Blog

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

A UK Business Bank account does not accept an application unless it has a UK residence. Therefore, only UK residents can open a business bank account in the UK or it is necessar...

Can I open a business bank account in the UK?

It is a good idea for most companies to have a business bank account. As a sole trader, you might want to open a business bank account for a few reasons.  Firstly, your b...

Open a Business Bank account in 4 stages

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

How to set up a limited company in four basic steps

Private Limited Companies are much smaller and do not pursue public funding; instead, they use their own financial capital to function. 1. Choose a type of limited company Whe...

Benefits of opening a business bank account in the UK

Choosing the right kind of banking service is a perfect way to get the fundamentals of your business right from the start. Keeping separate accounts for both your personal and b...

How to form a Limited Company in the UK?

There is no limitation to the nationality or status of either the directors or shareholders in establishing a limited company in the UK. A non-resident person can be both direct...

Advantages and Disadvantages of a Private Limited Company

A private limited company (Pvt Ltd) aims to make a profit and enjoy the privileges of an incorporated corporation, particularly limited liability. In addition, Pvt ltd company o...

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 th...

What is a Ready-Made Company?

Ready-made 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 sh...

What are the benefits of Ready-made Company?

A ready-made company is a company that is already registered with Company House before you decide to buy it. Because of the year of incorporation, this will give credibility and...

How to Register a Business with Companies House?

Here are a few easy steps below to register a business with Companies House: Select an organisational frameworkThe most popular type of business in the UK is considered as ...

What is the role of Companies House?

Companies House is known as a government entity in the UK, which is responsible for managing company records. As a company owner, you will need to interact with the agency while...

Companies House and its functions

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

What is EIN (Employer Identification Number)?

Every company that has employees is required to have an employer ID number (EIN), but if you do not have employees in your company then also you will need EIN which is known as ...

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

As a company limited by guarantee has no share capital, it cannot raise money by selling equity subscribers' shares. This usually makes them more appropriate for non-profit proj...

What is a Company Limited by Guarantee?

A Company Limited by Guarantee refers to a type of business structure that is designed for non-profit organisations that produce income for community-based, charitable or social...

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 open offshore ...

How to open an Offshore Bank account?

Opening an offshore bank account requires a few basic steps:1. Decide the type of bank account you want to openThere are several types of bank accounts including Business Bank a...

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. You will need to provide an ID proof, such as a passport, and address...

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.The process of openin...

What is an Offshore account?

An offshore bank account is a financial account that is located outside the country of residence of the depositor. Such accounts may be used by individuals or businesses. An off...

How to form a company in the UK?

A company is formed by filing a set of documents with the Company Registrar at Companies House. A company is officially registered when an incorporation certificate is issued fo...

What is Company Formation?

Company formation is a process of incorporating a business in the UK as a Limited Company. A company is considered as an organisation that is separate from the individuals who o...

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 ...

What are the company formation documents needed in the UK?

Company formation documents are the key pieces of paperwork required to form and operate a company after it is successfully registered with Companies House. There are three suc...

What are the stages of company formation in the UK?

Company formation is a lengthy process. The entire company forming cycle can be divided into four phases: 1. Promotion stage,  2. Incorporation or registration stage,&nbs...

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...

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...

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...

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

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

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 ad...

Top 5 ways to Advertise your Business

International businesses focus on innovative ways to advertise their products and services. You must have full knowledge about your industry and its products and servi...

Custom Paypal Button: Setup & Integration Guide

A PayPal generic button can be added to your website to give it an attractive look. Add PayPal custom buttons to make your button look a little different to match the ...

UK Tax on Foreign Dividends

If you are a citizen of the UK, you must pay UK income tax on foreign dividends from overseas shares. How are dividends taxed in the UK? If you have your shares in a foreign c...

Declaring Foreign Bank Accounts to HMRC

HMRC has access to financial data worldwide to unprecedented levels. The taxation of profits that come from offshore accounts is often complex.  In 2019, HMRC upda...

How to Set up Direct Debit for your Customers?

You can accept direct debits only when you receive regular payments from your customers,  There are several advantages of using direct debits for your custome...

Top 3 Online Business Ideas in the UK

Ecommerce Business Ecommerce is a rapidly expanding business that is used to sell products and services online. It also supports online transactions. You can sell homema...

