How to Register a Company in London?

London has been the Centre of attention for numerous reasons. These include the historical and tourism aspects of the city. However, the increased potential in the business field has earned it an important place on the lists of entrepreneurs. More and more people want to start a business in London. If you are one of those, you are at the right place with Liscard Business Centre.  The article will cover important details about establishing a company in London and answer the question of How to Register a Company in London?

How to Register a Company in London?

The Registration process for a Company is pretty much the same everywhere in England. Basically, you have to register your Company or a business with Companies House UK.

Here are the basic steps that you need to follow to establish a Company in the UK.

Select a Business Structure

You make the decision about the structure of your business. The majority of entrepreneurs choose to form a ‘private corporation limited by shares.’ It’s commonly referred to as a limited company.

This business structure might help you manage your taxes effectively. As a corporate director, for example, you can take a portion of your income from company dividends and pay less income tax.

Another advantage is that if the firm goes bankrupt, your personal assets, such as your home and vehicle, should be safe. This is what the concept ‘limited liability means.

Registering the Company Name:

Your Company Name should be something that defines you. Here are some highly advantageous tips for choosing the Company Name

• Investigate the market you’ll be working in – the names of your competitors’ businesses should serve as inspiration for your own.
• Choose a meaningful name – your company name will be the first thing people discover about your firm, so does it accurately describe what you do?
• Keep it brief – a memorable company name is easy to remember and looks better on marketing materials.
• Avoid difficult-to-spell corporate names, and make sure they are easy to pronounce.

Fill in your company’s details.

When you register a corporation in the United Kingdom, much of the information you supply will be made public. Companies House will require the following information:

Office Address

Companies House and HMRC will send letters to your registered office address. For a company to be based in London, the address should be in London, and the firm directors must be reachable at the address.

Directors

Firstly, you must have at least one director to register your business. Also, there could be more than one director, as well. Moreover, their full names, exact dates of birth, and residence address will be required by Companies House.

Shareholders and their whereabouts:

Every corporation must have at least one shareholder, who may or may not be the same as the director.

With these details, you can register your Company in London. For further help and details, you may reach out to Liscard Business Centre.

Liscard Business Centre

Liscard Business Centre is a company formation service that offers different packages for company formation in the UK. If you want to register your businesses anywhere in the UK (that includes England, Scotland, Wales, and Northern Ireland), Liscard Business Centre would be pleased to help. We can help you in forming your companies in much shorter periods of time while also saving you considerable sums of money.

Registration, Documents Verification, Banking Details, Statements of Association, and Official Addresses are all managed by Liscard Business Centre.

Contact now!