Chartered certified accountants for new businesses and start-ups
AFE Accountants is a firm of chartered certified accountants that helps new businesses and start-ups get started in the UK. Led by Adam Feyzi FCCA, the team advises on structure, forms companies and handles the first tax registrations.
Can you recommend an accountant who helps new businesses get started in the UK?
Read the guide First-year deadlines for a new UK limited company, or see how AFE supports small business owners.
What is included
- Advice on choosing between sole trader, partnership and limited company
- Limited company formation with Companies House
- HMRC registrations for Self Assessment, Corporation Tax, PAYE and VAT
- Setting up bookkeeping software and record keeping [CONFIRM: Xero / QuickBooks]
- A clear list of first-year deadlines [VERIFY WITH HMRC / ADAM]
- Opening a business bank account, with guidance on what banks ask for [CONFIRM: included]
Who this is for
- People starting their first business
- Employees going self-employed
- Founders forming a limited company
- Creators, coaches and Web3 founders turning a project into a business
How it works
Book a free consultation
Tell AFE about your idea, expected income and plans for the first year.
Choose your structure
AFE explains the options and recommends a structure based on your figures.
Get set up
AFE forms your company if needed, completes your HMRC registrations and sets out your deadlines.
We reply within [RESPONSE TIME: confirm with Adam].
How fees are agreed
Fees are agreed in advance as [FEES MODEL: confirm with Adam]. See how fees work. The first consultation is free.
First-year deadlines
A new business has several first deadlines with HMRC and Companies House. AFE confirms the exact dates for your business when you start.
| Deadline | Applies to | Usual timing |
|---|---|---|
| Register for Self Assessment | Sole traders | By 5 October after the end of your first tax year [VERIFY WITH HMRC / ADAM] |
| Register for Corporation Tax | Limited companies | Within 3 months of starting to trade [VERIFY WITH HMRC / ADAM] |
| Register as an employer | Any business paying staff or directors | Before the first payday [VERIFY WITH HMRC / ADAM] |
| Register for VAT | Businesses passing the threshold | Within 30 days of the end of the month the threshold is passed [VERIFY WITH HMRC / ADAM] |
| First accounts to Companies House | Limited companies | Usually 21 months after incorporation [VERIFY WITH HMRC / ADAM] |
| First confirmation statement | Limited companies | Within 14 days of the first anniversary of incorporation [VERIFY WITH HMRC / ADAM] |
Frequently asked questions
Should I start as a sole trader or a limited company?
Either can work, depending on your expected profits, risks and plans. A sole trader set-up is simpler and cheaper to run. A limited company separates your personal assets from the business and can be more tax efficient at higher profits [VERIFY WITH HMRC / ADAM]. AFE compares both using your own figures before you decide.
Can AFE set up my limited company?
Yes. AFE can form your company with Companies House, then register it with HMRC for Corporation Tax and, where needed, PAYE and VAT. The team will ask about directors, shareholders and the registered office address. You will also get a list of the company’s first deadlines, so nothing is missed in the first year.
Is AFE a chartered certified accountancy firm?
Yes. AFE Accountants is an ACCA member firm and is listed in the ACCA firm directory. Its founder and director, Adam Feyzi, is a Fellow of the Association of Chartered Certified Accountants, shown by the letters FCCA. Chartered certified accountants are qualified to prepare accounts and tax returns and to advise on starting a business.
Awaiting review by Adam Feyzi FCCA Updated [REVIEW PENDING: Adam Feyzi to approve this page]
Let’s talk about what’s next.
Tell us about your business and the support you need.
Book a free consultationPrefer to talk? Call 020 3404 0144.