Can Coddan help me to register a company or an LLP to start a Forex business? In the information age, each and every one of us now possesses the ability to launch an online business with the potential to capture an international customer base in next to no time at all – essentially, a good idea can yield potentially limitless returns within a matter of months, or even weeks. One particular industry which has continued to witness exponential growth on an unprecedented scale in recent years is foreign exchange brokerage, commonly referred to as the Forex market.
Forex brokers typically connect individuals wishing to trade on foreign currencies with the Forex market, providing an easily accessible platform for customers to trade on what is known as the "interbank", which is essentially an easy way of describing the manner in which international banks trade with one another at prices which vary from institution to institution.
Of course, there are numerous complex legal practicalities one has to take into account before setting up as a Forex broker, including limited company registration. Without the expertise required to register a private company, you could be missing out on any number of potential benefits and rewards associated with forming a corporation or limited liability partnership (commonly abbreviated as LLP).
Coddan offers a range of affordable UK company formation and registration options, allowing aspiring Forex brokers to maximise their potential, with guidance on what sort of registration will help to best maximise profits on the global Forex market.
By choosing Coddan to facilitate your company or LLP formation, you'll get a certificate of incorporation, a memorandum and articles of association bespoke tailored to your business, and an optional corporate bank account with one of the UK's leading financial institutions. What's more, you'll receive expert advice on the best ways to use taxation benefits to make the best of your assets.