Setting up in business in another country can be a challenging experience.
Our outsourcing services can make that experience as painless as possible so that you, and your wider team, can concentrate on what you do best.
We have a strong international client base and assist a number of international organisations with their UK business operations.
We provide a turnkey outsourcing service to assist with all aspects of business commencement, ongoing financial management and internal and UK statutory reporting.
Our outsourcing services have been designed to let you focus on core business activities, safe in the knowledge that all relevant UK legislative requirements are being met.
To assist with your understanding of the regulatory framework surrounding UK business operation, we have prepared a detailed guide to business in the UK, which is downloadable in PDF form.
Company Formation and Registration
We offer proactive advice on the corporate structures available in the UK and provide practical assistance in all aspects of the formation and registration process.
Our company formation and registration services include:
- Corporate registration.
- The appointment of company officials and registration of shareholders.
- Registered office services.
- Company secretarial services.
- The maintenance of statutory records.
- The preparation of statutory documents and minutes.
Bookkeeping and Management Accounting
Our specialist outsourcing department provides a full financial and administrative support service ensuring that your organisation maintains detailed accounting records, as required, and is fully compliant with relevant UK legislation.
Our bookkeeping and management accounting services include:
- The preparation of monthly or quarterly management accounts in accordance with your reporting format and internal timetable.
- The management of core accounting functions – Sales ledger (Receivables), purchase ledger (Payables) and bank accounts.
- Credit control services.
- VAT function management and VAT return compliance matters (See below).
Payroll Services
Menzies provide a tailored and secure payroll service for client organisations so that whatever the size of your business our computerised, BACS approved, service can free you from the burden of payroll administration.
Payroll services provided by the Menzies team include:
- Payroll registration with HM Revenue and Customs.
- Payroll taxes calculation and management.
- Employee salaries management and security payslip distribution.
- BACS transmission of salaries, PAYE and NIC and pensions.
- Completion of all necessary UK compliance documentation.
- Handling and payroll queries raised by H M Revenue and Customs.
For more detailed information in relation to Menzies’ payroll services see the payroll services page or please contact Jon Jagger.
Taxation
Menzies provide taxation support to clients through our specialist international, UK corporate and personal taxation departments and these services have proved invaluable to organisations looking to trade in the UK.
Our international taxation department provides specific and tailored advice to businesses facing cross-border issues and our international expertise enables us to provide clear, integrated and cohesive taxation solutions.
Our UK corporate taxation department, in conjunction with our International taxation department, focus on local strategic advice as well as domestic corporation tax minimisation and mitigation.
Their service extends to the management of the UK corporation tax timetable and relevant compliance matters.
Our personal taxation department caters for the UK taxation needs of company directors and identified stakeholders.
VAT Compliance and Consulting
The UK VAT regime, and its interaction with EU VAT legislation, is becoming increasingly complicated and through our dedicated VAT department we provide clients with both VAT compliance and consultative services.
Compliance services, in conjunction with our bookkeeping and management account services, include:
- Administering applications for VAT registration.
- Completion of monthly, quarterly or yearly VAT returns.
- VAT function management.
Consulting services include:
- Specific, transaction advice.
- Strategic advice.
- Advice relation to UK/EU/Worldwide transactions.
Statutory Accounts Production and Regulatory Requirements
Our comprehensive range of accounting services will help you to comply with all relevant UK reporting regulations.
We are ideally positioned to assist with the expedient preparation of statutory year-end financial statements with managed adherence to any wider European or worldwide reporting requirements.
HLB International
Menzies is a member of HLB International. A world-wide network of accounting firms and business advisers.
We will be delighted to talk to you on any “Inward investment” matter so please do not hesitate to be in touch.