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UK Business Set Up

From zero to one: setting up a company in the UK

The UK is one of the most important financial centers in the world. Companies from all over the world come to the UK to set up companies to enter the European market. In addition, the United Kingdom is a country that attaches great importance to the spirit of the contract and the law, and the funds invested in the United Kingdom can be effectively guaranteed. Since the establishment of a company in the UK involves many legal and tax issues, it is not easy for companies that have just entered the UK market. Our professional accounting team can use company secretarial services to help investors take root in the UK from scratch and register Office, completing registration with the Companies Registry and handling annual compliance, etc., so that you can devote yourself to business development.

Four major services to ensure company compliance and legality

1. Company secretarial services

We will handle the company's administrative affairs for you, ensuring that the company complies with relevant laws and regulations, including company registration and holding meetings of directors and shareholders.

2. Annual Compliance and Companies Registry Filing

After setting up a company in the UK, in order to ensure the legal operation of the company, the company needs to submit regular annual reports and financial statements in accordance with the regulations of the company registry. We can help clients complete these declarations to ensure that companies comply with the provisions of UK company law and avoid fines or other legal sanctions for non-compliance.

3.  Registered Office

Setting up a company in the UK requires providing a registered office address for receiving official mail and legal documents. We can provide clients with registered office addresses and assist with registered office related matters such as mail forwarding, deposit and update of company registration information

4. Employee Recruitment and Labor Regulations

After setting up a company in the UK, if you need to hire employees, you must understand the UK's labor laws and regulations, such as minimum wages, working hours regulations, holiday policies, social insurance and pensions, etc. There are many laws and regulations on labor in the UK. To protect the interests of employees, through our professional services, you can greatly reduce the problems caused by conflicts between labor and capital in the future.

  • How does WONG&YIP Accountants handle tax issues for customers?
    Our professional accountant team is composed of licensed accountants in Hong Kong and the United Kingdom, and serves individuals, companies, and real estate investment in three categories. ‧Personal aspects: We can provide clients with professional assessment and analysis, answer tax-related questions, and handle tax declaration procedures for clients to ensure that all procedures are compliant. ‧Company aspects: We can help customers establish companies from scratch in the UK, handle daily bookkeeping and accounting work, set up payroll systems, contract company accounting services, prepare financial statements, and handle UK and EU value-added tax, etc. ‧Real estate investment: We can handle stamp duty assessment and tax refund for customers, and tax issues for overseas owners.
  • How much is the fee of WONG&YIP Acountants?
    Since the tax issues or handling methods faced by different people are very different, our service charges will be flexible, depending on the needs and circumstances of customers, and we will give customers fair and reasonable quotations.
  • What documents do I need to prepare?
    Since everyone's tax problems are different and the required information is also different, we recommend that customers contact us with WhatsApp first and explain your situation initially. We will discuss the relevant inquiries with customers and then prepare relevant documents for us to improve services. quality and efficiency.
  • How do accountants protect clients' privacy and confidential information?
    All of our accountants are licensed professional accountants. In all cases, the principle of confidentiality will be observed. Unless legal or professional obligations require disclosure, all information will be kept confidential. We will require customers to sign a confidentiality agreement, encrypt the data provided by customers, keep customer information in a safe place, and protect network security through firewalls and anti-virus software. Management customers no longer need to use the data.
  • What are the benefits of finding a professional accountant to handle taxation?
    Our accounting and taxation services can help clients manage their personal or corporate tax situations more efficiently, and at the same time provide clients with professional tax advice, such as providing advice on reducing tax expenses and improving their personal or corporate financial status.
  • What is the use of outsourcing company accounting services? What are the benefits?
    For start-ups, due to limited resources, most of the accounting work will be undertaken by the founders alone. By outsourcing the accounting work to our company, the boss can focus more on business development, and at the same time avoid being unfamiliar with accounting operations or tax systems. resulting in losses. In the UK, the cost of hiring a professional accountant is high. By outsourcing the accounting work to a professional accountant, you can enjoy professional accounting services at a lower price and avoid the problem of hiring the wrong person. Therefore, outsourcing accounting services is often used in many cases. It's all safe practice.
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