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Register Your Company in the United Kingdom

To declare your business and make sure that you are paying taxes on profits, each company must register with HM Revenue and Customs (HMRC). Once you receive the confirmation and your unique tax number, HMRC requires all companies to pay an annual tax amount, starting in April of the previous fiscal year and depending on how much you earn and what type of company you own.

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Register Your Company in the United Kingdom

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  1. Register Your Company in the United Kingdom To declare your business and make sure that you are paying taxes on profits, each company must register with HM Revenue and Customs (HMRC). Once you receive the confirmation and your unique tax number, HMRC requires all companies to pay an annual tax amount, starting in April of the previous fiscal year and depending on how much you earn and what type of company you own. If you wish to request more advice, you can contact directly with HM Revenue and Customs or your local Council, you can also contact the Chamber of Commerce in your city of residence in the United Kingdom or in your country of origin if not yet you live in the United Kingdom. Types of business in the United Kingdom There are several types (types of business) in the United Kingdom, choosing the right one to start your business depends on your particular situation. The two main types are: Independent dealer If you have started working for yourself and earned money through your business activities, you are classified as self-employed and are independent traders, even if you have not yet registered with HM Revenue and Customs.

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