Launch a startup, support it and start running
an existing business
We will also develop a “strong” business plan, help you get a loan for the development of a private business
Starting your own business in the UK is not the easiest idea to implement, but very promising. Despite the fact that opening a company is a matter of, one might say, five minutes, you need to understand what papers and where to submit, how to do it right. And then it will take a lot of knowledge and experience to keep accounts, optimize taxes, get a loan for a business, develop a good business plan to launch a startup.
The BS Consulting team has repeatedly helped in each of these areas. Moreover: we ourselves have gone from ordinary immigrant employees to the owners of our own successful business. We know how to deal with visas and taxes, maintain documentation, where to apply for funding and how best to do it. And in general – what ideas will “take root” in the local market and bring profit.
- Selection of a business visa
- Company registration
- Opening accounts in the UK
Why starting a startup in the UK is a good idea?
In 2020, in the ranking of the best European countries for starting a startup
compiled by the financial company NimbleFins, the UK was in second place. With ease of doing business, low start-up costs, attractive tax rates, strong government support, and opportunities to raise additional funding.
The business environment in the UK is very developed: there are many large corporations and representatives of small and medium-sized businesses in the country. The government is interested in increasing the number of entrepreneurs, therefore it comprehensively supports those who launch their own startups, minimizing initial investments and efforts, offering financial support.
It is difficult to unequivocally answer the question of what kind of business will “go” in the UK. Because in the country you can meet a variety of successful companies. You can start a business in the field of rental housing, online trading, production of your own goods, offering services for the British (and solvent!) Market. The main thing is to try and work.
Easy to Start
If you know what documents and where to submit, registration of a company will not take much time. Yes, it may take 2-3 months to obtain permits. But you will spend this time not running around the offices, but waiting for a decision. You won’t have to spend a lot of money on the execution of the necessary papers – the costs are measured by the state duty, registration fee and the cost of specialist services if you decide to work with us.
Taxes and social contributions in the UK are generally not low. But for start-up entrepreneurs, there is a system of benefits and discounts, the opportunity to receive additional funding and even partial coverage of organizational expenses. And in cooperation with a competent accountant, you can legally draw up a lot of deductions and, as a result, pay not so much tax on net profit. Of course, provided that you do not plan to take out a loan for business development.
It is quite possible for a start-up company to receive a loan for business development in the amount of £25,000 at 3% per annum, without guarantees and guarantors. But you will have to try: develop a promising business plan, protect it, proving that your company has every chance for successful development. We help to draw up a business plan and obtain loan funds for your company.
Remotely, you can not only carry out the entire registration procedure, but also conduct your business. To do this, you can use the virtual office service that we offer and shift all organizational issues to us. You can also safely travel without worrying that things will “become”. We will take care of all issues related to correspondence, negotiations, paperwork, answering calls and letters. And we will bother you only on the most important issues.
The British government has thought out a development path for start-up entrepreneurs. For example, you can start with a start-up visa, which requires a “strong” business plan. In a couple of years, apply for an innovator visa, and after 3-5 years, apply for permanent residence. And there is close to citizenship. The main thing is to launch a promising scalable business, with which we will help you.
Easy to Maintain
With a business in the UK, you don’t have to worry about endless checks. The state is interested in new companies. Therefore, the tax office does not touch you for the first 1.5-2 years, and in order for, for example, a sanitary or fire inspection to come, you have to try hard. The main thing is to correctly maintain and submit tax and financial statements on time, with which we will definitely help you.
How much do our services cost?
*We add to all prices VAT 20%
A detailed list of services in all areas of our company’s work is on the Services and Prices page.
Whether you are starting a startup or need a business plan for an existing business, whether you want to outsource all the paperwork to us or open a virtual office, we always start with a consultation for new clients.
It is important for us to know your initial data: the current situation, plans and prospects, desired development directions. Only in this way will we be able to substantively draw up a productive plan for further actions.
Cost of consultation
£100 + VAT = £120
BS Consulting is a team of professionals that can help you with everything you need to know about life in the UK, from immigration services and settling in to company documentation, assistance in obtaining social benefits and planning your future development in the country.
We know everything about moving, arranging life and developing business in this country. And we will be happy to help you in these matters.