Establishing a company provides a protective barrier for business assets and ensures a clear separation between personal and business finances.
Company formation instills credibility in your business, fostering trust with customers and vendors. It signals that you are a legitimate organization rather than an individual operating from a home or garage.
Entrepreneurs can benefit from creating a limited company as it offers advantages over being a sole trader. Limited companies in the UK are taxed at a rate of 19% on profits. As a director or shareholder, you have the flexibility to take a minimal salary and focus on receiving dividends.
Limited liability is a crucial feature of a limited company. It means that the personal assets of the company's owners (shareholders) are separate from the company's finances. If the company faces financial difficulties or legal issues, the personal assets of the shareholders are generally protected, and they are not personally responsible for the company's debts beyond their investment in the business.
We'll evaluate your requirements and suggest the most suitable ownership structure based on your shareholdings and tax efficiency. Additionally, we can draft the necessary memorandum and articles of association to align with your shareholder resolution.
We are experts in company formations, accounting, and business support services. Abedin is a one-stop center for all your business formation needs. Our dedicated team will help you set up your new company or prepare any required documentation or filings at Companies House.
We can set up a registered address for you at your preferred location. This address can be used as your registered address to operate your business and is where we will send your documents when requested.
Our dedicated team at Abedin Accountants is committed to ensuring a seamless and hassle-free business formation process for you. From registering VAT numbers and payroll to providing advice on payroll software, we cover all aspects to set up your company effectively.
We are pleased to provide our clients with a comprehensive Company Formations pack, ensuring that your business fully complies with all relevant company law requirements and has everything in place.
Our team at Abedin Accountants can assist you in setting up your business bank account. We understand that this process can be daunting, and we are here to guide you through every step. With a commitment to excellent customer service, our goal is to make this process as smooth and straightforward as possible for you. We are here to help!
FUELING YOUR BUSINESS GROWTH
Typically, we can help you in setting up your business with Companies House within 24 hours.
No, you can use either your business address or your home address. However, consider exploring our registered office address service and the benefits it offers for your business.
In our initial meeting, we'll evaluate your requirements and provide guidance on whether VAT or PAYE registration is necessary for your business.