Registering your new business?
Up to 42 days interest-free on card spend
Once you've registered your new business with Companies House†, a Capital on Tap Business Credit Card is the spend solution you need to bridge cash flow gaps and fund your business.
No annual, FX, or ATM fees
Go further with credit limits up to £250,000
Trusted by over 200,000 businesses
Rates as low as 13.86% APR (variable)
Convert points to Avios and Virgin Points
Auto-sync with accounting software
How to register your company
The easiest way to register is online via the Companies House website. It costs £100, and can be paid by debit or credit card during the set up process.
1. Confirm that setting up a limited company is right for you. This can depend on the type of work you do as most businesses register as a limited company or a sole trader.
2. Choose your limited company type. You can either be limited by shares or limited by guarantee. The type you choose will be based on your ownership structure and whether you intend to make a profit. For example, non-profits or registered charities are usually limited by guarantee.
3. Appoint a director and a company secretary.
4. If you're limited by shares, decide who your shareholders are. You need at least one shareholder, and they can be a director. If you're limited by guarantee, decide who your guarantors are. You need at least one guarantor, and they can be a director.
5. Identify people with significant control (PSC) over your company. This could be anyone with voting rights, for example.
6. Choose a name. You'll need to make sure the name you want follows the rules for company names, is available for use and doesn't infringe any existing trade marks.
7. Prepare documents that agree how to run your company. These documents should include the:
8. Check what records you'll need to keep, including both company and accounting records.
9. Complete your registration with an official address. At this stage you will also choose a SIC code to identify what your company does.
Once you've completed your registration, you'll get a certificate of incorporation which confirms the company legally exists. It will show your company registration number and date of formation. This usually takes 24 hours if your submission is completed between Monday-Thursday. Applications are not processed on weekends or bank holidays, so Friday submissions may not be finalised until the following Monday.
How to apply for a business credit card?
Once you’ve registered with Companies House and are ready to apply for a Capital on Tap card, you’ll need to have these items ready:
Our simple online application is quick to complete and most applicants receive a decision in under two minutes.
Better benefits for your business
Stay in control of your business spending
Manage your business spending with smart controls and real-time visibility. No annual fee.
Talk to a human 24/7
Skip the bots and long waits. Speak to a real person based in the UK in under 10 seconds, day or night, via phone, chat, or email.
Got a question? We’re here 24/7 to help with anything from account support to product advice.
Pay £0 in fees
No annual fees. No foreign exchange fees. No ATM fees.
Apply today and enjoy a business credit card that was designed with your small business in mind.
Open an account online today
Running your business just got easier:
*Subject to eligibility
†Capital on Tap is not affiliated, associated, authorised, endorsed by, or in any way officially connected with Companies House. The official Companies House website can be found at www.gov.uk/government/organisations/companies-house
© Copyright 2026. New Wave Capital Limited (trading as Capital on Tap) is a private limited company incorporated in England and Wales under registered number 07959823 which has its registered office at 27 Old Gloucester Street, London, England, WC1N 3AX. Capital on Tap is authorised and regulated by the Financial Conduct Authority (firm reference number 625592 in respect of consumer credit activities) and is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, firm reference 900922, for the issuing of electronic money. Capital On Tap is a registered trade mark of New Wave Capital Limited with the United Kingdom Intellectual Property Office. All rights reserved 2025. New Wave Capital Limited (trading as Capital on Tap) is not a bank. The Capital on Tap Instant Savings Account is powered by ClearBank; customers with an Instant Savings Account are introduced to ClearBank, with their deposits held by them as a ClearBank customer. Capital on Tap does not possess the customer's savings at any time, and customers can only view and manage their savings via Capital on Tap services. ClearBank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (No. 754568).
