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dima777
 

Registered: Jun 2008
Posts: 306

 

06-24-12 05:17 PM

Hello!

I am interested in creating an online financial advisory service. I am normally based in Russia but think it would be better for the site if it showed the London address instead of the St-Petersburg, Russia. I wonder if you have experience registering a company in UK for the internet business? I have made a search and found the following offers:

companiesmadesimple. com/company-formation-name-search.html
smallfirmsservices. com /services/company-formation.aspx
companyformations247.co. uk/
blueskyformations.co. uk/company-formations


I wonder what you think of them?

Thanks

Dia

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dima777
 

Registered: Jun 2008
Posts: 306

 

06-24-12 05:22 PM

I knwo that it is necessary to register with FSA in Uk to perform financial advisory services - I wonder if anyone has experience registering with them?

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dima777
 

Registered: Jun 2008
Posts: 306

 

06-24-12 07:13 PM

anyone with the legal expertise can please comment?
highly appreciated!

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byteme
 

Registered: Dec 2008
Posts: 557

 

06-24-12 07:46 PM

There are hundreds of websites that can form your Ltd (limited liability) company online for you in minutes. They are all the same and differ mainly only on price and other services they offer e.g. registered address, mail forwarding etc.

An alternative is to contact an accountant who is experienced in your type of business and they can set up the company for you.

Getting FSA authorization is a different matter and may require you to have one or more authorized persons (AP) in order to qualify, minimum capital requirements etc. On the other hand, you may be exempt from FSA authorization, again depending on the type of activity you plan to undertake.

The best source of information is actually the FSA handbook on the FSA website. Depending on which area you need authorization for there will be different criteria.

You can browse a tailored version of the handbook for the area you are interested in:

http://fsahandbook.info/FSA/select-handbook/tailored

It is the definitive information you are looking for.

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dima777
 

Registered: Jun 2008
Posts: 306

 

06-24-12 08:00 PM


Quote from byteme:

There are hundreds of websites that can form your Ltd (limited liability) company online for you in minutes. They are all the same and differ mainly only on price and other services they offer e.g. registered address, mail forwarding etc.

An alternative is to contact an accountant who is experienced in your type of business and they can set up the company for you.

Getting FSA authorization is a different matter and may require you to have one or more authorized persons (AP) in order to qualify, minimum capital requirements etc. On the other hand, you may be exempt from FSA authorization, again depending on the type of activity you plan to undertake.

The best source of information is actually the FSA handbook on the FSA website. Depending on which area you need authorization for there will be different criteria.

You can browse a tailored version of the handbook for the area you are interested in:

http://fsahandbook.info/FSA/select-handbook/tailored

It is the definitive information you are looking for.




Thank you very much for your detailed reply. I plan to provide technical analysis service. Providing the analysis for major pairs and also providing periodical trade recommendations with precise entry and exit levels. I am not sure how to classify it according to FSA. I see there are mainly the companies which manage the client's funds and the like - did you see any tailored handbook for pure information-based services?

Thanks again for your helpful answer!

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dima777
 

Registered: Jun 2008
Posts: 306

 

06-24-12 08:03 PM

Maybe if I remove trade recommendations the service can be made exempt from the necessity to be registered with the FSA?

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