So you you’ve done the hard bit now and secured your first contract, or perhaps you’ve decided to move away from an Umbrella Company to run your own Limited Company. Either way, it’s important to get the structure and set up right at the beginning so here’s our guide on setting up a limited Company.
After you have weighed up all the options and decided this is the right way for you then the process is quite straightforward. All new companies must first be registered at Companies House, so visit their website here (link to http://www.companieshouse.gov.uk/) then follow these steps:
Although it is straightforward, many contractors decide to use a company formation service. Most accountants will also provide a company formation service at a minimal cost and is a hassle-free option to take. You will need an accountant to provide support in filing your year-end tax return.
For more advise or support on this please get in touch with any Be-IT consultants who will be happy to provide direction in what can be a daunting but a relatively pain free process.
Whether you’re looking for a role or looking for a raise, looking to hire tech talent or looking to keep your team intact, our annual Salary Benchmark and Market Insight Report is essential reading.
We’ve collated data from our survey, aggregated the figures with our CV database and cross-referenced the results against the best market benchmarks. The result is vital insight into salaries and day rates for a range of roles – equipping you with vital knowledge for whatever you want to do next. All we need is a few details: