Limited Company Formation

This is essentially registering the existence of the new business and all its details at Companies House. This will give your business credibility, and requires you to appoint a Director who is responsible for running the business.

We will incorporate a company with a name of your choice in 2-3 business hours. We can assist with all HMRC registrations and business banking. Our advisors will provide a personal consultation to discuss the basics of running your own Limited Company.

LIMITED COMPANY FORMATION COSTS

Our Limited Company formation service includes the following:

  • Registration of your chosen company name
  • Preparation of all required HMRC registrations
  • Preparation of a business bank application (please click here for information on business banking)

Our formation fee is £199.99 which we will discount to £19.99 should you choose to engage a recurring service with us.

* Fees are subject to VAT.

Other Services

Company Incorporation

With over 20 years experience in Limited Company incorporation we can have your company set up within 24 hours, the hardest part is thinking of a name.

HMRC Registrations

Corporation Tax, National Insurance, PAYE, Self Assessment and VAT all have to be registered and returns will need to be filled.  1st Option removes this burden and will do it all for you.

Bookkeeping & Payroll

When starting up your business you will want to focus on providing services, we can take care of your bookkeeping and payroll and provide monthly MI to let you know where you are.

Domain, Website & Email

Utilising the IT set up and support through 1st Option you can access a dedicated IT Helpdesk, expert email and domain set up.

Insurance

We can provide information on the relevant insurance required for Contractors, Freelancers and Interims.

Bank Account & Funding

As part of the formation process we can get your business bank account set up for you.
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