Forming a Company may provide you tax savings over running your business as a sole trader or a partnership depending on your circumstances.  If you want to know whether setting up a company is tax efficient for your circumstances then please click the link

UK private limited companies must have at least one company director and a company secretary.  Since the 6th April 2008 the same person could be the company director and the company secretary.

This therefore means that the same person can subscribe for the shares when forming a company, be the company director and act as the company secretary.

Each name given to a company must be unique and with 1000 incorporations a day a company name search should be undertaken before forming a company

company directorcompany secretary or shareholder of a UK company can live anywhere in the world and doesn’t have to be resident in the UK although the registered office for the company must be within the UK.

For a UK company to be resident in the UK for tax purposes then generally speaking the management and control of the company should be within the UK.  Having said this tax advice should be sort by a Tax Accountant after setting up a company.

If you want to form a company for the price of £30 + VAT then.  After setting up the company we can arrange a No obligation FREE business review at our office or at your business or home address and agree a FIXED FEE accountancy service  for your limited company then you will receive a Free Company Formation.

How we can help

If you would like to discuss any of the above please contact KRA Accountants by entering your details on this link LINK   so we can arrange a No obligationFREE initial meetingat your premises or our office to carry out a business review.

If you are interested in instructing us we will offer you a FIXED FEE accountancy service with no hourly charges or hidden costs.