Wednesday, 17 September 2014

Limited Company Setup/Startup



How easy it is to setup/start-up a limited company

Excellence Accounting

Setting up a limited company only takes a few hours. Once a contractor has decided to form a Limited company rather than working under an umbrella company, it can be set up and registered with Companies house with in three working hours.



Opening a bank account and free business banking

Opening a bank account can take somewhere between one day to three working days but it’s best to choose a bank that offer free business banking for a good few months so that it doesn’t start charging even though there are no transactions on the bank account. Santander and Lloyds are amongst a few banks that facilitate the small businesses with free banking.


A typical contractor require an accountant for the following services. Company Incorporation (can be done directly through Companies house)
Bookkeeping
Year end accounts and tax return
Tax advice
Payroll
VAT

Cloud accounting is one of the best options available in the market for contractors. This helps both clients and their accountants keep track of all the information and update the system on real time basis. Excellence accounting offer choice of software clients can choose from like free agent, XERO, Clear books and Liberty.

For more information please visit www.excellenceaccounting.com




1 comment:

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    He's a loan officer working with a group of investor's who are willing to fund any project or loan you any amount with a very low interest.Contact Benjamin Briel Lee E-Mail: 247officedept@gmail.com  Whats-App Number: +1-989-394-3740.

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