Establish a company in Britain easily within minutes from the comfort of your home

on April 11, 2024

Establishing a company in Britain is a dream for many who aspire to enter the business world through wide doors, but perhaps the possibility of travel and movement may prevent you from doing so. Here we have come to you with the magical solution that allows you to establish a company in Britain wherever you are with ease and at any time while sitting in your home and within a few minutes, and we will explain to you in detail how to achieve this dream without effort.

Reasons to set up a company in Britain

There must be many obvious reasons that push you to establish a company in Britain, whether in terms of laws, entering the world, or being an attractive commercial center that gives you progress and expansion, but there are other reasons that push you to open a company in Britain.

  • You may have the desire to work online, but you are a resident of a country that prohibits ownership by non-citizens, and thus you have found solutions to establish a company.
  • If you open a company in Britain, you will have created a global company and been able to obtain an address in Britain.
  • Of course, there are many benefits, advantages and facilities that everyone wants to obtain, and the method of establishing a company is easy, fast and does not require any effort.

Advantages of establishing a company in Britain

There is no doubt that the advantages and benefits of establishing a company in Britain are many and will push you to enter immediately to start the path to success. These advantages allow the company owner to have freedom in place, money and dealing in all aspects. It is worth noting that these advantages are important for those outside Britain. Here we present some of the most important of these advantages.

  • Possibility of obtaining an address in Britain.
  • Follow the company through the website.
  • The possibility of choosing 4 SIC codes, as each type of work is given a special code, and here in our case we will get four others with the basic code, which allows entry into different fields so that the person can open more than one company in the future under one record.
  • The possibility of making the company dormant, i.e. suspended, by changing the SIC code to 99999, and thus the company enters a dormant state without closing or activating. This option helps in reducing the fees that must be paid, which works to save until all the appropriate factors for launch are secured.
  • Ability to change company field easily by simply changing SIC code.
  • The possibility of obtaining an Apostilled document, which is a document that allows opening bank accounts outside Britain. This is important if you live outside Britain.
  • Obtain the record and official papers easily and quickly with just the click of a button, with the possibility of delivering all the papers to you.
  • The ability to register for email services, which allows you to stay informed of the latest news.
  • Possibility of registering for postal services.
  • Create a free private bank account, which is a business bank with multiple currencies through Wise, which facilitates business in the event that there are main clients from more than one country, with the possibility of transferring in their currency simply.
  • Register with VAT & HMRC which is the tax authority you will be dealing with in the future.
  • Get a company domain.

Steps to set up a company in Britain

The steps to establish a company in Britain are very easy and only require a few minutes of work wherever you are and at any time you want by registering on the website yourcompanyformations.co.uk. Here we present the basic steps with all the details.

  • First, we enter the site through the previous link, then we choose to create an account.
  • We then choose the company name and its type, as there are many types. Here we recommend choosing the LTD type. After that, we make sure whether the name we chose is available or not.
  • We choose the type of package we need, each with its own services and prices.
  • We complete the procedures and then get the registration details file.

Types of companies

We must mention that there are many types of companies that can be chosen from, and we will mention some of them.

  • Limited company is a private limited company.
  • Guarantee is a company limited by guarantee.
  • Property
  • Charity includes social enterprises.
  • RTM
  • LLP is a limited liability company.
  • PLC is a public limited company.

After we have chosen the preferred type of company, which is LTD, we continue to choose the package, each of which includes specific services, noting that it is possible to later add the preferred services to the basic package, and here there are many packages that we will mention.

  • Digital gives you company papers electronically.
  • Digital and print: Here you can obtain company papers electronically and send printed copies by mail.
  • Privacy has more options such as giving a UK address.
  • Fully inclusive, and here the services increase more to find an address with email services, accounting, annual reports on updating company information, and others.
  • International also includes the address and services of the past with future useful services such as international mail.

Now we choose the package you want, let it be international, then we move to the next page that displays all the service information with the package, along with the services that can be added when desired, such as a stamp, phone number, etc., followed by moving to the payment process.

After completing the steps to establish a company in Britain, a confirmation email comes asking you to send official papers attached with a link that takes you to an assistant application in order to upload the documents, which are usually a passport, proof of residence through a bank statement or invoices, and a birth certificate. They must be printed copies and photographed directly upon sending. Finally, an immediate personal photo is requested.

Two weeks after registration, a link containing the tax number is sent via email from the Tax Authority. This is an important number for future financial transactions. You can access the attached link, create an account, and complete the required data. Of course, the accountant can do this work when needed.

As we have noticed, setting up a company in the UK is very easy and apart from the benefits you will get, there are many options available that make getting started even easier.

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