New Businesses & Company Formations
Barnstone is one of the leading Financial and Legal companies, as listed within the TimesOnLine
Looking to set up your own Business? We can help.
To ensure you make the right start up choice for your particular Business model, Barnstone Accountancy offers a full range of new Business and Company formation services.
To see what Barnstone can do for your new Business, please click on the relevant links below.
Deciding to start up your own Business can be a massive leap of faith
Whether you are thinking about setting up as a Sole Trader, contemplating going into Business within a Limited Liability Partnership or considering registering as a Limited Company, Barnstone Accountancy will provide you with professional and considered advice to ensure you make the correct decision for your Business.
We can guide you through the set-up process, deal with any HMRC registration requirements, provide you with easy to use accounting tools and even help you choose your Business name!!
From helping you to register with Companies House to supporting you with our all encompassing Business Start-up service, Barnstone can provide you with as much or as little help as you require to get your Business up and running.
No fuss, jargon free and easy to understand.
Frequently Asked Questions
-
The best way to set up a new business depends on your circumstances, business activities, expected income, financial risk and long-term plans. Common options include operating as a sole trader, limited company or partnership. An accountant can help you compare the different business structures and choose the most suitable option for your new business.
-
To form a limited company in the UK, you generally need to register the company with Companies House and provide information such as the company name, registered office address, directors, shareholders and people with significant control. You will also need to consider your Corporation Tax and accounting responsibilities after incorporation.
-
A sole trader and a limited company have different legal, tax and administrative responsibilities. A sole trader is personally responsible for the business and its debts, whereas a limited company is a separate legal entity. Limited companies generally have additional reporting and filing requirements, so you should consider your expected profits, liability, administration and future plans before choosing a structure.
-
The registrations required depend on how your business operates. You may need to register with HMRC, Companies House and other relevant authorities, depending on your business structure and activities. You may also need to consider VAT registration, PAYE registration if you employ staff and other industry-specific requirements.
-
We offer flexible pricing based on project type and complexity. After an initial conversation, we’ll provide a transparent quote with no hidden costs.
-
Yes. An accountant can assess your circumstances and explain the advantages and disadvantages of operating as a sole trader, partnership, LLP or limited company. They can also help with company formation, HMRC registrations, accounting software, tax planning and ongoing compliance, giving you professional support from the beginning of your business journey.
-
We handle the entire formation process from end to end:
1. Name Availability & Registration: Verifying and registering your chosen business name with Companies House.
2. HMRC Registrations: Registering your company for Corporation Tax, PAYE (payroll), and VAT.
3. Document Setup: Preparing your Articles of Association and Shareholder Agreements.
4. Accounting Integration: Setting you up with HMRC-approved digital accounting tools.