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Our Blog

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.

08 December 2023

How to Form a Business With Sole Proprietorship

Whether you’re looking to go freelance, work additional hours alongside your current job, or turn your passion into a profession, forming a business as a sole proprietor is a straightforward and reasonably quick process. This article outlines the benefits of this business structure and the steps you need to follow to form a business with…

03 November 2023

What Is Required To Register For VAT?

Being VAT-registered can lead to cost savings, competitive advantages and access to financial schemes offered by the government. But what is required to register for VAT? This article discusses the benefits of being VAT-registered and what is needed to do so.

02 October 2023

Is it Better to be a Sole Trader or a Limited Company?

When you’re considering starting a business, choosing the correct legal structure is one of the most important decisions you will make, as this affects everything from how you pay taxes and get paid to the level of liability you have.

18 September 2023

4 Ways To Form A Business

Setting up a business in the UK can be done in a number of ways, but all of them require registration of some sort to be legally recognised by the government.

However, before registering your company, you must decide on a business structure.

22 August 2023

Why Form a Business Partnership?

If two or more people want to join forces but don’t want to set up a limited company, a partnership offers a great alternative. This article discusses the different types of partnerships and outlines the benefits to help you decide the next step for your business.

18 July 2023

How to Form A Business Proposal

Business proposals are invaluable, persuasive sales documents designed to help win additional contracts, secure vital funding, and form new business partnerships.

A perfectly-crafted business proposal can often mean the difference between winning or losing a deal. However, writing a winning business proposal can be intimidating, even for the most experienced business owners.

In this article, we outline the basic structure of a business proposal so you can begin writing your own.

01 June 2023

VAT in the UK: Essential Do’s and Don’ts for Businesses

Value Added Tax (VAT) is a crucial component of the UK’s taxation system, impacting businesses of all sizes. Comprehending the do’s and don’ts of VAT is essential for UK businesses to navigate the complexities, ensure compliance, and minimize potential risks. In this blog, we will explore key principles and provide practical tips to help you understand and adhere to VAT regulations here in the United Kingdom.

18 May 2023

Our Top 5 Company Add-Ons to Benefit Your Business

Knowing all of your options before committing to a business decision is a no-brainer. But did you know it’s important to know all of your options before purchasing a ready-made company? We offer a number of additional products and services that can be crucial to the development of your business. Our top 5 company add-ons are listed below.

16 May 2023

VAT Registration With Paramount Company Formations Ltd

Registering your business for VAT is a legal obligation when your VAT taxable turnover reaches the threshold. You can register for VAT before this point if you wish, and there are many benefits as to why you might choose to do so. Getting VAT registration right is hugely important, and the team at Paramount Company Formations can assist you through each and every step. 

16 May 2023

What Is The VAT Threshold, And Should I Register For VAT Even If I’m Below It?

A Paramount Customer Asks: I have already registered my company with Companies House, but we have not reached the VAT turnover threshold. Can I still pay for the VAT registration with yourselves, and what will I need to provide you with to begin the process? 

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