Starting a business is an exciting venture, and one of the most important steps is registering your company. Wondering how long it can take to register a company? The answer depends on various factors, such as the type of company and the method you use to register. In this guide, we’ll walk you through the registration process, timelines, costs, and how to speed things up if you’re in a hurry.
How do you register a company in the UK?
To legally operate a limited company in the UK, you need to register with Companies House. This is the official register of companies in England, Wales, Scotland, and Northern Ireland. This process, known as company incorporation, establishes your business as a distinct legal entity.
What information do you need to register?
When registering a company, you’ll need to provide the following details:
Company name: Ensure your chosen name complies with legal restrictions and is not already in use.
Company address: A UK-based registered office address is mandatory.
Director’s details: At least one director must be listed, including their full name, date of birth, and residential address.
Shareholders: For a company limited by shares, you’ll need to specify initial shareholders and share allocations.
SIC code: This Standard Industrial Classification code identifies your company’s business activities.
Memorandum and articles of association: The memorandum and articles of association are legal documents outlining your company’s constitution and internal rules.
Persons of significant control (PSC): Identify anyone with significant influence over the business.
Once you have all these details prepared, you can proceed with registration.
How long does it take to register a company?
The time it takes to register a company in the UK depends on the registration method you choose:
Online registration: Standard online registration with Companies House typically takes 24 hours if submitted during business hours. Applications are often processed faster if completed early in the day. If there are no issues or errors in the application, you may receive your certificate of incorporation the next business day.
Postal registration: Paper applications take significantly longer - usually 8 to 10 days, and this can extend during peak periods.
Same-day registration: A same-day service is available if you file your application before 3pm and pay an expedited fee.
Can you speed up the registration process?
Yes, there are ways to speed up the company registration if time is of the essence:
Use the online registration service: Online registration is faster than postal methods. Most applications are completed within one working day.
Opt for same-day registration: By paying an additional fee, you can have your company registered on the same day. Just make sure you submit your application before 3pm.
Avoid errors and omissions: Double-check your application to ensure there are no mistakes, as errors can cause delays. It's important to correctly fill out details about directors, shareholders, and the registered address.
How much does it typically cost?
The cost of registering a company varies depending on the method you choose:
Online registration through Companies House: £50
Paper registration: £71
FAQs
Do I need to register my business straight away?
No, you are not required to register your business immediately unless your turnover exceeds the VAT threshold or you have employees. Operating a sole proprietorship without registering a limited company is common. You must still inform HMRC about your business activity for tax purposes.
How fast can you set up a company in the UK?
The fastest way to set up a company is through online same-day registration, provided you submit your application before the cut-off time. Otherwise, standard online registration usually takes 24 hours.
Final thoughts
Registering a company in the UK is a straightforward process, and most applications are processed within 24 hours using the online service. By preparing your documentation in advance and using same-day options when necessary, you can ensure a smooth and timely registration. Whether you’re launching a start-up or restructuring an existing business, understanding the steps and timelines helps you stay on track and compliant with UK business regulations.
Looking for fast legal help? Get in touch today for a free quote and to see how one of our small business lawyers can help.
References
Set up a limited company step-by-step from Gov.UK