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Want to set up a limited company?

The benefits for contractors of umbrella or CIS schemes are numerous, however, once a contractor reaches a certain pay grade this often leads to the natural step of starting a limited company.

For contractors wanting to take the leap to becoming the Director of their own limited company, Sterling provide financial guidance and accountancy support from initial formation through to the ongoing requirements of a business.

Of course, as part of the Sterling brand, the team at Sterling Professional have a high level of expertise in the contracting industry and therefore are qualified to deal with the accountancy requirements of a contractors’ business.

Accountancy support services

The following services are included in our
monthly fee of £125 + VAT

  • Telephone and email support
  • Completion of annual statutory accounts
  • Completion of company tax return
  • Completion of simple self-assessment (Director and 1 Shareholder)
  • Access to our FreeAgent cloud based accounting software
  • Dealing with HMRC correspondence on your behalf
  • Completion of annual return (inc. filing fee)
  • Completion and submission of quarterly VAT returns
  • Completion and submission of annual confirmation statement
  • Monthly payroll
  • IR35 review per contract
  • Issue of additional shares
  • Completion of annual PAYE returns
  • Dividend documentation

One-off incorporation services

For as little as £50 +VAT, we can offer the following services when incorporating your business

  • Company incorporation
  • PAYE registration
  • Corporation tax registration

Additional services

  • Assistance via Sterling's insurance partner who specialise in insurance cover for contractors working through limited companies
  • Assistance with set up of a business bank account
  • Business banking through our private banking partner Barclays