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FREE company formation and business bank account

Breeze through your limited company formation and open a business bank account in minutes

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Limited
Congratulations! Your company name: is available! You are welcome to register the company and open a free GoSolo business bank account here emoji rocket
is already registered. If you are the owner and director of you are welcome to open a free GoSolo business bank account here.
Otherwise, please try another name emoji pencil

Authorised by:

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Form a limited company in minutes*

* In less than 10 minutes, to be exact

  • Completely free of charge
  • Authorised by Companies House within 5 days
  • Use photo ID, proof of address and a selfie video to get started
  • Try it now
GoSolo app is available on web, iOS and Android. Ready when you are.
Choose your preferred platform.
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Register a limited company

  • Officially start your business by registering a limited company in the UK
  • It’s FREE, with no commitments or hidden costs
  • Includes a business bank account and Master Card Debit card from GoSolo
Open your company for free
Company formation FAQs
How much does it cost? What fees do you charge?

At this time we are not charging any fees: neither for . GoSolo business bank account is free for its first 500 users. Also, you will not be charged for opening Limited Company. As a side note, if you plan on registering your Limited company using GoSolo service and you are one of the first 500 users, you will not be charged. You can find more information about pricing here.

What do I need to register a Limited company via GoSolo?

There is detailed information about new Limited company registration in our blog How can I register my company with GoSolo?

https://gosolo.net/blog/post/how-to-set-up-a-private-limited-company-ltd-with-gosolo

Is it safe to use GoSolo?

GoSolo is authorised by the FCA and completed all the necessary compliance checks to be authorised as an e-money agent. Although we cannot offer FSCS deposit protection, your money is 100% safe in a ring-fenced account of a Tier 1 UK Bank. Ring-fenced means that we don't have access to it and cannot move or use it somewhere, you are always in total control.

What is the share structure for a newly registered company, opened using GoSolo service?

If you register a company via GoSolo, the default share structure is 100 shares for the total value of £100.

All shares issued are non-redeemable and rank equally in terms of each of:

  1. Rights to take part in all approved dividend distributions
  2. Voting rights – each share being entitled to one vote
  3. Rights to participate in any distribution of capital on winding up of the company.
Is setting up a limited company right for me?

Sole traders have unlimited liability - meaning that they are personally liable when things go wrong. A sole trader may also be less tax-profitable than setting up a limited company. But still a sole trader is the most common legal structure for private entrepreneurs in the UK.

We recommend you read more about different factors that can help you to make a choice on our blog The Pros and Cons of Freelancer vs Limited Company