Blog

All our blogs are published to encourage your passions, to teach you something new. Here we share our knowledge, experiences and the latest business news to keep you all updated.

Business Information

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

A non-UK resident refers to a person who doesn't live in the UK or has no UK address. The term applies to an expatriate from Britain or a foreign national living outside of the ...

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Business Information

How can I open a business bank account in the UK?

When you are running a company in the UK you are not legally required to have a particular business bank account. You'll find it quickly is important to keep clean accounts thou...

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Business Information

How to open an account for Business Bank in 4 stages?

Almost all businesses have separate personal and corporate finance bank accounts. Separating accounts helps companies maintain financial records, prevent overspending, and file ...

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Business Information

How to set up a limited company in four basic steps?

1. Choose which form of limited enterprise to create When you have decided to set up a limited company, you need to select the sort that you want to create. The two primary o...

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Business Information

What are the benefits of opening a business bank account in the UK?

Choosing the right kind of banking service is a perfect opportunity to get the fundamentals of your business right from the start. While keeping a separate account for both your...

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Company Formation, Business Information

How to form a Limited Company in the UK?

In forming a Limited Company in the UK there is no limit on the ethnicity or position of either the directors or shareholders. A non-resident person may be the director of a UK ...

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Company Formation, Business Information, Business Startup

What are the advantages and the disadvantages of a Private Limited Company?

A private limited company (Pvt Ltd) is the most common vehicle for an individual that aims to make a profit and enjoy the privileges of an incorporated corporation, in particula...

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Company Formation, Business Information, Business Startup

What is meant by a Ltd. (Limited)?

Ltd. is a common "limited" abbreviation, a type of corporate structure available in countries like the United Kingdom, Ireland and Canada. The term appears as a suffix after the...

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Company Formation, Business Information

What is a Ready-Made Company?

Readymade companies are pre-registered entities that can be used immediately to start trading. These can be made available within 48 hours, sometimes referred to as "off the she...

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Business Ideas, Business Information

What are the benefits of Ready-made Company?

As the name suggests, a ready-made company is a company already registered with Company House before you decide to buy it. Because of the year of incorporation, this will give t...

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Business Information, Business Startup

How to Register a Business with Companies House?

Companies House is the United Kingdom's registrar of companies and is an executive agency and trading fund of Her Majesty's Government. It is a unique vision, mission and value...

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Business Information

What is the role of Companies House?

Companies House is the UK limited partnership registry, which acts as the Department for Finance, Energy & Industrial Strategy's executive agency.Companies House's main aim is t...

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Business Information

Who are Companies House and what are their functions?

Companies House act as the UK's official registrar of businesses in three different countries: Northern Ireland, Scotland, and England and Wales. It is about controlling and imp...

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Company Formation, Business Information

What is EIN (Employer Identification Number)? - Explained

Every company that has employees is required to have an employer ID number (EIN), but you may need an EIN even if you do not have employees, to start your business. It is the So...

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Business Information

What’s the financial position of a company limited by guarantee?

Because a guarantee-limited corporation has no share capital, it cannot raise money by selling equity subscribers' shares. As this usually makes them more appropriate for non-pr...

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Business Information

What’s different about a company limited by guarantee?

A business limited by guarantee does not have shareholders or share capital – except in a few legacy companies founded in 1981 or earlier. Alternatively, it has guarantees – pop...

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Business Information

Is a company limited by guarantee incorporated?

A private corporation limited by guarantee is a type of business arrangement that is mostly used by non-profit organisations, societies, cooperatives, social corporations, commu...

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Company Formation

What is a Company Limited by Guarantee?

A business limited by Guarantee is also referred to as a 'not-for-profit' or 'charitable organisation,' this applies to the fact that the parties concerned are not extracting th...

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Business Information

What are the things you need to do before forming an NGO?

Launching an NGO needs more than just income. It requires hard work, dedication, and a sincere desire to serve others. Starting and operating an NGO is a process that's almost i...

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Business Information

How to form an NGO?

A Non-Governmental Organisation, also known as an NGO, is a government recognised organisation that works to uplift society. The organisation, therefore, has a simple and defini...

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Business Information

What is the purpose of an NGO formation?

Non-governmental organisations, or NGOs, were first identified as such in Article 71 of the 1945 Constitution of the newly established UN. Although NGOs do not have a set or str...

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Offshore Banking

Is it illegal to keep Offshore Bank accounts?

Offshore accounts are not illegal, nor is the offshore banking and entrepreneurial market. In reality, as they move overseas, many foreign executive professionals and ex-pats op...

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Offshore Banking

How to open an Offshore Bank account?

Today banks have emerged as significant institutions of finance. Banks have a safe environment and help us handle our transactions. Each person must open a bank account to benef...

