Set up a limited company in the UK
The private limited company (Ltd) is the most popular structure for growing businesses in the UK: it is a separate legal entity, limits your liability and makes it easy to bring in co-founders and investors. You incorporate it online with Companies House – no notary required.
Requirements and share capital
You need at least one director (a natural person aged 16 or over), at least one shareholder, a company name, a registered office address in the part of the UK where the company is registered (England and Wales, Scotland or Northern Ireland), a registered email address and a statement of capital. There is no minimum share capital: many companies start with one share of £1.
Since 18 November 2025, every new director and person with significant control (PSC) must verify their identity with Companies House before incorporation – free online via GOV.UK One Login, or through an authorised corporate service provider.
The incorporation steps in the right order
Check the name, verify identities, decide on the shareholdings and adopt articles of association (usually the model articles), then file the application online with Companies House. The fee is £100 (since 1 February 2026). Online applications are usually processed within 24 hours, and you receive the certificate of incorporation with your company number.
After incorporation – and faster with planix
Then you register the company for Corporation Tax within three months of starting to do business, open a business bank account, register for VAT if your taxable turnover exceeds £90,000 and set up PAYE before the first payday if you employ staff – including yourself as a director. planix guides you through every step and has your documents ready.
Frequently asked questions
How much capital do I need for a limited company?
There is no legal minimum. A share capital of £1 is enough to incorporate. Plan enough money to run the business, though – banks and suppliers look at your funding, not your share capital.
Do I need a solicitor or notary to set up a limited company?
No. You can incorporate online with Companies House yourself. A solicitor or formation agent is optional – useful if you have several shareholders and want a shareholders’ agreement or tailored articles.
Can I set up a limited company on my own?
Yes. One person can be the sole director and sole shareholder. That person must verify their identity with Companies House and is recorded as the person with significant control.
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