Getting Started

Setting Up Your Limited Company Through Xchange Properties

๐Ÿ“Œ Step 1: Choose Your Company Name

Your name must be unique and follow Companies House rules. As you are joining Xchange Properties, We would suggest setting up a name such as “Joe Bloggs – Xchange Properties”

๐Ÿ‘‰ Check if your name is available:
๐Ÿ”— Company Name Availability Checker

๐Ÿ“Œ Step 2: Get Your Company Details Ready

Before registering, make sure you have the following:

  • Company name (from Step 1)

  • Registered office address (can be your home or accountant’s)

  • Details of directors and shareholders (name, address, DOB, etc.)

  • Share structure (e.g. 1 share of ยฃ1 per shareholder)

  • SIC code (what your business does)
    SIC Code: 68310


๐Ÿ“Œ Step 3: Register Online with Companies House

You can do this in about 15โ€“20 minutes. Cost: ยฃ12

๐Ÿ‘‰ Start your application here:
https://www.gov.uk/government/organisations/companies-house

Youโ€™ll be asked to:

  • Choose between Ltd by shares or Ltd by guarantee

  • Add director(s) and shareholder(s)

  • Upload or accept model articles of association

  • Confirm your registered office address

  • Pay the ยฃ12 fee by debit/credit card

Once submitted, your company is usually registered within 24 hours.


๐Ÿ“Œ Step 4: Wait for Confirmation

Youโ€™ll receive:

  • A Certificate of Incorporation

  • Your Company Number (used for taxes and banking)

Save this documentโ€”it’s your companyโ€™s official birth certificate.


๐Ÿ“Œ Step 5: Register for Corporation Tax

You must do this within 3 months of starting to trade as a limited company.

๐Ÿ‘‰ Register here (youโ€™ll need your company number and UTR):


๐Ÿ“Œ Step 6: (Optional) Set Up a Business Bank Account

Itโ€™s best practice to open a separate business bank account for your limited company.

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