FAQs Regarding Our Card Issuing Services

Company Formation

1. How long does it take to register a company with Foundo?

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   It varies. Typically, Companies House can incorporate your company within one business day, with the majority being processed within 48 hours. However, keep in mind that Companies House operates only on weekdays. Therefore, if you apply on a Friday, the process may take longer.

2. What information is required to register a company?

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   To register your company, we need your unique business name, relevant business information, and personal details for completion.

3. Can I register a company if I'm not a resident of the US or UK?

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   Yes, you can still register a company in the US or UK even if you're not a resident.

4. What are my responsibilities after setting up a limited company?

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   Throughout the year, you'll encounter various responsibilities, including filing your tax return and annual return, alongside ongoing responsibilities such as maintaining company records and managing a register of People with Significant Control (PSCs). You can access comprehensive information on these obligations via the gov.uk website.

5. What is the difference between LTD and Limited?

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   Both 'Limited' and 'Ltd' indicate a limited liability company, where liability of members/shareholders is limited. 'Ltd' is an abbreviation commonly used for brevity.