How to monetise a website?

If you already have a website to sell your products and services, you can monetise your online presence and use it as your new business. Are you a good content writer and looki...

Stripe Affiliate Program: How does it work?

Stripe is a popular online payment processor, used by millions of business people in over 120 countries, including several well-known brands. Stripe also provides a huge partne...

Co-operative Bank Business Account

A Co-operative Bank can provide you several business accounts for different types of business. This includes nonprofit and community businesses. If your bank gives importance to...

Do you need a Joint / Partnership Business Account

As a co-owner of a partnership, you will have to maintain a long to-do list in the first few months. You might be considering whether to open a dedicated business account for yo...

Order Management Software for UK Companies

Having efficient order management software for your retail and e-commerce businesses is an essential part of your business. It can save you time and money, as well as increase y...

How to buy a business for sale?

If you are planning to buy a business, you must know which sector you are interested in. Also, you must know if you only want to buy a new company or to expand an existing busin...

How does Shopify work in the UK?

If you are planning to start an ecommerce business to sell your products or services, you can use an online platform like Shopify to create and manage your store easily. Steps ...

US Nominee Director

The US Nominee Director is a person who performs all the duties on behalf of you in your LLC company. But you will have full control over your company through the Power of Attor...

How to open a Lloyds business account?

Opening a business bank account in Lloyds requires an online application process. You can also apply or chat with an advisor over the phone, or visit a local Lloyds branch for f...

How to get a UK driving licence

Getting a UK driving licence requires a few easy steps: Apply for your licence Book and pass your theory driving test Book and pass your practical driving test. Step 1 -...

The Best Business Bank accounts for a Limited Company

Opening a business bank account is essential after setting up a new limited company. Limited companies must have their own dedicated business current account that is separate fr...

Stripe International Payments

Stripe is a payment processing platform that supports the online money transfer between a customer's bank account to a merchant’s bank as a payment for goods or services bought ...

Skrill money transfer: How does it work?

Skrill is an online wallet that allows you to send and receive the money within the UK and worldwide. It has a million users as it is an established money transfer service and i...

How to optimize your website SEO in 4 steps

Tide Business Banking | Features & Review

Tide is an electronic money institution that provides business banking services to small enterprises, freelancers, sole traders, and established limited companies. Tide does n...

How to take payments online from clients?

When you sell your product online, you must make sure that your customer can pay you easily. The easier the payment process, the more visitors will visit your website. Also, yo...

Top 5 Work from Home Jobs in the UK

Nowadays, more people are looking for work from home because of the global coronavirus outbreak. What jobs can you do remotely? Several jobs can be done remotely. You just ne...

Cashplus Business Bank Account

Cashplus is a single business current account designed specifically for startups and small businesses. They provide the best banking solutions. Cashplus provides businesses wit...

Get a 5-year-old Readymade UK Limited Company

If you are looking for an up to 5-year-old UK Limited Company then you are on the right page, RTRSupports Limited can offer you up to a 5-year-old UK readymade company...

How to copyright and trademark a company logo?

After designing an amazing logo for your company, you must copyright it to protect it from using it by other people and companies. You just need to apply the © sym...

Difference between trademark and copyright

When you form a new company, you will have to make sure no one else can use your business assets like your logo, marketing slogan, packaging design, or website. The best way yo...

What is CHAPS Payment?

CHAPS Payment is a payment scheme that is used in the UK. It has its own set of advantages and disadvantages and also it comes with unique features. CHAPS payment CHAPS stands...

FIRC: Definition and procedure

What is a FIRC? A FIRC stands for Foreign Inward Remittance Certificate that refers to a document that acts as a testimonial that all incoming international transfers ended up i...

How to open a bank account in Switzerland?

Most people plan to move to Switzerland for working or studying, because of its beautiful scenery and a high standard of living. If you are planning to stay in Switzerland for ...

All about SWIFT Payment

Instead of transferring funds, the SWIFT network delivers payment orders between banks using SWIFT codes. It is used to send money overseas fast, accurately, and safely. It pro...

5-year-old Readymade UK Limited Company

If you are looking for an up to 5-year-old UK Limited Company then you are on the right page, RTRSupports Limited can offer you up to a 5-year-old UK readymade company and UK ba...

