Head of practice
Head of Corporate Law and Fintech Practice. Expert in the creation and reorganization of companies, support of M&A transactions, as well as legal support for opening and running a business in the EU, Asia, and North America.
Business registration and support in Great Britain
In the field of international business, it is no secret that the United Kingdom is one of the most prestigious and stable jurisdictions for doing business in the world.
This characteristic is the result of a combination of favorable conditions for entrepreneurship, a reliable legal system, transparent tax mechanisms, and a global business reputation.
That is why a British company can become not only an effective tool for working in international markets, but also a powerful element of the image of the owner of such a company.
We, as the Law Firm “Prikhodko and Partners”, We would like to draw your attention to the fact that our specialists, including those in the United Kingdom, provide comprehensive services for business – from company registration and account opening to daily legal support, accounting, and financial monitoring.
We help both novice entrepreneurs and experienced international players effectively enter the British market and work confidently in the legal field.
Let’s take a closer look at the main services for businesses in the UK.
Company registration in the UK
As we previously noted in our articles on registering a company in the UK, the most popular form of business in the UK is a Private Limited Company (LTD) — the analog of a Ukrainian LLC.
This form allows you to limit the liability of owners, simplify the procedure for doing business and attracting partners at any stage of operational activities.
The services of the Law Firm “Prikhodko & Partners” for business registration in the United Kingdom include:
- choosing the optimal form of the company depending on the type of activity and tax purposes;
- checking and reserving a unique company name at Companies House;
- preparation and submission of constituent documents (Memorandum and Articles of Association);
- registration with government agencies and obtaining a tax number;
- consulting on VAT registration and other licensing procedures.
We provide fast, turnkey registration — usually within 24–48 hours after submitting documents.
Opening a bank account
Opening an account with a British bank or payment system is one of the key stages of entering the market, because without established communication with the institution that provides payment solutions, operational activities are not possible.
In practice, traditional banks have high requirements for non-residents, and in many cases the process can take several months.
In addition, there are many pitfalls for non-residents in interacting with local banks, so it is better to immediately contact a specialized specialist.
We help:
- choose the optimal bank or fintech service (Wise, Revolut, Payoneer, Mercury);
- prepare a package of documents for passing the KYC check;
- establish communication with the bank manager;
- accompany the process until the account is successfully opened.
If necessary, we also advise on options for obtaining resident status or opening accounts in neighboring jurisdictions.
Legal support for business
Legal support for business in the UK is comprehensive support that allows you to work confidently and avoid legal risks, as such support can be provided both on an ongoing basis as part of subscription support, and through the separate involvement of lawyers to resolve certain issues.
We provide:
- preparation and review of commercial contracts;
- consulting on labor, corporate and tax law;
- representation of interests in state bodies;
- support during changes in the company structure (change of directors, shareholders, charter);
- advising on compliance with the Companies Act and corporate governance rules.
Virtual and/or physical office
To register and do business in the UK, a legal address is required.
For many entrepreneurs, a virtual office is the optimal solution, because it covers all the necessary tasks without additional burden.
Our services include:
- providing a legal address in the UK;
- receiving and forwarding official correspondence;
- notifications about important documents from tax authorities, banks and government agencies;
- organization of meeting rooms for meetings.
Accounting support
Although bookkeeping in the UK is carried out according to a fairly simplified procedure, but there are strict requirements for tax and financial reporting.
It should be borne in mind that missed deadlines or errors in reports can lead to fines and blocking of activities.
We offer:
- accounting in accordance with British standards (UK GAAP);
- preparation and submission of annual reports to Companies House and HMRC;
- calculation and payment of corporate tax;
- consulting on VAT and international taxation;
- assistance with tax audits.
Due Diligence
Conducting due diligence is also a very important component, but in conducting operational activities or, for example, when purchasing a ready-made business.
This service allows you to check counterparties, partners or investment objects before concluding transactions.
This is especially true in the UK, where business transparency and financial reputation are key factors.
We conduct:
- verification of the company’s corporate structure;
- analysis of financial statements;
- identifying lawsuits or debts;
- verification of intellectual property rights;
- assessment of reputational risks.
Financial monitoring
As in the European Union, British banks and financial institutions are also required to strictly adhere to AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.
Violation of these requirements may result in account blocking or company closure.
We help:
- prepare a package of documents to confirm the source of funds;
- develop internal AML/KYC policies for the company;
- to support the processes of passing bank checks;
- resolve issues in case of account blocking.
Conclusion
The United Kingdom offers unique business opportunities, but at the same time requires a high level of training and strict adherence to regulations.
Professional legal and accounting support is the key to successful entry into this market and stable operation in it.
Our Law Firm “Prikhodko & Partners” is ready to become your reliable partner in the UK, providing a full range of turnkey business services.
We ensure that your company operates efficiently, legally, and securely in this prestigious jurisdiction.
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Compensation for moral, material damage
Protection of honour, dignity, and business reputationContract Development for Business and Legal Entities
Licensing of business activities
Compensation for moral, material damage
Legal services in the field of cryptocurrency and blockchain
REGISTRATION OF COMPANIES AND OPENING OF BANK ACCOUNTS
Sale and purchase of ready-made firms
Grants and attracting investment
Business registration and support in Great Britain
Business registration and support in Switzerland
Business registration and support in the EU
Business Registration and Support in the Gulf Countries (GCC)
Business registration and support in Turkey
Business registration and support in USA
Lawyer for administrative cases
Legal services for medical businesses and doctors
Protection of honour, dignity, and business reputation
Real estate transaction support
Escort of the tender participant
Trial lawyer: support and defense in court
European Court of Human Rights (ECHR)
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