Select a package
We have created company formation packages to suit
our customers' different needs and budgets.
Need help to form your company? Call our team of
experts and we will complete your order by telephone.
020 7871 9990
Your new company name:
Private company limited by shares
This is the most popular type of company structure in the UK. If you want to set up a business with the object of making a profit -this is the one for you.
£49.99
£19.99
£15.99
£12.99
Compare our limited
company packages and prices.
Buy Package
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Private Limited Company
Private Limited Company in 3 to 6 Working Hours
Your new company will usually be formed within 3 to 6 working hours; however, this timescale is subject to Companies House workload and it may take longer.
If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
A limited company is a separate legal entity from its owners, so your personal assets will be protected by the limited financial liability status of the new company.
Companies House
£12.00 Filing Fee
Companies House Filing Fee of £12.00 Included
Companies House charge a £12.00 fee for the incorporation of your company. This cost is included in all of our packages. So the price you see is what you pay.
FREE Business
Bank Account
Free Business Bank Account (Optional)
Add a business bank account to one of our packages and get up to 18 months’ of free business banking.
Complete a simple online application form for your chosen bank and we will prepare your application and send it directly to your bank, as part of your order. Below is a list of our current banking partners:
Barclays
12 months’ free business banking. Your bank account will be opened within 5 working days.
TSB
Your business bank account will be set up within 5 working days from this high street bank.
Mettle (by Natwest)
An online business bank account which allows customers to add receipts to transactions and create invoices with company logos via their App. Your account can be opened within minutes.
Cashplus
An online business bank account with no credit checks. Once opened, you’ll be sent your unique Account Number and Sort Code by email, and your Mastercard Business card will arrive within 5 working days.
Revolut
Benefit from built-in budgeting via their business account App. Your bank account will be opened within minutes.
Countingup
An online banking solution which categorises your income and expenses automatically via their App. Your contactless bank card will be sent once you activate your account.
Please note: This offer is only available to companies with UK resident directors and shareholders. Companies with overseas or nominee directors and shareholders are not eligible for this offer.
Digital Certificate
of Incorporation
Digital Certificate of Incorporation
A digital (PDF) version of the Certificate of Incorporation, delivered to you by email. This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate.
Information included in this document:
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
Digital Memorandum &
Articles of Association
Digital (PDF) Memorandum & Articles of Association
A digital version of the memorandum & articles of association, delivered to you by email. These documents form a company’s constitution and are the main documents required to incorporate a company under the Companies Act 2006.
This memorandum of association states the intention of the subscribers to form a company, become a member of that company and agree to take at least one share each.
The articles of association sets out the rules on how the company should be governed. It also details the rights and responsibilities of its directors and owners.
Digital Share
Certificate(s)
Digital (PDF) Share Certificate(s)
A digital version of your share certificate(s), which is a legal document certifying ownership of shares within a limited company. A share certificate includes the following information:
- Certificate number.
- Company name.
- Company registration number.
- Name and address of the shareholder.
- Issue date of share(s).
- Number of shares.
- The class of the share.
- The nominal value of each share.
Digital Company Register
with First Entries
Digital (PDF) Company Register with first entries
A digital version of your company's statutory registers, with the first entries completed at the date of incorporation. Our Company Register contains the following documents:
- Register of Applications and Allotments.
- Register of Members and Share Ledger.
- Register of Transfers.
- Register of Mortgages and Charges.
- Register of Debentures.
- Register of Sealings or Executions.
- Register of Directors.
- Register of PSC's
- Share Certificate(s).
Digital Minutes of First
Board Meeting
Digital Minutes of First Board Meeting
A digital (PDF) version of the minutes of your company's initial board meeting, where the first resolutions for your company were passed.
Legal Contracts and
Notices Package
Legal Contracts and Notices Package
An invaluable resource for new businesses, this package will save both time and money when it comes to gathering all of the legal documents you need for a functioning business. The legal contracts and notices package provides standard formatted versions of all the legal documents you will need, including:
- Sales and Service Contracts.
- Employment Contracts.
- Health and Safety (policies, statements and assessments).
- Website Notices (Terms of Use, Privacy Policy, Cookies Policy).
- And more….
Printed Certificate
of Incorporation
Printed Certificate of Incorporation
This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate. We recommend having a printed version of this original document for display purposes, and another copy available for use with banks or other institutions.
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
Printed Memorandum &
Articles of Association
Printed Memorandum
& Articles of Association
A printed version of the memorandum & articles of association, delivered to you by post. These documents form a company’s constitution and are the main documents required to incorporate a company under the Companies Act 2006.
This memorandum of association states the intention of the subscribers to form a company, become a member of that company and agree to take at least one share each.
The articles of association sets out the rules on how the company should be governed. It also details the rights and responsibilities of its directors and owners.
Given the importance of this document, it is advisable to have a printed copy.
Printed Minutes of First
Board Meeting
Printed Minutes of First Board Meeting
A printed version of your company's initial board meeting minutes, showing the first resolutions passed for your company. This is an important document and we recommend a printed version should be kept with your other formation documents.
Printed Share
Certificate(s)
Printed Share Certificate(s)
A printed version of your original share certificate(s), proving ownership of shares within a limited company. A share certificate includes the following information:
- Certificate number.
- Company name.
- Company registration number.
- Name and address of the shareholder.
- Issue date of share(s).
- Number of shares.
- The class of the share.
- The nominal value of each share.
VAT
Registration
VAT Registration
If you need or want to have your company registered for VAT, we will take care of the formalities and process the application on your behalf.
Companies register for VAT due to the following reasons:
- Turnover is expected to exceed £85,000 in the next 12 months. It is therefore a legal requirement to register for VAT, unless the supplies are exempt.
- If turnover is expected to be less than £85,000 but the company wants to register voluntarily.
The VAT registration process explained
As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your VAT registration application with HMRC.
We will then apply for your VAT registration online. This process can take up to 30 days.
Once your VAT registration has been approved, we will send your VAT Registration Number to you by email. Your VAT Registration Certificate will be sent to you by post by HMRC.
PAYE
Registration
PAYE Registration
If you would like to pay yourself as a director of the company, or you have employees or other directors who will be taking a salary from your company, it is a legal requirement to register for PAYE with HMRC.
Failure to register for PAYE promptly can result in penalties.
Avoid potential complications by allowing our highly trained staff to take care of the registration on your behalf.
The PAYE registration process explained
As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your PAYE registration application with HMRC.
We will then apply for your PAYE registration online. This process normally takes around 3 weeks and all of your PAYE information will be sent to you by post directly from HMRC.
If your first payday is less than 3 weeks away, do not be concerned. You should process your salary or salaries on the date of your first payday, and complete your PAYE return when you receive your registration information from HMRC. If your first filing is late, HMRC will take into account the timing of your registration, so there should be no issues arising from this filing.
Confirmation Statement
Confirmation Statement (Preparation & Filing)
Previously known as the Annual Return
It is a legal requirement to submit a Confirmation Statement to Companies House at least once each year, keeping them informed and up-to-date with your latest company details. The Confirmation Statement is basically a snapshot of general information about your company on the date of filing the Statement. It includes details of the company’s principal business activity, directors (and company secretary if applicable), the registered office, share capital, shareholdings and people with significant control. An experienced member of our staff will prepare and submit your Confirmation Statement to Companies House before the due date, ensuring this will be done on time and with total accuracy.
