Wednesday, December 16, 2009

How to Set Up a Business in the UK

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:
  • 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.
Seeking the professional assistance of company registration agents is the best way to set up a business in UK. An agent well-equipped to handle your company incorporation needs, while assisting you in understanding the rules of company set up is Company Formations 24.7. The agent provides you quick company registration services in the UK, and also helps you in finding a suitable company name and office location and the appointment of directors and secretaries.

1 comment:

10timesbetter said...

More information on company formation and other relevant services.