Prohal

Fintech Start Ups

Fintech Startup

We reviewed the clients business activities and analysed the best legal business structure. A UK limited company was the most suitable structure being a 100% subsidiary of the Indian company. We assisted our client in opening a UK bank account and search for office space in London. Our client also required assistance in obtaining Visa sponsorship in order to employ skilled staff who had worked for the parent company to oversee the UK operations. Together with our associate UK immigration lawyer we were able to successfully obtain the sponsorship license. We continued to support our client in providing ongoing accounting, payroll, VAT, corporation tax and other consultancy and compliance services to our client to ensure that the company was running smoothly whilst complying with UK reporting requirements. As a result of managing their regulatory requirements, our client was able to focus on managing their business which has now expended to other major cities in the UK.

Company details

Industry:
Software and computer services