Ecovis Wingrave Yeats Limited

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Zerorex UK LLC Ltd: A Case Study By Ecovis Wingrave Yeats

Zerorez UK LLC Ltd Zerorez is a carpet cleaning business and franchisor founded in the US in 2003. Headquartered in Utah, they have built up thousands of 5-star reviews across the States and attracted private equity investment which has led to their recent expansion into the UK, beginning with the setup of UK headquarters in Watford, ultimately looking to prove the model and begin UK expansion through franchising. We have been advising Zerorez since before their UK incorporation in 2021, helping them understand the UK compliance environment and advising on the optimal group structure to ensure profits are captured and retained in the correct jurisdiction. Besides statutory reporting, bookkeeping, VAT and corporate tax compliance, we have provided personal and corporate tax advice, enabling key individuals to appreciate the implications of UK expansion, and ensuring the group has in place the optimal structure and remuneration strategy to achieve its growth targets.

Company details

Incorporated:
26 August 1980
Industry:
Business and consumer services