Palm Accountancy Company Formation Support

Whether you're setting up as a sole trader, partnership or limited company, Palm Accountancy can assist you in navigating the complexities of starting
a business.

Starting a new business is an exciting journey for any budding entrepreneur, but having the right support from the start is essential. At Palm Accountancy, we understand the importance of laying a strong foundation. Our company formation service provides comprehensive support, guiding you through crucial decisions such as choosing the correct business structure to setting up your financial infrastructure. We ensure your business is set up with precision and expertise, giving you a springboard platform for growth and success.

How we can help you

Identify Business Structure

We will help choose the right legal structure for your business, such as a sole trader, partnership, or limited company. This decision carries significant tax and liability implications, so seeking professional advice is highly recommended.

Registering Your Business

Our experts will help you register your business with authorities like Companies House and HMRC. We ensure all paperwork is completed accurately and submitted on time, so you can start your business smoothly and compliantly.

Financial
Planning

We can assist you in creating a detailed budget and forecast for your business. Our expert guidance ensures you have accurate projections, allowing you to strategically plan for your business’s growth and sustainability.

Advice and Support

Through ongoing advice and support, our team is dedicated to assisting you with tax compliance, cashflow management and business strategy, ensuring your company continues to grow and thrive long after its formation.

Setting up efficient systems and processes from the outset is crucial for ensuring the long-term success and scalability of your business.

As part of our company formation service, we’ll not only assist in setting up your business but also ensure seamless organisation across critical areas such as bookkeeping, accounting, taxation, record-keeping and payroll management.

With our streamlined systems in place, you can confidently focus on business growth while we handle the administrative tasks efficiently. Let us help you lay the foundation for sustainable growth and development.

Need help setting up your business?

Let’s chat! Our experts are here to guide you through the process and find the perfect path forward for your new venture.

Get in touch

Why choose Palm Accountancy?

Choosing Palm Accountancy means partnering with a trusted and experienced team who understand the intricacies of new business ventures. Our expertise in setting up a business ensures that new business owners can make informed financial decisions and steer clear of common pitfalls.

With our guidance, you can navigate the complexities of setting up a business confidently, allowing you to focus on growing your business with peace of mind.

Experienced Chartered Certified Accountants

We bring our expertise to guide you through the exciting process of setting up your business. Our team ensures compliance with all relevant regulations, minimising the risk of errors and penalties that could prove costly in the long run.

Fixed fees with
no hidden costs

Our company formation services feature a transparent pricing structure, providing peace of mind with fixed fees and no hidden charges. This ensures that you can budget confidently, without any unexpected surprises along the way.

Proactive service tailored
to your financial needs

We extend our proactive approach to anticipate and address your specific requirements. We deliver tailored solutions to ensure that every aspect of your company formation process is seamless and efficient.

Don’t just take our word for it!
See what our clients have to say...

“We’ve entrusted Graham at Palm Accountants with our financial needs for several years now, and it’s been a game-changer for both our personal and business finances. Graham consistently provides invaluable advice, tailored to our specific situations, demonstrating his deep expertise in accounting.

One of the standout qualities of working with Graham is his accessibility. Whether we’re bouncing around new ideas or navigating through challenges, he’s always just a phone call away, ready to offer guidance and support.

Moreover, Graham’s efficiency is remarkable. He completes our end-of-year accounts with lightning speed, ensuring that our financial affairs are in order without any unnecessary delays or hassles.

In sum, if you’re in search of comprehensive accounting support, reliable advice, and a partner who truly cares about your financial success, look no further than Palm Accountants. I recommend Graham and his team to anyone seeking top-notch accounting services.”

George Carter – Chil UK Ltd

“Graham is an exceptional accountant who places a high emphasis on building strong client relationships and delivering a high standard of service. From the start, he took the time to understand me and my business requirements. His guidance, assistance and support have proven invaluable to me throughout the last few years. I highly recommend him to anyone needing a professional, experienced, knowledgeable accountant who genuinely cares about their business.”

Audra Lee – Adapt for Success Ltd

“Graham explains complicated tax issues in a way that is clearly understandable so that it makes sense. He is extremely personable and always finds time to answer my questions even when he has given me the answer in the past and I have forgotten due to the complexity of the issues.”

Sally Pilott – SJP Commercial Property Limited

“We moved over to Palm Accountancy a couple of years ago, and our accounts have been in safe hands with Graham ever since. His endless patience in answering queries and helping us to better understand the accounting process has calmed what can be a huge headache for small businesses. Tax planning via Palm has always been sound and logical, and has helped our business to grow.”

Property Rental Company

“We have been using Palm Accountancy for around 8 months now and I have nothing but good things to say. Graham and his team are fantastic. I initially thought changing accountants would be a long-winded and painful process, but it wasn’t. Graham handled the process and made it a very smooth transition. Since we started using Palm Accountancy the service has been brilliant. Someone is always at hand to help, and I feel my business is in safe hands with Graham and the team. I would definitely recommend Palm Accountancy to anyone looking for a good Accountants.”

Tom Vincent - Vincent Gurney Limited

“I just wanted to thank you once again for all of the help from yourself and the team in setting up the financial side of our business.

Since we first spoke, you have always been very responsive and provided expert advice in setting up the xero accountancy software through to processing the annual accounts. In addition your expertise in setting up our payroll process went very smoothly and is a credit to you and the team.

Training our team and being available to answer any technical accountancy in a prompt manner has also been very supportive which leaves us to focus on our business!”

Graham Budinger – Grit Sports Management Ltd

Frequently asked questions

To set up a company, there are a range of details you need to provide. These include a registered office (office address), business activity, director’s details, shareholders details and person with significant control details.

Yes, if you wish to set up a limited company, you must register with HMRC.

The choice of business structure depends on your personal circumstances. A limited company offers more flexibility; for instance, you can draw a regular salary that is taxed as normal income. In contrast, a sole trader pays income tax on all business profits. If you’re considering starting a business and need advice on the best company structure for your situation, contact us today for a free, no-obligation chat.

Whether you're setting up as a sole trader, partnership or limited company, Palm Accountancy can assist you in navigating the complexities of starting a business.