no reviews yet
Good Privacy Nominee Director Included Nominee Shareholder Included Secretary Included
UK Company, ideal for:
Good to Know:
UK companies can be used in tandem with an offshore company to enjoy a tax rate of less than 5%. This type of structure is commonly known as an "Agency Company", where an onshore company acts as nominee or agent for an offshore principal. This set-up offers an onshore “face” with all the offshore benefits.
|Company type||Private Limited Company.|
|Governing corporate legislation||UK companies are regulated under the Companies Act 2006. The UK Companies House is the governing authority.|
|Information published relating to company officers||Upon registration of the company, the names of company officers will appear on public record. Nominee officers can be used to avoid the client's name appearing.|
|Accounting requirement||Accounts and tax filing must be submitted by year-end.|
|Taxation||A tax rate of 21% applies for profits below £300k. For profits exceeding £300k a bracket applies |
|Time to form||The UK has a fast and efficient registry. Company formation can be processed electronically within a day.|
|Stability||Very stable jurisdiction with an excellent reputation.|
|Communication||Good communication means.|
|Time zone||Convenient time zone (GMT).|
|Paid up capital requirement||Minimum share capital: £1.|
|Basis of legal system||Under Common Law.|
|Minimum directors/shareholders||Minimum of 1 director and 1 shareholder.|
|Bearer shares||Bearer shares are not permitted.|
DOCUMENTS REQUIRED FOR THE CREATION OF THE COMPANY
A certified copy of your passport (or identity card), as well as proof of domicile dated less than three months.
Companies set up in the United Kingdom have the advantage of a low tax rate (21%) while still being European and being able to have a VAT number.
UK companies can also be used in tandem with an offshore company to reduce the tax rate to less than 5%. This type of structure is commonly known as an "Agency Company". UK company incorporation can usually be processed same day.