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Setting Up UK Corporate Structure, Bank Account Set Up
When launching a business in the United Kingdom, it is vital to establish a robust corporate structure. This comprises selecting the optimal legal structure for your project, such as a limited company or sole trader, and incorporating it with Companies House. Simultaneously , you'll need to create a dedicated bank account in the name of your newly formed corporation. This system generally involves providing documentation like your company's registration here confirmation and articles of association, along with proof of identity for the directors.
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