Read our blog posts below for information and advice on company formations, VAT registration, company types, business banking, and many other aspects of starting and building your business.
10 August 2021
The EORI Register is a replacement of the Traders Union Reference Number System, and it provides a list of businesses that are registered to trade in the EU. It was launched in July 2009 and tracks imports and exports within the EU. EORI stands from Economic Operator Registration and Identification number, and it is a legal requirement for many businesses in the UK.
10 August 2021
There are plenty of reasons for buying a ready made UK company, apart from the obvious ‘time saving’ approach. If you’re already reading this, you may already be curious as to how a ready made company, more commonly known as an off the shelf company, could fit with your new business venture. To make it simple, we’ve created a list of benefits for you.
10 August 2021
Ready made companies are companies that have already been registered with Companies House.
They offer a number of benefits, making them a tempting choice for business-minded people.
10 August 2021
Obtaining an EORI number is a legal requirement if you wish to trade (import or export) goods outside of the EU. It was introduced in 2009, and allows you, or your business, you to trade safely. Depending on whether or not you are VAT registered in the UK, will depend on which form you will need to complete, and Paramount Formations can help with this.
10 August 2021
Are you thinking of setting up and registering a limited company in the UK? The process can seem daunting for some, especially if you’re hoping to set up a business in the UK from abroad. The good news is we’ll talk you through the details, and the better news is we can sort it all out for you too.
10 August 2021
A Paramount Customer Asks: I am interested in obtaining a certain company, but I am not in a position to start trading with it for a while yet – can I register a company but leave it dormant?
Whilst you can register a company and then leave it dormant, you will need to ensure it meets certain criteria to make it eligible. But first things first, why would you register a dormant company?
10 August 2021
Most people do not want to consider or talk about what happens when a business partner dies. However, it is an important part of planning when forming a business in order to avoid struggling to implement the next steps for the business during a difficult time.
10 August 2021
Under new insolvency rules, if under restrictions from bankruptcy directors can now be disqualified from acting as a limited company director.
10 August 2021
A minimum of one director is required to register a company. Following registration, your company must have at least one director, but there is no statutory limit to the number of directors a company appoints during or after incorporation.
09 August 2021
It can be both exciting and daunting when setting up and starting a new business. There is a lot to consider and plan for in order to start off stably and aim to continue trading successfully. In this article we will share five important steps to take when building your start-up.
