Monthly costs of running UK limited company?

Dnb8 · 22-02-2009, 03:01:58 PM

Hello, I live abroad and I want to open UK limited company, I searched many pages but I can't find information about question asked in thread title.
I'm not asking about tax, but something like how much I must pay every month(or week) to UK government just for running company?

accelerator · 22-02-2009, 03:23:53 PM

The relevant website for UK company formation is:

Companies House

see also:

About Us - Guidance

Rgds

stevebrowne · 22-02-2009, 03:58:53 PM

Once you have a limited company, assuming you don't trade at all, I think you just need to pay �15 a year to file your accounts.

Of course, you will probably trade, in which case you will have to account for tax, possibly VAT, and you will most likely have to pay an accountant to do it for you (although if you have the time, you can do it yourself). Then there is national insurance (employers and employees) on anything paid as salary, and don't forget income tax.

So for running a company - �15 per year.

To do anything with that company, you will pay amounts based on %ages of what you actually earn/turnover/pay/profit etc.

Dnb8 · 23-02-2009, 10:50:42 AM

Thanks SteveBrowne, this is what I wanted to know.

Also thanks for links Accelerator.

woopwoop · 23-02-2009, 10:53:15 AM

Also I think you need a UK address don't you to keep a ltd company ?

Skinner · 23-02-2009, 11:42:33 AM

The raw costs accoutants, filing, with minimal trade (i.e. a few K a year) etc is around �400-500 all in. give of take.

retired_member11 · 23-02-2009, 02:10:25 PM

If you want a dormant company then it's GBP 15 p.a. and you just complete the DCA form annually to keep things ticking over.

Otherwise preparing accounts and returns is your annual cost besides actual trading activity.

22-02-2009, 03:01:58 PM	#1 (permalink)
Dnb8 Junior Member Join Date: Sep 2007 Posts: 3 No Classified Ratings Domain Trader Rating: (0% / 0)	Monthly costs of running UK limited company? Hello, I live abroad and I want to open UK limited company, I searched many pages but I can't find information about question asked in thread title. I'm not asking about tax, but something like how much I must pay every month(or week) to UK government just for running company?

22-02-2009, 03:23:53 PM	#2 (permalink)
accelerator Join Date: Apr 2005 Location: England Posts: 4,916 No Classified Ratings Domain Trader Rating: (100% / 31)	The relevant website for UK company formation is: Companies House see also: About Us - Guidance Rgds __________________ LowPrices.co.uk \| My Twitter \| KeyphraseDomains.co.uk \| Mens Shirts \| Hotels in Bath \| Money Off Code

22-02-2009, 03:58:53 PM	#3 (permalink)
stevebrowne Join Date: May 2007 Posts: 853 No Classified Ratings Domain Trader Rating: (100% / 5)	Once you have a limited company, assuming you don't trade at all, I think you just need to pay �15 a year to file your accounts. Of course, you will probably trade, in which case you will have to account for tax, possibly VAT, and you will most likely have to pay an accountant to do it for you (although if you have the time, you can do it yourself). Then there is national insurance (employers and employees) on anything paid as salary, and don't forget income tax. So for running a company - �15 per year. To do anything with that company, you will pay amounts based on %ages of what you actually earn/turnover/pay/profit etc. __________________ Guarantor Mortgage \| Instant Digital Cameras \| SDXC Cards

23-02-2009, 10:53:15 AM	#5 (permalink)
woopwoop Join Date: Jan 2007 Posts: 1,585 No Classified Ratings Domain Trader Rating: (100% / 20)	Also I think you need a UK address don't you to keep a ltd company ? __________________ Connect with me @ TW:LI:FB \| MyWeb \| D/L domains4sale \| Morecambe London Student Forums Student Books UK promotions agencies

23-02-2009, 11:42:33 AM	#6 (permalink)
Skinner Join Date: Jul 2008 Location: Manchester Posts: 2,507 No Classified Ratings Domain Trader Rating: (100% / 13)	The raw costs accoutants, filing, with minimal trade (i.e. a few K a year) etc is around �400-500 all in. give of take. __________________ Browse:

23-02-2009, 10:50:42 AM	#4 (permalink)
Dnb8 Junior Member Join Date: Sep 2007 Posts: 3 No Classified Ratings Domain Trader Rating: (0% / 0)	Thanks SteveBrowne, this is what I wanted to know. Also thanks for links Accelerator.

23-02-2009, 02:10:25 PM	#7 (permalink)
retired_member11 Join Date: Mar 2005 Posts: 974 No Classified Ratings Domain Trader Rating: (100% / 1)	If you want a dormant company then it's GBP 15 p.a. and you just complete the DCA form annually to keep things ticking over. Otherwise preparing accounts and returns is your annual cost besides actual trading activity.

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