Business start-up services

Start Your Business the Right Way

Sole trader or limited company? We help you choose the right structure, register for the right taxes and build a plan that gets you funded and growing.

Speak to a Chartered Accountant

Office hours
Monday – Friday: 10:00 – 17:00
Saturday – Sunday: Closed

In short

We advise new businesses on the best legal structure, handle company formation documentation and tax registrations, and prepare business plans, cash-flow forecasts and feasibility studies to support bank finance.

How we help you launch

Choosing your structure

Sole trader vs limited company — the pros, cons and tax impact.

Company formation

Documentation to set up your company correctly.

Tax registrations

Income tax, corporation tax, VAT, PAYE and RCT.

Tax exemptions & reliefs

Information on reliefs that may apply to you.

Bank finance support

Help preparing for loans and funding applications.

Feasibility studies

Test your idea before you invest.

Business plans & cash flow

Professional plans and cash-flow projections.

Software setup & training

Get set up on the right accounting software.

Who this is for

A strong foundation from day one

The decisions you make when starting out — your business structure, tax registrations and record-keeping — affect how much tax you pay and how easily you can grow. We guide you through each step so you start compliant and confident.

Sole trader or limited company?

Operating as a sole trader is simple and low-cost, but your personal assets are exposed and profits are taxed at your marginal rate. A limited company offers limited liability and access to the 12.5% corporation tax rate on trading income, but brings more reporting obligations. We compare both options for your circumstances.

Funding and planning

Banks and funders expect a credible business plan and realistic cash-flow forecasts. We prepare these professionally and help you present your business with confidence.

New business owner planning growth with business start-up advice from an accountant

FAQ

Common questions

It depends on your expected profits, risk and plans. Sole traders have fewer obligations; limited companies offer limited liability and the 12.5% corporation tax rate on trading profits. We model both for your situation.

Typically income tax (sole traders) or corporation tax (companies), plus VAT if you exceed or choose to go over the thresholds, PAYE if you employ staff, and RCT if you work in construction, forestry or meat processing.

Yes. We prepare business plans, cash-flow statements and financial projections in the format lenders expect.

Yes. We offer consultations in English, Russian and Latvian.

Related services

Explore more ways we can help

Accountancy Services

Year-end financial statements, management accounts and CRO annual returns for sole traders, companies, clubs and societies.Learn more →

Tax Services

Income tax, corporation tax, CGT, CAT, VAT, payroll and RCT returns — plus expert support with Revenue audits.Learn more →

Bookkeeping Services

Accurate monthly bookkeeping, bank reconciliations, VAT & RCT returns and payroll that keeps you Revenue-ready.Learn more →

Ready to take the stress out of your accounts?

Book a consultation with a Chartered Accountant — online or in person.