I am in practice in the UK and we have recently had an enquiry from a new client through our website. The person is located in Bulgaria but they are running a UK registered company and are looking for soemone to provide book-keeping and HMRC submission services. The prospective client tells me they are engaged in the provision of of IT services and products, hosting services, website design and development and other similar projects and turning over £1m per year. They have been registered as a UK Ltd company for 2 years now and are also VAT registered.
Whilst we are looking for new business I am a bit dubious about this. Can someone please advise if I could take this work on? Can we do anti-money laundering checks to negate the risks?