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Offshore Banking

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

US banking comes with a range of benefits that make it an enticing place to open a bank account. The greatest advantage of opening a US bank account is that it's an easy countr...

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Offshore Banking

Can I open a business bank account in foreign countries?

Opening an Offshore bank account is like opening a local bank account. The only difference is the bank's location and the banking services that are offered.If you think it's har...

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Offshore Banking

What is an Offshore account?

An offshore bank account is a financial account that is located within a bank outside your country of residence. Such accounts may be used by individuals or businesses. Offshore...

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Company Formation

How to form a company in the UK?

A company is a legal body that has a distinct legal identity from those who own or run it on a day-to-day basis. While different types of companies exist, such as public limite...

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Company Formation

What is Company Formation?

Company incorporation is the method of forming an entity at Companies House as a limited liability company. As a consequence, the business becomes a separate organisation. Also ...

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Company Formation

Top 7 myth of company formation in the UK

There's a lot of myths about UK company development. It doesn't need to be an onerous task to register a UK company, whether directly using Companies House or a company forming ...

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Company Formation

What are the company formation documents needed in the UK?

Business creation records are the key pieces of paperwork you need to retain and refer to after your company successfully registers with Companies House. In total, there are th...

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Company Formation

What are the stages of company formation in the UK?

Enterprise development is a lengthy process. For simplicity, the entire company forming cycle can be divided into four phases: 1. Stage 2 promotional campaign. Step 3 of incorpo...

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Business Information

Usage of Virtual business address

Our Virtual Office systems provide companies with two mail services. The first is the address of the registered office for limited companies and LLPs registered with Companies H...

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Business Information

What is a Virtual business address?

Today the smart mail management is a virtual business address with a real street address for your office. It facilitates secure and faster mail handling, plus other business off...

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Business Information

How to get a UK virtual address remotely?

If you live in the UK or just want to trade here, there are different ways to register your company and become official. Luckily, the days of lengthy paper form filling and wait...

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Company Formation

Can I use a virtual business address for my UK company?

Essentially, a virtual office is a facility that provides the company owner with all the advantages of commercial premises – office address and telephone number, correspondence ...

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Business Startup

Why virtual business address is called virtual business address?

Essentially, a virtual office is a facility that offers all the advantages of commercial property to a company owner – an email address and telephone number, correspondence and ...

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Business Information

How can I open a business bank account in the UK?

When you are running a company in the UK you are not legally required to have a particular business bank account. You'll find it quickly is important to keep clean accounts thou...

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Offshore Banking

Safest International banks

An increasingly secure banking experience. It is regular to locate a domestic bank supported exclusively by the most debt-ridden nation on earth. Likewise, remember that a few b...

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Offshore Banking

Banks with Bitcoin and other Cryptocurrencies

Bitcoin and different cryptocurrencies are hot, drifting themes today. In any case, so much data is around that it can make utilizing Bitcoin appear to be confusing. Actually, B...

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Offshore Banking

Offshore banking safety and security

Offshore banking sounds like a thought saved for the amazingly wealthy. In all actuality, it is a lot more secure and simpler than the normal individual trusts it to be. So what...

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Offshore Banking

What are the reasons to Choose Swiss banking?

Swiss Banking companies have for quite some time been related to expert and professionals, tactful, secure banking. It is a jurisdiction prestige for its adherence and neutral m...

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Offshore Banking

Functions of an offshore bank

Offshore banking is frequently considered as a type of tax avoidance and tax evasion in an ineffectively managed, dangerous environment; in any case, the website clarifies that ...

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Company Formation

Incorporating a company in the UK

The United Kingdom is known for its exceptionally productive business and investment condition. Its pro-enterprise culture is obvious in the 5.7 million private-sector business ...

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Company Formation

Incorporating a company in the British Virgin Islands (BVI)

The British Virgin Islands is one of the world’s biggest offshore financial centres and the main place for offshore company incorporation. The British Virgin Islands has a soli...

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Offshore Banking

Best countries for opening an offshore banking account

Though when it comes to the safest and best offshore bank accounts, people will offer a lot of conflicting advice. This is not due to some of them being necessarily wrong there ...

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Business Information

What is the difference between LLP and Ltd?

When creating a company, you can ask yourself so many questions that you may forget how you plan to structure it until the final minute. So how do you decide which company is be...

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Accounting & Taxation

Accounting and Bookkeeping services UK

While accounting and bookkeeping are both basic business functions, there is an imperative distinction. Bookkeeping is in charge of the chronicle recording of financial exchange...

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Business Information

General ledger maintenance

The general ledger mirrors a changeless outline of all your supporting journals, for example, the cash receipts and sales journal and the money payment journal. The general ledg...

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Business Information

What are the differences between the UK LLP and Scottish LP?

All offshore products and jurisdiction provide a variety of opportunities and locations with a broad range of products and features. While many enterprise formation vehicles oft...

