020 8429 9245

March 21st 2014 / BY: Wisteria

Services Offered by Chartered Accountants in London

A Chartered Accountant is a professional who is qualified to prepare financial statements and provide advisory services to their clients regarding a number of accounting and tax related matters. Chartered Accountants in London offer a number of services that are necessary before and after a company formation. The services range from providing advisory services to company secretarial services and registering a company. These services are important to ensure that the company complies with administrative requirements, as well as legal and practical issues and obligations.

Tax Advisors

Company secretarial services are important since the company secretary is mainly responsible for the efficient administration of a company. The company secretarial services include ensuring that proper board procedures are in place, ensuring the company is compliant with relevant legislation and ensuring the company meets their specific or industry wide codes of conduct. Since the company secretary is usually the main point of contact for shareholders, they generally tend to have a range of useful contacts and can take a burdensome job away from the directors of the company.

During the company formation process, the directors usually require advice on various matters which include tax advice, compliance issues and accounting services. Tax consultants are financial experts who can assist their clients with a wide range tax issues. Chartered Accountants and Advisers provide accounting services and can provide advice on a range of different matters before and after the incorporation of the company.

The company formation process can be simple, quick and easy by using a specialist company formation agent or accountant. Since Companies House now accept applications to form a company online, a limited company can now be registered in the UK within three hours. While registering a new company, all of the details about the new company, such as the directors’ and shareholders’ names, the company’s registered office address and the share capital of the company need to be provided to the formation agent or accountant. The formation agent will then submit your company registration application to Companies House for its incorporation.

After the company incorporation, it is usually advisable to consultant a business accountant and an adviser regarding filing of the accounts and annual return, audit, book-keeping, tax planning, bank accounts and other accounting services. Generally, business accountants play a strategic role by providing professional advice, aiming to maximise profitability and limit tax for their client.

There are a number of Chartered Accounts in London who provide advisory services and the various services mentioned above. Wisteria Chartered Accounts specialises in advising early stage and growing businesses to achieve success from the business plan stage till the point of sale of listing.  The various services offered by Wisteria are accounting services, corporation tax advice and compliance services, VAT planning and registration, payroll and PAYE registration, company secretarial services, registering a company, business planning and strategic advice and back office and outsourcing services.

To find out about Wisteria Chartered Accountants, Tax and Business Advisers and the variety of services provided for companies and individuals please contact 0208 952 0140 or email info@wisteria.co.uk.