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Incorporating in UK
Frequently Asked Questions

Incorporating in UK
Frequently Asked Questions

Can I open a UK company and bank account if I don’t live in the UK?
Yes. You do not need to be a UK resident or citizen to open a limited company in the UK. The same applies to opening a business bank account, though non-residents must meet the bank’s specific requirements.

What’s the best way to handle bookkeeping for my UK-incorporated company?
Whether you’re based in the UK or abroad, the most efficient approach is to outsource your bookkeeping to our accounting services. This allows you to focus on running your business while we manage your financial administration.

What are company registration documents?
These are official documents issued by Companies House after your company is incorporated, including:

Certificate of Incorporation
Articles of Association
Memorandum of Association
These documents should be kept at your company office, as they will be needed throughout your company’s lifetime.

What is a company registration number (CRN)?
A CRN is a unique eight-digit identifier assigned to every incorporated company. It confirms your company’s legal registration. You will need your CRN when:

Contacting Companies House
Filimg for Corporation Tax
Filing annual accounts and tax returns
Updating company details

What is a company registration certificate?
Issued by Companies House upon incorporation, this certificate includes key details such as:

Full company name
Unique registration number
Date of Incorporation

Does Star Capital & Associates incorporate my company directly with Companies House?
Yes. When you use our incorporation service, we handle all communications and filings with Companies House on your behalf. We prepare your application, manage your documents online, and submit everything to the authorities.

What are the benefits of setting up a limited liability company (LLC)?
Forming an LLC creates a separate legal entity distinct from its founders, directors, and shareholders. The company receives its own registration number, ensuring legal independence. All liabilities, debts, and responsibilities belong to the company rather than the individuals involved.

How long does it take to form a company?
Timing varies depending on your approach. Incorporating yourself may take longer, while using a professional service can take as little as 3 to 6 working hours. Once your company is active, you must file it with HMRC within 3 months. Note that Companies House operates Monday to Friday, 9 am to 5 pm.

How do I set up a Ltd company?

  1. Choose a company name and check its availability to streamline the process.
  2. Provide the following information to Companies House and HMRC:

A UK company address for official correspondence
Details of company directors (full name, date of birth, residential address)

Details of at least one shareholder

  1. Allocate shares to shareholders—commonly one share per shareholder, valued at £1 each.
  2. Prepare your company’s Memorandum and Articles of Association.

In most cases, your company can be incorporated within 24 hours.