The so-called “Covid-19 pandemic” has presented several difficulties for several businesses worldwide. Amidst such an uncertain situation, it becomes necessary for companies to become aware of the responsibilities & duties they have towards the...
When a person registers their business directly with Companies House or via a formation agent, an incorporation certificate is sent to them by post or online (based on their registration method). This is a crucial document that’s essential at different phases...
Businesses operating in the United Kingdom are required to register their VAT if their taxable earnings surpass £85,000 for the past year or will most probably exceed the given figure in 30 days or less, or they’re receiving goods from Europe worth over £85,000....
As per section-1 of the 1890 Partnership Act, the partnership can be defined as: “the relation that subsists among individuals running a business with the common aim of profit”. It’s virtually unimaginable to sustain a business structure as being...
The process is quite straight forward to open a business bank accounts for firms which have U.K. resident shareholders & directors. A number of banks provide different types of accounts suitable for various requirements. After you’ve provided the essential...
It’s important for you to do a few things prior to starting your new business on a full scale. Although these things might seem a bit complicated at first, still they are well worth your efforts. 1. A business plan Without a doubt, you might already have an idea about...
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