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Business Information

How can I move my UK limited company to a different country?

You can base your entities in multiple locations across the globe. It is beneficial if you are willing to move your registered company to another location but not ready to give...

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Business Information

Are limited company directors liable for their debts?

Establishing a limited company involves a little more in the way of formation than being a sole trader, as well as higher economic and admin duties, there are certain benefits– ...

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Business Information

Obtaining a Certificate of Good Standing for your limited company

Companies registered as private limited in the UK can obtain a certificate of good standing from the Companies House. The companies in the UK that have been continuous, unbroken...

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Company Formation

What are the Advantages and Disadvantages of VAT registration?

VAT Registration is a legal requirement when taxable turnover for the previous 12 months crosses £85,000 (2018-19), or it is expected to go beyond this figure in the next 30 day...

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Business Information

How to set up a business email address for a UK business?

Currently, having a business email address for a UK business is very essential for any sole trader, partnership or limited company because it generates a professional image. It ...

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Business Startup

Low-cost business ideas for startups

Several businesses start on a low budget. This may be because you have a desire to start something on the side with your present job that can help you to bring in some extra amo...

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Business Information

Offshore Accounts and Asset Diversification

Diversity in financial investment is a well-known rule of thumb, the thing that is generally not known is how offshore structures assist this process. When a majority of the dow...

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Business Information

What Is the Difference Between Domestic and Offshore Companies?

In the event that you are searching for a product improvement organization, you may ponder what is the contrast between domestic and offshore Company? Both domestic and offshore...

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Business Information

What is an offshore account? Why should you have one?

The principal thing to acknowledge while considering offshore banking is that it is fundamentally the same as banking down the road. You can see your record on the web. You can ...

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Business Information

Delaware as a Tax Shelter

Any method to reduce taxable income leads to a reduction in tax payments is a tax shelter. The United States has a loosely defined tax shelter as any method of recovering more t...

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Business Information

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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Business Information

The Benefits of a Non-UK Domiciled Spouse

In the event that you are a UK inhabitant and domiciled and your spouse is a UK resident yet non-domiciled, this opens up some intriguing tax planning opportunities. Numerous i...

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Business Information

What is an Offshore Trust?

Numerous offshore asset protection specialists agree to the fact that offshore trust in the appropriately chosen jurisdiction is the most grounded asset protection vehicle aroun...

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Business Information

What are the different types of Offshore Entities?

UK Limited Company (Ltd) This is your lowland standard company utilized by merchants and financial investors. It tends to be utilized to hold practically all assets and can car...

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Business Information

The Cook Islands as an offshore company or offshore bank account

The Cook Islands is an archipelago of fifteen little islands, situated in the South Pacific Ocean, between New Zealand and Hawaii. It is one of the members of the Commonwealth a...

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Company Formation

5 benefits of setting up offshore companies and banks

One of the greatest expenses an independent company acquires is — you can figure it out  — taxes. Taxes are the essential insidious, implying that taxes can hypothetically assis...

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Company Formation

Advantages of opening an offshore company in Delaware

Delaware is one of the 50 states of the USA, in the South Atlantic or Southern region. Over 50% of all U.S. traded on an open market organization and 63% of the Fortune 500 are ...

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Company Formation

Incorporating a company in the USA

We will submit "Articles of Incorporation" or "Certificate of Incorporation" to create a corporation in the United States. The LLC adaptation of these reports is classified as "...

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Offshore Banking

Swiss Banking and online Investing

What is offshore investing and why do people choose? Switzerland is identified as 'the grandfather of the mystery of banks’. Since the mid-twentieth century, it has become one ...

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Business Information

Offshore investing & Benefits of Offshore Investing

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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Business Information

What is IBAN? Countries that use IBAN

ISO 13616 IBAN Standard Structure IBAN is described in ISO 13616-1. It consists of a country code ISO 3166-1, with two check numbers followed, and a BBAN (Basic Bank Account Num...

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Business Information

Offshore Companies in the UAE

Offshore Companies in the UAE ought not to be mistaken for UAE Free Zone organizations. An Offshore Company is a legitimate business element that is set up with the expectation ...

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Accounting & Taxation

What are the advantages of outsourcing accounting and bookkeeping?

Bookkeeping and accounting are considered as non-core business functions, which forms as an integral part of various functions of an organisation. Due to several constraints, th...

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Business Information

What are IBAN, BIC or SWIFT?

Have you at any point gone over IBAN and SWIFT/BIC while transferring money across seas, however, aren't too certain what they are or what they mean? This article gives you a cl...

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Offshore Banking

What are 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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General Blogs

The journey of RTRSupports Limited

We are overjoyed to announce that RTRSupports Limited has completed 8 years of its amazing journey. On this date, RTRSupport limited acquired its desired position in the corpora...