The Confirmation Statement should not be confused with the annual accounts, which are financial documents, usually prepared by an accountant.
Please note: This service is renewable every 12 months and does not include disbursements. Notice will always be given in advance of your renewal date and you will be able to cancel the service.
Free Admin Portal to
Manage your Companies
Free Admin Portal to Manage your Companies
You can easily make changes to your companies using our free Online Admin Portal, saving money on expensive accountants’ fees in the process. Some of the key features of the Admin Portal include:
- Receive reminder emails of key dates and avoid late filing penalties.
- Manage your companies online by filing Confirmation Statements (prev. the Annual Return) and making changes to the officers, addresses, and accounting dates.
- Form a new company without the need to re-enter the same information each time.
- Import an existing company to allow you to manage it and make changes free of charge.
- View and download your digital company documents - wherever you may be.
- Purchase additional services and products.
- View your payment and invoice history, and renew services.
Free Support for the Life
of your Company
Free Support for the Life of your Company
At Rapid Formations, we are available to answer any questions by telephone, email or live webchat during all stages of the registration process. Not only that, but you can feel free to consult with us even after your company is registered. We are here to help at any stage during the lifetime of your company.
Free .com or .co.uk
Domain Name
FREE .com or .co.uk Domain Name
We have partnered with Names.co.uk, one of the UK’s leading domain name providers, to offer you a free .com or .co.uk website domain name for 1 year, and help establish the online presence of your new business.
How it works: As soon as your registration is approved by Companies House, we will send you an order fulfilled email, which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or.co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days, so take advantage of the offer and get your .com or.co.uk domain name now.
Please note: The price of a .com or co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.
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£12.99
£15.99
£19.99
£49.99
Frequently asked questions
Are the package costs one-off, or annual charges?
They are one-off charges, and there are no extra costs payable to form a limited company or LLP.
If you purchase the All Inclusive Package, it includes the preparation and filing of your company’s first confirmation statement (previously known as the annual return), and you may wish to renew this service for year 2 at a cost of £34.99 plus VAT. Alternatively, you can use the customer area on our website to prepare and file your Confirmation Statement, and you will only be charged the Companies House filing fee of £13.00.
Do I need more than one person to form a limited company?
No, only one person is required. Although all limited companies require at least one director and one shareholder, it is common for one person to perform both roles.
Can I open a bank account in the UK if I don’t live there?
Our relationship with our banking partner TransferWise provides our non-UK resident customers with the facility to open a business bank account.
The application process is online and does not involve the requirement for hardcopy document or a visit to the UK to open an account.
Please have a look at our blog on the subject: Business bank accounts for non-UK residents.
Do I need an accountant?
We recommend the assistance of an accountant with your company’s annual accounts and annual tax return, which will be due for filing (at Companies House and HMRC) 9 months after the end of your first financial year.
We would also recommend an accountant sets up your financial record-keeping and you obtain advice on how to take money out of your limited company.
Rapid Formations provides a free consultation with an accountant - either at one of their offices, or via Skype - where you will be introduced to the accountant's services and you will also have the opportunity to obtain some free tax and accounting advice.
Why do I need to pay for postage with the business address service?
When you purchase our business address service, you are buying the right to use our address as your trading / business address and publish it on your letterheads, invoices and website. We will also receive and log your mail onto our system and send you an acknowledgement that your mail has been forwarded to you.
Unlike our service address and registered office services, we do not include the free forwarding of business mail to you, as we are unable to assess just how much mail each client will receive, and therefore require charging the cost of the Royal Mail postage plus a 15% handling fee for mail forwarding.
If I buy a registered office address, does this cover all of my mail?
The registered office address can only be used for official government mail from Companies House and HMRC. If you also wish to use our address for general business mail, you should purchase the business address service.
Do I need to register my company for VAT?
You do not need to register for VAT until your annual turnover exceeds the VAT threshold, which from 1st April 2019, is £85,000. You can, of course, decide to register for VAT on a voluntary basis if your turnover is less than the threshold figure. As a VAT registered company, you can reclaim VAT paid on all goods and services purchased by the company.
For further reading on VAT consult the Rapid Formations blog: Do I need to register my limited company for VAT?
How do I reserve a company name?
There is only one way to reserve a company name at Companies House, and that is to actually form a limited company. No facility exists to simply reserve a company name without forming a company. If you wish to reserve a company name for future use, you should let HMRC know that your company is dormant.
Consequently, HMRC will not expect a tax return to be filed, and you will only be liable to file inexpensive 'dormant accounts' instead of annual accounts. For further reading on dormant companies, have a look at our blog: A guide to dormant companies.
What type of company do I need?
Limited by shares companies: The vast majority of companies are formed with the objective of making a profit for their shareholders, and a private limited by shares company (also referred to as a 'limited' or 'ltd' company) is the standard corporate vehicle used for this purpose. A limited company is generally suitable to carry out most commercial business activities.
LLPs: Limited liability partnerships, or LLPs, are similar in structure to a traditional partnership; however, they enjoy the same limited liability of a limited company. They are generally used by professionals such as solicitors, dentists and accountants. The decision of whether to opt for a limited by shares company or LLP is not straightforward, as there are many differences between the two company types - perhaps the most important being taxation. For further reading on this subject, have a look at our blog: Limited company or LLP?
Limited by guarantee companies: This type of company is generally used by non-profit organisations such as workers co-operatives, membership organisations including students’ unions, sports clubs, and also charities.
This type of company has no share capital or shareholders, and instead has guarantors who undertake to guarantee a certain amount of money should the company become insolvent.
Non-Residents Packagesfrom £119.99
An ideal package for non-UK residents
Our Non-Residents Packages, are specially tailored to suit the needs of non-residents who wish to set up a limited company in the UK. They provide everything you will need to start trading, including a free consultation with a leading London accountancy firm to discuss financial and tax matters.
UK Business Banking: We have included a TransferWise UK business account, which is an ideal banking solution for non-residents. It allows you to send, spend, and receive multiple currencies with the real exchange rate. You will get your own UK account number and sort code, Eurozone IBAN, and US account and routing number, regardless of where you are in the world.
£249.99
£119.99
What’s included:
Buy Package
Private Limited Company
Private Limited Company
Your new company will usually be formed within 3 to 6 working hours; however, this timescale is subject to Companies House workload and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
A limited company is a separate legal entity from its owners, so your personal assets will be protected by the limited financial liability status of the new company.
TransferWise UK Business Banking (Optional)
TransferWise UK Business Account
We have partnered with TransferWise to provide our Non-UK resident customers with international business banking.
Create an account in minutes and get access to the following bank details to receive and hold money in over 40 currencies – all with zero fees:
- British account number and sort code
- European IBAN
- US account number and routing number
- Australian account number and BSB code
A TransferWise for Business Account provides worldwide coverage, allowing you to send money to 70+ countries, and receive and hold 40+ currencies.
