Register a company in UK and get VAT & EORI number

How to register your company or a partnership for VAT number?

The value added tax (VAT) is the tax charged on most business transactions made in the United Kingdom or in the Isle of Man. The value added tax (VAT) is a general consumption tax assessed on the value added to goods and services. It is a general tax that applies, in principle, to all commercial activities involving the production and distribution of goods and the provision of services.

It is a consumption tax because it is borne ultimately by the final consumer.

It is charged as a percentage of prices, which means that the actual tax burden is visible at each stage in the production and distribution chain. It is collected fractionally, via the system of deductions whereby taxable persons (i.e., VAT-registered businesses) can deduct from their VAT liability the amount of tax they have paid to other taxable persons on purchases for their business activities.

This mechanism ensures that the tax is neutral regardless of how many transactions are involved. If you wish to register for VAT in the United Kingdom, a VAT registration form needs to be completed.

We can provide all of the necessary assistance to complete the VAT registration form efficiently and accurately. We can also advise you with regard to supporting documentation, such as copy invoices & contracts, that you may need to submit to the HMRC with your VAT registration form.

Coddan™ is specialised in UK VAT registrations for non-UK located businesses, the requirement to register for the VAT is determined mainly by your business trade & not necessarily the country where your business resides. You may be required to register your company for the VAT because you have drawn down stock in the United Kingdom, or trade internationally over the Internet.

We can help you to register for the VAT and can assist with the preparation and submission of your VAT returns. If you are a UK located business & you travel to another European Union member country on business, you may be entitled to recover VAT on some of your expenditure. Each European country has different rules about which expenses are recoverable and the rules can be complex.

We can assist you to assess any VAT refunds and can compile and submit these claims to the relevant tax authority.

It currently takes around a month for HM Revenue & Customs (HMRC) to process applications for VAT registration, although it can take longer (up-to six month) if they need to carry out additional checks. To avoid delays or even the rejection of your VAT application, you need to provide details of your current business account, a copy of the lease agreement, or other document, which can confirm the real place of business.

For an example, you company may have a registered office from us in London, but the real place of business is located in Cumbria, you need to be ready to confirm your address to the HMRC upon their request.

HMRC can also ask for copies of incoming VAT invoices from your current service providers, and ask details of your potential customers with the copies of your pro-forma or VAT invoices. However, the British system for starting up a limited company is outlined based on companies having the UK-based clients or have prospective clients.

The VAT registration can be a difficult process for limited companies having no clients or prospective clients yet.