Launching a new business starts with seamless company formation, and as an accounting firm, you play a pivotal role in guiding clients through the process. From selecting the right business structure (Ltd, LLP, or sole trader) to registering with Companies House and HMRC, each step impacts tax efficiency and compliance. Our streamlined checklist ensures you cover every critical task—including setting up accounting systems, advising on VAT registration, and preparing initial statutory filings. Equip your clients for success from day one with structured, stress-free company setup support.

Key Steps for Accounting Firms:

1. Determine Business Structure – Advise on the optimal setup (Ltd, LLP, etc.) based on liability, tax, and growth goals.

2. Register the Company – File with Companies House (name, directors, shareholders) and obtain a Unique Tax Reference (UTR).

3. Set Up Accounting Systems – Implement bookkeeping software, chart of accounts, and payroll if needed.

4. HMRC Compliance – Register for Corporation Tax, VAT (if applicable), and PAYE for employees.

5. Initial Filings – Prepare first-year statutory accounts and confirm accounting reference dates.

6. Ongoing Advisory – Schedule tax planning reviews and compliance deadlines.