What happens next?
As soon as your company is approved by Companies House, we will send you an order fulfilled email, which will include a link to sign up for a new TransferWise for Business Account.
Companies House £12.00 Filing Fee
Companies House Filing Fee of £12.00 Included
Companies House charge a £12.00 fee for the incorporation of your company. This cost is included in all of our packages. So the price you see is what you pay.
Digital Certificate of Incorporation, Share
Certificates, Memorandum & Articles
Digital Copy of your Company Documents
As soon as your company is registered at Companies House we will deliver a full set of company documents to you by email, including:
- Certificate of Incorporation
- Memorandum & Articles of Association
- Share Certificates
- Digital Company Register with First Entries
- Digital Minutes of First Board Meeting
- Web Filing Authentication Code (required to use Companies House web filing system)
Printed Certificate of Incorporation, Share
Certificates, Memorandum & Articles
Printed Copy of your Company Documents
As soon as your company is registered at Companies House we will deliver a full set of company documents to you by International Business Tracked Delivery Service, including:
- Certificate of Incorporation
- Memorandum & Articles of Association
- Share Certificates
- Minutes of First Board Meeting
VAT Registration
VAT Registration
If you need or want to have your company registered for VAT, we will take care of the formalities and process the application on your behalf.
Companies register for VAT due to the following reasons:
- Turnover is expected to exceed £85,000 in the next 12 months. It is therefore a legal requirement to register for VAT, unless the supplies are exempt.
- If turnover is expected to be less than £85,000 but the company wants to register voluntarily.
The VAT registration process explained
As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your VAT registration application with HMRC.
We will then apply for your VAT registration online. This process can take between 8 and 21 days.
Once your VAT registration has been approved, we will send your VAT Registration Number to you by email. Your VAT Registration Certificate will be sent to you by post by HMRC.
London Registered Office Address, for 12 months
(with free scan and email service)*
London Registered Office
(mail forwarded by scan and email)
This service allows you to maintain the privacy of your home address, by using our prestigious London office location as your company's official registered office address. We will scan and email all statutory company mail from a number of official government bodies to you, free of charge.
Mail from the following government bodies are covered by this service: Companies House, HMRC, Government Gateway, Department for Work & Pensions (DWP), Office for National Statistics, Information Commissioner’s Office (ICO) and Court documents.
Please note:
- All official registered office mail from a number of government bodies will be scanned and emailed to you, free of charge.
- Mail will be forwarded on a daily basis.
This service is renewable on a 12 monthly basis at the cost of £39.00. Notice will always be given in advance of your renewal date and you will be able to cancel the service.
London Service Address, for 12 months
(with free scan and email service)*
London Service Address
(mail forwarded by scan and email)
All company directors, secretaries and persons with significant control (e.g. shareholders who own more than 25% of the company’s shares), must provide a service address where statutory mail from government bodies such as Companies House and HMRC can be sent to them personally. This address will appear on public record, so many people prefer not to use their home address.
With this facility, our London Service Address will show on the public record rather than your home address. We will scan and email all statutory company mail addressed to your company officer from a number of government bodies, to you, free of charge.
Mail from the following government bodies are covered by this service: Companies House, HMRC, Government Gateway, Department for Work & Pensions (DWP), Office for National Statistics, Information Commissioner’s Office (ICO) and Court documents.
Please note:
- All official service address mail from a number of government bodies will be scanned and emailed to you, free of charge.
- Mail will be forwarded on a daily basis.
This service is renewable on a 12 monthly basis at the cost of £26.00. Notice will always be given in advance of your renewal date and you will be able to cancel the service.
London Business Address, for 12 months
(with International Mail Forwarding) *
London Business Address
(with International Mail Forwarding)
Our London mail forwarding service allows you to use our prestigious Covent Garden address for your day-to-day business correspondence. A business address in the heart of London’s West End is an excellent way to improve the image of your company and impress potential clients. All mail will be forwarded to an address of your choice by first class post.
Please note:
- The forwarding of all general business mail will be charged at Royal Mail International postal rates plus 15%.
- Mail will be forwarded on a daily basis.
This service is renewable on a 12 monthly basis at the cost of £89.00. Notice will always be given in advance of your renewal date and you will be able to cancel the service.
Free International Business Tracked Delivery
Free International Business
Tracked Delivery Service
International Business Tracked Delivery (or if not available in your country - International Business Signed Delivery) of your printed company documents, to anywhere in the world - free of charge.
Introduction to a Chartered Accountant
Introduction to a Chartered Accountant
We have partnered with Haines Watts, one of the UK’s top 20 Chartered Accountant firms, who specialise in providing annual accounting and tax services to new businesses.
Within 48 hours of your company being incorporated, Haines Watts will contact you to arrange a free consultation, which can be in person, by telephone or skype. The purpose of the consultation is to introduce their services to you, and also provide you with an opportunity to obtain some free advice on tax and accounting.
Haines Watts have developed affordable accountancy products for micro and small businesses, which also include the free of use of Kashflow accountancy software.
Business finances can often be complex, so having an experienced accountant to look after your accounts and taxation matters can be invaluable for a new business.
Please note: You should negotiate your fees with Haines Watts directly.
Free Admin Portal to Manage your Companies
Free Admin Portal to Manage your Companies
You can easily make changes to your companies using our free Online Admin Portal, saving money on expensive accountants’ fees in the process. Some of the key features of the Admin Portal include:
- Receive reminder emails of key dates and avoid late filing penalties.
- Manage your companies online by filing Annual Returns and making changes to the officers, addresses, and accounting dates.
- Form a new company without the need to re-enter the same information each time.
- Import an existing company to allow you to manage it and make changes free of charge.
- View and download your digital company documents - wherever you may be.
- Purchase additional services and products.
- View your payment and invoice history, and renew services.
Free Support for the Life of your Company
Free Support for the Life of your Company
At Rapid Formations, we are available to answer any questions by telephone, email or live webchat, during all stages of the registration process. Not only that but you can feel free to consult with us even after your company is registered. We are here to help at any stage during the lifetime of your company.
Free .com or .co.uk Domain Name
FREE .com or .co.uk Domain Name
We have partnered with Names.co.uk, one of the UK’s leading domain name providers, to offer you a free .com or .co.uk website domain name for 1 year, and help establish the online presence of your new business.
How it works: As soon as your registration is approved by Companies House, we will send you an order fulfilled email, which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or .co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days, so take advantage of the offer and get your .com or .co.uk domain name now.
Please note: The price of a .com or co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.
Business Telephone Number, for 12 months
Business Telephone Number - (free for 12 months)
We will provide you with your own unique 020 London or regional telephone number - free for 12 months (excl. call charges)
You can use this number as your new business number on your company stationery, website, advertising, etc., and we will forward all calls to your mobile or landline handset for you to answer.
Call forwarding will be charged at BT Standard Rates.
This service is free (excl. call charges) for the first 12 months, and then will automatically renew every year at a cost of £59.99 plus VAT.
GDPR Compliance Package
GDPR Compliance Package
This valuable package provides all the guidance and templates your company needs to quickly and inexpensively become fully GDPR compliant.
