Tuesday, March 21, 2017

HOW SIMPLE IS IT TO FORM A UK LIMITED COMPANY?

          HOW SIMPLE IS IT TO FORM A UK LIMITED COMPANY?


Majority of the companies registered at UK are private limited companies by share. This is a popular structure because directors can be anywhere from the world, they need not be a UK resident. He can run his business from his home country. You just need a registered office address at UK.


1.            Advantages:          
One director
One shareholder
Director and shareholder can be one and the same person.
Formation takes only 3 hours.
Company formation is completely an online process. There are no documents to sign.
UK registered address: no need to separately hire a place for a starting company. They can use their home address / accountant address.

2.            Compliance:
At the end of the financial year, accounts must be prepared and filed with Companies house and tax office (HMRC) before their due dates.
For Companies House: Accounts should be filed within 9 months of the financial year end.
For Tax office (HMRC): Tax return should be filed within 12 months after the end of the accounting period it covers. If tax liability is there, Corporation tax should be paid within 9 months and 1 day after the end of the accounting period.

3.            Cost: Cost for forming UK ltd Company is £ 13.

4.            HOW CAN WE HELP YOU?
We, the Global company formation UK Ltd. is a very cost effective business consultancy firm that offers company formation in London, business consultancy in Birmingham, accounting and taxation services in Edinburgh. We have a fully-fledged and experienced team of UK qualified accountants, business consultants and IFAs who will guide you from the formation of your company in UK to running it successfully. We will take care of all your administration, accounting and taxation and you can concentrate on your business domain. We provide the best online company formation in Edinburgh. Our UK business start-up packages will help you to start company formation in London. We offer company formation UK, Birmingham company formation, UK Limited company formation, fast and free online company formation UK, vat services uk, tax services uk, payroll services uk, management accounting in UK, Bookkeeping services UK, best company formation UK, New company formation UK, company formation plan UK, online company formation UK, business start-up and Cheap company formation UK. Global Company Formation UK Ltd provide Company Formation Cambridge, Camden, Aberdeen, Haringey, Bromley, Bexley, Hackney, Redbridge, Harrow and Havering.


Deciding on the Business Structure
Once you have decided on starting your company the next step is to decide which business structure to choose. You must look at the pros and cons, the ongoing filing and the tax related matters. There are four main start-up structures. They are mainly:
Sole trader
Limited Liability company or partnership (LLP)
Partnership
Public limited Company (PLC)

Develop your Business Plan UK
A business Plan is a key factor for start-up and taking your business ahead. It is a road map that helps you to your goals. Having a business plan has proved to be a vital factor in the initial phase of the business no matter whether your business is big or small. Writing a business plan helps you to prioritize your company’s goals and pin down how you will attain it. It can include your market research, strategies, product development, finance and investment plan, etc.