OVERSEAS
COMPANIES
FINANCE DEPARTMENT EXPERTISE FOR OVERSEAS COMPANIES
Established overseas companies often use us as an outsourced finance department to set up or look after an existing UK Limited Company. In doing so, your company can employ UK team members and sell to your customers through a local entity. You’ll find this approach increases trust and demonstrates a greater commitment to the UK market.
We handle all aspects of bookkeeping, payroll, accounting, and tax and often recommend and work with legal partners to draw up employment and commercial agreements.
How to set up a company in the UK
We make it easy
As an overseas organisation, there’s quite a lot to think about when it comes to setting up a company in the UK.
Here’s the steps:
1. Choose how your company operates (do you want to set up as a private limited company, a sole trader or a partnership?)
2. Provide a name and UK address for the company.
3. Have at least one director and one shareholder.
4. Set up ‘memorandum’ and ‘articles of association’ documents.
5. Incorporate your company online.
6. Open a UK business bank account for your business.
You could spend your time and energy handling this yourself. Or, you could have us do the work for you – ensuring a swift and problem-free process.
Banking facilities & address registration
Whilst there aren’t any restrictions on overseas owners setting up in the UK, the biggest challenge is accessing banking facilities. With our network of banking relationships, we can offer the following two solutions:
1. Global e-money accounts through foreign exchange specialists.
2. A client account with our bank set up in 1 week.
The usual approach is to initially trade through one of our client bank accounts while we establish your bank account, which can take months, if not years, depending on the global business size.
We can also offer the use of our company office address for registration purposes, and help you find your own address.
UK directorship & strategic assistance
While there is no requirement to have a UK director, it can sometimes be helpful to have a UK-based Director as part of your team; we are happy to provide a UK Director as part of our outsourced Finance Department service.
Reviews
Andrew Wallis OBE
Unseen, UK
Warren Madlin
MadlinHanna
Harriot Pleydell-Bouverie
Mallow & Marsh
WHO WE SUPPORT
OUR SERVICES
CARBON ACCOUNTING & BOOKKEEPING
Get the accurate and timely CO2 and GHG emissions data you need to reduce your organisation’s environmental impact, meet customer and regulatory requirements, and save money.
OUTSOURCED FINANCE DEPARTMENT
Receive quality financial data that will help you make the best decisions for your organisation – while saving time and worry. Check out our outsourced accounting, bookkeeping, management accounts, payroll and financial strategy services.