UK limited companies - a basic guide.

Setting up 

At Chalfen we can register your company within a matter of a few hours or provide you with an existing structure already created and ready for you to define its final parameters.

The basic requirements are :

ONE director (if there is a sole director it can only be a natural person).

A company secretary - discretionary, but can have procedural advantages.

A registered office in England or Wales (or Scotland if registered there).

A minimum of ONE shareholder.

Now you have a structure, you will need to consider the following: -

  • Banking.
  • VAT.
  • Accounting.
  • Corporation Tax.

Our Business Support facilities are there assist you with all of these requirements.


We have relationships with many of the standard banking institutions and can make an introduction on your behalf or we can open and operate a bank account for you.


We have a team available in-house to provide you with a complete package of services to assist you with everything from creating a payroll system, registering for PAYE and NI to offering you a complete managed service tailored to your needs.


Should your turnover require you to register for VAT or should you wish to register voluntarily our team can take you through each step or again provide you with a complete managed service tailored to your needs.

Annual Accounting

We have our own in-house facilities for providing you with a complete annual accounting service and we utilise a team of registered accountants if you prefer to deal with someone in your immediate vicinity.

Corporation Tax

Following the preparation of your annual accounts we can advise you on all the procedures for the payment of your corporation tax where applicable.


Chalfen Corporate Limited Chalfen Corporate Limited 19 Leyden Street, London E1 7LE +44(0)20 7729 8222