press release splash

Jordans

UK COMPANY REGISTRATIONS FOR EU BUSINESSES IS AN OPPORTUNITY FOR INTERNATIONAL ACCOUNTANCY NETWORKS

“Mid sized firms best placed to take advantage of this trend”, say Jordans

Britain‘s members of international accountancy networks could benefit from a new boom in interest among EU countries for incorporating businesses in the UK.

This is the verdict of Jordans, the UK‘s largest independent provider of business services and information to companies and their professional advisers.

According to Paul Townsend, Jordans‘ UK Corporate Director:  “Over the past year, we have seen the number of UK company formations grow significantly, boosted by EU businesses recognising the cost and regulatory benefits of incorporating their companies in the UK.

“Germany has been at the fore-front of this new trend, with many thousands of German businesses choosing to incorporate their respective companies in the UK, where the cost and other constraints of incorporation are a fraction of those in their home market”, said Mr Townsend.

Jordans has spear-headed this Germanic boom in UK company formations, in partnership with a German accountancy firm and  identical opportunities exist for similar joint-venture partnerships in Denmark, France, Austria, the Netherlands, Italy and Scandinavia.

“Many mid-sized UK accountancy firms are members of international networks, with partners in those countries where incorporation demands far higher costs and constraints than in the UK”, said Mr Townsend.

“We are now targeting those EU countries, where businesses will secure the huge cost savings and convenience already being enjoyed by Germans choosing to incorporate their companies in the UK.  This provides a revenue opportunity for UK members of international accountancy groups to engage with their EU partners”, he added.

“Since most of the overseas beneficiaries are small to medium sized companies, this is a very real revenue opportunity for mid-sized accountancy firms that are members of international networks”, said Mr Townsend.

 ENDS             17th December 2007

For further information please contact David Sturgess, Sturgess Van Damme, on 01275 349011 or email david@sturgessvandamme.co.uk

Note to editors

  • Jordans Limited has been providing professional business services for over 140 years. These services now include company formations and administration in the UK and internationally, business information and conveyancing support. 
  • Jordans have been offering company formations for all of its 140 years.  As well as forming all types of companies, they provide software – Incorporator - for clients who undertake volume formations and PCSec, a software package which helps company secretaries administer their companies.
  • Jordans have been providing international corporate services for many years. With offices in Bristol, London and five offshore locations (Jersey, Gibraltar, Cyprus, British Virgin Islands and Seychelles) Jordans Ltd is able to provide full UK and international support for their clients.  International services include setting up UK or offshore companies and trusts, company management and professional trusteeship.
  • Jordans‘ business information services include company searches, data sales (either large or small batches of data on companies and directors) and three branded products – JordanWatch, a database of information and reports on companies, NameGuard, a company name-watching service, and KYC (Know Your Client) Reports used for anti-money laundering information. 
  • Jordans Limited has been in the property search business for 30 years and has been offering online search ordering for several years.  Their service spans more than 70 different searches, ranging from all the standard searches, including local authority, drainage and environmental, to the many special requirements for individual properties and localities, such as searches for mining, transport and chancel repair.
  • Jordans has over 100 years of conveyancing experience and is one of only three National Land Information Search channels providing local authority searches electronically. The company offers a comprehensive HIPs package, delivering all elements of the pack efficiently and within the quickest possible time.
  • Jordans are committed to providing a first-class service and enjoy a reputation for quality, reliability and professionalism.