Definition of e-invoicing

The exchange of an invoice document in an electronic format between a supplier and a buyer is called e-invoicing. For many years, e-invoicing has been a common B2B practice and ...

Barclays Business Account Charges

The charge applied to the businesses that use multiple payment methods is known as Mixed Payment Plan and the charge applied to the businesses that use electronic payments is kn...

UK business bank account: Types, cost and a step-by-step guide

If you are starting a new business, opening a business bank account is one of the most important things you should do. Do you need a UK business account? Although a business a...

How does a payment gateway work?

A Payment gateway is an online payment service that is used by various types of businesses to accept credit card payments from their customers. It is found in eCommerce platform...

Set up a Barclays business account

There are several ways to open a business account with Barclays, they are: Open a bank account online - Barclays business online banking:  Apply for business bank account...

Barclays Business Account: Types and Features

Barclays Business Account: Types and Features Barclays offers 4 types of business bank accounts for startups as well as growing businesses and social enterprises. These are: ...

How to use Wise with Google Pay?

People in the United States can now easily send money to their friends and relatives living in India and Singapore using Wise inside the Google Pay app. You may now use the qui...

Best places to exchange currency in Los Angeles

If you are planning to visit Los Angeles in the U.S., you will need U.S. currency for cash purchases. So you will need a fair amount of U.S. Currency to make the trip successful...

International Prepaid Debit Card

An international prepaid debit card is known as a currency card that allows you to load money onto it before travelling abroad and use it as a debit card to spend or withdraw ca...

What is a Virtual Assistant?

A Virtual Assistant refers to an assistant who works remotely to provide various services like attending business calls, arranging meetings, digital marketing jobs, managing con...

What is the minimum wage in the UK?

Many people dream of living and working in the United Kingdom. There is a legal National Minimum Wage (NMW) as the wages vary hugely in the UK. For persons over the age of 25, t...

Benefits of using TransferWise for International Money Transfer & its fees

Sending money from one currency to another is never going to be free, but when you use TransferWise, the fees become recognizably lower than the charges required while transferr...

How to transfer money from PayPal to TransferWise? What are its benefits?

PayPal is a famous and easy to use app for making and receiving international payments. However, when it comes to currency conversion costs and exchange rates, PayPal isn't alwa...

Starling Business Account: International payments

Starling Bank is mainly open for business purposes, both for limited companies and sole traders.  Nowadays all business owners are looking to expand their businesses globa...

What is the use of IBAN, SWIFT and Sort code?

IBAN An International Bank Account Number (IBAN) of your bank account is required when making an international payment. IBAN is required when you are making a SEPA transfer....

What is a UTR number and how to get it?

A UTR number is your Unique Taxpayer Number assigned by HMRC to each self-assessment taxpayer to track their tax records. Also, it is required while submitting tax returns to HM...

Deutsche Business Bank Account: Charges and features

Deutsche Business Bank Account: Charges and featuresNowadays it is very confusing to choose a business bank account as there are lots of options available. Among those options, ...

Incorporating a company in the USA

Incorporating a company in the USA USA incorporation is possible without a Social Security Number (SSN) for both U.S residents and non-U.S residents. Corporation in Delaware: ...

Quick guide for company setup

UK LTD Company Setup: Legal requirements: 1. A UK registered office address (not a P.O Box address) At least one director and one shareholder  Receive postal mail at y...

UTR Number in India | Its uses & importance

A UTR or Unique Transaction Reference number is a reference number for identifying a particular transaction in NEFT, IMPS or RTGS. It is a unique number generated by the bank th...

Definition of IBAN

The International Bank Account Number is a unique identifier that helps to process payments from banks to persons all over the world automatically. It has all bank account-relat...

Wise: International money transfer

International money transfer becomes a part of the day to day lifestyle as nowadays more people are moving and travelling abroad. As there are a lot of options available to send...

Transfast International Transfer

Transfast is an online money transfer service for individuals and businesses. This service is for the residents of the United States and Canada to send money to more than 50 cou...

ACH payment: How does it work?

ACH payment stands for automated clearing house payment is a secure online money-transfer system where money is sent from one bank account to another and can be either a credit ...

Citibank business banking

Citibank, headquartered in New York, is a major consumer bank. It provides small and big businesses with business bank accounts and business solutions. Citibank is well known f...

