How To Set Up A Limited Company In The UK

Everything a budding entrepreneur will want to know about setting up a UK Limited Company.
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Instructed by Emily Hyland Business / Finance
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  • Lectures 11
  • Contents Video: 43 mins
    Other: 1 min
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 4/2015 English

Course Description

Through this course you will discover everything you need to know about the process of setting up your new Limited Company in the UK.

This course will take you on a journey covering all of the important decisions you have to make about your Company including:

  • Checking the structure is right for your business
  • How to choose your name and ensure it is available
  • Responsibilities of the Directors and Company Secretaries
  • Alloting shares
  • How to register with HMRC
  • The annual filing requirements

You will also be shown a walkthrough about how to actually set up your Limited Company from the Companies House website.

What are the requirements?

  • No software is required to take this course
  • Students should be setting themselves up in business and interested in which structure is most suitable

What am I going to get from this course?

  • Be aware of the pros and cons of setting up as a limited compant
  • Understand the responsibilities of company directors and secretaries
  • Be aware of the legal requirements a Limited company must adhere to
  • Understand the filing deadlines for a UK limited company for submissions to Companies House and HMRC
  • Know how to successfully set up a UK limited company on the Companies House website

What is the target audience?

  • This course is for anyone wanting to set up a company in the UK
  • If you are a sole trader and thinking of incorporating then this course is also suitable
  • If you allready have a UK limited company then this course is not suitable for you

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction and company structures
01:57

This lecture discusses what you will learn through the course and the course materials that will be used during the course.

05:22

This lecture will explain the benefits and drawbacks of operating as a limited company vs operating as a sole trader so you can make your setting up a UK company is right for you.

Section 2: What to consider before setting up your company
05:16

This lecture will explain the Companies House requirements to consider when deciding on a name for your company and explain the restrictions. It will also show you how to check whether a company name has already been used.

03:30

This lecture will explain the options available to you when deciding what type and how many shares to issue. It will explain difference scenarios and why different types are more appropriate to you.

03:07

This lecture will explain briefly the difference between directors, shareholders and the company secretary so you can be assured that you have appointed the correct people to the appropriate roles.

02:10

In this lecture I will explain what articles of association and the memorandum of association is and why each company is required to have them. This lecture then includes examples for learners to use and tailor as required.

1 page

This handy checklist summarises the requirements from the previous lectures and makes sure you are ready and have everything you need to set the company up.

Section 3: The setting up process
13:50

This lecture then shows the online process you need to go through to set up a Limited Company step by step.

Section 4: The next steps after you Company has been registered
02:13

HMRC handles all forms of tax from corporation tax to employers tax. This lecture will go through how to register your company with HMRC for the various taxes applicable to your business.

03:25

This lecture will summarise what your company is legally required to submit to Companies House and HMRC and the deadlines by which this must be completed.

01:42

This is the final lecture in the course and summarises the important steps you have learnt throughout this course. You should now feel confident to go ahead and set up your own company!

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Instructor Biography

Emily Hyland, Chartered accountant and entrepreneur

Emily Hyland is the Director of Bright Horizon Accountancy, which is a cutting edge, cloud based accountancy firm based in Bournemouth.

She is a qualified accountancy with experience in both accountancy practices and also working for companies in industry.

She has a vast breadth of experience working in a variety of industries but specialises in digital creatives and start-up companies.

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