Do i need to Register a Company and V.A.T before start Online Store in UK ?
The advice from Reece about contacting Business Link is good. They have free information and seminars that take you through everything you need to know about starting your business. You don’t need to register your company unless you’re setting up a limited company, in which case, you register it at Companies House. Their site is very helpful. You will need to let Inland Revenue know about your business within 3 months of starting it for tax and national insurance purposes. They also provide free seminars on starting in business, which are very helpful. VAT registration normally is only necessary when your turnover reaches £68K (approx) or is expected to reach that level in any year. However, it can sometimes be advantageous to register voluntarily before you reach that level. It’s only beneficial if you’re buying stock or raw materials that you have to pay VAT on. You then have to charge VAT to all your customers, supply them with sequentially numbered invoices and make a VAT return ev
