When you decide to take that leap and start your own business you want to do as much as you can to make sure that it is not a leap into the unknown. As well as actually carrying out your chosen profession or trade there are many crucial decisions to be made.
• Should I operate as a sole trader, partnership or limited company? Which is the most tax efficient for me?
• How do I deal with the tax office?
• What taxes will I have to pay?
• What accounting records do I need to keep?
• What legislation and regulations apply to me and how do I make sure that I comply with them?
We take the worry and work for all of this away from you and will guide you from the beginning looking at your specific circumstances and advising you on the best way to operate.
Earnings, cash-flow forecasts, owner’s residence and business type can all impact on whether you should form a company, partnership, Limited Liability Partnership (LLP), or sole trader. Our wealth of experience in setting up companies and LLPs means we are experts in identifying and choosing the best option for your business. We will help you choose the option that is most suited to your preferences, limits any administrative burden and fits with any legal regulations – existing or expected. It’s vital you assess all your options and professional advice is highly recommended.
Company secretarial
The Companies Act requires companies to submit various documents within strict time limits. Not only is this a considerable administrative burden, failure to comply can result in potentially severe penalties for directors.
We can relieve you of both the burden and the worry by helping with your Company Secretarial duties. Our services include:
Preparing and filing accounts and annual Returns including completion statements.
Maintaining statutory registers:
• Register of Allotments
• Register of Transfers
• Register of Members
• Register of Directors
• Register of Secretaries
• Register of Directors' Interests
• Register of Mortgages and Charges
Preparing and filing Companies House forms recording:
• Changes of officers
• Changes of registered office
• Increases in share capital
• Allotments of shares
• Changes of accounting reference date
• Preparing documentation for annual general meetings
• If required, acting as company secretary of your company
• If required, providing your company with a registered office address
