How do I register my business?

In our quick guide, we'll explain the steps to register your business.

By Chris Andreou
Last updated
May 29, 2024
Free business accounting consultation for contractors, freelancers, self employed and limited companies

Speak to an accountant

Get a free 20 minute consultation about starting your business

Limited company accounting from £75

How do I register my business? guide
How do I register my business? guide

Registering as a Sole Trader:

To register a business as a sole trader, you need to:

Sole Trader responsibilities

Once you’ve registered, you need to fulfil your responsibilities as a sole trader. These include:

  • Keeping records of your sales and expenses
  • Submitting a Self Assessment tax return each year
  • Paying income tax and National Insurance Contributions

Registering as a Limited Company:

To set up a limited company, you need to:

  • Decide what type of limited company you need
  • Choose a business name
  • Choose how to set up your limited company
  • Complete the company formation process
  • Open a business bank account
  • Inform your stakeholders
  • Get your VAT registration or transfer sorted out
  • Set up your payroll
  • Update your company details
  • Get your books sorted out

Registering as a Business Partnership:

To set up a business partnership, you need to:

  • Choose a business name
  • Choose a ‘nominated partner’
  • Register with HMRC
Small business owner creating a Limited Company
Registration, tax and limited company accounting support from £75/mo

We can help you with registering a limited company, take home pay, London business address, a dedicated accountant, accounting software and all your company filing from only £75/mo.

Read more Limited Company guides