United Kingdom Company Formation
Setting up a private limited company in the UK is a quick and straightforward process. Our team of experienced corporate lawyers and management staff we assist on setting up your UK company in just few hours.
Using a UK Company may have multiple advantages, in addition to its' great reputation. Corporate taxation can be from 20% up to 23%. The most popular entity is the Private Limited Liability Company, though Limited Liability Partnerships are also frequently being used. Company registration can take place within hours, and we take care all statutory registers including printed and digital documentation of all corporate documents, and on-going support including full board meeting documentations. Preparation of Financial Statements and submission of annual returns is required; UK has also introduced the Beneficial Owners' Public Registry.
Facts & Info about: United Kingdom Company Formation
- Minimum Share Capital: One
- Minimum Number of Shareholders: One
- Minimum Number of Directors: One
- Bearer Shares Allowed: No
- Corporate Directors Permitted: Yes
- Company Secretary Required: Yes
- Shelf Companies Available: Yes
- Minimum Number of Members (Partners): Two; for LPs at least one ‘general partner’ and one ‘limited partner’
- Directors Required: No
- Secretary Required: No
- Registered Office Required: Yes
- LLP/LP Agreement Required: Yes
- Registration of LLP with Companies House: Yes
- Registered Office / Agent: Yes
- Local Directors: No
- Local Secretary: No
- Local Meetings: No
- Government Register of Directors: Yes
- Government Register of Shareholders: Yes
- Government Register of Beneficial Owners: Yes
- Annual Returns: Yes
- Submit Audited Accounts: Yes
- LTD: Net Profits of £300,000 or less: 20% / Net Profits over £300,000 23%
- LLP/LP: Each member pays tax on their share of the profits. LLP/LPs are tax transparent in the UK; however, in situations where the members are non-UK residents and the LLP/LP does not derive income from the UK, other jurisdictions may not treat the LLP/LP as tax transparent and may challenge them as corporations and tax them accordingly, as at the country of residence of the members.
Companies Act 2006, as amended.