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By carmen-ingles
- In Uncategorized
Starting a business abroad can seem like a challenge. If you are considering setting up your business in the UK, you are probably wondering whether you need a lawyer to guide you through the process. Whil registering a company may seem easy in the beginning, there are many legal, tax and structural factors that are worth understanding in depth. Here, we explain when legal advice is advisable and what benefits it offers.
Why might you need a lawyer in the UK?
One of the most attractive aspects of the UK for entrepreneurs is the simplicity of registering a company. However, this does not mean that you have to go it completely alone. You need a lawyer if you want to avoid mistakes that could land you in trouble in the long run.
For example, a lawyer can help you choose the most appropriate legal structure: sole trader, partnership or limited company. This decision affects your personal liability, your tax returns and your relationship with potential partners or investors. In addition, if you are not fluent in the language or are unfamiliar with UK law, the risk of misunderstanding certain clauses or procedures is high.
When do you need a lawyer?
It is not mandatory to hire a lawyer to register your company. However, there are situations in which having one is more than advisable. Here are some common scenarios:
- If you are setting up a company with partners.
- If you want to sign a clear corporate agreement.
- If you are hiring employees from the outset.
- If you need to draw up employment contracts under UK law.
- If your business will operate in a regulated sector (e.g. health, food or finance).
- If you are buying or renting commercial premises
- If you need to negotiate a contract.
- In all these cases, you need a lawyer to review the documents, explain the legal implications and make sure everything is in order.
Advantages of hiring legal advice from the beginning
Having a lawyer from the beginning not only gives you peace of mind, but can save you a lot of money in the long run. Some of the main advantages are:
- You avoid mistakes in the drafting of contracts or articles of association.
- You speed up processes by having professional advice at every step.
- You comply with local regulations from day one.
- You protect your brand and intellectual property with proper registrations.
In addition, many lawyers offer specific packages for entrepreneurs that include advice on tax, contracts and legal compliance all in one.
Can you set up your company without a lawyer?
Yes, you can. Registering a limited company can be done online through the Companies House website for just £12. However, this is only the first step. Once you have registered your company, there are other obligations you will need to fulfil: registering for VAT, opening a company bank account, preparing contracts, keeping accounts, and so on.
If you choose to do this on your own, make sure you are well informed. Seek advice on at least the most sensitive aspects. Even so, if you have specific legal doubts or your case is complex, it is best to obtain professional advice.
What type of lawyer do you need?
Depending on your situation, you may need a lawyer specialising in commercial, employment or even tax law. Some law firms in the UK offer comprehensive services for foreign business people. This is ideal if you are unfamiliar with the UK legal system.
In addition, many lawyers can work remotely, so you don’t need to be physically in the country to receive quality legal assistance.
Conclusion
Setting up a company in the UK is an accessible process and full of opportunities. But it can also become complex if all the legal aspects are not taken into account. That’s why, although it’s not compulsory, in many cases you need a lawyer to help you establish a solid foundation from day one. That way, you can concentrate on growing your business. You would be confident that you are complying with the law and protecting your interests.