So, you’ve settled on the right structure for your venture and are feeling confident for the future. But how do you actually go about setting up a new company?
A number of important questions must be asked before you can get to that point…
- Who are the shareholders going to be?
- Who are the directors going to be?
- Where will the company’s registered office be?
- Do you need a discussion around any minority shareholding?
- Is a shareholders’ agreement required?
- What are the tax implications of the above decisions?
Crucially, however, not only must your new company meet your needs and prove tax-efficient, it must also be in line with your legal obligations. For those unfamiliar with the process of company formation, understandably this could prove to be a pretty daunting prospect.
Why choose Phil Owen & Co.?
At Phil Owen & Co., we remove the hassle from setting up a company, our expert, friendly advisors handling the entire process from start to finish.
Typically forming part of our popular start-up package, company formation could be your first step along the road to running a successful business. If more help is required as things progress, however, our Liverpool based Chartered Accountants can provide support in areas such as bookkeeping, cash flow projections and VAT registration and returns.
Interested? Why not book a free consultation with our team? We can come to you or you can visit our Liverpool office. Let’s chat today.