In May 2018, the UK introduced new legislation based on the EU’s General Data Protection Regulation (GDPR), governing how companies collect, process and store data. GDPR significantly increases the responsibilities all companies have when it comes to handling customer and employee data. Breaches of GDPR can lead to very large fines.
Avoid hours of research and fines by using our GDPR guidance and template documents contained within this comprehensive package.
Full Company Secretary Service
Full Company Secretary Service
Our Full Company Secretary Service is our premium service, providing an appointed company secretary to take care of your company, and much more.
What's included?
- An appointed company secretary (RF Secretaries Limited) showing you take your compliance seriously.
- A dedicated account manager, who is a qualified company secretary or legal executive, on hand to answer your questions and process your instructions.
- Preparation and filing of your annual Confirmation Statement, including the Companies House filing fee of £13.00.
- Preparation and delivery (by email) of all five statutory registers, as required by the Companies Act 2006 (including Register of Members and Register of Directors).
- Maintenance of all five statutory registers for the service period of 12 months.
- Up to three changes to your company per year, including director appointments, share transfers, and share allotments free of charge (additional transactions thereafter are charged at our standard rates).
How it works?
Once your company has been incorporated, your dedicated account manager will appoint our corporate secretary (RF Secretaries Limited) to your Company.
We will deliver a set of registers to you by email. Further sets of registers will be delivered to you, following any changes to your company.
Your dedicated account manager will always be on hand to answer any questions, carry out changes, maintain your registers, and file your annual Confirmation Statement.
Renewal Cost
Our Full Company Secretary Service is renewable on an annual basis at the cost of £149.99. Notice will always be given in advance of your renewal date and you will have the right to cancel the service.
An Appointed Company Secretary
A Dedicated CoSec Account Manager
Preparation and Filing of Annual Confirmation Statement
Preparation and Maintenance of Statutory Registers
Three Changes to Your Company per Year
Buy Package
TransferWise UK Business Account (Optional)
TransferWise is the simplest and quickest business banking solution for non-UK residents, and so we have included this option within our Non-Residents’ Packages. They provide international business banking with worldwide coverage, allowing you to send money to 70+ countries, and receive and hold 40+ currencies.
After your company is formed using our website, we will send you a link to create your business account and you will very quickly receive your UK bank sort code and account number. TransferWise charge a one-off fee of £16.00 for the opening of bank accounts.
Did you know there is an alternative to a UK business bank account?
Many non-resident clients open business bank accounts for their new UK limited company - in their own country. To do this, you will require getting your company documents apostilled (legalised by the Foreign and Commonwealth Office). Our apostille document service can be purchased in the Checkout area after you purchase either of our Non-Residents Packages. To find out more about Apostille Documents click here.
*All official government mail (registered office and service address mail) will be scanned and emailed to you free of charge. The forwarding of all general business correspondence mail will be charged at Royal Mail International postal rates plus 15%. Mail will be forwarded on a daily basis.
£119.99
£249.99
Prefer to order by telephone?
If you are not confident forming your company online - call our friendly team and we will complete your order by telephone.
Frequently asked questions
Can I register a UK limited company if I do not live in the UK?
Yes. You can set up a UK limited company, however, you need to be 16 years old or over and not be a non-discharged bankrupt. You will also need a UK registered office, which must be a physical address in the UK.
Do I have to use the Non-Residents Packages?
No, you can form your company using any of our company formation packages, however, the Non-Residents Packages provide you with a full set of address services that you will need to set up and run your company. It is also great value for money.
What is a registered office address?
A registered office is the official address of a UK limited company, where all official government mail from Companies House and HMRC will be sent. It must be a physical address in the UK, however, your company does not need to carry out its business or trade from this address.
If you don’t have a suitable UK address to use as your registered office, don’t worry, the Non-Residents Packages include a registered office, service address and business (trading) address.
What is a service address?
Company directors, shareholders, secretaries and PSC’s (Persons with Significant Control) require providing a service address, when setting up a UK limited company. This address is used by Companies House and HMRC for official correspondence with company officers and shareholders.
Unlike the registered office address, the service address does not need to be in the UK, so you can use your residential address, however, it will be placed on the public record at Companies House.
Will my mail be forwarded to me overseas?
Yes. All mail will be forwarded to your chosen correspondence address, anywhere in the world. The cost of forwarding mail to you, will be the Royal Mail postal charge plus a 15% handling fee.
How much will the Non-Residents Packages cost after the first year?
The Non-Residents Packages are company formation packages, and so it does not renew, however, there are renewable services within the package:
The Non-Residents Package: If you choose to renew the three address services, the cost will be £152.00 plus VAT per year.
The Non-Residents Plus Package: If you choose to renew the three address services, the Business Telephone Number and the Full Company Secretary Service, the cost will be £361.98 plus VAT per year.
Are there any extra costs?
The only additional costs, over and above the cost of the Non-Residents Packages will be the Royal Mail postal charges (plus 15% handling fee) incurred in forwarding your mail.
Can I open a UK business bank account?
Opening a UK business bank account as a non-UK resident is often a difficult process; however, we have partnered with TransferWise to provide our customers with international business banking.
We have included an invitation to sign up for a TransferWise business account in our Non-Residents Packages, where you can create an account and get access to the following bank details to receive and hold money in over 40 currencies – all with zero fees:
- British account number and sort code
- European IBAN
- US account number and routing number
- Australian account number and BSB code
A TransferWise for Business Account provides worldwide coverage, allowing you to send money to 70+ countries, and receive and hold 40+ currencies.
What happens next?
As soon as your company is approved by Companies House, we will send you an order fulfilled email, which will include a link to sign up for a new TransferWise for Business Account.
Do I need to provide proof of ID?
All company formation agents have a legal obligation to check proof of ID and address, including ourselves.
Don't worry - the likelihood is you will not have to do anything, as 90% of our customers successfully pass our digital ID checks.
If you don't pass our digital ID check, do not worry - almost all of our customers are able to provide their proof of ID and address via our Credas App. For more information, see here.
After I have formed my company – do I get any support from Rapid Formations?
Yes. As a client of Rapid Formations, you will get free support by telephone, email or live chat for the lifetime of your company.
You will also have free access to our Online Customer Portal where you can make changes to your company, file updates and manage your address service renewals.
Will you file my annual accounts?
We are company formation agents and not chartered accountants, therefore we are not able to prepare and file a company’s annual accounts.
We do however, include a free introduction and consultation with a leading firm of chartered accountants in London – as part of the Non-Residents Packages.
This free consultation can be carried out by skype, telephone or face-to-face at the accountant’s London offices.
Please note, you should agree accountancy fees directly with the firm of chartered accountants.
Contractors Package £39.99Buy Now
Ideal for Contractors and Freelancers who want to set up a UK Limited Company
Our Contractors Package provides limited company registration for contractors and freelancers for just £39.99 + VAT. Limited company status will safeguard you against Management Service Company legislation that affects self-employed individuals and sole traders.
What’s included:
Private Limited Company*
Private Limited Company in 3 to 6 Working Hours*
Your new company will usually be formed within 3 to 6 working hours; however, this timescale is subject to Companies House workload and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
A limited company is a separate legal entity from its owners, so your personal assets will be protected by the limited financial liability status of the new company.
