Steps For Company formation in the UK from Canada
Communication Team
Communication Team

November 29, 2022

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Steps For Company formation in the UK from Canada

If you're a Canadian entrepreneur looking to expand your business into the UK, it can be a complex process. However, it doesn't have to be! With wamo’s company formation service it’s possible to have a registered UK company and a business bank account ready in just 48 hours. Let’s take a broader look at creating a UK company from Canada.

Helping Canadians expand their business in the UK

As a Canadian business owner, you may be thinking about expanding your operation across the pond. The UK is Canada's largest trading partner and many Canadian businesses are already looking to expand into this market. With an economy that is growing faster than any other G7 nation and a strong currency, there has never been a better time for Canadians to consider exporting their products or services to Britain. The UK is also an excellent gateway into Europe and North America—the two largest economic regions in the world—so you'll be able to grow your business quickly once you set up shop here!

Start your business in the UK from Canada

You can start your business in the UK from Canada. No need to live there, no need to be a citizen of any country other than Canada. It’s totally legal and straightforward, though the process may take some time.

Register your private limited company in the UK

You can register your company in the UK. To do this, you need to:

  • Get a company name that is not already being used by other companies or businesses in the same industry. You can check on this using Companies House’s database of existing companies.
  • Register your private limited company with Companies House, who will create an official record of your business and its details (including directors and any shareholders).
  • Once registered, you must also notify HMRC (Her Majesty’s Revenue & Customs) and HMRC may ask for proof that you own your business name(s) before they can issue VAT numbers; if you do not own your name(s), then you must choose another one which isn’t already registered by another company - so make sure it's unique

Hire British employees and grow your business in the UK

In addition to the steps outlined above, there are a few other considerations that will help you grow and operate your business in the UK. The first is hiring British employees. Second, you should also consider hiring EU citizens, as in some cases they can also work in the UK without requiring any visas or work permits. Thirdly, if you want to hire non-EU citizens (such as Canadians), then it’s mandatory for them to have a Tier 2 Visa before they can legally start working at your company.

You can start your business in the UK.

You can start your business in the UK. The first step is to register your private limited company in the UK. Your foreign limited company will then be able to hire local staff, if you need staff, who have English as their mother tongue, or who are skilled enough to communicate effectively with you, so that they can help manage all aspects of running your new venture.

You can choose whether or not to incorporate under a name reserved for this purpose: "limited liability partnership." Other options include sole trader or corporate secretary (which is not an option if you want to trade as a limited liability partnership).

If you’re an entrepreneur looking to expand your business in the UK from Canada, it’s a great option and an excellent opportunity for business growth. The UK government actively encourages foreign business and it’s an important market to be in! It’s a good idea to open a business bank account for your new company and for the business transactions you’ll soon be making. With wamo it’s possible to create a UK company registered with Companies House and to open a business account, all from one place and all within 48 hours!

What you get with wamo is a business partner with a focus on providing personal and professional customer service from a team who value not just your current efforts but our future goals and ambitions. Our job is to make it easy for you. Download the wamo app from Google Play or the App Store or head over to the homepage of this website to use the desktop version. Registering a UK company and opening a business account can be done in two days and customer support is ready to help if you need it - just tap on the chat bo in the bottom right corner at wamo.io.

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