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all the best in yr business journeyblack_pearl wrote:Greetings,
CUrrently, we are on PSW. now we would like to switch to tier 1 general.I have few queries:
1: the most basic question, how to form a limited company? what are the requirements? how much fund will we need?
you can form on line company by paying £50.00 or any other accountant by £100.00 +
2: should we employ an accountant? what is the best way to recruit a genuine accountant?does any one know any accountant in london who can help us on this?
In case of self employment and company you should have a accountant with licence to practice (Who can issue certificates) , you can check ACCA / ACA WEBSITE FOR THIS
3: for how long do we need to maintain our accounts? i was told that 1 year is a minimum for any company, is this true?
NO , as soon u achieve yr point threshold u can close books and apply
4: we have a joint personal bank account.can we deposit cash every month to show the company's dividend?
this is not makig any sense , only business receipts to be deposited and try to get cheque or online treansfer , no cash business unless u r a high street retailer
we have only 6 months left before our current visa runs out..
this is all really mind boggling for us...
i sincerely hope that you will reply at your earliest,
What do you mean by "We". You are applying in a group?black_pearl wrote:Greetings,
CUrrently, we are on PSW. now we would like to switch to tier 1 general.I have few queries:
1: the most basic question, how to form a limited company? what are the requirements? how much fund will we need?
2: should we employ an accountant? what is the best way to recruit a genuine accountant?does any one know any accountant in london who can help us on this?
3: for how long do we need to maintain our accounts? i was told that 1 year is a minimum for any company, is this true?
4: we have a joint personal bank account.can we deposit cash every month to show the company's dividend?
we have only 6 months left before our current visa runs out..
this is all really mind boggling for us...
i sincerely hope that you will reply at your earliest,