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Establishing UK Corporate Structure, Bank Account Processes
When launching a business in the United Kingdom, it is essential to establish a robust corporate structure. This involves selecting the suitable legal structure for your operation, such as a limited company or sole trader, and incorporating it with Companies House. Simultaneously , you'll need to open a dedicated bank account in the designation of your newly created corporation. This process commonly involves providing documentation like your company's registration confirmation and charter of association, along with proof of identification for the shareholders.
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