Launch your UK
startup today

GoSolo is a business toolkit for busy founders. We will launch your UK company, open your business account and help you to succeed with your startup. Available globally to everyone.


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Register your company, get a business account and manage your business - all in one place

Company
UK company formation
Account
GBP business account & MC Business Debit
Address
Serviced virtual business address
Tools
Get paid fast, stay informed

Startups are hard enough, we make your journey easier


Everything you need to start and run your UK startup:

  • Form a UK Limited company to apply for grants, funding and protect your Intellectual Property
  • Secure a GBP Business Account with Mastercard┬« contactless Debit Card to operate your startup
  • Get a virtual London business address to have a legal & trade base in the UK
  • Tools and Partner discounts to save you time and money
  • Available online everywhere, founders can be based internationally
Join today
GoSolo is available on web, iOS and Android. Ready when you are.
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Open your startup business account


You launch your startup to change the world, we take care of the setup and operations

  • Get going in minutes, registration is fast and simple
  • Trusted by founders from over 65 countries
  • Be part of startup community and have a say in our development roadmap
  • 24/7 access via mobile and web apps
  • Launch faster, and grow easier with relevant business tools and discounts
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Startup communities
We are part of some of the most dynamic UK and global startup communities

Business bank account FAQ's

How much does it cost to open business account? What fees do you charge?

For current and most up-to-date details about the costs, please refer to our pricing page.

Can I open a UK business account from overseas?

Yes, you can. GoSolo is available to founders and entrepreneurs from around the world. 

GoSolo provides the UK company formation for non-residents with a business account. 

We are currently accepting users from 90 countries around the world, including:

  • The United Kingdom
  • The European Union
  • India
  • Israel
  • Hong Kong
  • Australia and New Zeland
  • Singapore and Malasya
  • The United States
  • Ukraine 

Can I pay internationally or accept payments from abroad?

We are working hard to bring you international payments and currency exchange as soon as possible directly from the GoSolo app, but these features are not available yet.

In the meantime, you can use alternative services such as Payoneer or Paysend or Wise to send payments abroad.

What is the limit on bank account transfers in GoSolo?

Limit on making payments using online banking is £50,000 per transaction. Inbound payments are limited to under £50,000 per transaction.

What do I need to open a GoSolo business account?

Before opening a business account with GoSolo, please check that you match the following criteria:

  • You have a Limited company registered on Companies House
  • Your Company is Active
  • You are a single Director and also a single Owner of the company
  • There are no other Owners or Directors
  • You are resident in one of the 90 countries supported by GoSolo and can prove this by providing several of the following documents posted to you recently: utility bill, council bill, bank statement or tax return
  • You have a valid ID document which we can compare against your selfie video

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

If you live in the United Kingdom

  • a valid government-issued photo-ID document (Passport, Driving License, BRP), and
  • proof of your UK address (council tax, utility bill, bank statement), must be issued in the last 3 months

If you live outside of the United Kingdom

  • Two valid government-issued photo-ID documents (Passport, Driving License, or similar), and
  • Proof of your local address (we prefer a personal bank statement), Issued in  ENGLISH, with your name matching the name on the ID and the document issued in the last 3 months
  • In some cases, we may have to complete additional checks in order to process your application
  • Pay a £250 application fee. If your application is not successful, we will refund you the money

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

Do you have a mobile app?

GoSolo Business Accounts Mobile Apps allow you to manage your account on the go. GoSolo Business Account is available on Web, iOS and Android app.

Can I set up a business account online?

With GoSolo you can open a business account online as well as register an LTD company. Actually, you get everything you need to start your business and even more. We have web, iOS and Android mobile apps to manage your business account. As an additional free service we provide multi-company access, you can send invoices and get paid directly in the GoSolo app, EFT payments, GoSolo partner offers and other useful services.

Can a non-resident have a business account in the UK?

You do not have to live in the UK to register as a Limited Company and open a business account. There are no legal restrictions that stop non-UK residents from opening a UK business bank account.

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.

What countries does GoSolo support?

GoSolo offers business accounts only for UK-based and UK-registered companies. We can also register a new company in the UK for you.

If you live outside of the UK in one of the following countries, we can open a new company and/or open a business account in the UK for you:

Aland Islands, Andorra, Argentina, Armenia, Australia, Austria, Belgium, Bhutan, Bulgaria, Canada, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Ivory Coast, Croatia, Cyprus, Czech Republic, Denmark, El Salvador, Estonia, Falkland Islands, Faroe Islands, Finland, France, French Guiana, Georgia, Germany, Greece, Greenland, Guadeloupe, Vatican City, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, South Korea, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Martinique, Mayotte, Micronesia, Moldova, Monaco, Netherlands, New Caledonia, New Zealand, Norfolk Island, Northern Mariana Islands, Norway, Oman, Peru, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Rwanda, Saint Barthelemy, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Eswatini, Sweden, Switzerland, Taiwan, East Timor, Tokelau, Ukraine, United Arab Emirates, United Kingdom, United States, Vietnam, Wallis and Futuna.

If the country where you currently reside is not on the list, please leave your details here and we will contact you once our service becomes available for your country.

Do you have Direct Debit on GoSolo accounts?

Direct Debit is not part of the initial GoSolo offering. We are constantly making changes to GoSolo and are going to deliver Direct Debit soon.

How quick can I set up a business account?

To open a business account in GoSolo you need 10-15 minutes to pass onboarding and if all is OK you will get a business account the same or the next day. Once your business bank account is open, your card will be dispatched to your selected address. It may take up to 10 working days to arrive.

Can you help with accounting?

We have partnered with more than 50 accountancy firms. Please contact us via our chat or support and we may be able to recommend you one of them.

Can I create and send invoices?

Yes. You don't need to figure out what information to include and how the invoice looks. In GoSolo you can issue and email invoices within a simple, guided 3-step process.

What are the legal documents that I will receive after company formation?

You will receive official (model) Articles of Association and Certificate of Incorporation. These documents are approved by Companies House. They are not apostilled.

Can I reconcile invoices against the payments received?

When you receive a payment on your GoSolo account, the system will check its reference and amount. If there is a corresponding unpaid invoice, GoSolo will automatically match it with the payment received.