Prikhodko&Partners
Services
International corporate law
Business registration and support in Great Britain LEGAL SUPPORT OF BUSINESS (FIRM) IN UK

Mykola Sirenko

Lawyer

E-mail

sirenko@prikhodko.com.ua

Phone numbers

Expert in corporate and international corporate law. Has extensive experience in supporting the acquisition of financial licenses in Ukraine, as well as business incorporation in the EU, the United Kingdom, Switzerland, the UAE, and key Asian jurisdictions.

LEGAL SUPPORT OF BUSINESS (FIRM) IN UK

Opening and/or running a business in Great Britain is an opportunity to enter new markets, including European markets, to strengthen your company’s position at the international level, and to take advantage of favorable business conditions in certain cases.

However, despite the significant advantages, the legal environment of the United Kingdom requires an in-depth knowledge of local laws, business standards and tax requirements.

We, the Prikhodko and Partners Law Firm, offer comprehensive legal support for business in Great Britain. Our specialists will help you at all stages, from registering the enterprise to solving legal issues during its management and operation.

Advantages of doing business in Great Britain

Great Britain is one of the most attractive countries for doing business due to the following factors:

Transparency of business processes. The government supports investors through clear legislation and minimal red tape.
Low taxes for businesses. Corporate tax in Great Britain is one of the lowest in Europe within the limits of income, which allows for more efficient financial management.
International market access. Doing business in this country opens up access to clients from Europe, the USA, Asia and other regions, which in certain cases refer to counterparties from Ukraine ambiguously.
A stable legal system. UK legislation protects the rights of entrepreneurs.

At the same time, local legal and tax nuances must be taken into account for effective business management in this jurisdiction.

Our business legal support services

The legal company “Prikhodko and Partners” offers a wide range of services that provide reliable legal support for your business in Great Britain:

Company registration

We help you choose the best organizational and legal form for your business, including:

Limited Liability Company (LLC);
Private Limited Company (Ltd);
Public Limited Company (PLC);
Partnerships (LLP).

Our lawyers will prepare all the necessary documents, check the company name for compliance with local standards and ensure registration with state authorities.

Legal consulting

Our specialists provide comprehensive consultations on:

choice of taxation;
conclusion of contracts;
labor relations with employees;
compliance of the business with the requirements of local legislation;
operations of the banking system.

Development of contracts and other documentation

We prepare all types of contracts: partnership agreements, contracts with customers and suppliers, confidentiality agreements and other documents. All agreements are adapted to local conditions and guarantee the protection of your interests.

Tax planning and consulting

The tax system of Great Britain has its own peculiarities that are important to consider.

Our lawyers:

analyze your financial activity;
help to optimize tax expenses;
advise on taxation of transnational operations.

Defense in disputes

We represent the interests of clients in the courts of Great Britain and other government bodies.

Our lawyers have extensive experience in resolving corporate disputes, customer claims and other conflict situations.

Peculiarities of legal support for business in Great Britain

In order to successfully run a business in the UK, it is important to consider several key aspects:

Compliance. Great Britain strictly controls the compliance of companies’ activities with its legal norms. Violations can result in fines or even termination.
Tax obligations. Reporting on taxes and financial activities requires a careful approach, because errors in documents can cause serious consequences.
Business licenses. Some activities require obtaining special permits. For example, financial services, export-import trade, medical services.

The company “Prikhodko and partners” guarantees that all these aspects will be taken into account in the process of running your business.

It will also be useful: Company Registration in the UK

Accounting service and submission of annual reports

In addition to legal support, the Legal Company “Prikhodko and Partners” provides services in accounting business management in Great Britain.

Our specialists provide:

Current bookkeeping: accounting of income, expenses, salaries and other financial transactions.
Preparation of annual reports: preparation and submission of financial statements to the tax authorities in accordance with British standards.
Cash flow planning (if necessary): help with financial forecasting to achieve stability and growth of your business.
Tax consulting: calculation of tax liabilities and their timely payment.

With a comprehensive approach, we ensure that your company meets all the requirements of UK financial and tax legislation, while you can focus on growing your business.

Why choose us?

Experience and professionalism
Our company’s lawyers have many years of experience supporting businesses in Great Britain. Our relevant specialists have in-depth knowledge of local legislation and the intricacies of doing business in this country.
Individual approach
We take into account all the features of your business and develop unique solutions that meet your needs.
Complete privacy
Your information always remains secure. We guarantee strict confidentiality at every stage of cooperation.
A comprehensive approach
We offer a full cycle of legal support covering all aspects of your business in the UK.

How long does company registration take?

A standard electronic application to Companies House is usually processed within 24 hours. However, preparation of the structure, identity verification, obtaining an address, tax setup and account opening require additional time.

Who needs to complete identity verification?

Directors and persons with significant control — PSCs — must complete verification. Once completed, the individual receives a Companies House personal code used to confirm the relevant corporate role. Non-residents may also complete verification, including by using a biometric passport.

Where is the best place to open an account for a UK company with a non-resident director?

Since traditional UK High-Street Banks require a physical business presence, the fastest and most efficient solution for international companies is to open accounts with electronic money institutions (EMIs). Platforms such as Wise Business, Revolut Business and Payoneer are licensed by the FCA and provide full UK and international account details for transactions.

When must a company register for VAT?

The general threshold is £90,000 of taxable turnover over the previous consecutive 12 months or expected turnover during the next 30 days. Separate rules may apply to non-resident and cross-border models, so VAT should be analysed before sales begin.

Is a company required to file reports if it has not traded?

Yes, it is mandatory. Even companies with no operating activity must annually file so-called “Dormant Accounts” with Companies House and confirm the ownership structure through a Confirmation Statement. Failure to file these documents results in substantial penalties (from £150 to £1,500) and compulsory dissolution of the company, with its assets passing to the Crown.

Successful cases on the topic: