To have a online business

[GoldenMerc]

Do you need to register with the FSA?
Ross

[alexxxxx]

i guess if youre selling financial services yeah

[Tintinnabulate]

Do you need to register with the FSA?
Ross

No, but if you sell above a certain amount, you have to be VAT registered.

[GoldenMerc]

So whats FSA for?

[Tintinnabulate]

So whats FSA for?

The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. We are a company limited by guarantee and financed by the financial services industry. The Treasury appoints the FSA Board, which currently consists of a Chairman, a Chief Executive Officer, two Managing Directors, and eleven non-executive directors (including a lead non-executive member, the Deputy Chairman). The Board sets our overall policy, but day-to-day decisions and management of the staff are the responsibility of the Executive Committee

What you need is: http://www.companieshouse.gov.uk/

[GoldenMerc]

Surely il only need need that if i need to be limited?

[abdellah123]

Isn't everything you do online taxed by the VAT?
Cause that how it seems :P
Well atleast in the European Union xD

[Judge Judy]

If you're wanting to become an Ltd. you need a memorandum of association and articles of association. Then two forms known as Form 10 and Form 12.
The forms to do this are available from Companies House (Saurav has provided link).

[Robbie]

thought ur dad worked for hmrc ask him

[Catzsy]

Surely il only need need that if i need to be limited?

Yes only if you want to be a limited company which then protects you against personal debt. You can be a sole trader without going through all that.

[GoldenMerc]

mum and dad do but its not a goverment party so i dont think they are involved in that section
thought ur dad worked for hmrc ask him