Recent content by James Roberts

  1. J

    USA Sales Tax for a UK-based business

    Hello everyone- I'm a board game publisher and would like to have my games sent to a fulfilment centre in the USA and then have my games sent to customers from within the USA. Are UK-based companies required to pay Sales Tax when they sell their products to USA-based customers? Thanks in advance!
  2. J

    Exporting to USA and Canada

    Hello everyone- I'm a UK-based Ltd company and manufacture my board games in the EU. I would like to export them to USA and Canada. They would be sent in bulk to a hub and then orders would be fulfilled from there. My question is: will I need to pay GST (Canada) and Sales Tax (certain states...
  3. J

    Reclaiming Import VAT

    Hi everyone, I'm a board game publisher, a UK VAT registered Ltd company. My games will be manufactured in Poland, EU and then sent to fulfilment hubs, one in the UK and the other one in the USA. I can imagine I will pay Import VAT and customs fees when my games cross the border in the USA...
  4. J

    Director's loan for a Limited Company

    Not at all- as long as there isn't a requirement for the paperwork mentioned.
  5. J

    Director's loan for a Limited Company

    Thank you for your answer- don't I have to prepare any other paperwork like the terms of the loan etc?
  6. J

    Director's loan for a Limited Company

    Hi all I'd like to pay in some funds into my company's business account. Does anyone know how to do it as a director's loan? Thank you James
  7. J

    Shares and starting capital

    Perfect- you've answered all my questions. Thank you!
  8. J

    Shares and starting capital

    I'm about to register an LTD company and am thinking about the value if shares to be issued as my accountant has told me that I will have to pay it. Now, the question is, if for example, I issue 1 share with a value of £10.000 during incorporation will it be my company's starting capital- will...
  9. J

    First LTD company

    Ok- all clear then. I wanted to know if I'll be able to do that when I open the bank account as I was already familiar with director's loans. Thanks.
  10. J

    First LTD company

    Opinion87- right, so this can only be done via director's loans and not when I open the business bank account for my Ltd business?
  11. J

    First LTD company

    Thank you very much Mr D- I think I understand it now. So when I open my business account, my bank will ask me how much do I want to put in and it is then when I will be able to decide how much to put in for the start and then adjust it with directors loan later on. Is that right?
  12. J

    First LTD company

    Thanks for your answer Mr D- figuring out how much the company is going to spend is the easier part. What I wasn't sure about was the second part of the question- so I can put my own private money into the company business account when the company is created? Is this during the company setup...
  13. J

    First LTD company

    Hi I'd like to set up my first ltd company but don't fully understand how and at which stage of company setup I can decide how much funds there will be for the start? This is important because paying my own private money into a limited company at a later stage will become more complicated so I...