Companies House £12.00 Filing Fee
Companies House Filing Fee of £12.00 Included
Companies House charge a £12.00 fee for the incorporation of your company. This cost is included in all of our packages. So the price you see is what you pay.
FREE Business Bank Account
Free Business Bank Account (Optional)
Add a business bank account to one of our packages and get up to 18 months’ of free business banking.
Complete a simple online application form for your chosen bank and we will prepare your application and send it directly to your bank, as part of your order. Below is a list of our current banking partners:
Barclays
12 months’ free business banking. Your bank account will be opened within 5 working days.
TSB
Your business bank account will be set up within 5 working days from this high street bank.
Mettle (by Natwest)
An online business bank account which allows customers to add receipts to transactions and create invoices with company logos via their App. Your account can be opened within minutes.
Cashplus
An online business bank account with no credit checks. Once opened, you’ll be sent your unique Account Number and Sort Code by email, and your Mastercard Business card will arrive within 5 working days.
Revolut
Benefit from built-in budgeting via their business account App. Your bank account will be opened within minutes.
Countingup
An online banking solution which categorises your income and expenses automatically via their App. Your contactless bank card will be sent once you activate your account.
Please note: This offer is only available to companies with UK resident directors and shareholders. Companies with overseas or nominee directors and shareholders are not eligible for this offer.
Digital Certificate of Incorporation
Digital Certificate of Incorporation
A digital (PDF) version of the Certificate of Incorporation, delivered to you by email. This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate.
Information included in this document:
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
Digital Memorandum & Articles of Association
Digital (PDF) Memorandum & Articles of Association
A digital version of the memorandum & articles of association, delivered to you by email. These documents form a company’s constitution and are the main documents required to incorporate a company under the Companies Act 2006.
This memorandum of association states the intention of the subscribers to form a company, become a member of that company and agree to take at least one share each.
The articles of association set out the rules on how the company should be governed. It also details the rights and responsibilities of its directors and owners.
Digital Share Certificate(s)
Digital (PDF) Share Certificate(s)
A digital version of your share certificate(s), which is a legal document certifying ownership of shares within a limited company. A share certificate includes the following information:
- Certificate number.
- Company name.
- Company registration number.
- Name and address of the shareholder.
- Issue date of share(s)
- Number of shares.
- The class of the share.
- The nominal value of each share.
Digital Company Register with First Entries
Digital (PDF) Company Register with first entries
A digital version of your company's statutory registers with the first entries completed at the date of incorporation. Our Company Register contains the following documents:
- Register of Applications and Allotments.
- Register of Members and Share Ledger.
- Register of Transfers.
- Register of Mortgages and Charges.
- Register of Debentures.
- Register of Sealings or Executions.
- Register of Directors.
- Share Certificate(s).
Digital Minutes of First Board Meeting
Digital Minutes of First Board Meeting
A digital (PDF) version of the minutes of your company's initial board meeting, where the first resolutions for your company were passed.
VAT Registration
VAT Registration
If you need or want to have your company registered for VAT, we will take care of the formalities and process the application on your behalf.
Companies register for VAT due to the following reasons:
- Turnover is expected to exceed £85,000 in the next 12 months. It is therefore a legal requirement to register for VAT, unless the supplies are exempt.
- If turnover is expected to be less than £85,000 but the company wants to register voluntarily.
The VAT registration process explained
As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your VAT registration application with HMRC.
We will then apply for your VAT registration online. This process can take up to 30 days.
Once your VAT registration has been approved, we will send your VAT Registration Number to you by email. Your VAT Registration Certificate will be sent to you by post by HMRC.
PAYE Registration
PAYE Registration
If you would like to pay yourself as a director of the company, or you have employees or other directors who will be taking a salary from your company, it is a legal requirement to register for PAYE with HMRC.
Failure to register for PAYE promptly can result in penalties.
Avoid potential complications by allowing our highly trained staff to take care of the registration on your behalf.
The PAYE registration process explained
As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your PAYE registration application with HMRC.
We will then apply for your PAYE registration online. This process normally takes around 3 weeks, and all of your PAYE information will be sent to you by post directly from HMRC.
If your first payday is less than 3 weeks away, do not be concerned. You should process your salary or salaries on the date of your first payday, and complete your PAYE return when you receive your registration information from HMRC. If your first filing is late, HMRC will take into account the timing of your registration so there should be no issues arising from this filing.
Free Admin Portal to Manage your Companies
Free Admin Portal to Manage your Companies
You can easily make changes to your companies using our free Online Admin Portal, saving money on expensive accountants’ fees in the process. Some of the key features of the Admin Portal include:
- Receive reminder emails of key dates and avoid late filing penalties.
- Manage your companies online by filing Annual Returns and making changes to the officers, addresses, and accounting dates.
- Form a new company without the need to re-enter the same information each time.
- Import an existing company to allow you to manage it and make changes free of charge.
- View and download your digital company documents - wherever you may be.
- Purchase additional services and products.
- View your payment and invoice history, and renew services.
Free Support for the Life of your Company
Free Support for the Life of your Company
At Rapid Formations, we are available to answer any questions by telephone, email or live webchat during all stages of the registration process. Not only that, but you can feel free to consult with us even after your company is registered. We are here to help at any stage during the lifetime of your company.
Free .com or .co.uk Domain Name
FREE .com or .co.uk Domain Name
We have partnered with Names.co.uk, one of the UK’s leading domain name providers to offer you a free .com or .co.uk website domain name for 1 year, and help establish the online presence of your new business UK.
How it works: As soon as your registration is approved by Companies House, we will send you an order fulfilled email which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or .co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days, so take advantage of the offer and get your .com or .co.uk domain name now.
Please note: The price of a .com or .co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.
Contractors Package £39.99Buy Now
*Most of our company incorporations are approved by Companies House within 3 to 6 working hours, however, this is dependent on Companies House workload, and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
Frequently asked questions
Are the package costs one-off, or annual charges?
They are one-off charges, and there are no extra costs payable to form a limited company or LLP.
If you purchase the All Inclusive Package, it includes the preparation and filing of your company’s first confirmation statement (previously known as the annual return), and you may wish to renew this service for year 2 at a cost of £34.99 plus VAT. Alternatively, you can use the customer area on our website to prepare and file your Confirmation Statement, and you will only be charged the Companies House filing fee of £13.00.
Do I need more than one person to form a limited company?
No, only one person is required. Although all limited companies require at least one director and one shareholder, it is common for one person to perform both roles.
Can I open a bank account in the UK if I don’t live there?
Our relationship with our banking partner TransferWise provides our non-UK resident customers with the facility to open a business bank account.
The application process is online and does not involve the requirement for hardcopy document or a visit to the UK to open an account.
Please have a look at our blog on the subject: Business bank accounts for non-UK residents.
Do I need an accountant?
We recommend the assistance of an accountant with your company’s annual accounts and annual tax return, which will be due for filing (at Companies House and HMRC) 9 months after the end of your first financial year.
