Business
Same-day online company formation at Companies House
A private limited company can be incorporated online within 24 hours with no minimum capital. Directors and people with significant control are on the public register, now subject to stricter identity verification.
Key rules
- At least one natural-person director is required; there is no minimum share capital.
- Persons with significant control (PSC) must be identified and registered.
- The Economic Crime and Corporate Transparency Act 2023 introduced mandatory identity verification.
Governing law
- Companies Act 2006
- Economic Crime and Corporate Transparency Act 2023
In practice
Identity verification at Companies House is being phased in, adding a step that used to be near-instant online formation.