Yes, it is incredibly easy. The hardest part is thinking up of a company name. I set one up for when I considered contracting, but I ended up never using it.
Make sure you update your accounts with HMRC on time though, the fees can become quite large if you forget. This is where having an accountant would come in handy. You have to do this even if the company is dormant.
If you do find yourself in a position where there are a lot of fees, you have the option of just closing the company and they go away (unless you re-open the company).
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Make sure you update your accounts with HMRC on time though, the fees can become quite large if you forget. This is where having an accountant would come in handy. You have to do this even if the company is dormant.
If you do find yourself in a position where there are a lot of fees, you have the option of just closing the company and they go away (unless you re-open the company).