UK Company Formation
Introduction
The United Kingdom is a sovereign state which is located at the northwest coast of mainland Europe. It is comprised by the island of Great Britain, the northeast of the Ireland and many smaller islands. The UK is one of the most successful economies in the EU and have attracted substantial foreign investments from Asia and the United States.
UK company formation is both simple and convenient. All UK companies are required to file an annual return within 28 days after the date to which the return is made up and file the first accounts within 21 months after formation with the Companies House. Subsequent accounts to be filed within 9 months from the year end date of the accounts. It takes only 1-2 working days for tailor-made formation. However, if you don’t want to bother to name the company and wait for the time of formation, you can consider purchasing our shelf companies in order to save your valuable time. Information of director and shareholder is accessible publicly after formation. If you don’t wish your personal information to be disclosed, we also provide nominee director and shareholder services for the demand of your anonymity.
Features and Advantages
- At least one director who must be natural person and 1 shareholder who can be natural person or corporate body. They can be of any nationality and no need to reside in UK
- Information of director and shareholder is accessible publicly. Your anonymity requirement can still be preserved by using our nominee services
- Private limited company must make an annual return which should be delivered to the Companies House for filing within 28 days after the date to which the return is made up
- Corporate tax rate is only 20%, it is one of the lowest in Europe
- UK signed DTAs with over 100 countries and the Company can benefit from its tax advantages
- Normally formation only takes 1-2 working day for UK company formation
- Stable jurisdiction and reputable financial centre
Formation Package and Fees
Formation Fee (including following services) – USD 1,300
- Provision of Registered Agent Services (1 year)
- Provision of Registered Office (Only receive mails from government authorities on your behalf)
- Formation Service Fee
- Certificate of Incorporation, M&A, Seal and Chop, First Director Resolution, Consent to Act as Director, Registers and Share Certificate
- Provision of Dedicated Professional Formation Representative
Maintenance Fee (Fee for subsequent year) – USD 1,050
- Provision of Registered Agent Services (1 year)
- Provision of Registered Office (Only receive mails from government authorities on your behalf)
- Government License Fee*
- Filing of Annual Return
* Fees vary based on the actual costs charged by the government
UK Private Limited Company Corporate Details | |
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General | |
Type of Entity | Limited by Shares |
Type of Law | English Common Law |
Governed by | UK Companies Act 1985 Amended in 1985 and 2006 |
Registered Office in UK | Yes |
Shelf company availability | Yes |
Our time to establish a new company | 1-2 Business Day on provision of all due diligence documents |
Minimum government fees (excluding taxation) | £15 |
Corporate Taxation | 20 – 28% |
Share capital or equivalent | |
Standard currency | GBP, £ |
Permitted currencies | Any |
Minimum paid up | £1 |
Suggested authorised capital | £ 1,000 |
No par value shares allowed | No |
Directors | |
Minimum number | One |
Local required | No |
Publicly accessible records | Yes |
Location of meetings | Anywhere |
Corporate directorship allowed | Yes (but require at least one individual acting as director) |
Shareholders | |
Minimum number | One (which can be the Director) |
Publicly accessible records | No |
Corporate shareholder allowed | Yes |
Location of meetings | Anywhere |
Company Secretary | |
Required | No |
Local or qualified | No |
Accounts | |
Requirements to prepare | Yes |
Audit requirements | Yes (small companies are exempted) |
Requirements to file accounts | Yes |
Publicly accessible accounts | Yes |
Recurring Government Costs | |
Minimum Annual Tax / License Fee | N/A |
Annual Return Filing Fee | £ 15, electronic submission £ 30, for hardcopy |
Other | |
Requirement to file annual return | Yes |