Off contracting and need to form a company............
Discussion
Hi all,
Can anyone recommend a good firm? I need a limited company for a spot of contracting, the thing is that although the first 6m will be UK, after that the next bit of work is likey to be any of Zurich, Singapore, Tokyo....so I need a bit of flexibility, not to mention a multi-currency bank account.
Any help much appreciated.
Cheers.
Tim
Can anyone recommend a good firm? I need a limited company for a spot of contracting, the thing is that although the first 6m will be UK, after that the next bit of work is likey to be any of Zurich, Singapore, Tokyo....so I need a bit of flexibility, not to mention a multi-currency bank account.
Any help much appreciated.
Cheers.
Tim
Eric Mc said:
Company formation is easier than it ever has been. Check out the internet for the hundreds of organisations who will do this for you.
Erm yes, I know there are lots of companies out there, what I was really looking for was a recommendation of a GOOD company that can be trusted to be reliable, flexible and discreet from someones experience with them.
Fair enough.
To be honest, because the process of setting up a company is so straightforward these days, most of the companies that do this type of "formation" work seem to be fairly OK. Any of my clients who have set up companies in recent years have not had any problems - and they've all used different formation agents.
Setting up the company is the easy part - running it and keeping on top of the annual paperwork is the difficult bit.
To be honest, because the process of setting up a company is so straightforward these days, most of the companies that do this type of "formation" work seem to be fairly OK. Any of my clients who have set up companies in recent years have not had any problems - and they've all used different formation agents.
Setting up the company is the easy part - running it and keeping on top of the annual paperwork is the difficult bit.
Eric Mc said:
Fair enough.
To be honest, because the process of setting up a company is so straightforward these days, most of the companies that do this type of "formation" work seem to be fairly OK. Any of my clients who have set up companies in recent years have not had any problems - and they've all used different formation agents.
Setting up the company is the easy part - running it and keeping on top of the annual paperwork is the difficult bit.
To be honest, because the process of setting up a company is so straightforward these days, most of the companies that do this type of "formation" work seem to be fairly OK. Any of my clients who have set up companies in recent years have not had any problems - and they've all used different formation agents.
Setting up the company is the easy part - running it and keeping on top of the annual paperwork is the difficult bit.
Oh agreed, and it's the admin bit that I really need assistance with, plus banking arrangements. It feels as though it's never been easier to inadvertantly commit some compliance crime or other for not filling in this form or that by this deadline or that!
Eric Mc said:
Too true.
Potential slip-ups lurk everywhere these days.
Getting a useful and helful accountant on board as early as possible is essential, in my humble opinion.
Potential slip-ups lurk everywhere these days.
Getting a useful and helful accountant on board as early as possible is essential, in my humble opinion.
I feel you have to have someone skilled (like an accountant) help you do the 'what-if' thinking, so that the structure of the shares, control etc is set up to protect your interests in the event of something happening (like divorce).
It cost me a bit more to set up with the accountant but gives me peace of mind that what I have is properly constituted and shaped for my needs, not what might 'normally' be required.
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