Setting up the company – branch or subsidiary?
- Incorporate UK entity
- Decide on registered office address
- Appoint directors
- Issue shares
- Align accounting reference date
- Consider global mobility requirements
Banking – do you require a UK business bank account?
- Begin process to open UK business bank account
Employees – will you have UK employees?
- Register PAYE
- Obtain employees liability insurance
- Set up work place pension scheme
- Draft master contract of employment
- Draft staff handbook
- Tax reliefs for seconded employees
VAT – do you need a VAT number?
Monthly reporting requirements
Quarterly reporting requirements
Annual reporting requirements
- Statutory account
- Corporation tax return
- Confirmation statement