The one thing that most businesses, big or small, will need is a bank account.
It is advisable for your business to have a separate business bank account to the one of the owner(s). Not only will this make bookkeeping and preparing financial statements easier but it may be a requirement that other organisations (for example HMRC) make you fulfill before making payments to you.
If one or more of the Directors, Shareholders or Partners in your business are non-resident in the UK, then opening a bank account in the UK can have added complications.
Thanks to our network of contacts we are able to assist you to open a business bank account by gathering any certificates or corporate documents that may be required and help you to complete any application forms.
We are also ready to introduce you to banks which offer a free business banking to new startups and businesses who are looking to switch banks.
If you’d like to know more about opening a bank account, please contact us.