International Business
As London is a major international business hub, more and more international businesses are looking to establish businesses in London. Their main aim is to use London’s international business reputation and resources to expand their business internationally.
As an audit and an accountancy practice based in close proximity to the city of London, we have helped many international businesses to establish their businesses and to thrive. Our clientele, include manufacturing businesses from South Africa, real estate businesses from Philippines, specialist consultancies / manufacturing, catering businesses from Italy and destination management companies from Turkey. Furthermore, we have several clients from other EU nations operating in London.
We have tailor made packages to suit the needs of the foreign businesses given the reason that their business needs are somewhat different to the traditional UK based businesses.
In establishing the UK based subsidiary, we provide the assistance with the following:
Business start up for services
- Incorporating the UK limited company
- Registration for VAT and PAYE
- Registering for the CIS scheme if required by the client
- Dealing with HMRC and Companies House o behalf of the client
- Assisting in opening the business bank account
Compliance
- Preparation of UK statutory accounts and abbreviated accounts for the Companies House.
- UK corporation tax returns as per the standards of HMRC
- Management accounts and reports if required by the client
- Audit and assurance for the subsidiary
- Correspondence with parent company auditors if required
Business Consultancy
- Business start up advise
- Business plans and cash flow forecasts
- Tax planning and related advise for the company
- HR support and advise
- General administrative advise
Virtual Finance Director or Manager
If the company needs the services of a virtual finance director or a manager, we can arrange that service to satisfy the requirements of the company. This is a specially tailored service to suit the needs of foreign companies who recently opened up offices in the UK.
If you are an international business, intending to establish a subsidiary in the UK, contact KVS Accountants for advise and guidance on how to go about with it.