WHY FORM A COMPANY?
Forming a company protects business assets and separates personal from business finances.
CREATE CREDIBILITY
When you form a company, it provides credibility to your business. It allows customers and vendors to trust that they are dealing with a legitimate organisation, not just an individual working out of their home or garage.
SAVE ON TAXES
As an entrepreneur, creating a limited company has benefits over being a single trader. The UK taxes limited company profits at 19%. If you’re a director or shareholder of a limited company, you can take a minimal salary and focus on dividends.
PROTECTED LIABILITY TO OWNER
A limited liability corporation is a smart option for business owners who want to limit their liability. If something goes awry, you will not be held personally accountable for any financial losses suffered by your business because of your “limited responsibility.”
STRUCTURING
AND EQUITY
We will assess your needs and recommend the appropriate ownership structure depending on your shareholdings and tax efficiency. We can prepare the necessary memorandum and articles of association to reflect your shareholder resolution.
HOW WE WORK
FILE WITH COMPANIES HOUSE
We are experts in company formations, accounting, and business support services. Pearl is a one-stop shop for all your business formation needs. Our dedicated team will help you set up your new company or prepare any required documentation or filings at Companies House.
SET UP A REGISTERED ADDRESS
We can set up a registered address for your business at your preferred location. This address can be used as your registered address to operate your business and is where we will send your documents when requested.
PAYROLL AND VAT REGISTRATION
Our fully dedicated team at Pearl Accountants will ensure that your business formation is seamless and hassle-free. From registering for VAT numbers and payroll to advising on payroll software, we leave no stone unturned when setting up your company.
FORMATION PACKAGE
We proudly offer our clients a complete and comprehensive Company Formations pack. This will include everything you need to ensure that your business fully complies with all applicable company law requirements and that you have everything in place.
BANK ACCOUNT SETUP
Our team at Pearl Accountants can help you set up your business bank account. This can be a daunting process and one not to be taken lightly, but we will guide you through every step. With a focus on customer service, we aim to make this process as smooth and easy as possible for you. We are here to help!
SOFTWARE PARTNERS
WHY CHOOSE US
Industry Specific
Right from the beginning, our accountants regulated, provide guidance tailored to your industry and accounting software preferences, from business structure to tax planning.
Grow Your Business
We understand that every company is unique and thus we create customized strategies to meet your specific requirements, objectives and schedules, while delivering impartiality and guidance.
Integrate all your Software
We offer a wide range of software solutions, including bookkeeping, productivity, and stock management, to cater to our clients' business needs.
"We don't expect you to do the bookkeeping."
Compass & Partners takes care of bookkeeping for all clients, so you don't need to worry about entering receipts and bills.
All In One Package
Our comprehensive range of services caters to all your business needs, including bookkeeping and legal counsel, ensuring the success and sustainability of your company.
OUR SERVICES
FREQUENTLY ASKED QUESTIONS
Typically, we can assist you in setting up a business with Companies House within 24 hours.
During our first meeting, we will assess your needs and advise you on whether VAT or PAYE registration is necessary.
No, you can use either your business address or your home address. However, we think you should look at our registered office address service and what it can do for you.
We're here to assist you!
We have a team of experts who are dedicated to providing you with comprehensive accounting and taxation services all under one roof. Our main focus is to ensure that we keep you up-to-date and well-informed throughout the entire process, while also offering you a hassle-free and cost-effective solution for all your financial requirements.
