Limited Company - FAQs

Frequently Asked Questions

At ADVANCE we make setting up and running a limited company incredibly simple. We'd be delighted to hear from you with any questions you have. 

Feel free to call or email our team of experts, you can get in touch with us whichever way you choose, and we will always respond to your query promptly. 

Alternatively, take a look at our Frequently Asked Questions below.

Get in touch with one of our onboarding team and they’ll talk you through everything you need in order to get set up as quickly as possible. We’ll help you incorporate your company and get a business bank account as quickly as possible.

A name for your company. You need to choose one that isn’t currently in use – feel free to check here if you have one in mind.

A UK registered office address – one of which we can provide as part of our All-Inclusive Package.

A UK business bank account – we can assist with getting you set up with various banks both challenger and established and one that will be most suitable to your needs.

 

We offer our service at zero upfront cost, ensuring that you don’t have to start with a deficit, keeping your cash flow healthy.

This will be the agency that you work with or the end client depending on who takes that responsibility and they’ll let you know if they require invoices to be sent to them or not. In most cases it will be self-billing and they will just require something as simple as a timesheet. If they do require an invoice then our accounting software has great options allowing you to produce professional invoices and can include your company’s logo if you plan to have one.

Yes you can! Claiming business expenses is a simple way to keep your business tax-efficient – it reduces your company’s profit, which in turn reduces your company Corporation Tax liability and payments. By claiming allowable expenses, you’re making sure you don’t pay a penny more in tax than you have to.

Call today on 01244 564 564