News & Blog

16th January 2019

The benefits of setting up a holding company are fairly impressive, from tax benefits and financial gain of successful subsidiaries to an overall higher level of management control, so it’s unsurprising that the prospect of owning a holding company in the UK is an attractive one.

3rd January 2019

The UK’s business scene has certainly seen a lot of ups and downs of late and with the upheaval of the dreaded B-word (Brexit) many might be feeling a little apprehensive about setting up a holding company in the UK. But if you’ve been thinking about how to set up a holding company for a while, the UK is actually a very attractive location particularly in terms of the tax benefits that could be seen.

21st December 2018

If you’re a business minded individual with a burning desire to make the world a better place then you might have been thinking about how to start a care agency. Setting up a social enterprise, whether that be a domiciliary care agency or home care agency can be one of the most rewarding career moves of your working life.

6th December 2018

Thinking about setting up a social enterprise? If you’re a business-minded individual with an interest in making a real difference to the community, then you might just have thought about how to start a care agency. The emotive draw of working in the social care sector can bring rewards like no other, and has meant that domiciliary care agency start ups are more often than not welcomed to the market with open arms.

15th November 2018

Whether you’re aware of them or not, when it comes to getting the correct SIC (Standard Industry Classification) code, there’s often more than just a few things to consider. But searching through a SIC code list doesn’t have to be a headache, here at PNG Formations we guide all of our clients through the sometimes lengthy process, ironing out any questions they might have along the way.

1st November 2018

You’ve had a gem of a business idea, worked away through the night to come up with a foolproof business plan and that’s it, you’re ready to go. Not quite. Whilst marketing, funding, and long term strategic plans are often up there at the top of a new business owner’s list of priorities, SIC codes are all to easily left by the wayside.