Question 1

How long does it take to form a company?

Accepted Answer

Most companies are formed within 3-6 working hours. In some cases, same-day formation is available for applications submitted before 3pm GMT.

Question 2

What information do I need to form a company?

Accepted Answer

You'll need: company name, registered office address, director details (name, DOB, address, nationality), shareholder details, SIC code, and share structure.

Question 3

Can I form a company as a non-UK resident?

Accepted Answer

Yes! We offer dedicated non-resident packages. There is no requirement for directors or shareholders to be UK residents.

Question 4

What is a SIC code?

Accepted Answer

SIC (Standard Industrial Classification) codes are used to classify the nature of your business. You need at least one when registering your company.

Question 5

How do I open a business bank account?

Accepted Answer

When you register your company with us, you'll be given access to a range of business banking partners. Simply choose one during the formation process.

Question 6

How does the Cash Back offer work?

Accepted Answer

When you select certain banking partners during formation, you may be eligible for cash back rewards up to £155 depending on the bank and package chosen.

Question 7

Can non-residents open UK bank accounts?

Accepted Answer

Yes, several of our banking partners offer accounts to non-UK residents. Options include Wise, WorldFirst, and Airwallex.

Question 8

When will I receive my UTR?

Accepted Answer

Your unique tax reference (UTR) number is normally received as early as 15 working days but could take up to 5-6 weeks after incorporation.

Question 9

What is a Confirmation Statement?

Accepted Answer

A confirmation statement is a document that limited companies must file at Companies House each year, confirming company information is up to date.

Question 10

Do I need to register for VAT?

Accepted Answer

VAT registration is mandatory if your taxable turnover exceeds £85,000. Below this threshold, registration is voluntary but can be beneficial.

Question 11

What happens if I don't file a confirmation statement?

Accepted Answer

Failure to file is a criminal offence. Companies House may strike off your company for non-receipt of the confirmation statement.

Question 12

What is a registered office address?

Accepted Answer

This is the official address of your company, used by Companies House for all official correspondence. It must be a physical UK address.

Question 13

How does mail forwarding work?

Accepted Answer

We scan all statutory mail received at your registered address and send digital copies to your email within 24 hours. General mail is posted to your forwarding address.

Question 14

Can I use your address as my business address?

Accepted Answer

Yes, with our Virtual Office packages you can use our London address as your registered office, service address, and business correspondence address.

Help & Advice Centre

Company Formation

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