Company Formation in Oxton

Get in touch

Company Formation Advice in Oxton

Starting a new business is exciting, but the company formation process can be daunting without the right guidance.

The Tax Advisors, a team of professional, affordable tax accountants based in the UK, are here to simplify this process for you.

With their expertise, you can ensure that your business is set up correctly, efficiently, and in compliance with all relevant regulations.

Get in touch

Why Choose The Tax Advisors for Company Formation?

1. Professional Expertise
The Tax Advisors are not just accountants; we are experienced professionals with in-depth knowledge of UK tax law and company formation requirements. We understand the intricacies of setting up a business, from choosing the right structure to registering with Companies House.

2. Affordable Services
Starting a business often involves tight budgets. The Tax Advisors offer competitive pricing without compromising on the quality of their services. T

3. Comprehensive Support
The Tax Advisors offer more than just company formation services. We provide ongoing support to help you manage your company's financial obligations, from tax planning to compliance.

The Company Formation Process

Forming a company in the UK involves several steps. Here's how The Tax Advisors can help you through each one:

1. Choosing a Company Structure
The first step in company formation is deciding on the most suitable structure for your business. Common options include:

  • Private Limited Company (Ltd): The most popular choice, offering limited liability to shareholders.

  • Public Limited Company (PLC): Ideal for businesses that plan to trade shares on the stock exchange.

  • Limited Liability Partnership (LLP): Combines the benefits of limited liability with the flexibility of a partnership.

  • Sole Trader: Suitable for individuals who want to run their business independently.

The Tax Advisors can assess your business goals and advise on the most appropriate structure for your needs.

2. Registering with Companies House
Once you've chosen your company structure, the next step is registering with Companies House. This involves:

  • Choosing a Company Name: The name must be unique and comply with specific regulations.

  • Filing the Memorandum and Articles of Association: These documents outline the company's constitution and governance.

  • Appointing Directors and Shareholders: You must nominate individuals who will manage and own the company.

The Tax Advisors can handle the entire registration process on your behalf, ensuring all paperwork is correctly completed and submitted.

3. Setting Up a Business Bank Account
After registration, it's essential to open a business bank account. This separates your personal and business finances, which is crucial for legal and tax purposes. The Tax Advisors can guide you on the best banking options for your company.

4. Registering for VAT and PAYE
Depending on your business's size and nature, you may need to register for VAT (Value Added Tax) and PAYE (Pay As You Earn). The Tax Advisors can help determine if your company needs to register and manage the process for you.

5. Ongoing Compliance and Tax Planning
Company formation is just the beginning. To ensure your business remains compliant with UK tax laws, The Tax Advisors offer ongoing support, including:

  • Annual Accounts and Corporation Tax Returns: Accurate and timely filing of your financial statements.

  • VAT Returns: Regular submissions to HMRC to stay compliant.

  • Tax Planning: Strategic advice to minimise your tax liabilities and maximise profitability.

FAQs on Company Formation in TD2 6

How long does it take to form a company?
The process can take as little as 24 hours if all documentation is in order, though it can vary depending on the complexity of your business structure.

Can I change my company structure later?
Yes, you can change your company structure, but it may involve additional legal and tax considerations. The Tax Advisors can help you navigate this process.

What are the ongoing responsibilities after forming a company?
You’ll need to maintain proper financial records, submit annual accounts, file tax returns, and comply with other statutory requirements. The Tax Advisors provide ongoing support to ensure you meet all obligations.

Do I need a registered office address?
A: Yes, your company must have a registered office address in the UK where official correspondence can be sent. The Tax Advisors can assist you in setting this up if needed.

Why Company Formation is Crucial

Company formation is a critical step in establishing your business's legal identity. It offers numerous benefits, such as limited liability protection, tax advantages, and the ability to raise capital. However, it also comes with responsibilities, such as filing annual accounts and tax returns. Proper guidance during the formation process can prevent future legal and financial issues.

Conclusion of Forming a Company in Oxton

The Tax Advisors are your trusted partners in company formation. With our professional expertise, affordable services, and comprehensive support, you can start your business on the right foot.

Whether you're a first-time entrepreneur or looking to expand your operations,

The Tax Advisors can help you navigate the complexities of company formation and ensure your business is set up for success.

Get in touch

We cover Oxton (Scottish Borders)

Get in touch

We aim to get back to you in 1 working day.


Skip to

Gallery

Other locations available for company formation
Easter Housebyres Ladykirk Sourhope Allanbank Denholmhill Hundalee Stanhope Castleweary Greenhead Oxnam Langlee Mains Harehope Netherraw Hattonknowe Craigsford Mains Whitslaid Teviothead Eshiels Lethem Glenmayne Whiterigg Bogs Bank Sundhope Boon Yair Mackside Killochyett Roxburgh Mains Preston Scraesburgh Blanerne Wester Deloraine Watherston Lugate Tushielaw Eddleston Yarrow Feus Ettrick Caddonlee Lauder Barns Melrose Glendearg Skelfhill Woodheads Manorhill Whitsome Stichill Hartwoodburn Williamhope Bordlands Craik Allanshaws Rink, The Maxton Gattonside Cockburnspath Damside Larriston Clerklands Tweedsmuir Ashiestiel Hundleshope Torwoodlee Mains Greenwells Lambden Swinton Whitelee Foulden North Synton Peel Reston Cademuir Wardlaw Bellanrigg Steele Road Thirlestane Hilton South Blainslie Eildon Cardrona Falahill West Bold Broadmeadows Birkhill Edgerston Chirnsidebridge Holylee Drumelzier Galadean Cauld Barns Nenthorn Camptown Prieston Over Langshaw Newton Nether Blainslie Torquhan Helmburn Auchencrow Mitchell Hill Darnick Westruther Bemersyde Blythe Williamslee Buccleuch Allanshaugh Mountain Cross Chapel on Leader Ettrickbridge Broughton Nether Shiels Cove Craigerne Easter Langlee Burnhouse Mains Addinston Kerchesters Leadburn Maxwellheugh Glentress Lauder Craigend Newbigging Lyne Station Linhope Old Nenthorn Fans Kippilaw Easter Softlaw Jedurgh Old Cambus Broadhaugh Haugh-head Hume Pilmuir Sprouston Stobo Carlenrig Whitsomehill Bedrule St Abbs Cappercleuch Minto Walkerburn Kaimrig End Bucklands Blyth Bridge Hassendean Salenside Kirk Yetholm Stobs Castle Craigierig Windydoors Effledge Kings Muir Gavinton Bonnington Bowden Skirling Redscarhead High Sunderland Chirnside Selkirk Woll Dinlabyre Kirkton Cranshaws Carlops Chesterknowes Kirkburn Yarrowford Buxley Harwood on Teviot Mountbengerburn Newmill Buckholm Cleuch Head Crailing Craig Douglas New Ladykirk Whitton Upper Blainslie Gilston Kirkstead Cauldmill Newhouses Hownam Mailingsland Minto Kames Northfield Haystoun Coldstream Halmyre Mains Kippilaw Mains Houndslow Hutton Dolphinston Earlston Nether Horsburgh Bridgelands Midlem Dryburgh Hawick Dingleton Paxton Grantshouse Laverlaw Kingledores Castlecraig Bowismiln Gilmanscleuch Torsonce Blyth Darnhall Mains Oxton Burnfoot Cambridge Upper Kidston Faughill Howpasley Denholm Hallyne Lempitlaw Gordon Morebattle Newcastleton or Copshaw Holm Menzion Boleside Bowerhope Mowhaugh Swinnie Coldingham Wester Essenside West Third Burnhead Hutlerburn Langshaw Muircleugh Kerfield Redpath Old Tinnis Hermitage Riggs, The Lynnwood Colmslie Bonchester Bridge Birkenside Riddell Colmsliehill Greenlaw Romannobridge Glack, The Haswellsykes Saughtree Swinside Townfoot Cavers Carre Roxburgh Glenternie Smailholm Hyndhope Langhaugh Bowhill Symington Kirkurd Hislop Lyne Yarrow Bowshank Burnmouth Stagehall Wester Kershope Leitholm New Mills Fogo Swinside Hall Thornielee Howford Holefield Clovenfords Hadden Wester Housebyres Talla Linnfoots Charlesfield Sinclair's Hill Branxholme Hangingshaw Edham Prenderguest Chatto Cumledge West Linton Ross Whitriggs Waterheads Bairnkine Elliston Castlehill Fauldshope Steeleroad-end Hass Newton Eckfordmoss Firth Halliburton Bewlie Mains Mitchelston Ashkirk Hobkirk Fountainhall Crailinghall Traquair Lennel Galashiels Clarilaw Nether Kidston Bluecairn Heiton St Boswells Innerleithen Bellspool Hallyards Synton Jedburgh Newlands Langhope Eastfield Polwarth Nisbet Milkieston Old Belses Southdean Upper Hindhope Cardrona Village Lanton Shiplaw Cringletie Mosshouses Lowood Synton Mains Abbey St Bathans Glenbreck Newstead Whithaugh Posso Jeaniefield Roberton Stonedge Kedslie Wilton Swinton Hill Houndwood Whitlaw Newhouse Eccles Mountbenger Headshaw Gorrenberry Chapel Mains Northfield Catslackburn Duns Hoselaw Eckford Rachan Mill Threepwood Heriot Allanton Wollrig Town Yetholm Langlee Trabrown Lindean Wooplaw Balmoral Dryden East Mains Newtown St Boswells Bewlie Mossburnford Edrom Stow Ayton Castle Dryhope Howford Horndean Legerwood Horsleyhill Ancrum Faldonside Brockhill Ayton Chesters East Third Peebles Kirkhope West Mains Kelso Torsonce Mains Carterhaugh Longformacus Mordington Holdings Halkburn Glenrath Birgham Philiphaugh Lymiecleuch Appletreehall Ferniehirst Eyemouth Cathpair New Mill Broomhill Ormiston Lilliesleaf Greens Falnash