Cross-Border Accounting Services for the United Kingdom

Cross-border accounting is crucial for UK companies operating in the global marketplace. This service is specifically designed for businesses facing the complexities of international trade post-Brexit. This includes UK e-commerce brands selling to EU customers, companies with European or US subsidiaries, international holding companies based in the UK, and any business that regularly invoices or pays suppliers in currencies other than GBP.

This service becomes essential as soon as your business engages in financial transactions outside the UK. It is mission-critical when you start selling goods to the EU (triggering complex new VAT and customs rules), establish an overseas subsidiary, or have significant inter-company transactions (e.g., a UK parent company charging a management fee to a US subsidiary). Proactive management is key to avoiding costly tax and compliance mistakes in a multi-jurisdictional environment.

The strategic value of expert cross-border accounting is immense, and pricing reflects the high level of expertise required. Services are quoted based on the complexity of your international operations:

• **Core International Package (e.g., EU VAT advisory, multi-currency reporting):** Starting at £1,200 – £3,000 per month.
• **Advanced Structures (e.g., transfer pricing, holding company management):** £3,000 – £7,000+ per month.

This investment is designed to optimize your global tax efficiency and prevent compliance failures that can far exceed the service cost.

Managing a UK company's international finances without specialist knowledge is extremely risky, especially after Brexit. Key risks include:

• **Post-Brexit VAT Errors:** Incorrectly handling import/export VAT between the UK and EU is a major risk, potentially leading to goods being held at customs and significant fines from HMRC or EU tax authorities.
• **Transfer Pricing Penalties:** HMRC can impose large penalties if they determine that transactions between your related international companies are not priced at "arm's length."
• **Double Taxation:** Failure to correctly apply the UK's extensive network of over 100 tax treaties can result in the same income being taxed twice, severely impacting profitability.
• **Controlled Foreign Corporation (CFC) Rules:** The UK has strict rules to prevent the artificial diversion of profits to low-tax jurisdictions. A poorly structured international group can fall foul of these rules, leading to significant tax liabilities.

The UK's position outside the EU has created a new layer of complexity for international trade. Outsourcing your cross-border accounting to YourLegal provides you with a team that specializes in navigating this new environment. We have the expertise to manage your international VAT obligations, ensure your transfer pricing is defensible, and help you structure your operations to benefit from the UK's tax treaties.

This level of strategic guidance is a core part of our Virtual CFO service, turning your UK company into a powerful and compliant hub for your global ambitions.