Setting up a business in a new location or a new country are effective ways of ensuring optimum business growth. For instance, you can set up a business in UK by starting a new company, opening a branch of an existing company, or by purchasing a ready made company. In the first two cases, you need to register your company with the registrar of the Companies House. The Companies House is the official agency in the UK that oversees the formalities of new company formations. Ready made companies are existent, already registered companies.
While deciding to set up a business in UK, you might be confused about selecting a company name or understanding the rules of registration. You can get your doubts clarified through the information manual of the Companies House. The manual is available online as well as in paper format. With proper awareness about the company formation rules, you can set up a business in UK quite easily.
Set Up a Business in UK: Tips
When you set up a business in UK, be sure to follow these steps:
While deciding to set up a business in UK, you might be confused about selecting a company name or understanding the rules of registration. You can get your doubts clarified through the information manual of the Companies House. The manual is available online as well as in paper format. With proper awareness about the company formation rules, you can set up a business in UK quite easily.
Set Up a Business in UK: Tips
When you set up a business in UK, be sure to follow these steps:
- First, choose a name for your company. Remember that names with words, such as ‘national’ or ‘country,’ requires special permission from the Secretary of State. Also, names that signify authority or the government, such as ‘federation’ or ‘society,’ must also be avoided.
- You must submit the registration form, along with the fee, to the Registrar of the Companies House within a month of setting up your business. When you are opening a branch of your existing company in the UK, you must certify your documents from the country of origin. You also need to submit a copy of the most recent audited accounts.
- In case you are setting up a new company in the UK, you must appoint directors and a secretary for your company.
- Mail the documents and registration fee to the Registrar of Companies House. If you have any problems in understanding the rules, you can contact the registrar to get them clarified.
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More information on company formation and other relevant services.
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