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Requirements to set up ltd company
UK limited companies have very few requirements or restrictions which is what makes them a simple yet flexible solution for many businesses.
The very minimum requirements are:
» There must be at least one director appointed
» All directors must be at least 16 years old
» The company must have a registered office address in the UK. For companies registered in Scotland the address must be in Scotland and likewise for companies registered in England and Wales the registered address must be in England or Wales.
» The chosen company name must not be exactly identical to any other company name currently held on the register at Companies House
» The company must issue a minimum of one share at the time of incorporation.