Mint Formations Blog

The Ultimate Guide to UK Business Structures

No one ever said starting a business was easy, but making the right decisions at the outset can make it a much easier process. If you’re considering starting a business in the UK, one of the first things you’ll need to decide is which business structure to adopt. Choosing the right business structure is an… Continue reading The Ultimate Guide to UK Business Structures

What Information Can You See in Companies House Searches?

If you run a business or you’re thinking aboutstarting a company in the UK, you’re probably already aware of Companies House. Companies House is the UK’s business registrar, and a public database of nearly six million registered UK companies.  Regardless of the type of business you run or want, you’ll come across Companies House along… Continue reading What Information Can You See in Companies House Searches?

What Is a Company Formation Agent? A Complete Guide for New Business Owners

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If you’re in the process of setting up a new business, you’ve probably already got a lot on your plate. It’s an exciting time, but there’s plenty to do. You’ve got to sort out your business plan, get your website and marketing set up and deal with finances.  And that’s all before you start to… Continue reading What Is a Company Formation Agent? A Complete Guide for New Business Owners

How to Change from Sole Trader to Limited Company

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If you’re registered as a sole trader and thinking about becoming a limited company, you’re not alone. The UK currently has over three million sole traders, many of which go limited in the future. Most entrepreneurs and freelancers start as sole traders and incorporate their businesses later. But making the switch from sole trader to… Continue reading How to Change from Sole Trader to Limited Company

Shares vs Stocks: The Difference Explained

Stocks and shares are often used interchangeably within the context of financial markets and stock exchanges in that they both refer to the ownership of financial equities within a company. The differences between shares and stocks are subtle, but they’re important to know if you’re buying or selling, investing or starting a limited company. In… Continue reading Shares vs Stocks: The Difference Explained

The Complete Guide to Setting up an Online Business UK

Thinking about setting up an online business in the UK? There’s never been a better time to do it. While Covid-19 caused mass business closures, it also gave people the opportunity to start an online business while stuck at home. In fact, 85,000 online companies started during lockdown. But if you’re looking to set up… Continue reading The Complete Guide to Setting up an Online Business UK

What Is a Virtual Bank Account?

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Over the last couple of decades, virtual banks have become an incredibly viable and popular option. More people than ever are choosing the convenience and accessibility of virtual banking. In fact, over a quarter of the UK population now have a digital-only bank account. Traditional banks aren’t going anywhere, but Coronavirus made virtual banks even… Continue reading What Is a Virtual Bank Account?

When Is the UK Tax Self-assessment Deadline?

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If you’ve just become self-employed, you may know that you need to complete a self-assessment tax return. But if you’re just starting out, your tax return can be pretty daunting and stressful if you’re not entirely sure what you’re doing. Every tax year, businesses, sole traders and owners of rental properties have to file a… Continue reading When Is the UK Tax Self-assessment Deadline?

How to Register a Small Business

Starting your own business can be an exciting and rewarding experience. There are tonnes of benefits to starting your own company. You have more freedom to make decisions, and you choose who you work with. If you’re starting your own small business, you’ll be joining over 5.5 million others in the UK. But while it’s… Continue reading How to Register a Small Business

Complete Guide to Going Self Employed in the UK

Going Self Employed in the UK: A Complete Guide Starting your own business and becoming self-employed is an exciting adventure. It offers freedom from traditional employment, the chance to work the way you want, and a great deal of independence. But self-employment is a big step to take. Self-employed people have far more responsibility than… Continue reading Complete Guide to Going Self Employed in the UK