What happens if a UK company is overdue?

Hello,After the registration of the British company, it is necessary to ensure the legitimacy of the British company, so it is necessary to do the annual inspection, if the customer is unable to carry out the annual inspection for some reason, it is just necessary to report to the British company law to pay a certain annual inspection fine, the following is for reference:

1.A fine of £150 will be imposed for overdue inspections from 1 day to 1 month.

2.A fine of £375 will be imposed for overdue annual inspection for 1 month to 3 months.

3.A fine of £750 will be imposed for overdue inspections for 3 to 6 months.

4.The annual inspection is overdue for more than 6 months and is fined 1,500 pounds.

The UK company does not do the annual review when it expires, and it will be automatically deregistered after 6-9 years. But this is a forced write-off. Forced deregistration will have a negative impact on the credibility of the directors.

The annual examination fee of the British company is not high, and it is recommended that you go through the annual examination according to the regulations after the annual examination expires.

The information required for the annual examination of a UK company is as follows:

1. Certificate of registration of the UK company;

2. Business registration certificate of the British company;

3. Articles of association of a UK company;

4. Scanned copies of ID cards of shareholders and directors;

5. If the company has other changes in shareholders, capital increase, name, etc., it is also necessary to provide scanned copies of relevant documents.

The time required for the annual review of a UK company: 4-8 working days.

1.A fine of £150 will be imposed for overdue inspections from 1 day to 1 month.

2.A fine of £375 will be imposed for overdue annual inspection for 1 month to 3 months.

3.A fine of £750 will be imposed for overdue inspections for 3 to 6 months.

4.The annual inspection is overdue for more than 6 months and is fined 1,500 pounds.

If the annual inspection cannot be carried out for some reason, a certain annual inspection fine needs to be paid. Penalty breakdown.

The main ones are as follows:1A fine of £150 will be imposed for overdue inspections from 1 day to 1 month.

2.A fine of £375 will be imposed for overdue annual inspection for 1 month to 3 months.

3.Late annual inspection 3 months to 6 months fine £750 4The annual inspection is overdue for more than 6 months and is fined 1,500 pounds.

The same is true for registered companies in the UK, if the annual examination is overdue, there will not only be a high fine but also the risk of being cancelled, so be sure to submit the relevant documents to the relevant departments of the UK for annual review, in fact, the annual review is not troublesome, only the application certificate of the British company, the articles of association and the ID cards of shareholders and directors can be. Failure to conduct an annual review in a timely manner will result in the following fines:

1. Within 1 month of overdue, a fine of 150 pounds (about 1320 yuan) will be imposed;

2. Within 3 months of overdue, a fine of 375 pounds (about 3,300 yuan) will be imposed;

3. Within 6 months of overdue, a fine of 750 pounds (about 6,602 yuan) will be imposed;

4. If it is overdue for more than 6 months, a fine of 1,500 pounds (about 13,203 yuan) will be imposed.

After the registration of the British company, in order to ensure the legitimacy of the British company, it is necessary to do the annual inspection in a timely manner, if the customer does not carry out the annual inspection in time for some reason, then it is necessary to report to the British company law to pay a certain annual inspection fine, the following for reference:

1. The annual inspection is overdue for 1 day to 1 month, and a fine of 150 pounds will be imposed.

2. The annual inspection is overdue for 1 month to 3 months, and the fine is 375 pounds.

3. The annual inspection is overdue for 3 months to 6 months, and a fine of 750 pounds will be imposed.

4. The annual inspection is overdue for more than 6 months and is fined 1,500 pounds.

If the UK company does not handle the relevant annual examination in time when it expires, it will be automatically cancelled after 6-9 years. But this is a forced write-off. Forced deregistration will have a negative impact on the credibility of the directors.

After the application of the UK company, if the customer is unable to carry out the annual examination for some reason, the consequences:

1) Penalty fee (general ****).

1).The fine for overdue annual examination is 150 pounds 1 day to 1 month2).The annual examination is overdue for 1 month to 3 months, and the fine is £375 3).

A fine of £750 for overdue 3 months to 6 months 4).The fine for overdue annual examination for more than 6 months is £1,500 (2) The fine for late submission of annual examination report is very light, but the company will be deregistered after the specified time. (generally 3-6 months);

3) If a UK company does not conduct an annual examination within 6 months after the expiration of the annual examination, the company will be forcibly deregistered by the UK Companies Registry. First of all, the UK Companies Registry will issue a warning document, and if it is not processed within 90 days, the company will be directly deregistered by the second document without any chance of rebuttal.

Companies that have been compulsorily deregistered can be reinstated, but at very high costs (involving ** fines). And the longer it is deregistered, the higher the recovery cost.

Therefore, if a UK company wants to operate normally, it must undergo an annual audit on time.

Under UK company law, failure to do so is subject to heavy penalties and prosecution without notice. If the company does not deal with the company's governance matters, the company will be placed on a blacklist and a summons will be issued to ensure the enforcement of the company's management.

If it is not processed, the company's bank accounts and property will also be taken over by the Companies Registry. If the dormant company's annual financial report is late in submission, the late submission time is fined 150 pounds within one month, 375 pounds in three months, 750 pounds in 6 months, and 1,500 pounds in more than 6 months. This is generally ****, if it is a listed company, it is more fined.

If the annual audit report is submitted late, the fine is very light, but the company will be deregistered after the specified time. (generally 3-6 months); **Procedure for Mandatory Company Deregistration:

The first is to send a warning document, and if it is not processed in a timely manner within 90 days, the company will be directly deregistered by the second without any chance to refute it.

There will be a range of consequences.

1.The bank account is not working properly.

2.The company is listed in the abnormal operation, neither annual review nor cancellation, and is included in the blacklist.

3.If the annual review is overdue, there will be a fine, and the penalty is different depending on the overdue time.

4.The personal reputation of the company's shareholders will also be affected, and many things will not be able to be done in dealing with the UK in the future.

The company has a bad reputation;

There will be a fine for a long overdue period until it is cancelled;

The company has a bank account and is unable to provide annual review updates.

Hello, the British company does an annual inspection and tax declaration once a year, if there is no annual inspection on the date of establishment of the company in the following year, then the UK ** will have the following fines:

1.A fine of £150 will be imposed for overdue inspections from 1 day to 1 month.

2.A fine of £375 will be imposed for overdue annual inspection for 1 month to 3 months.

3.A fine of £750 will be imposed for overdue inspections for 3 to 6 months.

4.The annual inspection is overdue for more than 6 months and is fined 1,500 pounds.

According to 5% of the actual registered capital of the company!