UK Company Formation...

Everything you need to know about setting up in the UK.

UK Company Formation Wizard

Use our helpful tool to see what's required to set up your company in the UK.

Setting Up in The UK

A practical guide to what’s involved, and what you can expect to happen during this process.

FAQs

Get answers to commonly asked questions about company formation, accounting and taxes.

Our Services...

From accounting to personalised telephone answering – everything your company needs to thrive in the UK.

UK Company Formation

Company formation, memorandum and articles registration and appointing Directors and Shareholders.

Legal Compliance

Covering various business operations such as company secretary, registered office, handling post and more.

Outsourced Finance Office

Complete administrative support for your UK company designed especially for foreign businesses.

Bank Account Opening

Operate from day one with an EBS Client Account that can be opened immediately.

Virtual Office Service

UK business address, personalised phone answering service, mail handling, access to the meeting room.

NEW

Hot Desking Service

Co-working space and hot desking services offering a flexible and collaborative working environment.

Advisory Services

Advice on formation, directorship and other relevant rules and regulations related to setting up in the UK.

Brokerage Services

A single entry point to services frequently required in the early stages of company development.

About EBS...

Find out more about EBS, how we operate and what we stand for – or simply get in touch with us.

Who we are and how we work

We work exclusively with foreign-owned businesses in the UK and understand the problems they face.

Our Team

Behind every successful business is a great team - meet the team that makes up EBS.

Contact Details

Our address and contact details. If you need to get in touch with us, you can email us here.

Who we work with...

Explore our case studies and see how we work with foreign companies, helping them set up in the UK.

What's happening in the Industry

We’ve created and curated some helpful news articles relating to EBS and the industry in general.

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Helpful Guides and Documents

We’ve created some helpful guides and documents covering topics such as Britain’s History and Geography, The Legal System, Formalities and more. 

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Get in touch with us...

We’d love to hear from you! – if you have any questions, please get in touch with us on phone, email or social media, and our friendly team will be pleased to help.

Head Office

EBS Ltd, Innovation Centre, Gallows Hill, Warwick, CV34 6UW

London Office

EBS Ltd, 118 Pall Mall, London, SW1Y 5EA

Manchester Office

EBS Ltd, Elliot House, 151 Deansgate, Manchester, M3 3WD

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Imports to the UK and VAT procedures following Brexit

Where goods are imported into the UK and a UK Limited company (Ltd) acts as the Importer of Record, Ltd will be able to account for import VAT on its VAT return as opposed to paying cash at the border (and subsequently recovering this). This is a measure specifically implemented by HMRC to ease the burden of Brexit on businesses.

Please note slightly different rules apply to imports into Northern Ireland.

Let us look at an example:

Before Brexit, that is up to 31st December 2020,  if Ltd received goods from an EU supplier, this was one continuous process within the EU. The VAT Reverse Charge procedure was applied by the UK business in the UK VAT return, and the supplier applied a VAT rate of 0%. With effect from 1st January, this is now divided into two separate transactions,  an export from the EU country and an import into the UK.

There are two options for handling this transaction in the “post Brexit” world. Either:

(a) Ltd acts as the importer of record into the UK, and uses its UK EORI number to process the importation. Ltd then makes an onward sale to its UK customer, charging UK VAT; or,

(b) Ltd takes title to the goods “on the high seas”, or in effect whilst in transit, and the UK customer acts as the importer of record (using their own EORI number).

Which option applies will be dependent on the contractual arrangement between Ltd and its supplier, but the most likely arrangement will be (a).

To note, under option (a), the UK, post-Brexit, will allow importers to defer the accounting for import VAT to the VAT return. This means that import VAT will not be paid at the time goods are customs cleared but rather that the importer will account for VAT through its VAT return (similar to the reverse charge calculation). In order to apply the deferral, Ltd must include its UK EORI number (starting with “GB”) in the import declaration and, most importantly, mark “G” as the method of payment.

If you would like to discuss in more detail, please contact us directly.

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Warwick Office

EBS Ltd, Innovation Centre, Gallows Hill, Warwick, CV34 6UW

London Office

EBS Ltd, 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ

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