Checklist
Everything it takes to get a company properly set up — in order, with the things you can’t start yet marked as waiting rather than hidden.
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1. Decide
0/4Where you incorporate, and as what.- Choose the countryWhere the company is registered drives its tax treatment, filing obligations and who has to be resident.Not startedYou
- Choose the entity typeThe vehicle determines liability, how profits are taxed, and what investors can buy.Not startedYou
- Check the name is availableRegistries reject names that conflict with an existing registration or use restricted words.Not startedYou
- Agree directors, shareholders and share splitWho holds what, and who is legally responsible for the company's filings.Not startedYou
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2. File
0/4Get the company legally into existence.- Verify the identity of directors and beneficial ownersIncreasingly mandatory — in the UK it has been compulsory for new directors and PSCs since 18 November 2025.Not startedYou
- Prepare the constitutional documentsArticles or constitution, plus whatever incorporation form the registry requires.Not startedYou
- File with the registrySubmission of the incorporation application and payment of the filing fee.Not startedFounding
- Receive the certificate and company numberThe company legally exists from this point and can contract in its own name.Not startedThe registry
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3. Bank
0/2Somewhere for the money to land.- Open a business bank accountRequires the company number, so it cannot start until incorporation completes. Some countries require a director to attend in person.Not startedYou
- Connect a payment processorNeeds a settlement account, so it follows the bank account.Not startedYou
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4. Register for tax
0/3Tell the authorities the company exists.- Register for corporation taxJurisdiction-specificDeadlines differ by country — the UK allows three months from starting to trade. Check the country guide.Not startedYou
- Assess sales tax registrationVAT, GST or equivalent. Mandatory above a threshold; voluntary registration below it often allows input tax to be reclaimed on startup costs.Not startedYou
- Set up payroll before the first salaryPayroll registration is generally required before paying anyone, including yourself.Not startedYou
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5. Keep the books
0/3The recurring obligations that start immediately.- Choose accounting softwarePick something your accountant already works in and that supports your country's filings.Not startedYou
- Appoint an accountantLocal to the country of incorporation, since the filing obligations are local.Not startedYou
- Diarise the annual returnAnnualMost registries require an annual filing whether or not the company has traded, and charge a penalty for missing it.Not startedYou
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6. Protect
0/3The founder paperwork that is cheapest to do early.- Assign pre-incorporation IP to the companyWork done before the company existed belongs to the individual who did it until it is formally assigned.Not startedYou
- Put a shareholders' agreement in placeGoverns transfers, deadlock and what happens when a founder leaves. Relevant from the second shareholder onwards.Not startedYou
- Agree founder vestingSets out what equity a founder keeps if they leave before an agreed period.Not startedYou
Not sure a step applies to you?
The checklist is generic to your country and entity type. It can’t know your circumstances, and it isn’t legal or tax advice.