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Limited Company

Setting up a limited company marks an exciting (often daunting) milestone for any new business. The section provides step-by-step guides to walk you through the entire company formation process. For even more guides, try Limited Company Help.

Set up a company

  • Set up a limited company
  • What is Companies House?
  • Articles & Memorandum of Association
  • New Companies House rules (Mar 2024)
  • Limited company advantages
  • Limited company expenses
  • What are the IR35 (Off-Payroll) rules?

Company tax & accounts

  • What is corporation tax?
  • Set up and run your company payroll
  • Confirmation statement & PSC register
  • Annual accounts for limited companies
  • Best salary & dividend split
  • How are dividends taxed?
  • Tax-efficient ways to pay yourself

More company guides

  • Shareholders’ agreement
  • Choosing an accountant
  • Directors vs shareholders
  • Director responsibilities & duties
  • Limited company vs. sole trader
  • Income protection for directors
  • Life cover for directors
Guide to insolvency, liquidation and bankruptcy for business owners

Guide to insolvency, liquidation and bankruptcy for business owners

April 7, 2024
Running out of cash can have grave consequences for your business. It could result in it being put into liquidation or you being declared bankrupt.
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limited company naming

Choose a limited company name – rules you need to know

January 29, 2024
Before you set up a limited company, you need to choose a suitable company name. Here we look at some important naming rules you need to know.
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companies house changes march 2024

Directors – be aware of new Companies House rules in 2024

January 24, 2024
Companies House is implementing sweeping reforms to clamp down on financial crime and improve corporate transparency. How are limited companies affected?
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small business corporation tax

How much has the April 2023 Corporation Tax rise cost you?

January 22, 2024
How does the post-April 2023 Corporation Tax (CT) regime work, and how much more tax small limited companies now pay as a result of the tax rise?
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shares issue shareholders

Issuing new shares in your limited company explained

August 20, 2023
As a limited company owner or director, one way you can raise capital, reward employees or facilitate expansion is by issuing new shares in your company.
Read More

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Brand new ByteStart guides
  • Accounting deadlines every self-employed person should know
  • Public liability insurance for sole traders (when you need it and when you don’t)
  • How to successfully start a small business in the evenings



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