Post-formation services for British holding companies: businesses decide to set up registered holding companies in the UK for a number of reasons, and many of them relate to ongoing benefits for taxation purposes. After the registration of one of these companies by Coddan, the professional levels of service continue with support and advice from their legal representatives, and many of their clients choose to request their insights on a regular basis. The registration of a holding company is just the first stage - the real benefits come with the proper administration of this aspect of a business.
Moving forward, if it is necessary for an individual to remain anonymous, businesses can choose a nominee within Coddan to act as the public face of their company. The necessary paperwork is drafted at the outset to ensure that the true business owners are in full control at all times, but the Coddan representative remains visible in the official company records. In a similar manner, a dedicated address for the holding company can be provided that is located away from the main place of business, and this means that correspondence can be dealt with off-site without affecting the everyday running of the limited company. Unwanted business visits are also avoided with this system.
From a practical perspective, Coddan can assist new companies with the opening of a new bank account. Taxation benefits are a major aspect of a registered holding company, but this process needs to be handled with the highest possible levels of expertise to remain both viable and legal. Our experience allows them to perform a thorough tax analysis of a private company, and this will enable a business to proceed in a clear and defined direction towards tax efficiency.