Overseas company with a UK subsidiary? No problem…
We not only work with UK companies, but also international companies. Whether that be on UK subsidiaries of overseas companies or vice versa, where we work on UK companies that require a subsidiary or a branch internationally.
The first question to ask is which legal format to consider. If you’re not sure whether this should be a limited company or an overseas branch, our free guide below will be able to help.
We can formulate your company or branch by:
Setting up the UK entity at companies House
Registering the company for VAT and PAYE (salary taxes)
Assistance with setting up a UK bank account
Once the legal entity is formed, we can provide support to UK employees in regards to performing the monthly payroll for the UK subsidiary and its employees. We can also supply taxation advice for UK employees along with domicile and non-domicile tax planning. Sedulo has a dedicated payroll and tax advisory team which can service all your requirements.
Should monthly bookkeeping be required, we can setup the accounts systems and put all financial information into an accounting package for reporting. Sedulo are specialists in providing monthly management accounts to overseas holding companies.
If a UK company is registered, and is owned by an overseas business then it is subject to Audit by UK Company law. Sedulo have an audit team which will provide a quick turnaround audit of your financial statements and corporation tax. We can prepare financial statements, corporation tax calculations and filing of company administrative material to the UK authorities ensuring your UK company abides by company law regulations.