Setting up a Company in the UK for Non-UK Residents

Worldwide Incorporation Services specializes in UK Company Formation for Non-UK Residents and opening bank accounts.

UK Company Formation

 

General Information

Principal Corporate Legislation

Companies Act 2006, Limited Liability Partnership Act 2000, The Income and Corporation Taxes Act 1988 as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Currency

GBP.

Exchange Control

None.

Publicly Accessible Records

Yes.

Personal Presence Required

No.

Types of Company for International Trade, Investment & Tax Planning

  • Private Limited Company
  • Limited Liability Partnership
Private Limited CompanyLimited Liability Partnership

UK Private Limited Company

Share Capital

There is no concept of authorised share capital in the Companies Act 2006.
Standard authorised share capital is GBP 100. Minimum paid up share capital is GBP1.

Classes of Share Available

Registered shares, preference shares, deferred shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Not permitted.

Restrictions on Trading

Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Yes, must be maintained in the UK.

Directors

The minimum number of directors is one. Director can be of any nationality and need not be resident in the UK. Corporate directors are permitted but a company must have at least one director who is an individual.

Shareholders

The minimum number of shareholders is one.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Taxation

20-26%.

Double Taxation Treaty Access

Yes.

Requirements to File Accounts

Yes.

Requirement to File Annual Return

Yes.

Audit Requirements

Yes, but small company exceptions.

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words “Limited” or “Ltd” must be part of the name of every company.

Time to Incorporate

Two days. A guaranteed sameday incorporation is also available.

Cost of UK Company Formation

UK Limited Liability Partnership

Capital

The minimum capital contribution is GBP 2.

Restrictions on Trading

Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Yes, must be maintained in the UK.

Directors

Not Applicable.

Designated Members

The minimum number of designated members is two (designated members are analogous to the executive directors of a company).

Nominee Designated Members

Allowed.

Location of Meetings of Designated Members

Anywhere.

Taxation

Fiscally Transparent.

Double Taxation Treaty Access

No.

Requirements to File Accounts

Yes.

Requirement to File Annual Return

Yes.

Audit Requirements

Yes, but small company exceptions.

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Partnership

The words “Limited Liability Partnership” or “LLP” must be part of the name of every company.

Time to Incorporate

Two days.

Cost of UK LLP Formation


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UK Company Formation – Office Addresses

 

London
London
1 Fetter Lane, London, EC4A 1BR
United Kingdom
T.: +44 203 44 05 671
Skype Call: wis.uk

Working Hours:
09:00 to 18:00 weekdays (GMT 0)
Hong Kong
Hong Kong
22nd floor, Tower Two, Lippo Centre, 89 Queensway, Admiralty, Hong Kong
T.: +852 2530 8893
Skype Call: wis.hk

Working Hours:
09:00 to 18:00 weekdays (GMT +8)
Dubai
Dubai
8th Floor, Platinum Tower, Jumeirah Lakes Towers, Dubai, United Arab Emirates
T.: +971 4 450 4707
Skype Call: wis.uae

Working Hours:
09:00 to 18:00 Sun-Thu (GMT +4)
Cyprus
Cyprus
4 Profiti Ilia, Kanika Business Centre, Office 101B, 4046 Limassol, Cyprus
T.: +357 25 812 242
Skype Call: wis.cyprus

Working Hours:
08:30 to 17:30 weekdays (GMT +2)
Seychelles
Seychelles
Trinity House, Victoria, Mahe
Seychelles
T.: +248 432 5881

Working Hours:
08:00 to 17:00 weekdays (GMT +4)

 

Services in the UK

Worldwide Incorporation Services provides the following services in the UK:

  • UK Company Formation
  • Registered Office Services
  • Company Secretarial Services
  • Nominee Shareholder/Nominee Director
  • Opening of Bank Accounts
  • Full Company Administration Services
  • Mailing Address
  • Virtual Office
  • Book Keeping & Audit
  • VAT Registration
  • EORI Registration
  • Trademark Registration

Worldwide Incorporation Services | UK Company Formation

 

➣ How to proceed

To purchase a shelf UK company or to incorporate a new UK company please contact one of our offices.

☏ Have a Question?

Call any of our offices for your free initial consultation regarding formation of UK Company.

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☞ Why Our Company is the Best Choice for UK Company Registration and Administration?

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