Statutory Compliance

Setting up a business in the UK is not just about offering a great product or service, but means navigating a vast minefield of legislation.

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Statutory Compliance

Legislation You Need to Comply with Includes:

Determining the business’ structure (i.e. sole trader, limited company, partnership)
Registering the company according to its structure, with the relevant authorities (this may include the need for a registered office)
Setting up bank accounts
Compliance with National Insurance, VAT and tax legislation
Compliance with payroll and pension legislation

Legislation concerning employees (working environment/ conditions; rights and responsibilities; training requirements and more); health & safety regulations, even potentially applicable immigration laws may also all need to be considered and complied with utilising our HR team. Failing to comply with all applicable legislation could ultimately result in very unpleasant, potentially costly consequences.

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