FAQ

Can I change my business activity?

Yes. At the purchase price of the company we make it possible to change the type of activity both at Companies House and HMRC. Changes will appear within 2-3 business days on the Companies House page and on the VAT certificate.

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How to pay for the company?

We offer a wide range of payment possibilities for the company. Most often, customers choose to transfer to a British company account. We also have foreign accounts, as well as Wordlpay and PayPal. For each purchase we issue an invoice.

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Do I need a trading address?

In the vast majority of business trading adress will be needed. This especially applies to activities such as wholesale, where turnover is significant. For web-based businesses, advertising is certainly a virtual office, but HMRC staff members may, in agreed cases, conduct a check and see how you are connected to that address – where work is done. At the purchase price of the company we only guarantee a registered office adress, but we can help you find a trading address for your company.

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How to avoid canceling the VAT number?

Provide current phone number with prefix +44
Please provide your current email address
Update your personal information on hmrc.gov.uk, including the VAT certificate
Follow regular correspondence from the offices and reply to it or have it taken over to your accountant.
VAT number may be collected when 100% of goods or services are sold outside the UK VAT system outside the UK.
Also, if you do not file a declaration you can lose your VAT number.

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When can I get a penalty with HMRC?

When a customer does not consistently lodge a VAT Return, he can receive high penalties. We encourage you to use accounting services and keep your declarations up to date. In case of penalties we offer assistance in canceling the fees.

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How to submit VAT returns?

VAT Returns are made by means of an electronic account – hmrc.gov.uk. We provide each user with a login and password at HMRC.gov.uk, where you can log in to the administration panel.  Declarations can be made by yourself or by a tax agent.

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How long is the transfer of shares in the company?

Usually it takes 2-3 business days. The fastest changes are in Companies House. Changes will occur here even in the same day. The name of the company and the information on the VAT certificate are longer.

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