business checklist

The 2023 Small Business Must-Have Checklist

As we wave goodbye to 2022 and welcome all the possibilities of a new year, we wanted to provide a brief but informative blog about what the new 2023 era means for small business owners.  Here’s a succinct list of

Is Your Dividend Payment Illegal?

Is Your Dividend Payment Illegal?

Is Your Dividend Payment Illegal? You do your due diligence and invest in a company, you may even be one of the company’s directors, putting in the work on a daily basis to help ensure that the company becomes a

Keep Your Eyes Out and Ears Open for the New “Making Tax Digital”!

Two years may sound like eons away when it comes to your business. However, with fundamental changes to the administration of the UK tax system coming down the pipe, business owners should take every opportunity to start getting apprised of

10 Reasons to Choose 121 Company Formation for Your Business Setup

Starting a new business can be both exhilarating and daunting. As a budding entrepreneur, you want to ensure everything is done right from the start. And that’s where 121 Company Formation Ltd comes in. Here are 10 reasons why choosing

Avoid These Four Things That Will Get Your Company Name Rejected

Beware! Avoid These Four Things That Will Get Your Company Name Rejected 121 Company Formation provides access to a free company name search tool so you can conduct searches for the perfect name that suits your business and your brand

The 121 Company Formation Difference – Why We’re the Company Formation Agent of Choice!

Are you looking to register a new business in the UK? There’s quite a bit of administrative work involved in the process of getting a new business registered with Companies House. Furthermore, there are legal requirements and paperwork that need

Filing An Annual Confirmation Statement – Why It’s An Absolute Must!

Filing An Annual Confirmation Statement – Why It’s An Absolute Must! All limited companies and limited liability partnerships (LLPs) registered in the United Kingdom must file a confirmation statement with Companies House (the UK’s official registrar of companies) at least

I Can Set Up My Own Company. 5 Reasons to Think Twice

I Can Set Up My Own Company. 5 Reasons to Think Twice   As the name suggests, UK company formation agents specialize in registering companies in the United Kingdom with Companies House. New company formation encompasses registering: Companies limited by

Salary or Dividends, Which is Better?

Salary or Dividends, Which is Better? When sole proprietors or partners form a limited company, it becomes a legal entity in the eyes of the law. This means that all finances legally belong to the business; directors cannot simply withdraw

Launching a Business? Five Critical Criteria That You Need to Review First!

Launching a Business? Five Critical Criteria That You Need to Review First! We sincerely applaud anyone who decides to pursue their dream of running their very own business endeavor! There are a plethora of resources out there to help you