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Business Information

How to invest in business expansion?

When you have accumulated a good amount of capital you must invest it in your business for its growth. However, before investing in your future business expansion you must consi...

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Business Information

5 signs that indicate you need business relocation

In small businesses change is not always easy to handle. Being an entrepreneur you always have to analyse and evaluate how you can achieve your business goals. In some situation...

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Business Information

How to apply for a business visa in the UK?

People who do not reside in the United Kingdom can apply for a Business Visitor visa if they are planning to visit the UK for any business-related purposes. You can apply for a...

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Offshore Banking

The procedure of transferring money offshore

Sending 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 mon...

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Business Information

How do you change your business service address?

When you go through the process of company formation to register your company as a limited company, you will be required to provide a business service address to Companies House...

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Offshore Banking

How long does it take to open an Offshore Bank Account?

Often formation of offshore companies is correlated with an eminent level of financially related advancement and, sometimes, trickery. Nonetheless, in reality, it is that an ind...

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Offshore Banking

How to open an offshore bank account?

Individuals move a portion of their cash abroad for different authentic reasons. The times of concealing your cash abroad from the expense examiner are finished. In any case, yo...

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Business Information

LLC versus INC - Which one to choose?

When setting up another organization two alternatives are to incorporate and set up a corporation (Inc.) or to set up a limited liability company (LLC). Both give the benefits o...

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Business Information

UK Company's Pre-emption Rights Explained

The shares of UK limited companies are issued to shareholders. When shares are transferred or sold to another party the existing company shareholders might have rights over the ...

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Business Information

Business trading address provider - Explained

Your company trading address is referred to as the place from where you operate your business. In the case of a solo entrepreneur or a sole trader working from home, they can re...

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Business Information

What are a limited company's filing requirements?

Several filing and reporting requirements are there for registered companies and partnerships that need to be maintained every year. It is essential to prepare annual returns an...

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Business Information

The Significance of Accepting Card Payment 

The main objective of the majority of the companies is to make money and offer different payment methods to make sure that any of the prospective customers can make payments for...

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Business Information

Effective ways to manage company growth

Growth of a company is the most desirable part for all the entrepreneurs. However, if you fail to manage it can lead to excess cash flow in the business and other myriad problem...

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Business Information

How to engage with prospective B2B clients?

In today's digital era undoubtedly 'knowledge is the power'. Whoever has adequate information and knowledge can be highly influential and are experts in their sectors. How can ...

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Business Information

Can I reserve a Company name without forming a limited company?

If you are having an incredible business idea, then you will want to do every possible thing to execute that idea. However, even before implementing those ideas, you might one t...

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Business Information

Setting up an Offshore Merchant Account for e-commerce business

Over the last few decades, there has been a meteoric rise in e-commerce and online business models due to the advancement of technology. Online transactions have become the new ...

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Business Startup

What are the benefits of starting your own business?

Most people think that running a business is a hectic process and give up before even trying. However, starting a business of your own is not as hard as you might imagine and ha...

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Business Information

What are UK's Faster Payments?

Faster Payments is a type of electronic payment system launched in 2008 to make faster bank payments instead of three working days. This is referred to as the standard way for c...

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Business Information

How to get Business DUNS number?

D-U-N-S stands for Data Universal Numbering System and is referred to as a proprietary system, which was developed by Dun & Bradstreet (D&B) back in 1963 to originally help supp...

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Business Information

What is UK Corporation Tax?

Corporation tax is referred to as the equivalent of income tax for your company. Employees normally pay income tax on their earnings whereas a company owner pays corporation tax...

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Company Formation

What are the Important points to know about PSC registers?

All the UK companies have been required to create and maintain a Register of People with Significant Control (PSC Register). Every firm needs to take reasonable steps to determi...

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Business Information

What are the consequences of missing a confirmation statement date?

Your company Confirmation Statement is an important element that you need to submit to the Companies House every year along with your Annual Accounts. This rule is applicable fo...

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Business Information

What is a Trademark?

Trademarks of the companies are identified as a badge of ownership they have been created. It is shown in the form of a unique image or a label that can be recognised and associ...

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Business Ideas

10 important questions to ask for a successful startup

 If you have planned to begin a new business then there are several important things you need to take care of to make your startup successful. No matter in which stage you are, ...

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Business Information

Best tips for starting a home-based business

Though "at home" adds leisure to it and many would certainly think it is a stress-free venture but a home-based company also goes through many legal hoops. Although it is a home...

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Business Information

Changing Company's registered office address

Majority of the organisations need to change their office address as their business changes over time. This is mostly done once the company has grown large enough that they need...

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Business Information

The 3 R's of Outsourcing that must be considered

Being the owner of a small business, you might have thought of outsourcing some elements of your business. There are so many perks of outsourcing that experts in various industr...

