How do I register online?
Setting up a company online may sound like an overwhelming task, but with the help of a company formation agent like Easy Digital Company, this can be done in just a few simple steps.
As a company formation agent, we help you register your business as a limited company with Companies House, meaning that it is legally incorporated. This process involves selecting a company name, adding your company information, understanding what documents and records you will need to keep for your company, and making it official!
Formation agents like Easy Digital make this process easy and straightforward by handling incorporation on behalf of the business. We also support companies with filing their first confirmation statements and year end accounts through the customer portal, which is automatically set up when you register with one of our incorporation packages.
What does it mean to be a limited company?
If you are unsure about what a limited company is, here is a little more information. A limited company can either be limited by shares or limited by guarantee. When registering as a limited company, it becomes legally separate from those who run it, meaning that your personal and business finances are separated. The main difference between a limited by shares company and a limited by guarantee company is that a limited by shares company is allowed to keep the profits after paying tax, whereas a limited by guarantee company must invest its profits back into the business.
What are the benefits of incorporation?
There are a number of positives to incorporating your business into a limited company, one of the main ones being that it offers you some financial protection. As stated previously, being a limited company means that your personal and business finances are separated, so, if in the unfortunate event of your company becoming insolvent (meaning you cannot pay any debts that you owe), then you are not liable to pay the debts yourself from your personal bank accounts, unless there are extenuating circumstances (such as fraud).
Register Your Company Online with Easy Digital
Follow our step-by-step guide outlined below to use Easy Digital Company as your formation agent
Step 1: Select A Name.
- Use our company name checking tool to find out if your name is being used by another business and that it aligns with the governments’ rules and regualtions for company name selection. See our article on choosing a company name for registration for more guidance.
- Once you have selected an available name, you will be prompted to move onto the next stage of online incorporation.
Step 2: Add Your Company Information.
- Now you will need to input the Company information, which will include the company address, the email address associated with the company, the principal activity of the company, and the number of shares or guarantors.
- When regsitering with Easy Digital Company, you will be given the opportunity to choose an official business address to keep your personal address separate and unavailable to view on the Companies House website.
Step 3: Choose A Director.
- At this stage you need to appoint a Company Director who is in charge of managing the activities and finances of the business, and ensuring that all the required filings are completed. You can choose to appoint yourself as the director, but it't not a statutory requirement.
- You will need to have the director’s information in order to proceed to the next step, which may include their name, date of birth, place of birth, nationality, phone number, address, and also either their passport or national insurance number.
- If you wish to appoint a company secretary as well, you can do that during this step of incorporation.
Step 4: Prepare Related Docs
- When you incorporate with Easy Digital, we create a memorandum of association and the articles of association on your behalf, which are available to download from the customer portal at any time after you have finished company registration. A memorandum of association is a document explaining the companies’ principles and objective, whereas the articles of association outlines the operations of the company, meaning how the business will be run on a day-to-day basis.
All Done! Once you have completed the above, you have successfully incorporated your business.
Dont Forget Your Follow Up Filing Requirements!
It is important to note that you must file a confirmation statement to Companies House annually from either the date your company was incorporated, or the date you filled in your last confirmation statement. You can find out when yours is due by accessing your customer dashboard on the Easy Digital Company customer portal, which sets notifcations for you to easily see when you need to file on time and avoid unneccessary fines. Begin your incorporation journey here using our company name checker.
