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Offshore Company Formation in the United Kingdom

United Kingdom is a developed country in west Europe. Its economy is dominated by financial service industries, while London is known as one of the most important banking, insurance and other financial service centers in the world. The international business company law, enacted in 1984, stipulates the detailed rules for the registration and management of international business companies. All registered companies enjoy the preferential treatment of exemption from income tax, including asset value-added tax and any form of taxable income. In addition, there is no exchange control.

  • UK Company Registration

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United Kingdom is a developed country in west Europe. Its economy is dominated by financial service industries, while London is known as one of the most important banking, insurance and other financial service centers in the world. The international business company law, enacted in 1984, stipulates the detailed rules for the registration and management of international business companies. All registered companies enjoy the preferential treatment of exemption from income tax, including asset value-added tax and any form of taxable income. In addition, there is no exchange control.

 

Benefits of Registering a UK Company

1.         Personal visit is not need to complete the incorporation process.

2.         The company registration fee is not high, and the annual maintenance cost is low.

3.         The local legal system is sound and very stable.

4.         If you do not operate your business locally in the UK, you can legally reduce taxes.

5.         Tax planning is convenient.

6.         The registered capital does not need to be in place.

7.         It is conducive to the establishment of an international brand with high credibility and reliability.

8.         One shareholder can register a British company without nationality restrictions.

9.         You can open a bank account with any bank in the world.


Benefits of Registering a UK Company


Time to Incorporate a UK Company 

Under normal circumstances, UK private limited company's can be incorporated/registered within 3 working days after all required documents are provided.

 

HeeJoe Group can provide a premium service with extra charge if you require a UK company to be incorporated on the same day.

 

UK Company Registration Service Fee

The total cost in the first year of UK company establishment includes government fee, registered address fee, secretarial fee and other information fees.

 

Following the first year, you will only need to pay for company renewal, which is not as much as the first year.


Documents Required for UK Company Formation

1. Registration application form (provided by HeeJoe Group and signed by the client);

2. English name of the company;

3. Copies of ID cards or passports of directors and shareholders;

4. A photo of each member holding his/her own passport.


Process of Registering a UK Company

1. The name of the registered company provided by the client;

2. Search the company name (24-hour search results);

3. Sign the registration entrustment agreement with us;

4. Complete the payment;

5. Get the company registration documents

6. Assist to open an offshore bank account


UK Company Incorporation FAQs

Q1: Do I need to be UK citizen to register the company?

A1: No, you do not need to be a UK resident to incorporate.

 

Q2: What if I do not have a legal address in the UK?

A2: All companies are incorporated in the UK are legally required to have a registered office in country. We can provide a registered office service.

    

Q3: What are the different types of UK companies to incorporate?

A3: There are 8 types of companies which can be incorporated in the UK. If you require any of the types of companies listed below please contact us and we will be happy to assist you:

1)         Public Limited Company (PLC)

2)         Liability Company (LTD)

3)         Limited Liability Partnership (LLP)

 

Q4: Does a UK company need to trade in the country?

A4: No, a UK company can be registered even though it does not do business in the UK.

 

Q5: Is it necessary to pay tax after registering a UK company?

A5: Yes, UK companies are taxed on their profits. For more information you can visit the Inland Revenue's website (http://www.hmrc.gov.uk/businesses/index.shtml).


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