There is nothing better than soliciting the services of company formation agencies before setting up a business entity in the UK. Company Formations with bank account is always an integral part of the whole setup process. Therefore, ensure you contract the correct professionals as they are acquainted with what it really takes to run the business. Additionally, they are a great help when it comes to matters pertinent to the registration process.
It is conventional wisdom that before you can start running a business in the UK you need to have a valid bank account. However, this can pose a great challenge for those who are not UK residents. As a matter of fact, you will always need help in this subject matter. Therefore, ensure that the agency you use can help you get a bank account without necessarily spending big sums of money.
In order to be on the safer side, ensure that you use banking services of financial intuitions that are well established. You can opt for Lloyds Bank, or go for the services of Barclays international Bank. These two banks have, for a long time, helped non-residents acquire banking services that are worth every coin they spend. In fact, it is what really makes it easier to set up a company in the UK without worrying about extra costs.
Lloyds bank offers all banking facilities to companies that are owned by non residents. However, for you to access their services fully one of the directors must be a UK resident.
The better part of it is that you can apply online and within a few days you have everything ready and verified. The other investors living overseas, if any, also need to send through their certified ID as well as addresses. Always have in mind that the certification must be done by legal entities like governments or banking officials in countries where they reside. It is with a valid bank account for your company that you will have an easy time doing business in the UK.