What is the UTR Number in India? | Its uses & importance

A UTR or Unique Transaction Reference number is a reference number for identifying a particular transaction in NEFT, IMPS or RTGS. It is a unique number generated by the bank th...

PayPal payment gateway and its uses

PayPal payment gateway is a financial tool that helps to conduct money transactions online all over the world without entering any financial details into every website you deal ...

What is PayUmoney

PayUmoney is a payment gateway service provider in India that aims to create a safe and secure ecosystem to make online payment easy for merchants and customers. PayU provides ...

How to save tax for UK companies?

Many UK businesses pay too much tax annually because they do not claim justifiable tax deductions. This problem is mostly faced by small businesses as some companies prefer to h...

How to convert a sole trader to a limited company?

The imbalance of tax and disbalance of financial security with different types of self-employed workers and small business owners in the UK leads many people to the benefits of ...

Advantages of opening an offshore company in Delaware

The Global business owners refer to extending their horizons into numerous offshore destinations with some ambitions. The strategic way for the industry to reach its profit marg...

8 Phases to shape your own limited company

When you have chosen to trade with your own limited company, you must apply to Companies House, the company's registrar. You can apply your application directly – either electro...

How to create an Offshore Company in the UK

The process of establishing an offshore company is faster and easier than establishing an onshore company. Choose a Company name: You must choose a proper company name by sele...

Advantages of Virtual Business address in UK

It only allows higher efficiency, lower commuting costs and greater flexibility. The virtual offices in which dramatically reduce the overheads and infrastructure costs for maki...

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 make informed dec...

Common mistakes in small business startup

It's not always easy to start a business. There are so many things to think about and choices to make; the strain can cause you to make a poor decision that will damage your pro...

Advantages and disadvantages of LLP

Limited liability partnerships are generally referred to as LLPs in their abbreviated form. In 2000, the Partnerships Act 2000 implemented LLPs to include relationships that pre...

Advantages of Community Interest Company (CIC)

A community interest corporation (or CIC) is a special type of non-charitable limited company that operates solely for the benefit of a society or for the purpose of serving a s...

Benefits of UK company formation for non-resident

What the overwhelming majority of people, especially UK residents, don't realise is that the UK is a tax haven offshore to the rest of the world. There are many benefits to be g...

Advantages of UK company formation

Being a sole trader can be a big step to become a company’s director from a self-employed. There are several benefits to take your business a step further and operate as a limit...

UK Nominee Director Services

The nominee director will be identified on the official records and will have official control over your company. We will also provide a general proxy document that will hand co...

UK company formation for non-resident

It's a great option for anyone doing business in the UK. You'll have access to one of the world's premier markets. In other nations, you'll have the same privileges as any busin...

Four steps to plan a company formation

A good product is an important starting point but a range of variables need to be considered. Evaluating the points below will allow you to frame a successful and sustainable bu...

Setting up a Limited Company in the UK

For the setup of a Limited Company in the UK, in which there is no limit on the ethnicity or position of e the directors or shareholders. The non-resident person can be the dire...

What is Limited by Guarantee Company?

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

Why is bookkeeping essential?

Bookkeeping is important to help you keep the financial records correct. But this vital method also struggles to be applied by many organizations. Apart from the fact that you a...

Role of Nominee Director in UK Company formation

We have 'nominee' directors named to the subsidiary companies within foreign corporate groupings. This could be a local representative person or a senior manager, which is a dir...

Top 5 Myths for Company Formation

There are several myths about UK company formation. It is not a difficult task to register a UK company, whether directly using Companies House or a company formation agent. Thi...

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...

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...

Banks with Bitcoin and other Cryptocurrencies

What is BitcoinBitcoin is one of the cash which was made in the year 2009. It is a type of decentralized digital currency. It empowers clients to make payments instantly to anyb...

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 ...

Incorporating a company in the British Virgin Islands (BVI)

The British Virgin Islands is one of the largest offshore financial hubs in the world and the primary venue for the incorporation of offshore companies. There is a strong offsh...

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. This is not due to some of them being necessarily wrong there are onl...

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...

General ledger maintenance

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

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...

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 o...

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...

What are the Advantages and Disadvantages of VAT registration?