We would also recommend an accountant sets up your financial record-keeping and you obtain advice on how to take money out of your limited company.
Rapid Formations provides a free consultation with an accountant - either at one of their offices, or via Skype - where you will be introduced to the accountant's services and you will also have the opportunity to obtain some free tax and accounting advice.
Why do I need to pay for postage with the business address service?
When you purchase our business address service, you are buying the right to use our address as your trading / business address and publish it on your letterheads, invoices and website. We will also receive and log your mail onto our system and send you an acknowledgement that your mail has been forwarded to you.
Unlike our service address and registered office services, we do not include the free forwarding of business mail to you, as we are unable to assess just how much mail each client will receive, and therefore require charging the cost of the Royal Mail postage plus a 15% handling fee for mail forwarding.
If I buy a registered office address, does this cover all of my mail?
The registered office address can only be used for official government mail from Companies House and HMRC. If you also wish to use our address for general business mail, you should purchase the business address service.
Do I need to register my company for VAT?
You do not need to register for VAT until your annual turnover exceeds the VAT threshold, which from 1st April 2019, is £85,000. You can, of course, decide to register for VAT on a voluntary basis if your turnover is less than the threshold figure. As a VAT registered company, you can reclaim VAT paid on all goods and services purchased by the company.
For further reading on VAT consult the Rapid Formations blog: Do I need to register my limited company for VAT?
How do I reserve a company name?
There is only one way to reserve a company name at Companies House, and that is to actually form a limited company. No facility exists to simply reserve a company name without forming a company. If you wish to reserve a company name for future use, you should let HMRC know that your company is dormant.
Consequently, HMRC will not expect a tax return to be filed, and you will only be liable to file inexpensive 'dormant accounts' instead of annual accounts. For further reading on dormant companies, have a look at our blog: A guide to dormant companies.
What type of company do I need?
Limited by shares companies: The vast majority of companies are formed with the objective of making a profit for their shareholders, and a private limited by shares company (also referred to as a 'limited' or 'ltd' company) is the standard corporate vehicle used for this purpose. A limited company is generally suitable to carry out most commercial business activities.
LLPs: Limited liability partnerships, or LLPs, are similar in structure to a traditional partnership; however, they enjoy the same limited liability of a limited company. They are generally used by professionals such as solicitors, dentists and accountants. The decision of whether to opt for a limited by shares company or LLP is not straightforward, as there are many differences between the two company types - perhaps the most important being taxation. For further reading on this subject, have a look at our blog: Limited company or LLP?
Limited by guarantee companies: This type of company is generally used by non-profit organisations such as workers co-operatives, membership organisations including students’ unions, sports clubs, and also charities.
This type of company has no share capital or shareholders, and instead has guarantors who undertake to guarantee a certain amount of money should the company become insolvent.
Limited by Guarantee £24.99Buy Now
Ideal for clubs, workers' co-operatives and other non-profit organisations.
This package provides a company limited by guarantee, and is ideal for all types of not-for-profit enterprises like clubs, sporting associations and membership organisations.
Please note: Please call our Customer Service Team at 020 7871 9990 if you wish to use bespoke articles of association or form a specialist guarantee company suitable for a Charity company, a company with 'limited' name exemption, a company using the words Association, Benevolent, Federation, Foundation, Society or Trust in the company name, a Right to Manage company, or a Property Management company.
What’s included:
Private Limited Company*
Private Limited Company in 3 to 6 Working Hours*
Your new company will usually be formed within 3 to 6 working hours; however, this timescale is subject to Companies House workload and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
A limited company is a separate legal entity from its owners, so your personal assets will be protected by the limited financial liability status of the new company.
Companies House £12.00 Filing Fee
Companies House Filing Fee of £12.00 Included
Companies House charge a £12.00 fee for the incorporation of your company. This cost is included in all of our packages. So the price you see is what you pay.
Digital Certificate of Incorporation
Digital Certificate of Incorporation
A digital (PDF) version of the Certificate of Incorporation, delivered to you by email. This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate.
Information included in this document:
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
Digital Memorandum & Articles of Association
Digital (PDF) Memorandum & Articles of Association
A digital version of the memorandum & articles of association, delivered to you by email. These documents form a company’s constitution and are the main documents required to incorporate a company under the Companies Act 2006.
This memorandum of association states the intention of the subscribers to form a company, become a member of that company and agree to take at least one share each.
The articles of association set out the rules on how the company should be governed. It also details the rights and responsibilities of its directors and owners.
Please note: We provide articles of association based on the model articles, which are suitable for setting up a standard limited by guarantee company.
Digital (PDF) Guarantor Certificate(s)
Digital (PDF) Guarantor Certificate(s)
A digital version of your original guarantor certificate(s), proving you are a guarantor member of the limited company and detailing the amount guaranteed.
The following information is included in this document:
- Certificate number.
- Registered company name.
- Registration number.
- Name and address of guarantor.
- Date of issuing guarantee.
- Amount of guarantee.
Digital Company Register with First Entries
Digital (PDF) Company Register with first entries
A digital version of your company's statutory registers, with the first entries completed at the date of incorporation. Our Company Register contains the following documents:
- Register of Applications and Allotments.
- Register of Members and Share Ledger.
- Register of Transfers.
- Register of Mortgages and Charges.
- Register of Debentures.
- Register of Sealings or Executions.
- Register of Directors.
- Share Certificate(s).
Printed Guarantor Certificate(s)
Printed Guarantor Certificate(s)
A printed version of your original guarantor certificate(s), proving you are a guarantor member of the limited company and detailing the amount guaranteed.
The following information is included in this document:
- Certificate number.
- Registered company name.
- Registration number.
- Name and address of guarantor.
- Date of issuing guarantee.
- Amount of guarantee.
Printed Certificate of Incorporation
Printed Certificate of Incorporation
This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate. We recommend having a printed version of this original document for display purposes, and another copy available for use with banks or other institutions.
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
Printed Memorandum & Articles of Association
Printed Memorandum
& Articles of Association
A printed version of the memorandum & articles of association, delivered to you by post. These documents form a company’s constitution and are the main documents required to incorporate a company under the Companies Act 2006.
This memorandum of association states the intention of the subscribers to form a company, become a member of that company and agree to take at least one share each.
The articles of association set out the rules on how the company should be governed. It also details the rights and responsibilities of its directors and owners.
Please note: We provide articles of association based on the model articles, which are suitable for setting up a standard limited by guarantee company.
Free Admin Portal to Manage your Companies
Free Admin Portal to Manage your Companies
You can easily make changes to your companies using our free Online Admin Portal, saving money on expensive accountants’ fees in the process. Some of the key features of the Admin Portal include:
- Receive reminder emails of key dates and avoid late filing penalties.
- Manage your companies online by filing Annual Returns and making changes to the officers, addresses, and accounting dates.
- Form a new company without the need to re-enter the same information each time.
- Import an existing company to allow you to manage it and make changes free of charge.
- View and download your digital company documents - wherever you may be.
- Purchase additional services and products.
- View your payment and invoice history, and renew services.
