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Why Incorporate?

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Pay Less Tax

LTDs pay an income tax of just 20 % (Corporation Tax). At higher income thresholds, the company pays less tax than a self-employed individual.


Limited Liability

If the company goes bankrupt, someone files a lawsuit or you accumulate debt, you don’t risk losing anything but the companies assets.

Government Support

The companies founded in the UK get aid from the government in form of grants, low interest credits and other types of benefits and assistance.

Questions You May Want to Ask

What should I choose: LLP/LTD or sole trader?

Both the LTD and LLP have their advantages and disadvantages. (This isn’t a subject that we can explain in 3-4 sentences). The best course of action is to phone us or leave your contacts below. We will gladly answer all your questions.

Can I do incorporation myself?

Usually inexperienced entrepreneurs don’t have the necessary experience to determine the optimal structure for their needs. Also if you plan to form a LTD you will need the memorandums and some other papers which we have available for all our clients.

Why should I form a company with Taxace?

✅ We are accredited by the Companies House and have an excellent track record of incorporation for hundreds of companies.
✅ Right from the start you get high end consulting that will help avoid lot of accounting and taxation mistakes.
✅ You will have a priority in receiving our accounting services from here on out

New Company in Three Steps


You have to decide first what kind of company you want to form – LTD, LLP or other entity. 90% of the time we recommend incorporation as LTD


Choose a company name and we will check if it is available.


If it is then we are going to need your passport and for you to make a payment. In three hours you will have a registered company.

Opportunity to Open a Business Bank Account

TIDE is a digital bank that offers multiple benefits:

– possibility to issue invoices directly from the app
– automated categorisation of business expenses
– up to 25 cards for team members
– no monthly charge
– easy onboarding with no need for interviews and paperwork
– possibility to add extra accounts (for ex. savings, taxes, etc)
– automated integration with XERO accounting software

If you open a business account using our help, you get all that plus two extra benefits:

– Your transfer fees are waived for the first year
– You are placed in the priority queue when applying for a business account. 

In Clients' Words

Request a Call Back in Regards of Your Company Formation

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