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An LLP Agreement is the document that defines how your partnership really works – from profit sharing to decision-making and member responsibilities. Without one, your LLP defaults to generic legislation that rarely suits how partners actually want to operate. This guide explains why every UK LLP needs a properly drafted agreement and what to include to protect your business and avoid costly disputes.
Shell companies are often misunderstood – while some are linked to financial crime, many serve legitimate business purposes. This post looks at what shell companies are, how they work in the UK, and how to stay compliant with new transparency and identity verification rules.
Starting a new business is exciting but the first year can make or break your company. For many UK entrepreneurs, this period is filled with both opportunity and challenge. From managing cash flow and finding your first customers to meeting legal obligations like filing your Confirmation Statement and staying on top of Corporation Tax, it’s easy to feel overwhelmed.
December marks the final stretch of 2025 – a high-pressure, high-opportunity month where UK businesses juggle festive trading, holiday marketing campaigns, and the last of their year-end responsibilities.
Expanding into the UK market can open significant opportunities for international businesses but it also introduces important tax and compliance responsibilities. One of the most critical is understanding your UK Value Added Tax (VAT) obligations
This quick start guide from Formations Wise walks you through the essential steps for setting up an e-commerce business in the UK. You’ll learn how to form your company, register with HMRC, understand key e-commerce laws, and prepare your online store for long-term success.
If you’re starting a business in the UK, you’ll quickly come across the term Companies House – the official government agency responsible for incorporating and regulating limited companies. It plays a crucial role in ensuring transparency, accountability, and trust within the UK business environment.
Starting a blogging business in the UK offers one of the most accessible paths to creating an online income, sharing your expertise or passion, and building a brand around your voice.
Whether you’re developing your first product, seeking investment, or navigating legal and tax obligations, having the right support and tools in place can make all the difference. Fortunately, the UK offers one of the most dynamic startup ecosystems in the world – packed with free, government-backed, and industry-led resources to help entrepreneurs succeed.
Expanding your business into the UK? This step-by-step guide explains how to register a subsidiary of a foreign company in the UK, including key legal requirements, incorporation documents, tax registration, and compliance obligations.
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Formations Wise is a trading style of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.
Content is for general information only. Always take advice.
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