Your first year in business brings a stream of small admin jobs. The useful habit is to record what is due, who sets the requirement and where you will check for changes. This checklist is a planning tool; it is not a complete list of legal obligations for every business.
When you register
Save the CBRD application confirmation and registration documents in one folder. Note the business name, registration number, activity and contact details exactly as they appear on the official record. Use the CBRD site for current business registration and company filing information.
Set up a monthly record routine
- Keep copies of sales invoices, receipts, supplier bills and bank statements.
- Record money received and still owed, and note which customer or job it relates to.
- File payroll information separately if you employ staff.
- Review expenses and outstanding customer payments once a month.
Check tax and filing duties from the source
Use the MRA e-services and tax guidance to check which registrations, returns and payment dates apply to the business. VAT registration depends on taxable supplies and may include specified activity rules; read our VAT guide and confirm your position with MRA or a qualified professional. Companies should also use the CBRD regulatory requirements to check the filings that apply to their structure.
Put a reminder in your calendar to check those agency pages before an obligation is due. Do not copy a deadline from an old blog post without confirming that it still applies.
Fam Antreprenan can help set up a bookkeeping and admin routine that suits the way you work. Message us if you would like to talk through the records your business currently keeps.