How to Start a Company in the UK | UK Business Formation Online with Companies House
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- เผยแพร่เมื่อ 3 ต.ค. 2024
- #RegisterUKCompany #smallbusinessuk #entrepreneurship #businessregistration #entrepreneurtips #hmrc #ukbusinessvisa #ukbusinesses #ukbusiness #sponsorlicence #sponsorlicencecompliance #sponsorlicenceapplication #vat
Ready to launch your dream business in the UK? Discover the step-by-step process of starting a company and navigating the intricacies of business formation online, all with the help of Companies House. Our comprehensive guide covers everything you need to know, from registration to legal requirements. Whether you're an aspiring entrepreneur or a seasoned pro, this video will be your go-to resource for successfully setting up a business in the UK. Don't miss out on valuable tips and insights - hit that play button now and embark on your business journey!
@YourKnowledgeBuddy @GarryTV
Contact : Dr_Khan@consultant.com
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UK limited company for non-residents is relatively straightforward. However, keep in mind that regulations may have changed since then, so it's essential to check the latest guidelines on the UK government's official website or consult with a professional advisor for the most up-to-date information. Here's a general outline of the process: Company Name: Choose a unique company name that complies with the naming regulations of Companies House. Registered Office Address: You need a physical address in the UK where official documents can be sent. This could be your business address or the address of your company formation agent. Company Directors and Shareholders. After watching this video, you'll be ready to start your business in the UK! Are you ready to launch your UK LTD company? In this video, I'll walk you through the entire process of registering and launching your UK LTD company, from start to finish. Before proceeding, it's highly recommended to seek professional advice from a solicitor, accountant, or company formation expert with experience in dealing with non-resident company registrations in the UK.
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Hi, I'm thinking of reselling stuff on eBay, when do you have to register with HMRC, before or after you earn £1000? Thanks
Hello Sir
Is this also applicable to registering a healthcare company?
Yes, but after opening a business you need licence to run health care business (depends what are you doing and what you wants to achieve)
How to open a business account create a video plz
Do you mean Business Bank Account ? Let me know and will do my best...
@@UKknowledgeGuruyes please make a video on it as well
Hello sir,
Can I open an online tuition centre? I will setup a small physical office but I will be offering online tutoring service and personal tutoring at student’s home.
Is it possible to get sponsorship on that??
I would like to be the only director and shareholder. But is it possible to increase the shareholders in the future?
Yes, you can change %
That’s great advice about companies
what if we don't have directors ?
No, you cannot open a company in the UK without directors. You can think about Appoint a nominee director: This is a professional service provided by certain companies. They act as a director on your behalf, handling the administrative duties.
If you want to discuss this in detail then just book call back appointment and will explain you how ukknowledgeguru.zohobookings.eu/#/ukknowledgeguru
Hi I need to open a sole company not a limited one what are all the procedures
There seems to be a slight misunderstanding. A sole trader isn't actually a company. It's a business structure where you, as an individual, run the business. This means you and the business are considered the same legal entity.
Choose a business name. You can't use a name that already exists for a limited company or registered trademark. Check availability on the Companies House website www.gov.uk/government/organisations/companies-house.
Keep good business records. You'll need them to calculate your tax bill.
You might need to register for VAT (Value Added Tax) if your turnover exceeds £85,000 in a year. You can check and register on the HMRC website.
I currently own a company in Pakistan named "Naj Traders". I am interested in registering my company in the UK to facilitate obtaining visas for my family more easily. Could you please provide me with the minimum financial requirements and the necessary documents for this process?
Thank you.
registering a company in the UK won't directly guarantee easier visas for your family. For the question Minimum share capital: There is no minimum requirement.
For your question Documents needed: Company name, director information, registered office address.
But, If you are in Pak and want to immigrate to UK using your current business. Then you will apply for UK expansion worker Visa.th-cam.com/video/Tz4L65BD4Ro/w-d-xo.html This visa is to expand your business, you will come on this visa and then you will open a company in the UK. If your business is genuine and its got good turnover then this option is the genuine and best option. Pls do not pay anyone, there are far too many scams. B careful. th-cam.com/video/wXpA9EXKpT0/w-d-xo.html
I reside in the Middle East while my brother resides in the UK on a dependent visa. If I establish an IT-related business and make him a 50% shareholder, would he be able to transition his visa to self-employment status and subsequently draw a salary? Additionally, is it necessary to have a partner with a British passport? Furthermore, what is the maximum number of overseas partners I can include? Lastly, would my brother's employment be categorized as skilled?
