant influence or control over the company.

Should I use LTD or LIMITED?

There is no legal difference in choosing one over the other. It’s entirely down to your preference.

When will I get my company documents?

Your company documents will be available as soon as your company is registered at Companies House. This is typically within just a few hours. These include issuing you with:

  • Certificate of incorporation
  • Share certificates

Can my trading name be different than my company name?

You can use a different trading name as opposed to your actual company name registered with the Companies House. However, by law, you are required to communicate this on all your marketing materials, invoices etc.

Example:
You can trade with your brand name (XYZ Cothing) whilst your registered company name is ABC Limited. However, all your communication with your stakeholders must mention this. (XYZ Clothing is a trading name for ABC Limited)

How can I protect my company name?

Registering a company name at Companies House will prevent other businesses from registering the same name. You also might want to look at trademarking your brand name, so others cannot profit from using similar trade names.

Can I choose any name I like for my company?

Generally, yes. However, there are some limitations on the name that can be chosen, whilst many company names are freely available, others are protected. If your company name contains a sensitive word or expression you may need to add supporting data to the application.

Can I change my company name after incorporation?

Yes, a company name can be changed any time after the incorporation.

How long does it take to form a company?

Companies are normally registered in approximately 3 to 8 working hours.

Muhit & Co accountants are a leading accounting firm in London

Experts Accountants for Small & Medium Businesses in Whitechapel, Brick Lane London.

Muhit & Co Certified chartered accountants is a widely-established firm which has a network that spreads across London with an office located at Whitechapel in Central London . The firm has been established since 2004 with a team of qualified accountants and tax specialists who have various industrial experience. We work with a large number of local businesses, sole traders and Individuals helping them achieve their goals through our pro-active and informative service.
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