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How to change the SIC code after Company Registration

How to change the SIC code after company registration? Let me explain briefly what the SIC code is before we talk about changing the code. Every industry in the UK is allocated with a Standard Industrial Classification code (SIC) that outlines the nature of a business and is required as part of the company formation process. The SIC code list is comprised of different categories[…]

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How to pick the perfect name for your Business

Picking a name for your business

The right name for any business can highly reward the branding and marketing efforts, while a bad name could make your business end up in turmoil. Coming up with a good business name is complicated as you have to consider numerous factors such as uniqueness, legal issues, domain availability, consumer psychology, etc. When you try to bypass this process by hiring a professional naming company,[…]

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Can you start an own business when you are still in a 9 to 5 job?

Starting a business while working

The main advantage of starting your own business while you are still on a job is, you don’t have to worry about your monthly expenses – You will be on the safer side. If you are the one with a clear business clue to foresee things that can potentially add value to other lives and can manage time and resource efficiency with consistency, you can[…]

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How To Start A Video Game Company in the UK

How to start a video game company in the UK

A video game company is like any other business that can be lucrative if properly handled. Generally, a video game business designs and develops games for various platforms like dedicated consoles, PCs, mobiles, tablets, etc. You don’t have to be a programmer or a designer to start one as long as you have a clear vision and ability to organize and drive things. Video game[…]

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How to setup a Family Investment Company in the UK

Starting a Family investment Company

Family Investment Company (FIC) is a UK-resident private limited company, where the shareholders are family members. So, starting a family investment company means you are following the right strategy succession through inheritance where the wealth planning is quite efficient. Previously, a Trust is considered as the reliable channel to pass the wealth to the future generations. But owing to the recent tax law revisions, maintaining[…]

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5 step guide to increase your startups online exposure and revenue

According to the research data from “Internet World Stats”, around 55% of the world’s total population is using the internet every day. That is about 4 billion people. Every day. People use the internet to find information, buy products, sell stuff, use services, and so on. Internet is the biggest marketplace that ever existed in this world. Remember, just two decades back, this humongous marketplace[…]

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FAQ’s about appointing a new company director

When a private limited company is incorporated, the first directors are usually designated by investors. However, new directors could be designated at any time after the company is formed. The reason to appoint new directors could be any. For instance, it could be a replacement for the current position or adding more directors to the team. There’s no tab on restricting the number of directors[…]

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All You Need To Know About Annual Confirmation Statement

What is Annual Confirmation Statement? The annual confirmation statement is a filing requirement that was first introduced as a legal requirement back in 2016. It replaced the previous legal requirement to file what was called an Annual Return. A Confirmation Statement is also known as form CS01 whereas the annual return was form AR01. The format is similar although can be argued the new form[…]

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Comparison: Registering Your Company Using Companies House Vs Company Formation Agency

Companies House Vs Company Formation Agency – Which one is better? There is a popular misconception that it’s better to register directly via Companies House website rather than using a company formation agency. After all, at some point, everything must go through the Companies House. Some also believe that it cheaper to go direct through Companies House. However, none of these is true. In general,[…]

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9 reasons why Companies House reject applications

Are you planning to register your new company and want to ensure you submit it the right way? In this blog let’s see the some of the reasons why Companies House rejects applications, and how to avoid rejections. 9 reasons why Companies House reject applications: Similar Names Sensitive & Offensive Names Errors/Missing – Authentication Questions Registered Office Address Non-Residential Address Nationality Input Missing PSC Repeated[…]

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