Starting a Limited Company: A Step-by-Step Guide
From registration to your first invoice. Everything you need to know about forming a UK limited company.
Set up the company correctly
Start with company name checks, SIC code selection, director and shareholder details, and registration through Companies House.
Open a business bank account early and separate company spending from day one to avoid bookkeeping pain later.
Know your first compliance milestones
Track confirmation statement, annual accounts, corporation tax registration, payroll requirements, and VAT obligations where relevant.
Missing early deadlines creates avoidable penalties and can slow financing or supplier relationships.
Build a practical finance stack
Use reliable bookkeeping workflows, defined expense policies, and monthly reconciliation to keep records accurate.
Director pay strategy, cash reserves, and tax planning should be reviewed throughout the year, not only at year end.
Put This Into Action
Use FIQ Corporate for day-to-day company finance and sync key outputs into FIQ Personal for salary, dividends, and personal planning.
Premium is £7.99/month or £79/year. Free tier available.
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