If you decide to set up your own limited company then you’ll need a business bank account to separate your personal and business finances . It may sound like a lot of hassle but our quick guide shows you what you need to do.

Opening a Limited Company bank account is easy:

• Shop around for your bank account – don’t just take the convenient route and go with the your current bank as this may not be the best deal.
• Look for banks with a strong reputation to ensure that your money is safe.
• Pay attention to account interest rates as these can hugely vary.
• Go for a bank that has a specialised small business unit. The set up process is likely to be simpler and more informative.
• Check to see if your bank has online banking and if it’s easy to use.
• Set up a business account.

You will need:

1. Your Certificate of Incorporation with limited company name and number.
2. Your passport and/or driving license to prove your identity
3. Recent utility bills and bank statements

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