If you use the right lawyer it should not cost you more than £500 to set up a company.
We have a ltd company which we set up last year at a cost of £400.
Some lawyers will try to rip you off so get quotes before you settle on one.
It onlytook about 4 weeks to get our company registered so again I think it depends on the solicitor you use
You can use a different name as your trading name, as long as all official documents invioces etc are in the registered companies name.
For example we have a website selling property but the government didnt accept the name for our registered name so we eventually settled for the ltd company name including our surname. This is normal practice over here so you can use a pretty name for your school and your own name eg Mary Smith dancing school for your registered name.
Hope this help you
There is a link to our solicitor on our website if you wish to contact them for more advice. Look under Finance and Legal. You will find there details there
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