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Company Formation

How to form a Subsidiary Company?

In the UK, setting up a subsidiary company is not at all complicated. Subsidiary company formation is almost the same as setting up a standard company. Before explaining the for...

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Business Information

Late filing penalties for limited companies

If you are working as a service provider, freelancer or as an owner of a small business in the UK, it is important to maintain a track on your filing and payment deadlines along...

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Business Information

What is an article of association?

The articles of association are the significant document that forms all the rules and regulations with the help of which the internal affairs of a company are governed. As state...

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Business Information

How to begin a business in a competitive sector?

Starting a new venture and making serious money from that requires choosing the right moment to strike. Promoting the new products and services of your business when the interes...

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Business Information

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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Offshore Banking

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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Offshore Banking

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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Company Formation

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 hav...

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Company Formation

How to start an offshore business in the UK?

The process of setting up an offshore company in the UK is much less than actually, people think. Moreover, it is quicker and easier than setting up a company in other offshore ...

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Business Information

Different types of business structures in the UK

If you have got a great business idea, did your market research along with an appropriate business plan, and you are thinking of setting up a company in the UK, then you need to...

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Offshore Banking

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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Accounting & Taxation

Evaluate Bookkeeping services

Accounting vs Bookkeeping is two capacities which are critical for each business association. In the most straightforward of terms, bookkeeping is in charge of the recording of ...

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Company Formation

5 Mistakes to avoid while forming a New Company

Forming a new company has always been an exciting journey for everyone. In addition, the UK authorities have made it more interesting over the years. You can form your company v...

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Company Formation

What is the SIC Code of a Limited Company?

A Standard Industrial Classification code (SIC) is used by the Companies House to categorise the type of economic activities in which a business is involved. This information sh...

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Business Information

What is a SAIL address?

A 'SAIL address' is a Single Alternative Location where a company or LLP can keep its statutory records and make those records available for public inspection. If you do not req...

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Business Information

How to write a business plan if you want to start a new business?

In terms of business development, business owners should play to their ability and strength. There are different ways to start a new business. You should set up your business wi...

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Business Information

Criteria to consider for choosing best tax havens

Choosing a tax haven country is a significant part of offshore company formation or establishing a structure of the financial account, as jurisdictions are formed equal. In toda...

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Business Information

Forex trading account with offshore company

The experienced traders use offshore companies to protect their share - of foreign exchange (Forex) - trading accounts. They are aware that it is not a good idea to be trading a...

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Business Information

Why do I need a Nominee Director?

Each agreement to invest resources into a company accompanies a proviso qualifying the financial specialist for a seat on the board of the Company. By and large, alongside the s...

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Business Information

Limited company VS Self-employed business

When starting a business as a sole trader, you are becoming one of the millions of SE sole traders operating in the UK currently. However, even if being the most popular way to ...

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Business Information

The Cook Islands as a tax havens

The Cook Islands as a tax haven has tried endeavours to fortify its offshore financial area, in spite of the improvement of its financial services. The Cook Islands vigorously r...

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Offshore Banking

Offshore Bank Account - Explained

With overall expanding measures on CFT (battling the financing of fear-based oppression) and AML (hostile to illegal tax avoidance) consistency, the offshore banking sector in m...

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Business Information

Shareholders for a Limited Company

Shareholders are defined as a limited company's legal beneficial owners. In return for portion ownership in the form of equity shares, these individuals invest money in a compan...

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Business Information

How to transfer and issue company shares?

Shares of a limited company refer to a form of property. According to the Companies Act 2006 and the requirements specified in a company’s articles of association and shareholde...

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Business Information

Registered Office Address Provider - Explained

When you set up a limited company, you will have to go through the Company Formation Process. During the process, one of the criteria you will have to fulfil is to provide Compa...

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Business Information

What does a corporate shareholder mean to your business?

Corporate shareholder A corporate shareholder is a term used to describe a company owning shares in another limited company. A corporate shareholder may refer to another limite...

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Business Information

Service address vs registered address

A service address and a registered address are entirely different with separate purposes and requirements. A service address is the requirement of all company directors, subscr...

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Business Information

An Effective Guide to Begin Your Own House Sitting Business

You must be thinking if house sitting business is not going to be a viable business and if it is right for you to run. Well, there might be more daily activities and official re...

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Offshore Banking

Do you want to open a UK bank account from? (International banking information)

One of the common myths people have about forming a UK bank account from India, China, Bangladesh, Pakistan, The UAE, USA, Italy, Spain, Nigeria etc. is that it is a very compli...

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Business Information

Everything you need to know about a Dormant Company

A dormant company is referred to as a company which is currently not trading, that means it is inactive for Corporation Tax purposes. You don't have to tell Companies House that...

