Thank you so much for bring such a powerful packed information. Your explanation is so detailed. Please can you do a video on UK VAT Registration and why we need it.
Forming a UK company will provide you with the formation documents. Getting a business address is your responsibility depending on what you need it for.
I want to say a big thank you for the information I've gotten from because few weeks back I had a very strong sense of opening a company from both the UK and America but didn't know how to go about it. How your video popped up is divinely accurate in timing. Finally do you live in any of the countries that's in America and UK when you did the video's? Am still waiting for the continuous session of the EIN which you promised to send soon.😂❤
Hello, Joy. After watching your videos, I found that this video was a way to go in coming up with my company. But I have a problem since the UK companies does not have EIN nor UK government does offer EIN. They offer UTR, so am not able to have EIN. Based on my research, EIN and UTR are not same, they are different, EIN has 9digits whereas UTR has 10digits. I really want UK company, help us way out on getting EIN or other ways we can have what is based on your videos in relation to having UK company. Thank you!
UK and US companies are different. If you want EIN Number, you'll have to form a US Company and the guide to do that is on the channel. Unfortunately, US companies are not cheaper to create like UK companies.
So meaning, if I get UK company I will not have mercury bank. Look for us alternative of mercury in UK. Hope when I form UK company, it will solve Ecommerce issue for non American residents and other online issues
@@AlexenLossy Mercury bank needs to be registered using a US Company. For your question, what I did was to make a video on forming a UK company, you'll have to figure out if it will be beneficial for what you want to use it for.
Please thank you very much for the great update🎉 Please can I use it to register stripe account, if yes please what can I do if the stripe account ask for identity verification please 🙏
Thank you for your information but I am confused, If I am using this for my shopify payment, which type of Company should I form? an US company or an UK company and why?
No, but you can use your address where you live by choosing your country and entering your address. The UK govt. may send you your company formation letter via mail to the address on file.
I used PayPal to make the payment. If you have a PayPal account, you can link the card to PayPal and pay with it or try with a another card or dollar card.
No, LLCs are pricey by nature because of the fixed prices paid to each state government plus other requirements. But the guide I made on Forming an LLC on this channel is one of the affordable methods if you compare with other formation companies.
@@ebrahhim4363 1. The company name. 2. Details of turnover and nature of business. 3. Bank account details. 4. Company Registration Number. 5. Unique Tax Reference ( UTR ) number (this will be sent to you days after your company is formed - you can also register for VAT of the UTR isn’t available yet). But please note, you don’t need VAT before you can complete any online application.. you can complete your application without it on majority of platforms. If you have any more questions on VAT, a google search will help more or the UK Gov. website.