Why Every Limited Company Needs a Dedicated Business Bank Account
If you’ve registered a limited company, a dedicated business bank account isn’t just useful it’s required.
Legal and Tax Compliance
Companies House and HMRC expect your business finances to be separate from your personal funds. A dedicated account keeps your records clean and compliant.
Build Credibility
Using a business account gives your company professionalism suppliers, investors, and clients trust payments made under your business name.
Simplify Accounting and VAT Filing
A separate account streamlines bookkeeping and VAT tracking, making it easier for your accountant to manage your financial statements.
Final Thoughts
A business account is more than convenience its credibility and compliance in one. Through Startitup Global, you can open UK and international business accounts quickly, even as a non-resident founder.