An Introduction to Company Formation in the UK

When it comes to company formation in the UK there are a few things that you need to know. In this article we will outline the basics of company formation and what you must do to get your business off the ground. So, whether you are thinking of starting a new business or just want to learn more about company formation, keep reading!

What is Company Formation?

The formation of a company generally refers to the process of incorporation, which is the legal process used to create a new company. Incorporation creates a new legal entity that has certain rights and responsibilities that are distinct from those of its owners.

To form a company you typically need to register it with the relevant government agencies. The Agency responsible for registering companies in the UK is Companies House. Once your company is formed you can obtain a business bank account, hire employees and start operating your business.

See more at https://help.uniwide.co.uk/an-introduction-to-company-formation-in-the-uk/