Value Added Tax (VAT) is charged on most of the goods and services provided by VAT-registered businesses in the UK, along with some goods and services imported from non-EU count...

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 ...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

Offshore Companies in the UAE

An Offshore Company is a legal business element that is set up with the expectation of operating outside its registered location as well as the area of its final ownership. Offs...

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...

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...

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...

The journey of RTR Supports Limited

We are overjoyed to announce that RTR Supports Limited has completed 7 years of its amazing journey. On this date, RTRSupport limited acquired its desired position in the corpor...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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 yo...

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...

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 ...

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...

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...

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...

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...

What are the important points to know about PSC registers?

All UK companies establish and maintain a Registry of People with Significant Control (PSC Registry). Each company needs to take reasonable measures to determine whether its bus...

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...

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...

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 which stage you are in, y...

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...

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...

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...

How to form a Subsidiary Company?

Subsidiary company formation is almost the same as setting up a standard company. Before explaining the formation process of a subsidiary company it is vital to know about the s...

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...

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...

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....

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...

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...

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...

How to start an offshore business in the UK?

The process of setting up an offshore company in the UK is easier than setting up a company in other offshore entities. Here are the ways you can set up your offshore company i...

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...

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...

Evaluate Bookkeeping and Accounting services 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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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- Pa...

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 ...

Why do you need to register a company logo?

To gain the attention of your customers, your company has to be completely attractive. You have to assure that consumers will immediately recognize your products and be inclined...

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 passionate about starting your own bus...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 a...

Setting up a limited company with one person

A limited company in the UK may be registered with the Companies House by a single person. At least one director and one member must be identified, i.e. the shareholder or guara...

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 ...

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...

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...

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...

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...

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 ...

Appointing and removing a company director

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

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 ...

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...

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

Things to consider while choosing a state to incorporate Most of the people choose Delaware to set up their LLC or corporation. Setting up a company in Delaware indicates that ...

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 ...

Top 8 reasons to set up a Delaware LLC

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

4 things about a Delaware LLC

When you open a Delaware LLC, you should have some idea about the certificate of incorporation, the operating agreement, corporate tax choices, and how to manage the company aft...

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...

Mauritius- A Tax Haven

Throughout the year, Mauritius has grown into an excellent tax haven and an offshore area. Mauritius has unusual offshore management, such as offshore banking and banking facili...

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 co...

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 ...

What happens to the LLC membership interest after death?

The owners need to provide a plan for what happens if a member dies, in both single-member and multi-member LLCs.Should the LLC proceed or should it automatically cause cancella...

How to open a bank account for a Delaware LLC?

In the USA, 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 Delawa...

History of LLC

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 car...

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

The 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 digi...

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 ...

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...

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...

What is trademark registration?

Branding and trademarks are a synonym for a company's image. Registration of a trademark is a way to protect the brand or concept. As an example, nobody else can use the name of...

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...

Setting up a Start-up: 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...

What is an LLC Registered Agent?

In any state in which they do business, a business owner should not be physically present. Therefore, in order to provide any substantial legal or tax documentation that may be ...

What is AML (Anti-money laundering)?

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

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, and ...

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...

UK company setup 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...

Choosing a company name for Companies House registration

The company should be carefully selected as it has many entanglements. It should be dynamic enough that people can commit to memory and yet realistic enough to support SEO marke...

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...

What is a CIC company?

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 ...

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...

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 compan...

Offshore/Overseas Company Setup Online with Bank Account

An offshore company with a bank account can help you to gain profit from tax regulation. Low or 0 tax offshore companies incorporated in jurisdictions, usually characterized as ...

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...

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...

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,...

Top 5 reasons to set up an offshore company

In recent years, offshore companies and tax haven entities have been in the limelight. Many individuals, however, are still unaware of the need to set up an offshore company. Bu...

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...

How to restore a company that has been closed?

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

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....

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...

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...

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...

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...

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...

Affordable Offshore/Overseas Company Formation

Hello, there! If you are looking for a low-cost offshore service, here is the solution for your requirement. Many companies and individuals find the tax and revenue advantages ...

Advantages of Virtual Business address in the UK

A Virtual Office address gives an address to your company without physical office space. You can work remotely from any part of the world virtually while your business keeps up ...