Hi, I have my registered business in India for 7 years now and I moved to UK recently on dependent visa. Can I register my business here in UK? Like my India business having another entity in UK ? I am into HR consulting business most of my work is remote. Kindly suggest how to go about. Thanks in advance.
Yes, you can register business on this visa and you can open a branch office of the same business. Many companies do that, you can use your Home Address for it too if its all remote work from Home. HMRC only bother about tax, which you should pay to keep all smooth.
I am in the UK on a dependent visa, and I want to keep my job while also starting my own company. Can I do both simultaneously?
Yes, you can do that
Is it possible to do online business while in PSW and then apply for the self-sponsorship later on?
Additionally, while registering the company Can I do it on my name or else do I need to look for the one with British Passport holder?
Yes, you can apply sponsor lic on any company. You can either do it on your own name and hire AO full time on payroll or make a director of the company.
Watch this video, for clear guidance
th-cam.com/video/eDiTPAuE830/w-d-xo.html
I am a student in Uk. I want to start a amazon business here. My one family member who is in iLR. So if I open the company on his own. Cam I make myself as a partner or shareholder or as a in the company.
Yes, its all possible with their ILR and you can switch. Do like this applicant did...follow the steps !!! best of luck th-cam.com/video/HzIMyS5qRYs/w-d-xo.html
Can i create wise business account with this company info?
Yes, if you open a company and after that you can apply for the wise business account.
I run a BPO from India. I have a contract with a British company as a partner we sell utility contracts as a broker. Can I register a company in the UK virtually from here in India? If yes then what are the steps?
Yes, you can register a company in the UK virtually from India to work with your British partner. Here's a breakdown of the process:
1. Decide on the Business Structure:
Limited Company: This is the most common option for businesses and offers limited liability protection.
2. Choose a Company Name:
Use the Companies House www.gov.uk/government/organisations/companies-house website to check for name availability.
3. Appoint a Director:
At least one director is required, who can be you or someone else (must be over 16 and not disqualified).
4. Register Your Company:
You can register online through the Companies House website www.gov.uk/limited-company-formation/register-your-company or use a formation agent service for assistance.
Documents Needed:
Proposed company name
Director details (name, address, nationality, etc.)
Registered office address in the UK (you can use a virtual office service)
Memorandum and Articles of Association (defines company rules)
5. Open a Business Bank Account:
Once registered, you can open a UK business bank account to handle finances.
Additional Considerations:
Taxes: You will need to register for UK taxes for your company. Contact a UK accountant for guidance.
VAT (Value Added Tax): You may need to register for VAT if your taxable turnover exceeds a certain threshold.
Here are some resources to help you further:
Register a company in UK: www.gov.uk/limited-company-formation/register-your-company
Starting a business in the UK: www.gov.uk/set-up-limited-company
UK tax for businesses: www.gov.uk/corporation-tax
@@UKknowledgeGuru Do you know if I get a direct contract as a sub-broker after forming my company virtually in the UK?
I come to uk as dependent what can i do to start a Company? Do i need to find a partner who hold a british passport and the company is registered on his name and i can be only share Holder get sponsor from my company ? Halp me out thank you
Starting a company in the UK as a dependent on a visa can be done, but there are limitations and complexities to consider. Can you directly start a company?
Yes, you can technically register a company in the UK even on a dependent visa. However, your ability to work for the company or actively manage it may be restricted depending on your specific visa type.
Restrictions on working: Some dependent visas, like those tied to skilled worker visas, allow limited self-employment but not full-time paid employment. This means you might not be able to draw a salary from your own company unless you switch to a visa that allows full-time self-employment.
Start a company but avoid paid work: You can register the company and be involved in its initial setup and planning. However, you wouldn't be able to draw a salary until you switch to a visa that allows full-time self-employment.
