Your legal set-up
Learn about the types of business you can set up and how to register them legally. There’s also helpful guidance on the rules that apply to businesses.
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Running your business
Set up your business
Royal Bank of Scotland Business Banking is available to eligible customers, over 18 who have the right to be self-employed in the UK. FreeAgent is free subject to customers retaining their RBS business banking current account.
Business rates
You’ll need to know what business rates are, if you need to pay them, and who you pay them to when you set up your business.
Tools for your business
A business bank account is a great place to start your business journey. (We might be able to help with that.) You’ll use it to pay suppliers, for customers to pay you and all sorts of day-to-day banking. And to keep your finances on track, you could use an accountant, or try FreeAgent accounting software.
Business Builder
As its name suggests, Business Builder can help your business to grow better and stronger. It’ll support you to succeed with digital modules, events, and an online community. Best of all, it’s completely free.
Our mobile app
Already registered for online banking? If you have then download our mobile app and bank from your phone. It’s secure, helping you to manage your finances 24/7 so you’re always in control of your money.
RBS Business Banking is available to eligible customers, over 18 who have the right to be self employed in the UK. Digital Banking & Bankline are available to RBS business account customers. Mobile App & Bankline Mobile are available on selected iOS and Android devices with a UK or international mobile number in selected countries. Fees may apply.
The bank account for start-ups
If you’ve been trading less than a year, this could be the account for you. You’ll get 24-months transaction fee free banking, then pay as you go (Standard Published Tariff after), plus 24/7 everyday banking support.
You can join our friendly business community, attend Business Growth events, and there's also a helpful way to take payments online.
Online accounting package
FreeAgent, an online accounting service, helps you to manage and track your business finances. Royal Bank Business current account customers get free access.
Do you need an accountant?
If you don’t have any experience managing your books, then hiring a specialist to do it for you could be a great idea.
Next step: Support on how to run your business day to day
Learn how to manage your cashflow, take payments and employ staff.