Compare Top Startup Bank Accounts with Integrated Business Setup
Choosing a business bank account is one of the first steps in launching a venture. Many modern providers now offer “Launch Bundles” that include both your business bank account and the facilitation of your company incorporation in one application.
Below, we compare the top-rated business accounts that offer integrated setup support through Authorized Corporate Service Providers (ACSPs).
Prices correct at time of publication – not all are inclusive of VAT.
| ASCP Provider | Fee to Register Limited Company | Free Bank Account? | Turnaround (days) | Extra Info |
|---|---|---|---|---|
| Tide | £24.99 Or £60 + VAT for confirmation statement filing & key deadline tracking | Yes | 1 |
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| ANNA Money | £100 Includes first year confirmation statement & company changes. Free with Enhanced (£199) or Total Support (£399) plans | Yes | 1–3 |
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| Zempler Bank | £100 or Free Add £100 to your new account within 30 days and receive £100 back | Yes | 2–3 |
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Know Your Business is a private comparison and referral website. We are not the UK Government, Companies House, or a government agency. Our service provides a comparison of B2B banking providers who are Authorised Corporate Service Providers (ACSPs). While our partners may offer discounted or free formation as part of their business account packages, an official digital company incorporation can be completed directly via GOV.UK for a statutory fee of £100.
Understanding Your Options: How to Launch Your Business
As a comparison platform, we believe in showing you all the routes to market. There are three primary ways to establish your business and your banking:
Route 1: The Banking Bundle (Recommended for Speed) As shown above, using a provider like Tide or Zempler allows you to handle your identity verification (KYB/KYC) once. The bank acts as an Authorized Corporate Service Provider (ACSP) to facilitate the setup on your behalf.
Route 2: Direct via Companies House (The DIY Route) You can choose to file your registration directly with the government via GOV.UK. The statutory digital fee is £100. Once you receive your Certificate of Incorporation, you can then apply for a business bank account separately.
Route 3: Professional Advisory (Accountants & Solicitors) For companies with complex share structures or multiple international directors, an accountant can provide bespoke advice. This is typically the most expensive route but offers the most legal customization.
Featured Startup Banking Offers
1. Tide Business Banking: Startup Bundle
Tide is a leading choice for UK founders, offering a robust business account with no monthly fees. Their “Startup Bundle” is designed to get your banking and legal structure ready simultaneously.
- Best for: Single-shareholder limited companies looking for speed.
- The Perk: Includes facilitated company setup through Tide’s ACSP status.
- Timeline: Most accounts and incorporations are processed within one business day.
- View Tide Offer
2. ANNA Money: The “Total Support” Account
ANNA (Absolutely No Nonsense Admin) combines banking with an AI-powered assistant for taxes and invoices.
- Best for: Founders who want help with ongoing compliance and confirmation statements.
- The Perk: Company formation is included as part of their higher-tier business plans.
3. Zempler Bank: Fast-Track Setup
Formerly known as Cashplus, Zempler offers a reliable UK bank account with a “Cashback” model for new businesses.
- Best for: Businesses that want a traditional banking feel with modern tech.
- The Perk: Pay the standard setup fee and receive it back as a credit to your new business account.
Frequently Asked Questions for New Founders
1. Do I need a business bank account immediately?
Yes. A limited company is a separate legal entity. It is a legal requirement to keep business finances separate from personal ones. Using a banking bundle ensures your account is ready the moment your company is incorporated.
2. What is an ACSP?
An Authorized Corporate Service Provider (ACSP) is a private entity registered with Companies House to verify identities and file incorporation’s. Banks like Tide use this status to help you set up your business legally.
3. What details are required for a startup account?
To use a facilitated setup service, you will typically need your proposed company name, a UK registered office address, and identity documents for all directors.
This page is for informational purposes only. Know Your Business is a private comparison and referral website. We are not the UK Government, Companies House, or a government agency. Our service provides a comparison of B2B banking providers who are Authorised Corporate Service Providers (ACSPs). While our partners may offer discounted or free formation as part of their business account packages, an official digital company incorporation can be completed directly via GOV.UK for a statutory fee of £100.