The coronavirus pandemic has accelerated the move toward work-from-home. Many business owners and employees are working from home in the UK. Work from home arrangements…
Author: Smart Formations
Every business owner has to decide on the structure of their business. The options available to an entrepreneur generally come down to sole proprietorship and…
A special purpose vehicle (SPV), as the name suggests, is a legal entity created for a defined purpose -mostly to isolate financial risk from parent…
Electronic signatures are a fast and convenient way of completing transactions. The whole idea is to save time, minimise paper-driven processes, and allow important documents…
Impostors can do serious damage to your business with your confidential company information. They can incur business expenses in the name of the firm and…
A company is a separate legal entity in the UK. Unlike sole traders and partnerships, the owners, also known as shareholders, cannot treat profit as…
One of the most common questions that new business owners ask is how long to keep accounting records for and which business documents to store.…
The medium of the internet has allowed business, retailers and entertainment companies to reduce the cost of doing business while reaching wider audiences. Nearly all…
Directors, shareholders, company secretaries and persons of significant control (PSCs) have roles within a company that are dealt with in the Companies Act. It should…
Shareholders are the owners of a company. When a company is created, it raises funds to start trading or making investments. Each shareholder makes an…