Can I set up my UK business myself?

 Can I set up my UK business myself?

The registration of UK companies may appear simple, but if you are not familiar with the basic legal structure and UK business practice, it can become confusing. Starting a business requires numerous government approvals, including those from the Companies House and HMRC.

If you attempt to register yourself and make a mistake, you will not be blacklisted or barred from ever starting a business as a foreign national again, but you will face delays and a waste of money.

The best way to avoid problems when setting up a company in the UK as a non-resident is to hire the assistance and services of an agent who is already familiar with Companies House. RTRSupports Limited can assist you in forming a company in the UK as a non-resident.
Contact RTRSupports Limited
Website: www.rtrsupportslimited.com

Benefits of registering as a Sole Trader in the UK

 Benefits of registering as a Sole Trader in the UK

One of the easiest ways to start a business in the UK is through sole trader registration.

A sole trader is a self-employed person who owns and operates his own business with no employees. There is no legal distinction between you and your company. There are numerous advantages to becoming a sole  trader, including:     

Freedom of choice - As a sole trader, you have the freedom to choose who you work with, when you work, and how you run your business. Without the responsibility of employees, you have complete control over every aspect of your business.

Privacy - If you register as a limited company, the financials of your company will be available to anyone on the public register. However, as a sole trader, you have the option of keeping your financial information private.

Taxation is simple - Tax is one of the most concerning aspects of being self-employed. It is easy to complete and even easier with the assistance of an accountant.

Contact RTRSupports Limited for more information
Website: www.rtrsupportslimited.com

What is the voting process for shareholders when it comes to making decisions?

What is the voting process for shareholders when it comes to making decisions?

Shareholders vote for or against proposed resolutions at general meetings (official meetings of the shareholders) or in writing (written resolution).

A resolution is a formal proposition) presented for consideration. The resolution is 'approved' when the required majority of votes are cast in favour, and the result is legally binding.

Ordinary or special resolutions can be used by shareholders to make decisions. Ordinary resolutions require a simple majority (i.e. more than 50% of the votes) to pass, whereas special resolutions require a 75% majority vote.

Contact RTRSupports Limited
Website: www.rtrsupportslimited.com