What's included
Prestige Package
At a discounted price of £89.99 plus VAT, exclusively for Dropshippingit, the Prestige Package offers fabulous value and a huge saving on our products and services if you were to purchase them individually.
UK Business Banking Referral
We have partnered with WorldFirst to offer our non-UK resident customers a UK business bank account referral with UK bank sort code and account number.
It provides international business banking with worldwide coverage, allowing you to open 10+ local currency accounts for free and spend in over 40+ currencies.
From Amazon to AliExpress, to PayPal and Shopify, you can get paid easily, no matter where in the world your customers are.
The importance of VAT registration
It is compulsory to register for VAT when your turnover exceeds £90,000 per year; however, many companies choose to register for VAT on a voluntary basis. Here is why:
- Small businesses can give the appearance of being bigger and more established, as they will assume the company’s turnover is more than £90,000
- VAT-registered businesses are given a VAT number. Many companies in the UK will not deal with non-VAT registered companies as they are considered too small to deal with
- VAT can be applied to the sale cost of almost all goods and services offered
- VAT can be reclaimed on most goods or services purchased from other businesses
Features:
- Ready to Trade Company (Limited by Shares)
- 3 to 6 Hour Online Formation (Subject to Companies House workload)
- Companies House £50.00 Filing Fee Included
- WorldFirst UK Business Banking Referral
- Email Copy of Certificate of Incorporation
- Email Copy of Memorandum & Articles of Association
- Email Copy of Share Certificate(s)
- Email Copy of Company Register with First Entries
- Printed Certificate of Incorporation
- Printed & Bound Memorandum & Articles of Association
- Printed Share Certificate(s)
- Registered Office Address, Covent Garden, London WC2
- A Service Address (for 1 person), Covent Garden, London WC2
- Business Address Service, Covent Garden, London WC2
- VAT Registration (use at anytime)
- Free Business Bank Account Referral (optional)
- Free Online Company Manager to Maintain your Companies
- Free Online & Telephone Support for the Life of your Company
- Free .com or .co.uk Domain Name
Frequently asked questions
Why should I choose this package?
It is a comprehensive package providing a limited company with address services that provide privacy and a prestige corporate image.
We include high quality printed company documents, an impressive London registered office address, a service address, a business address with mail forwarding, and VAT registration.
How does the business address service work?
The business address service included in this package can be used for all day-to-day business mail. So you can use our prestigious Covent Garden, London address on your website, business cards, letterheads and more – giving your company a superb corporate image.
We will forward all mail to an address of your choice at Royal Mail postal rates plus 15%. Mail is sent on the same day we receive it.
Do I need to register for VAT?
If the turnover of your company is expected to exceed £90,000 in the next 12 months, it is a legal requirement to register your company for VAT.
You may choose to register for VAT voluntarily if your turnover is not expected to exceed the £90,000 threshold.
Some companies register voluntarily to claim back VAT paid on equipment and expenses, and also to boost the corporate image of their company.
What do I need to provide to register a limited company?
Limited company formation is a very easy process. You will need at least one director and one shareholder (these roles can be filled by the same individual), a registered office and at least one issued share per shareholder.
No documents or signatures are needed. Simply take 5 minutes to fill in our online form. Your company should then be ready within 3 to 6 working hours.
See also: Information Required to Set Up a Company.
What is a registered office?
A registered office is the official address of a company and every UK limited company requires one.
The registered office address is listed on public record at Companies House, so many people prefer not to use their home address for this purpose.
This package offers the use of our Covent Garden address as your registered office for one year. This service is renewable on an annual basis at a cost of £39.00 plus VAT.
Do I need to supply proof of ID?
All company formation agents, including ourselves, have a legal requirement to check Proof of ID and Address.
Do not worry - over 90% of our customers successfully pass our digital ID checks, without having to do anything.
If you aren’t eligible for a digital ID check, or your digital ID check fails, don’t worry - 99% of customers are able to provide their ID via our Credas App using their smartphone. See here for more information.
Please note:
- This package provides a company with Ordinary shares. If you require forming a company with more than one class of share,
please call our customer service team at 020 3897 2233, and we will be happy to assist you. - Company documents are delivered free of charge within the UK. For overseas deliveries, Royal Mail postage rates + 15% will be charged.