UK business account for non-residents

For current and most up-to-date details about the costs, please refer to our pricing page.

Yes, you can. GoSolo is available to founders and entrepreneurs from around the world. 

GoSolo provides the UK company formation for non-residents with a business account. 

We are currently accepting users from 90 countries around the world, including:

• Australia
• Austria
• Belgium
• Bulgaria
• Canada
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Gibraltar
• Greece
• Guernsey
• Hong Kong  
• Hungary
• Ireland
• Isle of Man
• Italy
• Jersey
• Latvia
• Liechtenstein
• Lithuania
• Luxembourg
• Malta
• Netherlands
• New Zealand
• Norway
• Poland
• Portugal
• Romania  
• Singapore
• Slovakia
• Slovenia
• Spain
• Sweden
• Switzerland  
• Ukraine
• United Kingdom
• United States

We are working hard to bring you international payments and currency exchange as soon as possible directly from the GoSolo app, but these features are not available yet.

In the meantime, you can use alternative services such as Payoneer or Paysend or Wise to send payments abroad.

Opening a business account is simple with GoSolo. All you need is the following documents:

• A valid government-issued photo-ID document (Passport, Driving License, BRP), and
• Proof of your address (council tax, utility bill, bank statement), must be issued in the last three months

GoSolo has its own policy and ultimately makes the final decision, so we cannot guarantee that your application will be successful. If you applied for a paid service and we could not open you an account, we will refund your fees in full, unless the application was fraudulent.

GoSolo offers business accounts only for UK-based and UK-registered companies. We can also register a new company in the UK for you.

In order to open a business account, banks are required to verify identity/ies of director(s) of a company. This is done in order to make sure that you are who you say you are. Similarly, GoSolo requires directors of a company to complete ID verification checks. As we are  100% digital, we ask you to complete ID verification online. We currently only accept passport, driving license and identity card as valid ID documents. If you do not have any of these documents, we suggest applying for a business account in one of the UK high-street banks who can accept other ID documents (such as Barclays, Lloyds Bank, HSBC etc.).

GoSolo only opens business accounts, not personal ones. Please bear this in mind, this is not a personal account. 

We recommend that you consult with your accountant on ways how you as an owner or director can get paid from a GoSolo business account. 

What follows may not, under any circumstances, be treated as official advice from us, we do not accept any liabilities.

As a general rule, there are several ways a company can pay its individual owner:

1. Pay a salary.
2. Pay a dividend
3. Lend a loan

Each option requires careful consideration from the tax and legal points of view, especially if the individual is not a UK resident. There is no general rule that can cover all possible scenarios.

No legal restrictions prohibit non-UK residents from opening a business account in the UK. But many banks may not accept applications without proof of address within the UK. Traditional financial institutions will also require a face-to-face meeting before providing the business account, in which you will sign a bank mandate to avoid fraud concerns.

An alternative option is to open a virtual business account but you will need to order company registration service from a special provider. So it could take some time and additional expenses.

With GoSolo you can register an LTD company in the UK, open a business account and get a debit card all in one place spending 15 mins on onboarding. And you don’t need proof of address within the UK.

You can connect your GoSolo account to PayPal and Amazon.

You can connect your account to any service or platform that uses a GBP account & sort code or a debit card.

With GoSolo you can open a business account online as well as register an LTD company. Actually, you get everything you need to start your business and even more. We have web, iOS and Android mobile apps to manage your business account.

To open a business account in GoSolo you need 10-15 minutes to pass onboarding and if all is OK you will get a business account the same or the next day.

In GoSolo we made the business account opening process as simple as filling a regular form on the web, or even simpler. 

If you live in the United Kingdom you need a valid government-issued photo-ID document (Passport, Driving License, BRP), and proof of your UK address (council tax, utility bill, bank statement).

If you do not receive a text message with a one-time code to your phone, please check:

• Have you entered your phone number correctly?
• Is your phone online and able to receive SMS messages?
• Have you tried to re-send a one-time code by clicking “Re-send code” on the App?
• Have you allowed at least 60 seconds to pass?

If you’ve checked all of these already and still cannot receive a one-time code, do not hesitate to contact GoSolo customer support via WhatsApp or email.