Bookkeeping

Bookkeeping

How to open a UK business bank account for Non-UK residents?

An application for a UK Business Bank account is not accepted unless the applicant resides in the UK.  Therefore, to apply for a bank account in the UK, you must be a UK r...

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Bookkeeping

Can I open a business bank account in the UK?

To open a business bank account in the UK, you need to hire a Nominee Director in your company who must be a citizen of the UK.  What documents and information do you need...

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Bookkeeping

Benefits of opening a business bank account in the UK

Benefits of opening a business bank account in the UK Let’s know the benefits of having a UK business bank account. You need a business bank account for managing the money gai...

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Bookkeeping

Is it illegal to keep Offshore Bank accounts?

Offshore accounts and offshore banking are not illegal. In reality, as they move overseas, many foreign executive professionals open offshore accounts, as these accounts provide...

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Bookkeeping

How to open an Offshore Bank account?

Opening an offshore bank account requires a few basic steps: Decide the type of bank account you want to openThere are several types of bank accounts including Business Bank...

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Bookkeeping

Can I open an offshore bank account in the US as a non-resident?

Requirements for opening a US business bank account: A handful of documents are required to open an account in the US. You will need to provide your ID proof such as a passpo...

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Bookkeeping

Can I open business bank accounts in foreign countries?

THE FEATURES AND PROCESS OF OPENING BUSINESS BANK ACCOUNTS IN FOREIGN COUNTRIES. The process of opening a business bank account in foreign countries is easy, especially when ...

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Bookkeeping

What is an Offshore account?

An offshore bank account is a financial account that is located outside the country of residence of a depositor. This account may be used by an individual or a business. An o...

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Bookkeeping

Accounting and Bookkeeping 

Maintaining correct accounting records is not only a legal necessity but also necessary for the company's sustainability. Precise bookkeeping will allow you to keep all the deta...

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Bookkeeping

Why is bookkeeping essential?

Bookkeeping is important to keep the financial records correctly. Below are the reasons why bookkeeping is important: 1. Bookkeeping helps in budgeting Bookkeeping helps in b...

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Bookkeeping

Functions of an offshore bank account

Protection of AssetsPeople who live in a politically or economically unstable country can get benefits from offshore banking. It helps to protect the assets of investors or ac...

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Bookkeeping

Best countries for opening an offshore bank account

When it comes to the safest and best offshore bank accounts, people will offer a lot of conflicting advice. There are several nations that offshore investors continue discussing...

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Bookkeeping

General ledger maintenance

The general ledger represents the cash receipts, sales journal and the money transfer journal, an unchanged outline of all your supporting papers. The general ledger reflects a ...

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Bookkeeping, Bank Account

Tax benefits of an Offshore company

Introduction A UK resident company is liable to UK corporation tax on its overall income and gains. By differentiation, a non-UK resident organization is just subject to corpor...

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Bookkeeping, Bank Account

What is an Offshore Trust?

An offshore trust refers to a normal trust that is formed under the laws of an offshore jurisdiction. It consists of a relationship/arrangement among Trustee, Settlor, and Benef...

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Bookkeeping, Bank Account

Offshore Investing & its Benefits

Offshore investment can include any circumstances where speculators reside outside the nation in which they contribute. This practice is mainly used by financial experts for ele...

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Bookkeeping

Advantages of Outsourcing Accounting and Bookkeeping

Bookkeeping and accounting are considered as non-core business functions, which form an integral part of various functions of a company. Due to several constraints, the small co...

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Bookkeeping, Bank Account

What are IBAN, BIC or SWIFT?

IBAN International Bank Account Number or IBAN is a worldwide accepted account number used for payments on the global banking account. It is an international account number th...

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Bookkeeping

The advantages of opening a business bank account in the UK

Businesses that are operated as limited companies or partnerships need to set up a business bank account to report the taxes appropriately. Especially if you are planning to exp...

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Bookkeeping

The procedure of transferring money offshore

Ending money from your country of residence to a tax-free jurisdiction is completely legal and will not cause any problem with the tax authorities of your country until the mone...

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Bookkeeping

Transformations in Tax dividends

Since 6th April 2016, a new dividend tax came into effect in a bid for determining tax-minimising strategies and incentives for more people to invest their bonus income instead....

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Bookkeeping

Offshore and International Banking

For more than 6 years we have been helping our clients to build up and regulate offshore and international bank accounts. In particular, We are an international offshore company...

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Bookkeeping

Setting up an offshore bank account in Europe

Setting up an offshore bank account in Europe can fill a required tax transparency need or a way in which the non-residents feature for the company can be kept up. Having a bank...

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Bookkeeping

How to identify my company tax number?

Starting a business is not always easy, it can be confusing to understand the different rules, regulations, and requirements that come with it. It happens especially when you ha...

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Bookkeeping

Reasons to consider offshore businesses banking

Offshore banking offers useful tactics such as flexibility of outstanding wealth since the inception of money. Companies always look for various ways to expand their business, i...

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Bookkeeping

Evaluate Bookkeeping and Accounting services the USA

Accounting and Bookkeeping are two functions that are critical for every business. Bookkeeping is the recording of financial transactions while accounting is translating, charac...

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Bookkeeping

Accounting service for small businesses in the UK

Small-medium sized businesses in the UK setups objective is to execute their business procedures in the most suitable and organized route through bookkeeping and accounting serv...

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Bookkeeping

What to do if you can't pay your self-assessment tax bill?

All the business will run into the same problem at some point during its life - the deadline comes around to pay your self-assessment tax bill and you realise you do not have th...

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Bookkeeping

Bookkeeping Services in the UK

Accounting and bookkeeping is the documentation of the financial transaction and it is part of the way toward bookkeeping in a business. Transactions incorporate buys, deals, re...

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Bookkeeping

Requirements for LLP Filing and Reporting

Limited Liability Partnerships (LLPs) have a range of legal statutory filing and reporting requirements for Companies House and HMRC, many of which are the same as limited compa...

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Bookkeeping

How to open a Swiss Bank Account for Non Residents?

Switzerland is renowned for its offshore banking industry and the large amounts of security the banks give their clients that makes it one of the safest banks. Here are a few ke...

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Bookkeeping

Puerto Rico: An ideal offshore banking

An offshore bank is guided under an international banking permit frequently called an offshore license, which as a rule disallows the bank from building up any business activiti...

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Bookkeeping

How are LLC Taxed?

When it comes to company formation, the LLC is a suitable choice. But you may have an important question: How are LLCs taxed? The taxes an LLC pays may vary, but there are some ...

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Company Formation, Bookkeeping

How to manage LLC capital contributions and distributions?

Members of an LLC are depending on capital contributions, i.e. the amount of capital or assets provided by one of the members to the business. The profit is basically distribute...

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Bookkeeping

Bank account setup in the UK?

In the past, it was very difficult to open a bank account if you were new to the UK. Fortunately, it has become much simpler these days. What documentation do I need? Docume...

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Bookkeeping

What is an Overseas bank account?

Overseas banking or Offshore banking is much like regular banking, but the fundamental difference is that you can build and operate this kind of account from all over the world....

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