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.
17 May 2022
The term offshore refers to a business entity established outside the area where the business owner resides. An offshore company conducts all of its transactions outside the borders where it is incorporated. It is owned and exists as a non-resident entity, therefore meaning it is not liable to local taxation.
20 April 2022
In order to comply with the rules under the Companies Act 2006, there is a lot to think about when forming a limited company. One obligation is that your company must affix or paint its name on the outside of its registered office and every office, factory or place in which its business is carried out.
20 April 2022
If you don’t know how to draft the minutes of the first board meeting we can advise and prepare the appropriate legal documents for your signature.
20 April 2022
It is a common concern that if your company begins to fail, you could be affected personally with debt. Registering as a limited company can therefore give you added protection should things go wrong.
20 April 2022
The Companies Act has many safeguards for your protection, and all limited companies are now formed in accordance with its provisions. By law a limited company is a separate legal concern, quite distinct from its shareholders and directors.
20 April 2022
Stamping your company name as your own to protect the name from competition is highly important. Unlike a business name or partnership, registration protects your limited companies name. This means by law, no-one else can use it.
20 April 2022
If you own your own company and trade as a sole trader then you are personally responsible for everything, whereas a limited company exists in its own right, and it means that the owners are not directly responsible for the company’s finances in the event of bankruptcy.
13 April 2022
A limited company is generally strongly favoured by the taxation regulations. It is subject to tax but its profits are not normally subjected to higher rates of tax – unlike income tax.
13 April 2022
When setting up as a limited company (preferably through Paramount Company Formations), you will need to consider shares and how much value is attributed to them.
13 April 2022
