What a UK company really costs
Government fees
| Item | Fee |
|---|---|
| Company registration (online) | £100 |
| Same-day registration | £156 |
| Confirmation statement, every year | £50 |
The costs after registration
- Registered office address. Every UK company needs a UK address. Address services charge a yearly fee.
- Yearly accounts and the corporation tax return. They are compulsory even with no income, and most owners need an accountant. This is the largest yearly cost.
- Corporation tax. 19% of profit up to £50,000, rising to 25% on higher profit.
- Payment account. Opening Wise Business or Stripe has little or no setup cost, then a fee on each payment.
What it costs to get it wrong
| Accounts filed late by | Penalty |
|---|---|
| Up to 1 month | £150 |
| 1 to 3 months | £375 |
| 3 to 6 months | £750 |
| More than 6 months | £1,500 |
The penalty doubles if the accounts are late two years in a row. A late corporation tax return adds £100 or more, and a company that stops filing can be struck off the register.
Tachkeel packages
| Package | First year | Each year after | For yearly income |
|---|---|---|---|
| Launch | $1,890 | $1,290 | Up to $30,000 |
| Growth | $2,490 | $1,690 | $30,000 to $120,000 |
| Global Elite | $3,490 | $2,490 | Above $120,000, or with VAT |
Each package includes the government fees, formation, identity verification, a London registered address, the payment account application, yearly accounts, the corporation tax return, the confirmation statement and the client platform. Corporation tax itself is paid by your company to HMRC and is not part of our fee.
Why not a £50 formation offer
That price covers the registration only. The address, the accounts, the tax return and the deadlines stay with you, and that is where the penalties come from. If you can handle UK filings yourself, the cheap route works. If you cannot, the first late filing costs more than the difference.
We form your UK company, apply for your payment account and handle the accounting. Packages from $1,890.
Talk to us on WhatsAppSee packages and pricesCommon questions
What is the minimum yearly cost of a UK company?
The confirmation statement (£50), a registered address, and the preparation of the yearly accounts and tax return. With Tachkeel, renewal starts at $1,290 a year and covers all of these.
Are government fees included in Tachkeel's prices?
Yes. Registration and the confirmation statement are included. Corporation tax on your profit is paid by your company to HMRC.
Do I pay if the company has no income?
There is no corporation tax without profit, but the yearly filings and their costs still apply.
Can I pay in instalments?
Yes, on Growth and Global Elite. Ask on WhatsApp.
More guides
Sources: Companies House fees (GOV.UK) · Corporation Tax rates and allowances (GOV.UK)