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Can I start a limited company?

The process of setting up a limited company is known as incorporation. You can incorporate a company whether you’re brand new to business, or if you already operate as a sole trader or partnership and want to turn your existing business into a company.

Can one person start a limited company by themselves?

Yes, you can! Lots of people choose to go into business by themselves, and find operating as a limited company is the most tax efficient structure for their needs. Even as a sole director of the business, your company is considered a separate legal entity, which affects what you will be liable for as an individual.

Our guide explains who can start a limited company, and goes into more detail about the incorporation process to help you get started.


How do I incorporate a limited company?

The process for forming a new limited company is fairly straightforward, and involves registering at Companies House. Our video guide explains what you can expect from the incorporation process, how long it can take, and the documents you should prepare to set up your company.

If you need more help, chat to one of the team, or learn more about our online accountant services for limited companies.

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The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

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VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

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