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Offshore Banking

Top 3 Reasons for having an Offshore Bank Account

You may have pondered: “What could an Offshore bank account give that a domestic bank can’t?” The answer is: Benefits that any offshore company would need Regardless of whethe...

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Accounting & Taxation

Accounting service for small business in the UK

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

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Business Information

International marketing tips for overseas business

Businesses planning to relocate overseas, or to access the international market in the UK can get enormous benefits. However, globalising your business can be a tricky transitio...

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Business Information

Important points about company liquidation

Liquidation is a legal process that pertains to partnerships or companies where a liquidator is selected to 'wind up' the dealings of a business. At the beginning of limited co...

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Business Information

How to convert a Public LTD Company (PLC) to a Private LTD Company (LTD)?

The Companies Act 2006 enables companies to convert their legal status from a UK public limited company (PLC) to a UK private limited company (LTD) in one of three ways- Pass...

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Business Information

Director's service address and its significance

You will need to go through the company formation process and register your new company with the Companies House while setting up your limited company. Rules and regulations of ...

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Company Formation

Why do you need to register a company logo?

To gain attention, your company has to be completely discernible from its competitors. You have to assure that consumers will immediately recognise your products and be inclined...

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General Blogs

Five Profitable Small Business Ideas

Five Profitable Small Business Ideas Many people want to form their own business but might not have an idea to begin the type of business, which they want to start. If you are ...

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Business Information

Significance of hiring a Nominee Director for an Offshore Company

Some business owners want to keep their details confidential during the process of offshore company formation. Here comes the significance of hiring a nominee director. The faci...

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Business Information

The procedure to start a bank in Puerto Rico

If you want to form a new offshore bank in Puerto Rico also referred to as an International Financial Entity (IFE), you will have to submit some documents to government regulato...

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Business Information

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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Business Information

Significance of hiring an apprentice in a small business

While you are facing the prospect of paying off many years of student debt, a lot of university students are looking at apprenticeships as a better alternative to gain practical...

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Business Information

Role of the Companies House

Companies House refers to the registry of the UK limited companies, which acts as an executive agency of the Department for Business, Energy and Industrial Strategy. Its main ob...

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Business Information

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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Business Information

What are the tax havens and offshore financial centres?

A tax haven or an offshore corporate tax haven is a nation that offers a foreign individual person and business organization little or next to zero tax liability in a politicall...

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Business Information

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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Business Information

How to issue more shares in a private limited company?

After forming a limited company, you can issue more shares. You may be willing to do this to increase additional capital, get a business partner or achieve other kinds of object...

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Business Information

Crowdfunding a Cryptocurrency Exchange

Cryptocurrency exchanges have started to raise money under the SEC's crowdfunding rules. The US crowdfunding rules allow a cryptocurrency exchange to increase to $50 million wit...

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Business Information

Disqualification of director - meaning and its effect

A director who failed to fulfil his legal requirements by trading fraudulently, failing to submit annual accounts, or failing to pay the company's tax – may be disqualified from...

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Business Information

Setting up a limited company with one person

A single person can register a limited company in the UK with the Companies House. You are required to list at least one director and one member i.e. shareholder or guarantor. T...

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Business Information

5 leading countries to set up offshore companies

An offshore company set up in an administration that has a particular regime for these sorts of structures. Countries that are outstanding as tax havens offer low or zero taxes ...

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Business Information

Offshore company formation with a bank account

Companies incorporated in purviews which offer offshore company formation with a bank account which may profit from tax regulation and or likely special offshore company regimes...

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Business Information

Does LLC have stock or shareholders?

A Limited Liability Company does not have stock or shareholders. LLC is known as an "unincorporated entity" in legal circles because it is a creature of contract, instead of a c...

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Business Information

How to transfer my business to another US state?

Transferring your business to another state is a complicated decision. You have to consider the costs, legal entity charges and the transfer of employees. Transferring a busines...

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Business Information

What company registers do you need to keep?

Every company that is formed in the UK is legally required to keep a range of statutory company registers at either its registered office, a Single Alternative Inspection Locati...

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Business Information

How to perform a company check?

Performing a company check on any UK company or LLP is extremely fast and simple. A business should register with Companies House to operate as a firm and file some documents ab...

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Offshore Banking

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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Offshore Banking

Puerto Rico: An ideal offshore banking

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

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Company Formation

Appointing and removing a company director

After incorporation, a company director may be appointed at any time. Likewise, a director can resign or replace at any time by members, shareholders or guarantors, at any time,...

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Business Information

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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Business Information

What are the reasons for closing a business? How to Properly Close Your Business?

Here are some reasons for closing a business: Poor Business Plan The reason for many business failures is a poor or inexistent business plan. An effective business plan descri...

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Business Information

What's the Best State in the US to form a Company?

