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Business registration and support in Great Britain
Opening a business and accounts Register a company in England

Taras Miroshnychenko

Head of International Corporate Law and Fintech Practice

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miroshnychenko@prikhodko.com.ua

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Expert in fintech, crypto, and international corporate law with over 20 years of experience. Specializes in crypto licensing (VASP/CASP), iGaming business support, and international structuring, asset protection, and OSINT analytics for risk assessment and due diligence.

Register a company in England

Great Britain is known for its entrepreneurial orientation and open doors for business.

Registering a company in England can be a strategic decision for your business, regardless of its scale.

This article will cover the key aspects of registering a company in England and help you understand why it could be beneficial for you.

Why choose Great Britain for company registration?

Global reputation. The UK is known as a place with a high degree of business confidence and stability. This can help grow your brand and attract more customers.
Ease of registration. The UK has one of the easiest company registration processes in the world. This allows you to quickly start a business and start earning.
Tax benefits. The UK offers competitive tax conditions for businesses. The taxation system is transparent and attractive for entrepreneurs.
Access to the financial market. London is the financial capital of the world. Registering a company in England opens access to a wide range of financial services and investments.

Types of companies that can be incorporated in England

Personal company (Limited Liability Partnership, LLP). This type of company allows the owners to retain limited liability and jointly manage the business.
Public limited company (Public Limited Company, PLC). A PLC can remove shares for public sale and has limited liability.
Private limited company (Private Limited Company, LTD). LTD is the most common type of company in Great Britain. The owners are not personally liable for the company’s debts.

It will also be useful: Registration of an IE in Great Britain

Key steps of company registration in England

Choosing a company name. It is important to choose a unique name that meets the registration standards.
Defining the structure of the company. Select the type of company and determine how many shares will be issued.
Fill out the registration application. A special application must be submitted to Companies House – a well-known company registration body.
Creation of the company charter. The charter defines the rules of the company’s operation and the rights of shareholders.
Obtaining registration documents. After the application is approved, you will be issued a Certificate of Incorporation.
Tax registration. Company registration also requires registration for tax purposes.

How can a law firm help?

A law firm can be your reliable partner in the process of registering a company in England and provide you with a number of important services and advice to ensure the successful start of your business.

Below are the details that a law firm can provide:

Choosing the right type of company. Lawyers can help you determine which type of company best suits your needs. It can be a sole proprietorship (LLP), a public limited company (PLC), or a private limited company (LTD). They will analyze your goals and needs to help you make the right choice.
Preparation of necessary documents. Company registration in England includes the submission of various documents and applications to the relevant authorities. Lawyers are ready to provide you with all the necessary documents, including the articles of incorporation, registration statement, and other forms.
Tax consultations. A legal company can provide you with advice on optimizing taxes and minimizing the tax burden. They will help you understand your tax obligations and ensure they are fulfilled.
Support during registration. A law firm can handle the entire registration process so you can focus on other aspects of your business. They will interact with regulators on your behalf.
Protection of your interests. Lawyers ensure that your company operates within the framework of the law and complies with all regulations. They also advise on risk management and protecting your interests.
Post-registration support. After the successful registration of the company, the law firm can continue to provide support in areas such as corporate governance, tax accounting, legalization of documents, and other legal services.
Business development. Lawyers can be important consultants for the development of your business in England and in the international market. They can provide advice on financial planning, attracting investment, expanding markets, and other aspects of development.

Choosing the right law firm with years of experience in registering companies in England is essential to the successful launch of your business in this country.

Our company “Prikhodko and Partners” is ready to provide you with comprehensive support and professional advice at all stages of this process.

Final thoughts

Registering a company in England can open up unlimited opportunities for business development in this country and in the international market.

Our law firm is ready to help you every step of the way, ensuring the successful start and continued success of your business in the UK.

Calculate the cost of services

1 question

Do you need UK tax advice?

Yes

2 question

Do you need help opening a bank account for a new company?

Yes

3 question

Do you urgently need help in opening a company?

Yes

How long does company registration take?

A standard electronic application to Companies House is usually processed within 24 hours. However, preparation of the structure, identity verification, obtaining an address, tax setup and account opening require additional time.

Who needs to complete identity verification?

Directors and persons with significant control — PSCs — must complete verification. Once completed, the individual receives a Companies House personal code used to confirm the relevant corporate role. Non-residents may also complete verification, including by using a biometric passport.

Where is the best place to open an account for a UK company with a non-resident director?

Since traditional UK High-Street Banks require a physical business presence, the fastest and most efficient solution for international companies is to open accounts with electronic money institutions (EMIs). Platforms such as Wise Business, Revolut Business and Payoneer are licensed by the FCA and provide full UK and international account details for transactions.

When must a company register for VAT?

The general threshold is £90,000 of taxable turnover over the previous consecutive 12 months or expected turnover during the next 30 days. Separate rules may apply to non-resident and cross-border models, so VAT should be analysed before sales begin.

Is a company required to file reports if it has not traded?

Yes, it is mandatory. Even companies with no operating activity must annually file so-called “Dormant Accounts” with Companies House and confirm the ownership structure through a Confirmation Statement. Failure to file these documents results in substantial penalties (from £150 to £1,500) and compulsory dissolution of the company, with its assets passing to the Crown.

Successful cases on the topic: