10:32:46 Wednesday, 8 September 2010     3 h incorporations -Tax profits-Corporation Tax - Trading Limited Companies - Annual accounts

    
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CARTHAGENA MANAGEMENT Ltd.

Express UK Limited INCORPORATION and Registration Officers.(Click above to buy :

Member Skype ( www.skype.com ) i.d: Carthagena Management

UK Biz International Package at 1.070 euro  :

Incorporation + check of availability on the NAME with Companies House 3 Hours service,ONLINE service

1 year Registered Office

1 year Company Secretary

1 year maintenance

follow up by Chartered Accountants(separate contract of services apply,according to business)

1 CD rom with contracts,made up by Lawyers incuded : Incorporation Certificate,Annual meetings,Extraordinary meeting,how to rent/buy an office,lease a car,employ sales staff,...)

F R E E Advice to start up with SKYPE i.d : Carthagena Management)

preparation to apply for V.A.T + Introduction

preparation to apply for an UK Bank Account + Introduction

possibility to apply for overseas or offshore bank account 

preparation of Annual Returns,in accordance with Chartered Accountants 

proposal to pay out the dividends,in accordance with Chartered Accountants.

Advantages : Small Company Tax

From the 1 April 2006 the zero percent corporation tax rate for companies who have taxable profits of £10,000 or under, was abolished.

In some ways this was a welcome simplification of small company taxation. Effectively you could only claim the zero percent rate if the £10,000 of taxable profits were retained in the business. If you withdrew the profit as a dividend, then tax was payable at 19%.

The position now is:

  1. Companies with profits up to £300,000 will pay tax at 19%
  2. Between £300,000 and £1.5m at a marginal rate, and
  3. Profits in excess of £1.5m at 30%.

These bands of taxable income will be reduced if a company is "Associated" with other companies - generally if companies are under common control.

For instance if Mr A owned more than 50% of the voting capital of Company X and Company Z, he would have effective control of both companies. Company X would therefore be associated with Company Z for corporation tax purposes. Each company would be allowed to make up to £150,000 taxable profit each year at 19%. (£300,000 divided by 2)

The rules which define this associated relationship are complicated. For instance in certain circumstances ownership of different companies, by husband and wife, can result in an association.

If you have any investment in the voting shares of any company, even if you consider them irrelevant, do discuss this issue with us when you next present your annual accounts.
Hereafter,you can select the type of Company you want us to set up in the United Kingdom,through our Lawyers (Holdings Ltd/Plc) or our Chartered Accountants for trading Limited Companies.

All "express electronicly" incorporations are done same day,less than 3 hours,upon receipt of your secure payment confirmation from PAYPAL or VISA payment with CREDITCARD.No need to open a PAYPAL account,just follow the instructions on the BUY ONLINE button.

So,if you want to start doing business today,read the next sections carefully and select your choice.

For international clients,we have the "Biz Start-up" International Package,with CD ROM instructions (included are all type of contracts,lease,rent,hire staff,certificates,annual meetings,extraordinary meetings,resolutions,...)which enables you to start your business immediately,now for just 1.195 euro,all-in + FREE ADVICE WITH SKYPE ( i.d : Carthagena Management).

You will be assisted by our Chartered Accountants to set up your business rapidly,apply for a bank account, for a business VISA card ,VAT number.

Please note,we can assist you to find partners and start-up business loans,providing we have a full detailed business plan.

If you want the complete readymade list ,mail us : info@carthagenamanagement.com

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Cooper House - 5 Lower Charlton Estate - Shepton Mallet - Somerset BA4 5QE - Tel.: +44 174 934 22 55   Europhone:+32 477 70 77 77