Choosing a state to set up a company can be difficult. You can incorporate anywhere rather than incorporating in the state where your business physically resides. Here are some ...

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Business Information

What is an offshore company?

An offshore business is one you are establishing or registering in another country outside of where its key investors reside. If you report it outside where its main operations ...

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Business Information

What is a Loan Out Company?

Meaning of a Loan Out Company A Loan Out Company turns short-run employment arrangements into independent contractor relationships. Individuals with unique skills will have the...

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Company Formation

Top 10 reasons to set up a Delaware LLC

1. Delaware LLCs provide the most protection for you and your business with two-way protection Setting up a Delaware LLC can protect your assets by developing a shield between ...

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Business Information

4 things you should know about a Delaware LLC

Before opening a Delaware LLC, you should have some idea about Certificate of Formation, the operating agreement, corporate tax elections, and how to maintain the company after ...

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Business Information

Benefits of an Offshore Company

Tax minimization and expanded protection and security are not the only advantages to be picked up by offshore company incorporation. Although effective tax reductions are the fi...

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Business Information

Mauritius- A Tax Haven

Throughout the year Mauritius has developed into an entirely good Tax Haven and an offshore purview. Mauritius has uncommon offshore administration, for example, offshore bankin...

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Business Information

What is a Delaware Principal Place of Business?

When you set up a company in Delaware, what will be your principal place of business? When should you consider your registered agents address as your office address? These are c...

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Business Information

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. Profit distributions are based on ...

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Business Information

What happens to the LLC membership interest after death?

In both single-member and multi-member LLCs, the owners require to have a plan for what occurs in the event when a member dies. Should the LLC proceed or should it automatically...

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Offshore Banking

How to open a bank account for a Delaware LLC?

In the US, every bank has separate requirements so you must check with the bank before opening an account for your Delaware LLC. You do not require a bank account for a Delawar...

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Business Information

History of LLC

Two hundred years back, if you were planning to invest in a shipping sailboat going across the ocean, the owners were personally responsible not only for the cargo and the ship ...

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General Blogs

Prevention of Coronavirus/COVID -19: 12 tips 

The new coronavirus formally named SARS-COV-2 which stands for coronavirus 2 with the extreme acute respiratory syndrome. An infection with this virus can lead to coronavirus 19...

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Offshore Banking

Benefits of opening an offshore business bank account

The word, ”Offshore banking” refers to a bank's or financial institution 's facilities outside the country of residence. If you have invested or deposited funds outside your hom...

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Business Information

How to form a Delaware Corporation while launching a high-growth startup?

Beginning stage of every business is termed as "the startup phase", and this term is increasingly being reserved for a narrower category of high-growth ventures. In the digital ...

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Business Information

Who can be a company director?

A director is a person from a group of managers who lead or oversee a particular area of business. Companies who use this word also have several directors spread around various ...

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Company Formation

Everything About Company Formation

Company formation is a process of giving your business the status of a legal entity. It is essential because it is an obligation from the government and it also provides some ki...

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Company Formation

5 reasons for forming a limited company

A limited company (LC) is a general form of incorporation which limits the amount of liability exercised by the shareholders of the company. It refers to a legal arrangement tha...

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Business Information

What is a Memorandum of Association (MOA)?

A Memorandum of Association or MOA of a company is defined as a legal document that is drafted during the formation and registration process of a limited liability company to de...

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Company Formation

What is trademark registration?

Branding and trademarks are a synonym for a company's image. In terms of a novice, registration of a trademark is a way to protect the brand or concept. As an example, nobody el...

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Business Information

What is EIN (Employer Identification Number)?

Every company that has employees is required to have an employer ID number (EIN), but you may need an EIN even if you do not have employees, to start your business. It is the So...

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Business Startup

Setting up a Start-up: Top 4 Things you should follow

A Start-up is a young enterprise founded by one or more entrepreneurs to create and market a unique product or service. The traditional startup appears to be a shoestring projec...

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Business Information

What is an LLC Registered Agent?

A business owner cannot be physically present in each state in which they do business. Therefore he needs a reliable third-party designated to provide any significant legal or t...

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Offshore Banking

Can a non-UK resident open a business bank account?

It may seem difficult to set up a business bank account as a non-resident but it's possible. No legal restrictions are preventing UK banks from opening business accounts for non...

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Company Formation

What is AML (Anti-money laundering)?

What is anti-money laundering? Anti-money laundering concerns a variety of rules regulation and policies to prevent criminals from disguising illegally acquired funds as legiti...

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Company Formation

How to register companies house name?

Read our to avoid rejecting your application for incorporation into the company. We reported more than 644,000 businesses in the last financial year, 99 percent online and 1 pe...

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Company Formation

Choosing the right company name

At the time of forming a new business, you may want to trade under a business name which you have in mind. You may choose to trade under your name if you are a sole trader or if...

