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Preparing to Set Up Your Limited Company

Preparing to Set Up Your Limited Company

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Preparing to Set Up Your Limited Company

53 pagine
32 minuti
Apr 8, 2015


Learn how to form a limited company for freelancing, contracting, or for your small business with this easy to understand, step-by-step guide.

Authored by the team at the accountancy firm inniAccounts, it contains a wealth of experience, knowledge and practical advice gained from supporting small businesses owners like you.

Download this book today and you'll learn: how to choose a name for your new company; how best to appoint directors and shareholders; how to protect your personal privacy; how to choose an accountant; how to form your company; how to open a business bank account and much more.

Apr 8, 2015

Informazioni sull'autore

inniAccounts provides a complete accountancy service for contractors, consultants and small businesses in UK. From starting your own company right through to running your business smarter, we’re here to support you. We’re a dedicated team of ex-contractors and freelancers that wanted to build a smarter accountancy service for businesses like our own, and that’s how inniAccounts was born. Since 2005, our team of highly qualified accountants, account managers and developers have been working hard to keep our end-to-end accountancy service ahead of the pack. Our online app ensures you spend minutes instead of hours keeping your finances up to date, our market-leading LiveCash facility ensures you know how your business is doing in real time. Our accountants take care of all the things you’d expect a top-notch accountant to take care of.

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Preparing to Set Up Your Limited Company - inniAccounts



Hello from inniAccounts,

Starting a limited company is an exciting time and can be a little daunting. We’ve produced this guide to help you navigate the process with as little fuss as possible – just like how we think accounting should be.

We wanted to let you know a little bit about us before you dive into this guide and hopefully we’ll get to know more about your business when you’re ready to take the first step in setting up your own limited company.

Who are inniAccounts?

We’re an accountancy firm who offer a pioneering accountancy service, built around company owners and their busy lifestyles. We’re particularly unique because our founders were all contractors, freelancers and business owners before starting inniAccounts, so we understand what a difference a brilliant accounting service can make to your business. That’s why we developed an innovative online accounting app and processes to deliver a level of support that’s unprecedented in the accountancy industry.

As you read this guide you’ll be drawing upon our team’s experience of helping hundreds of contractors, freelancers and entrepreneurs start their own companies: we do hope you find it useful.

Let us help you get started

Once you’ve decided to start out in business, please do get in touch with our team. They’ll be happy to talk you through the process, advise you on the best company structure to meet your goals, plus they’ll also take care of forming your limited company. Once your company’s up and running our fixed-fee accountancy service will cover all of your company’s accountancy needs – so you can focus on growing your business, not balancing your books.

But that’s enough about us! We hope you find our guide useful in taking the first steps to working for yourself. We look forward to helping you get started.

Matt Poyser

Co-founder, inniAccounts


When looking to start out as a freelancer or contractor, forming a limited company is often the first step in the process. Setting up a limited company can sound overwhelming, but the steps are relatively simple to work through and you can also opt to use a company formation agent. It’s a service that many accountants and specialist companies provide. This simple guide will walk you through each stage so that you can make an informed decision about whether to form the company yourself or use an accountant or another service provider to do this for you.

Either way, you’ll have all the information that you need to incorporate your limited company and get up and running in no time.

Company formation checklist

Choosing a company name

Is it fewer than 160 characters including spaces and name endings?

Does it contain any restricted, offensive or sensitive words?

Is the name already registered at Companies House?

Does it contain words that when

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