Starting out

Company formation done properly

Starting a limited company? We'll incorporate it correctly, register you for the right taxes, set up a sensible share structure and give you a clear plan for a smooth, compliant first year.

Setting up a company at Companies House takes minutes - but doing it right takes a bit more thought. The wrong share structure, a missed HMRC registration or no plan for tax can cost you far more than the £50 filing fee ever saved.

TaxMag sets you up the right way from day one. We form the company, register it for Corporation Tax, PAYE and VAT where needed, and sit down with you to explain how to pay yourself, what records to keep and which deadlines matter - so you start on solid ground.

What's included

Company incorporation

We form your limited company at Companies House with the correct details and documents.

Share structure advice

The right shares and shareholdings for you - important for tax, dividends and future plans.

HMRC registrations

Corporation Tax, and PAYE or VAT where relevant, all registered for you.

Registered office guidance

Advice on registered office and director service addresses to protect your privacy.

First-year roadmap

A plain-English plan of what to file and when across your first 12 months.

Salary & dividend plan

How to pay yourself tax-efficiently as a new director.

Ideal if you're…

  • Going limited for the first time
  • A sole trader ready to incorporate as your business grows
  • A contractor setting up a personal service company
  • Two or more people starting a business together
  • Wanting it set up right rather than rushing it yourself

How it works

  1. Plan the structure

    A quick chat about directors, shareholders and how you want to run and pay yourself.

  2. We incorporate

    We form the company at Companies House and send you your certificate and documents.

  3. Register for taxes

    We set up Corporation Tax and any PAYE or VAT you need with HMRC.

  4. Start with a plan

    You get a clear first-year roadmap and an accountant on hand whenever questions come up.

Company formation - your questions

Should I be a sole trader or a limited company?

It depends on your profits, your plans and your appetite for admin. A limited company can be more tax-efficient and limits your personal liability, but it comes with more filing. We’ll talk it through honestly and recommend what genuinely suits you - not what earns us the most.

How long does it take to set up a company?

The incorporation itself is usually done within 24 hours. Getting your tax registrations and banking in place takes a little longer, but we’ll have you fully up and running quickly.

Can I use your address as my registered office?

We can advise on registered office and director service address options so your home address stays off the public record where possible. Ask us about this during setup.

What do I need to do after the company is formed?

You’ll have annual accounts, a Corporation Tax return, a confirmation statement and possibly payroll and VAT to manage. That’s exactly what our ongoing packages cover, so nothing catches you out.

Starting out

Start your company on the right foot

Let's set up your limited company properly - incorporation, tax registrations and a clear plan for year one.