Setting up a business in the UK is a quick and simple process – you will be able to start trading in less than three weeks. The minimal level of paperwork involved means the average time for a company to be brought legally into existence is just 20 days, compared with an average of 30 days across the rest of Europe.
While there is no obligation to seek professional advice to form a company, it is recommended especially as the type of company that is formed will impact on the level of the director’s liability.
The information provided on these pages is for general guidance only and no responsibility is taken for omissions or errors, or the results obtained from the use of this information.