LAW

UK Legal Entity

Table of Contents

CHAPTER 1: LITERATURE REVIEW3

Scholarly Background3

Review4

CHAPTER: 2 AIMS AND OBJECTIVES5

Rationale of Study5

Statement of the Problem6

Objectives of the study6

Hypotheses7

CHAPTER: 3 RESEARCH METHOD7

Sample8

Instrument8

Data analysis Tool8

Data Analysis Technique8

CHAPTER: 4 EVALUATIONS8

Validity and Reliability8

Consideration10

Bibliography11

UK Legal Entity

CHAPTER 1: LITERATURE REVIEW

In UK legal entity is found in three months, these three months will be counted from the moment when firm start to sell, that is a moment when firm receive its first client. If those three months are decided to start a company in the UK it is important to provide the date of the registration of the company in UK as the day when firm brought "regular" income, owner can specify a date when the first bill is presented.

With business (self-employed) firm do not have a business bank account, company can operate on their own personal account, for which firm do not have to pay, But if company want to have a separate account, to separate business from personal matters, than it is important to set the basis of a business plan and register with Revenue set up.

Bookkeeping can cause the same: self-employed if you have a Limited Company-you need to follow a full accounting system. Standards of accounting matters a lot in United Kingdom legal entity, however it is much easier than other European countries, if an entity can prove that the expenditure was spent on the company, it makes easier to overcome legal challenges. For those who do not want to bother with accounting issues it is recommended to use the services of professionals.

Scholarly Background

In order to found legal entity one can work with someone and at the same time have their own business, at least until one find the company in UK assumption that the company brings to you enough income and you want to spend more time on its development.

A big advantage of founding legal entity is that it provides the ability to counting the costs of the company. If you are registered, the registration of a company in the UK, can help in deducting the expenses incurred for the company, such as the appropriate percentage charged for phone, Internet, and electricity, the entire amount for the website, SEO, hosting, office and everything that is connected with the company.

As a Limited Company, the tax rate is still 20%. The persistence of such a business in the UK is associated with fixed costs, but if the business is thriving to make a company profitable in the Limited Company.

Review

Anyone who has started a business in United Kingdom knows how enormous bureaucratic logs can be cast at the feet of people trying to take their fate into their own hands. In order to legally conduct business in the UK you need to register, registration of a company in the United Kingdom is an important thing for founding legal entity, and it is done with the help of tax office Inland Revenue. This can be done by sending registration form available from any branch of the ...