It is acknowledged that setting up a business in the UK is not complicated at all like it was a decade ago. In fact, with the help of a reputable company formation agency, the process is much easier. This is reason why you need to consult professionals especially if you are a non-resident.
Company formation in the UK must be undertaken within the periphery of the law; and of course, reputable agencies are always willing to help you start your business without any huddles. Importantly, if you are a non-resident, then you will be well placed if you contract an agency to take you through the process.
It is vital to know how to open a business bank account without necessarily having residential address within the UK borders. Although this is not a legal requirement, it can be pretty difficult to transact without one.
Nevertheless, you can have everything apostilled. This means you can open one in your country of residence but still have an operational bank UK bank business account. There are several Banks that make this possible, the most popular being Lloyds Bank and Barclays Bank. Although these services differ in one way or another the principles under which they operate remain pretty the same. Therefore, you have the option of picking one that best meets your unique needs.
In the case of Barclays International Bank, they offer tailor-made business account services for persons who are non-residents. This account can only be based in the Isle of Man, Jersey, or in London. You can also have an option of having the business account at Knightsbridge. Just like any other account holder you will enjoy the benefits that come with using debit and credit cards.
Additionally, you will be entitled to telephone banking and use of cheque books. The company formation in the UK process has never been easier than this especially when you use agencies that are registered with the government.