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Company Formation

How to register a CIC Company?

We received 4,007applications last financial year to become a CIC but for reasons that can be avoided by following the advice in this blog 30 per cent were rejected. Which docu...

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Business Information

What is the company registration number? 

A company registration number in the UK is a unique number given by Companies House when a limited liability company (LLP) is created. This is a combination of 8 alpha-numeric d...

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Business Information

UK company set up as a non-UK resident

To register in the UK you must have a valid UK address. Also, partnerships, LLPs, unincorporated bodies, and government agencies are unable to register in the UK as a limited fi...

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Business Information

How to choose a name for companies house name registration?

The company name should be chosen carefully as it has many entanglements. Your company name goes before you so it should be dynamic so that people can commit to memory and also ...

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Business Information

Can you change company name from companies house?

After incorporation, you can change the name of your company at any time. This can be done either by having the members pass a special resolution or by the director resolving to...

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Business Information

What is a CIC company?

The CIC is a common choice of legal structure in the industry and the number on the public register is steadily growing. This blog post introduces some of the main attributes to...

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Business Information

Advantages of virtual office address UK

A virtual office address gives an address for your company without physical office space. You can work remotely from any part of the world and virtually while your business keep...

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Business Information

Statutory accounts for Limited companies and charities UK

Statutory accounts– otherwise called annual records – are a lot of financial reports arranged toward the end of each budgetary year. In the UK, all private organizations and com...

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Company Formation

Advantages of Offshore Company Setup

What is an offshore company? An offshore company is a company that can be formed or established in a different country in any part of the world. Driven by international trade ...

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Company Formation

Offshore/Overseas Company Setup Online with Bank Account

An offshore company setup with a bank account can help you to gain profit from tax regulation and or likely special offshore company regimes. Low or 0 tax offshore companies inc...

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Business Information

Limited Company (Ltd)

Ltd. is an abbreviation for Limited, a type of incorporation accessible in nations like that of the UK. The term shows up as a suffix that pursues the company name, demonstratin...

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Company Formation

Registration of a Limited by guarantee(LBG) company online.

Limited by guarantee companies and limited by share companies are established in the same way. In just 3 working hours, you can use the services of an online company training ag...

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Business Information

What is a Limited by Guarantee(LBG) Company?

Companies limited by guarantees is an alternative type of business structure that is used by non-profit organizations. They don't have to share capital and shareholders. Rather,...

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Business Information

Top 5 reasons to set up an offshore company

In recent years, offshore companies and tax haven entities have been in the limelight. However, many of the people are still unaware of the need to set up an offshore company. B...

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Offshore Banking

Bank account set up in the UK 

When you are thinking of moving to the UK or have already arrived there, you will need a bank account at some point. During the past, it was very difficult to open a bank accoun...

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Business Information

How to restore a company that has been closed?

A dissolved business is one that has been disbanded and removed from the companies house registry. The business ceases to exist when this happens and is no longer able to trade....

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Offshore Banking

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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Offshore Banking

Benefits of an Offshore Bank Account

An offshore bank account is simply a bank account that you have outside your country away from the grasp of your country's government and given below are the reasons why you mus...

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Company Formation

Set up a limited company in the UK 

The United Kingdom is known for its exceptionally productive business and investment condition. Its pro-enterprise culture is obvious in the 5.7 million private-sector business ...

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Business Information

Steps of offshore, overseas company formation

Offshore/Overseas company formation is one of the most trending topics among business people for several years. Although there have been certain changes in offshore company regu...

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Business Information

Formation of Limited Liability Partnership(LLP) in the UK

The UK LLP is administered by the Limited Liability Act 2000. Like how in different countries, partnerships are treated. This act serves for an individual member to be liable to...

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Business Information

What is a Limited Liability Partnership (LLP)?

A partnership in which a few or all partners (Depending on the jurisdiction) have limited liabilities is called a Limited Liability Partnership (LLP). It, therefore, can show co...

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Business Information

How to change your business service address?

As you go through the company forms process to register your company as a limited company, you will be asked to provide Companies House with a business service address to be lis...

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Company Formation

Company Formation UK

There's a lot of misconceptions surrounding UK business formation. It doesn't need to be an onerous task to register a UK company, whether directly using Companies House or a co...

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Company Formation

Top 4 Company Formation Myths

There's a lot of misconceptions surrounding UK business formation. It doesn't need to be an onerous task to register a UK company, whether directly using Companies House or a co...

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Company Formation

Cheapest Offshore/Overseas Company Formation

If you are searching for a low-cost offshore service, you have come to the right organization to meet your needs. Many organizations and individuals are finding the tax and reve...

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Business Startup

Advantages of Virtual Business address in UK

A virtual office address gives an address for your company without physical office space. You can work remotely from any part of the world and virtually while your business keep...

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