UK company formation and bank accounts

 

Creating a company in the UK is usually quite straightforward. Opening a bank account as a foreign founder can be much harder. It's a problem we often hear about from entrepreneurs bringing their startup to Britain, and it is something we are trying to help them with by finding practical solutions to this challenge.

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Introducing Go Solo

GoSolo is a secure business account built by entrepreneurs for entrepreneurs. Frustrated with navigating the banking and business admin systems of old, they wanted to do things differently. GoSolo is more than a business account. It’s an innovative digital business toolset and secure business account app for freelancers, founders and consultants.

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We know what it’s like to run your own business because we’ve been there. And we are still there. Our background in finance, technology and entrepreneurship helps us understand the challenges, requirements and opportunities small business owners face every day.

 

With GoSolo you can create a limited company, secure business account and manage company finances all in one app:

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• Register a UK limited company quickly and easily

• Get a virtual business address for non-UK residents

• GBP business account with Mastercard debit card that can be used globally

• Accounting support

• Access to UK grants, funding streams and IP protections wherever you are in the world.

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To learn more about what GoSolo offers visit www.gosolo.net/features

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Please note GTC does not have a commercial partnership with Go Solo. We highlight their service because it addresses a common pain-point for startups from our partner countries. We are open to hearing from other companies offering similar services to remove frictions for foreign founders coming to the UK and can add these to the resource section.