Set up a new company online, in a few simple steps, from £14.00 (inc VAT)
with help from our professionals if you need it and no hidden charges.
Authorised by Companies House since 1999
*Bank referral and other 3rd-party offers vary, are subject to availability and status. Providers terms and conditions apply. †Accounting Software offer made after purchase but can be applied for upon request via email to email@example.com. No purchase neccessary. Subject to availability. Providers terms and conditions apply.
Trusted Formations is part of Murphy Thompson Moore LLP which was formed in 1995 and since then, has evolved from purely a company registration agent, to providing professional services to a wide range of company, leasehold and accounting clients.
We work hard to ensure all our clients, from young freelancers to experienced entepreneurs, all receive excellent service and pride ourselves on the valuable support and advice we provide to clients.
Visit mtmaccounting.com or mtmlegal.co.uk for more information.
A 'company' is a legally recognised entity formed by individuals to engage in and operate a business. These may be structured and organised in different ways (depending on the nature of that business and its objectives) for different tax and liability purposes, depending on the laws of the jurisdiction it operates within.
Subsequently, there are several different kinds of companies that can be created in the UK - where each entity must be 'registered' or 'incorporated' (or 'formed') at Companies House to help ensure the business operates within UK law. How you set up your business depends on what sort of work you do and can affect the way you pay tax or even get funding.
There are four 'standard' types of company structure in the UK;
There are also a handful of more specific, 'non-standard' limited company types that can be formed in the UK with particular structures suited to entities with particular business models, namely;
If you contact the friendly experts at Murphy Thompson Moore LLP, we can advise which kind of company that you wish to register will most suit your particular needs. We've provided handy summaries below of the most usual kinds of Company we incorporate and have been forming on behalf of Clients since 1995.
A Community Interest Company (CIC) is a limited company, with special additional features, created for the use of people who want to conduct a business or other activity for community benefit, and not purely for private advantage.
The CIC is a vehicle designed for ‘social enterprises’ which want to use their profits and assets for the public good. CIC’s will report to the regulator on how they are involving stake holders and their activities
This type of company can be adopted by a range of social enterprises and ‘not-for-profit’ projects serving communities throughout the UK, which combine the pursuit of a social purpose with commercial activities.
An organisation must choose whether it wishes to register as a CIC or a registered charity. CIC’s are more lightly regulated than a charity, but do not have the benefits of charity status even if the nature of their activities appear to be charitable in nature.
TYPES OF CIC COMPANIES: CIC Limited by Shares. CIC Limited by Guarantee. PLC CIC
NUMBER OF DIRECTORS: Minimum of 1 (min 2 for Guarantee and PLC)
SECRETARY REQUIRED: Not compulsory (required for PLC)
SHAREHOLDERS: Minimum of 1
CORPORATE OFFICERS: Permitted as an additional director
The CIC Regulator must approve applications to form a CIC and has a continuing monitoring and enforcement role. A company cannot become a CIC if it is, or intends to be, a political party or a political campaigning organisation (or a subsidiary of either). In addition, a CIC cannot be a charity.
CIC’s cannot be registered electronically and registrations take approximately 10-14 days to incorporate. Call us on 0161 835 2080 or register for assistance here.
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Click selected image above for more info about or to order that company registration package or click HERE to read about all the kinds of company formation we can assist you with, including incorporations that cannot be performed online.