Free Support for the Life of your Company
Free Support for the Life of your Company
At Rapid Formations, we are available to answer any questions by telephone, email or live webchat during all stages of the registration process. Not only that, but you can feel free to consult with us even after your company is registered. We are here to help at any stage during the lifetime of your company.
Free .com or .co.uk Domain Name
FREE .co.uk Domain Name
We have partnered with Names.co.uk, one of the UK’s leading domain name providers to offer you a free .com or .co.uk website domain name for 1 year, and help establish the online presence of your new business.
How it works: As soon as your registration is approved by Companies House, we will send you an order fulfilled email, which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or .co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days so take advantage of the offer and get your .com or .co.uk domain name now.
Please note: The price of a .com or .co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.
Limited by Guarantee £24.99Buy Now
*Most of our company incorporations are approved by Companies House within 3 to 6 working hours, however, this is dependent on Companies House workload, and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
Frequently asked questions
Are the package costs one-off, or annual charges?
They are one-off charges, and there are no extra costs payable to form a limited company or LLP.
If you purchase the All Inclusive Package, it includes the preparation and filing of your company’s first confirmation statement (previously known as the annual return), and you may wish to renew this service for year 2 at a cost of £34.99 plus VAT. Alternatively, you can use the customer area on our website to prepare and file your Confirmation Statement, and you will only be charged the Companies House filing fee of £13.00.
Do I need more than one person to form a limited company?
No, only one person is required. Although all limited companies require at least one director and one shareholder, it is common for one person to perform both roles.
Can I open a bank account in the UK if I don’t live there?
Our relationship with our banking partner TransferWise provides our non-UK resident customers with the facility to open a business bank account.
The application process is online and does not involve the requirement for hardcopy document or a visit to the UK to open an account.
Please have a look at our blog on the subject: Business bank accounts for non-UK residents.
Do I need an accountant?
We recommend the assistance of an accountant with your company’s annual accounts and annual tax return, which will be due for filing (at Companies House and HMRC) 9 months after the end of your first financial year.
We would also recommend an accountant sets up your financial record-keeping and you obtain advice on how to take money out of your limited company.
Rapid Formations provides a free consultation with an accountant - either at one of their offices, or via Skype - where you will be introduced to the accountant's services and you will also have the opportunity to obtain some free tax and accounting advice.
Why do I need to pay for postage with the business address service?
When you purchase our business address service, you are buying the right to use our address as your trading / business address and publish it on your letterheads, invoices and website. We will also receive and log your mail onto our system and send you an acknowledgement that your mail has been forwarded to you.
Unlike our service address and registered office services, we do not include the free forwarding of business mail to you, as we are unable to assess just how much mail each client will receive, and therefore require charging the cost of the Royal Mail postage plus a 15% handling fee for mail forwarding.
If I buy a registered office address, does this cover all of my mail?
The registered office address can only be used for official government mail from Companies House and HMRC. If you also wish to use our address for general business mail, you should purchase the business address service.
Do I need to register my company for VAT?
You do not need to register for VAT until your annual turnover exceeds the VAT threshold, which from 1st April 2019, is £85,000. You can, of course, decide to register for VAT on a voluntary basis if your turnover is less than the threshold figure. As a VAT registered company, you can reclaim VAT paid on all goods and services purchased by the company.
For further reading on VAT consult the Rapid Formations blog: Do I need to register my limited company for VAT?
How do I reserve a company name?
There is only one way to reserve a company name at Companies House, and that is to actually form a limited company. No facility exists to simply reserve a company name without forming a company. If you wish to reserve a company name for future use, you should let HMRC know that your company is dormant.
Consequently, HMRC will not expect a tax return to be filed, and you will only be liable to file inexpensive 'dormant accounts' instead of annual accounts. For further reading on dormant companies, have a look at our blog: A guide to dormant companies.
What type of company do I need?
Limited by shares companies: The vast majority of companies are formed with the objective of making a profit for their shareholders, and a private limited by shares company (also referred to as a 'limited' or 'ltd' company) is the standard corporate vehicle used for this purpose. A limited company is generally suitable to carry out most commercial business activities.
LLPs: Limited liability partnerships, or LLPs, are similar in structure to a traditional partnership; however, they enjoy the same limited liability of a limited company. They are generally used by professionals such as solicitors, dentists and accountants. The decision of whether to opt for a limited by shares company or LLP is not straightforward, as there are many differences between the two company types - perhaps the most important being taxation. For further reading on this subject, have a look at our blog: Limited company or LLP?
Limited by guarantee companies: This type of company is generally used by non-profit organisations such as workers co-operatives, membership organisations including students’ unions, sports clubs, and also charities.
This type of company has no share capital or shareholders, and instead has guarantors who undertake to guarantee a certain amount of money should the company become insolvent.
Limited Liability Partnership Package (LLP) £29.99Buy Now
Online LLP formation.
Our Limited Liability Partnership package provides a ready-to-trade LLP, digital and printed incorporation documents, and a draft LLP Agreement.
LLP Agreement: As soon as your new LLP is registered at Companies House, we will forward a draft LLP Agreement to you by email. If you require a formal Agreement, please return your completed draft to us by email. We will then prepare two printed copies and send them by post to you.
It is not a legal requirement to have a formal LLP Agreement, however, it is required if you wish to divide the share of profits and capital other than equally.
What’s included:
Private Limited Company*
Private Limited Company in 3 to 6 Working Hours*
Your new company will usually be formed within 3 to 6 working hours; however, this timescale is subject to Companies House workload and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
A limited company is a separate legal entity from its owners, so your personal assets will be protected by the limited financial liability status of the new company.
Companies House £12.00 Filing Fee
Companies House Filing Fee of £12.00 Included
Companies House charge a £12.00 fee for the incorporation of your company. This cost is included in all of our packages. So the price you see is what you pay.
FREE Business Bank Account
Free Business Bank Account (Optional)
Add a business bank account to one of our packages and get up to 18 months’ of free business banking.
Complete a simple online application form for your chosen bank and we will prepare your application and send it directly to your bank, as part of your order. Below is a list of our current banking partners:
Barclays
12 months’ free business banking. Your bank account will be opened within 5 working days.
TSB
Your business bank account will be set up within 5 working days from this high street bank.
Mettle (by Natwest)
An online business bank account which allows customers to add receipts to transactions and create invoices with company logos via their App. Your account can be opened within minutes.
Cashplus
An online business bank account with no credit checks. Once opened, you’ll be sent your unique Account Number and Sort Code by email, and your Mastercard Business card will arrive within 5 working days.
Revolut
Benefit from built-in budgeting via their business account App. Your bank account will be opened within minutes.
Countingup
An online banking solution which categorises your income and expenses automatically via their App. Your contactless bank card will be sent once you activate your account.
Please note: This offer is only available to companies with UK resident directors and shareholders. Companies with overseas or nominee directors and shareholders are not eligible for this offer.
Digital Certificate of Incorporation
Digital Certificate of Incorporation
A digital (PDF) version of the Certificate of Incorporation, delivered to you by email. This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate.
Information included in this document:
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
Digital (Word) Draft LLP Agreement
Digital Draft LLP Agreement
As soon as your new LLP is approved by Companies House, we will send you a draft LLP Agreement, along with your other company documents, by email.