Find a British partner: As you suggested, partnering with a British citizen or someone with a work visa who would act as the director and manage the company while you hold shares can be an option. However, ensure a genuine business relationship and avoid creating a "sham" arrangement just for visa purposes.
Switch to a self-employment visa: Consider exploring options like the Innovator Visa or the Start-up Visa, which are specifically designed for entrepreneurs. These visas have specific requirements but offer the ability to work full-time for your own business.
Resources and help:
UK Visas and Immigration (UKVI): www.gov.uk/browse/visas-immigration
Immigration lawyers: Consult with a qualified UK immigration lawyer for detailed advice based on your specific visa and business plans.
Business support organizations: Organizations like the Federation of Small Businesses (FSB) offer resources and support for setting up businesses in the UK. www.fsb.org.uk/
Remember: Starting a business involves time, effort, and financial commitment. Carefully research, assess your options, and seek professional guidance before making any decisions.
I hope this information helps!
So after i register the company can igot account bank
Yes, if you fulfil all banks requirements to one the UK bank account
As I am on flr right now after student visa due to university delayed my result. Can I rejistered my own company? I have to registered by my own name or I have find some one with british passport holder for Register the company by his or her name.
Yes, you can register your company under your own name and to open a company you don't need British National. Best of Luck...
Is a UK resident required to be director for Incorporating a Pvt company?
No, a UK resident is not required to be a director for incorporating a private company (Ltd) in the UK.
Salam Guru, I am planning to apply for sponsorship license for self sponsorship. Do I need British as director?
I am Italian not resident can I register a Limited company? Do I need something for work? I mean visa
You can open a company in UK even if you are not British National. But do plan visa stuff before jumping on this boat.
@@UKknowledgeGuruIs necessary have a passport for register a company in UK? I mean if during register process can I use my identity card?
Yes you can use your identity to open a company but you will need passport too as HMRC Public register displays the Directors Nationality
Dear sir I'm registered company but I'm outside county in register but after how becomeing
Sorry can you pls rephrase your question. thx
@@UKknowledgeGuru before 2 days back I'm registered limited company andastan
But after coming company certificate how after become apply visa immigration jest tell me what company approval after coming self sponsorship certificate?
Iim a company director
Hi,
For sponsored licence, do we have to input another shareholder and director to be included while registering for business, is it mandatory?
also is it mandatory while doing skilled worker application later on ?
lastly not least, if want to register a business which is selling online, what is best to go for sole trader or ltd?
No, there is no requirement to have another shareholder or director when registering a business for a sponsored licence or a Skilled Worker visa application.
You can be the sole director and shareholder when applying for a sponsored licence. However, the UKVI will assess the financial viability and credibility of your business, so a single director/shareholder might require a robust business plan and evidence of funding.
@@UKknowledgeGuru thank you so much for giving feedback, also, I have sent an email regarding to understand few things, and I will interact on email you provide.
Thank you so much again for the help
@@UKknowledgeGuru Dear Khan, I have sent you an email that you provided in a video to ask a little bit further. Could you please respond to that email. Appreciate your effort and thank you
Have I replied you over the email ? Let me know if not, resend the email. I have replied to all the emails which I received until 28th June 2024
@@UKknowledgeGuru yes received it. Thank you
Is it necessary to make sharr holder if wesay no shRe holder wht will happened
Do you mean in context to Sponsor Licence ?
Hi, which type of company is good for IT start up
Limited company by shares
If I am on flr can I register company on my name ?
Certainly! If you are on a Family Life as a Partner (FLR(M)) visa in the UK, you can indeed register a company in your name
How can I contact you?
Sorry for late response, as I was busy with my certification exam. Yes you can send me an email at
Dr_Khan@consultant.com
How to do the KYC verification
Are you a company or individual ? From which aspect you want to do KYC. Here are the steps:
Gather and verify customer information including full name, address, date of birth, and ID documents (passport, driving license, etc.).
Use reputable sources like electoral registers or credit reference agencies for verification.
Apply Simplified CDD for low-risk customers, Standard CDD for most customers, and Enhanced CDD for high-risk customers.