What are the legal requirements for starting a small business in the UK?

Starting a small business in the UK involves several steps: determining your business structure (e.g., sole trader, partnership, limited company), registering your business name with Companies House, obtaining a Unique Taxpayer Reference (UTR), and if applicable, registering for Value Added Tax (VAT) if your turnover is above the threshold. Depending on the industry, specific licenses or permits may be required. Complying with relevant national and local regulations is also crucial. Our business setup professionals can provide step-by-step guidance.