If you decide you would like your LLP to have a formal Agreement, return your completed draft to us by email. We will then prepare two printed copies for you, and send them to you by 1st class post.
It is not a legal requirement to have a formal LLP Agreement; however, it is required if you need to divide the share of profits and capital other than equally.
Digital Company Register with First Entries
Digital (PDF) Company Register with first entries
A digital version of your company's statutory registers, with the first entries completed at the date of incorporation. Our Company Register contains the following documents:
- Register of Applications and Allotments.
- Register of Members and Share Ledger.
- Register of Transfers.
- Register of Mortgages and Charges.
- Register of Debentures.
- Register of Sealings or Executions.
- Register of Directors.
- Share Certificate(s).
Printed Certificate of Incorporation
Printed Certificate of Incorporation
This is the main document which proves your company's existence. It is sometimes referred to as your company's birth certificate. We recommend having a printed version of this original document for display purposes, and another copy available for use with banks or other institutions.
- Company name.
- Company registration number.
- The situation of the registered office – England and Wales, Scotland or Northern Ireland.
- Date of incorporation.
- Company structure, e.g. Limited by shares.
- The Registrar – Companies House Cardiff, Edinburgh or Belfast.
- The Companies Act under which the company is registered – Companies Act 2006.
- Official seal of the Registrar of Companies.
- Royal Coat of Arms.
2 x Printed copies of the LLP Agreement (if required)
2 x Printed copies of the LLP Agreement (if required)
If you decide you would like your LLP to have a formal Agreement, return your completed draft to us by email. We will then prepare two printed copies for you and send them to you by 1st class post.
It is not a legal requirement to have a formal LLP Agreement; however, it is required if you need to divide the share of profits and capital other than equally.
Free Admin Portal to Manage your Companies
Free Admin Portal to Manage your Companies
You can easily make changes to your companies using our free Online Admin Portal, saving money on expensive accountants’ fees in the process. Some of the key features of the Admin Portal include:
- Receive reminder emails of key dates and avoid late filing penalties.
- Manage your companies online by filing Annual Returns and making changes to the officers, addresses, and accounting dates.
- Form a new company without the need to re-enter the same information each time.
- Import an existing company to allow you to manage it and make changes free of charge.
- Purchase additional services and products.
- View your payment and invoice history, and renew services.
Free Support for the Life of your Company
Free Support for the Life of your Company
At Rapid Formations, we are available to answer any questions by telephone, email or live webchat, during all stages of the registration process. Not only that, but you can feel free to consult with us even after your company is registered. We are here to help at any stage during the lifetime of your company.
Free .com or .co.uk Domain Name
FREE .com or .co.uk Domain Name
We have partnered with Names.co.uk, one of the UK’s leading domain name providers to offer you a free .com or .co.uk website domain name for 1 year, and help establish the online presence of your new business.
How it works: As soon as your registration is approved by Companies House, we will send you an order fulfilled email, which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or .co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days so take advantage of the offer and get your .com or .co.uk domain name now.
Please note: The price of a .com or .co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.
Limited Liability Partnership Package (LLP) £29.99Buy Now
*Most of our company incorporations are approved by Companies House within 3 to 6 working hours, however, this is dependent on Companies House workload, and it may take longer. If it is of great importance that your company is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
Frequently asked questions
Are the package costs one-off, or annual charges?
They are one-off charges, and there are no extra costs payable to form a limited company or LLP.
If you purchase the All Inclusive Package, it includes the preparation and filing of your company’s first confirmation statement (previously known as the annual return), and you may wish to renew this service for year 2 at a cost of £34.99 plus VAT. Alternatively, you can use the customer area on our website to prepare and file your Confirmation Statement, and you will only be charged the Companies House filing fee of £13.00.
Do I need more than one person to form a limited company?
No, only one person is required. Although all limited companies require at least one director and one shareholder, it is common for one person to perform both roles.
Can I open a bank account in the UK if I don’t live there?
Our relationship with our banking partner TransferWise provides our non-UK resident customers with the facility to open a business bank account.
The application process is online and does not involve the requirement for hardcopy document or a visit to the UK to open an account.
Please have a look at our blog on the subject: Business bank accounts for non-UK residents.
Do I need an accountant?
We recommend the assistance of an accountant with your company’s annual accounts and annual tax return, which will be due for filing (at Companies House and HMRC) 9 months after the end of your first financial year.
We would also recommend an accountant sets up your financial record-keeping and you obtain advice on how to take money out of your limited company.
Rapid Formations provides a free consultation with an accountant - either at one of their offices, or via Skype - where you will be introduced to the accountant's services and you will also have the opportunity to obtain some free tax and accounting advice.
Why do I need to pay for postage with the business address service?
When you purchase our business address service, you are buying the right to use our address as your trading / business address and publish it on your letterheads, invoices and website. We will also receive and log your mail onto our system and send you an acknowledgement that your mail has been forwarded to you.
Unlike our service address and registered office services, we do not include the free forwarding of business mail to you, as we are unable to assess just how much mail each client will receive, and therefore require charging the cost of the Royal Mail postage plus a 15% handling fee for mail forwarding.
If I buy a registered office address, does this cover all of my mail?
The registered office address can only be used for official government mail from Companies House and HMRC. If you also wish to use our address for general business mail, you should purchase the business address service.
Do I need to register my company for VAT?
You do not need to register for VAT until your annual turnover exceeds the VAT threshold, which from 1st April 2019, is £85,000. You can, of course, decide to register for VAT on a voluntary basis if your turnover is less than the threshold figure. As a VAT registered company, you can reclaim VAT paid on all goods and services purchased by the company.
For further reading on VAT consult the Rapid Formations blog: Do I need to register my limited company for VAT?
How do I reserve a company name?
There is only one way to reserve a company name at Companies House, and that is to actually form a limited company. No facility exists to simply reserve a company name without forming a company. If you wish to reserve a company name for future use, you should let HMRC know that your company is dormant.
Consequently, HMRC will not expect a tax return to be filed, and you will only be liable to file inexpensive 'dormant accounts' instead of annual accounts. For further reading on dormant companies, have a look at our blog: A guide to dormant companies.
What type of company do I need?
Limited by shares companies: The vast majority of companies are formed with the objective of making a profit for their shareholders, and a private limited by shares company (also referred to as a 'limited' or 'ltd' company) is the standard corporate vehicle used for this purpose. A limited company is generally suitable to carry out most commercial business activities.
LLPs: Limited liability partnerships, or LLPs, are similar in structure to a traditional partnership; however, they enjoy the same limited liability of a limited company. They are generally used by professionals such as solicitors, dentists and accountants. The decision of whether to opt for a limited by shares company or LLP is not straightforward, as there are many differences between the two company types - perhaps the most important being taxation. For further reading on this subject, have a look at our blog: Limited company or LLP?
Limited by guarantee companies: This type of company is generally used by non-profit organisations such as workers co-operatives, membership organisations including students’ unions, sports clubs, and also charities.
This type of company has no share capital or shareholders, and instead has guarantors who undertake to guarantee a certain amount of money should the company become insolvent.
