Why Choose Jain Prachi & Company?
Hassle-Free Incorporation
– Expert assistance from registration to compliance.
Quick & Affordable Setup
– Get your UK company registered in as little as 5 days.
End-to-End Business Support
– Banking, VAT registration, and secretarial services.
Get Started!
Company Incorporation in the UK
Great service and very helpful. Received advice on taxation and it proved very helpful. Would recommend it for everyone.
runda Makwana
I have been using JAIN PRACHI & COMPANY Accounting Services from last 6 years, and I am consistently impressed with their professionalism and proactive approach so far.
Ankit Neema
Highly professional and responsive with excellent expertise in taxation in Indore!
Shreyansh Bokadiya
10
Years Experience
Why Incorporate in the UK?
✔ Low Corporate Tax (19%) – Competitive tax rates for businesses.
✔ 100% Foreign Ownership – No residency requirement for shareholders.
✔ Access to Global Markets – Strengthens credibility with investors & clients.
✔ Business-Friendly Regulations – Simplified incorporation & reporting processes.
✔ Legal Protection & Credibility – Ideal for international business expansion.
Step-by-Step Process for UK Company Incorporation
✔ Select Business Structure – Choose between Ltd, LLP, or Sole Trader.
✔ Company Name Registration – Check and reserve a unique business name.
✔ Prepare Incorporation Documents – Provide shareholder details, a registered UK address, and outline business activities.
✔ Register with Companies House – Official registration with the UK government.
✔ Open Corporate Bank Account – Set up a UK business bank account.
✔ VAT & Compliance Registration – Ensure HMRC compliance for tax obligations.
Types of Business Entities in the UK
| Entity Type | Key Benefits |
|---|---|
| Private Limited Company (Ltd) | Limited liability, flexible tax benefits, and global credibility. |
| Sole Trader | Simple structure, ideal for freelancers and small businesses. |
| Limited Liability Partnership (LLP) | Best for professional firms, tax-efficient with liability protection. |
Documents Required for UK Incorporation
| Document | Requirement |
|---|---|
| Passport Copies | Required for all shareholders & directors. |
| Business Plan | Helps in regulatory approvals. |
| Registered UK Address | Mandatory for all UK businesses (virtual address services available). |
| Shareholder & Director Details | Personal & business information of all involved parties. |
| Memorandum of Association (MoA) | A short document confirming the owners intention to form the company and to become members of that company on incorporation. |
| Articles of Association (AoA) | The company’s principal constitutional document, which contains in detail all the administrative provisions of the company’s operations that are agreed by its members. It sets out how the important decisions are taken by the members and directors, as well as various matters connected with the shares, general meetings of the members, appointment and powers of directors, board resolutions and notices, helping to ensure that the company’s business runs as smoothly and efficiently as possible. |
| Company Name | A UK private limited company can choose any name provided that: it is distinctive: it cannot be identical to another name, differ from another name on the company index: it doesn’t contain a sensitive word or expression and is not offensive. |
| Registered Office | Your company should have a physical address in the UK. This is where official communications will be sent, such as correspondence from companies house, HM revenue, and customs department. This address will be publicly available on the online register and will be the location where the public is able to inspect the statutory registers of the company, unless the company adopts a Single Alternative Inspection Location (SAIL). The address should be displayed on all company stationery, including emails and websites. We can help you establish a registered UK office address – learn more. |
| First Officers | The First Officers consist of the following.- Directors, Company Secretary, Statement of Capital, Persons with Significant Control |
Types of Business Structures in the UK | UK Company Formation Guide
Choosing the right business structure is crucial when forming a company in the UK. The structure you select determines your legal responsibilities, tax obligations, and liability. Below are the key types of business structures available in the United Kingdom:
Sole Trader (Self-Employed Business)
A sole trader (or lone proprietor) is an individual who runs their own business.
This structure is simple and requires minimal paperwork, but the owner has unlimited liability—meaning personal assets may be at risk if the business incurs debts. Before registering as a sole trader, it’s essential to assess the level of personal liability involved.
Partnership
A partnership is a business owned by two or more individuals who share profits, responsibilities, and liabilities.
This structure is ideal for professionals and small businesses looking to collaborate. The partners are personally liable for any debts incurred by the business unless they register as a Limited Liability Partnership (LLP).
Limited Liability Partnership (LLP)
An LLP is a legal entity where partners benefit from limited liability, meaning they are only responsible for debts up to the amount they invested.
This structure offers greater financial protection while allowing flexibility in management.
Unlimited Company
An unlimited company is a business structure where shareholders or members have no limit on their liabilities. In case of financial losses, personal assets may be used to cover debts.
This structure is less common but may be preferred for businesses requiring higher financial security and privacy.
Limited Company (Ltd)
A Limited Company (Ltd) is one of the most popular business structures in the UK.
It provides limited liability protection, meaning the personal assets of directors or shareholders remain secure in case of bankruptcy.
Limited companies must comply with Companies House regulations and submit annual financial reports.
Public Limited Company (PLC)
A Public Limited Company (PLC) is a business whose shares are traded on a stock exchange, allowing the public to invest.
PLCs must adhere to strict financial transparency laws and are required to disclose financial information to shareholders.
Private Limited Company (Ltd by Shares or Guarantee)
A Private Limited Company (Ltd) is not publicly listed on the stock exchange but can issue shares privately.
Private companies enjoy limited liability while maintaining greater control over decision-making. They can operate as:
Ltd by Shares – Owned by shareholders who receive dividends.
Ltd by Guarantee – Often used for non-profits and charities, where members act as guarantors instead of shareholders.
Choosing the Right Business Structure in the UK
When forming a business in the UK, consider factors like liability, taxation, compliance requirements, and growth potential.
If you’re unsure, consulting a professional accountant or business advisor can help determine the best structure for your goals.
How Jain Prachi & Company Helps?
✔ Business Structure Advisory – Guidance on selecting the best entity type.
✔ Company Registration with Companies House – Fast-track incorporation services.
✔ UK Bank Account Opening Assistance – Connect with leading UK banks.
✔ VAT & Tax Compliance Support – Ensure seamless compliance with HMRC.
✔ Ongoing Secretarial & Accounting Services – Smooth business operations post-incorporation.
Timeline & Pricing
✔ Business Setup Time: 5-7 days
✔ Starting at: ₹99,999
Frequently Asked Questions
Phone
+91-8989666715
Location
304, Trade House, 14/3, South Tukoganj, Indore (M.P.) -452001
contactus@jainprachi.com
