Company registration for non-UK residents

2014 saw UK business start-ups boom

The Office for National Statistics has published data, which shows that more UK businesses opened their doors in 2014 than at any point since 2000. It is estimated that 351,000 businesses were started, which is an increase of 1% in comparison with the year before. It does however not specify how many of these were…

Employment rate at record high

Employment rate in the UK has reached a new record high – it now stands at 73.7%; furthermore the unemployment rate has also reduced to 5.3%. This is the lowest it has been since early 2008 and according to the latest figures from the Office for National statistics is reaching pre-recession levels. In the second…

Changes to how dividends are taxed 2016

April 2016 will bring about changes to how dividends are taxed. Dividends are annual cash payments made to holders of certain shares, which provide a vital source of income to many pensioners that rely on savings in retirement – many pick shares solely based on their dividend payouts. With the new system the current Dividend…

Abbreviated accounts for micro companies

Abbreviated accounts for micro companies 1Office UK’s country manager Ivar Veskioja discusses the transposition of the European accounting directive and the recent decision of the European court and explains, what the directive actually changes. The position of Estonia’s last government When criticising the directive, the Estonian government has found that the original aims, reducing the…

collective agreements

Office space in London: Tips and advice

Office space in London can be a challenge 1Office UK director Ivar Veskioja explains to overseas entrerpreneurs the process of leasing an office space in London. London is an attractive metropolis The United Kingdom continues to be England together with Scotland, Wales and Northern Ireland and London is still an attractive destination for start-ups and…

1Office Group opened office in London

Nordic business services company 1Office Group opened an office in London in September. The aim is to offer companies entering the UK market support with virtual office, accounting and legal services. The UK subsidiary is headed up by the group’s former CEO Ivar Veskioja, who has previously run 1Office’s Estonian and Swedish offices. According to…