Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.
Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.
Selling shares in Estonia requires careful navigation of legal procedures to ensure a smooth and compliant transaction. E-residents can handle share transfers remotely via the e-Notary system, while non-residents may need to participate in person or through a power of attorney. In this article, we’ll explore the key requirements, associated costs, and steps for updating the Business Register after a share sale.
There are four generally recognised methods for transferring funds and assets to a company. The right option depends on the purpose of the funds, the company’s needs, and its financial and legal status. In this article, we outline different ways owners can transfer funds to their company and explore options for attracting new investors.
When deciding between an OÜ and an MTÜ, understanding their differences is important. Both have unique legal structures, benefits, and obligations that can significantly impact how your organisation operates. An OÜ is ideal for profit-driven ventures, offering flexibility and limited liability, while an MTÜ is designed for non-profit activities, requiring at least two founders. In this article, we’ll explore the key pros and cons of each to help you choose the right structure for your goals.
For many business owners with a Swedish Aktiebolag (AB), opening a business bank account in Sweden is not as simple as it might seem. Swedish banks have strict compliance requirements, and business owners often face delays or even rejection if their documentation isn’t up to par. Which banks to choose: Pros and Cons When…
Ondato is an advanced KYC (Know Your Customer) system designed to streamline identity verification for businesses. By automating the compliance process, Ondato ensures that companies can securely verify the identities of their clients while meeting regulatory requirements. Read more how to go through KYC process smoothly.
Several fields of activity have special requirements and to operate in those fields, one must also apply for a licence or submit economic activity reports.
A holding company, also known as a parent company, is primarily established to own shares in other companies. Unlike traditional operating companies, holding companies usually do not produce goods or services themselves. Instead, their primary function is to control or manage other businesses’ assets and operations.
Hiring employees for your Estonian company can be straightforward, involving just the signing of a contract and registration with the tax office. However, if you seek talent from outside the EU, the process might require additional steps.