How to set up a UK company and what to pay attention to when setting up a UK company

The United Kingdom has left the European Union, but it still maintains a very important economic position in Europe, and London's status as the world's financial center remains unchanged. At the same time, in order to create a global Britain after Brexit, the United Kingdom** has signed post-Brexit free trade agreements with Australia and other countries. Coupled with the geographical and location advantages of the United Kingdom, if the company's products or business want to enter the European and American markets, then it is still a good choice to register the company in the United Kingdom.

Advantages of a UK company:

1.The UK company registration process is simple, the requirements are relaxed, the registration timeliness is high, and the annual maintenance cost in the later stage is also very low.

2.When registering a company in the UK, the registered capital does not need to be actually in place, nor does it need to be verified, and there is no upper limit.

3.As long as they do not operate in the UK, companies registered in the UK are exempt from tax and do not need to pay tax, which can legally reduce the cost of corporate tax expenses.

4.British companies can establish the image of international enterprises and open up international markets; With a UK company, it is easy to go public in major financial markets around the world and in Hong Kong.

5.There is no foreign control in the UK, capital can enter and exit freely, companies can open accounts freely, and can apply for bank accounts in the mainland, Hong Kong or other overseas regions.

Information and process required for registration:

1.Provide the name of the company, the name of the British company can only be in English, not in Chinese, to end with "****" in English, can be "limited", "co."., limited”、“ltd”、“co.

ltd" and so on. Words such as "trust", "bank", "royal", "government" cannot be used unless the company has the appropriate licence and qualification in the UK.

2.Determine the registered capital, the registered capital of the British company is at least 1 pound, most of them will choose between 10,000-1 million pounds, the registered capital does not need to be actually in place, and the appropriate registered capital can be determined according to the actual situation of your company.

3.Provide the front and back of the ID cards and passports of the directors and shareholders, and in the case of corporate shareholders, the certificate of incorporation and the latest annual examination documents.

4.Choose the scope of business of the company, there is not much restriction on the scope of business of a UK company, you can operate any legal business, and you can choose 3-4 business scopes that match the company from the economic activity classification **SIC when registering.

After the above information is ready, you can submit the registration to the UK Companies Register, ** the review is completed, and the registration certificate is issued, which will take about 5-7 working days.

After the registration is completed, you will receive the certificate of incorporation, registration**, articles of association, original seal, steel seal and other materials by mail.

Company Name:Do not use the words Royal, Commonwealth, Bank, Federation, Chamber of Commerce, etc.

Companies should end with 'limited' or 'ltd'.

Registered capital:From £50,000.

Subscription system, no capital verification is required.

Shareholders Director:Shareholders Directors must be at least 18 years old.

Shareholder The directors can be the same person.

To set up a UK company, a secretary (who can be a secretarial company or a resident in the UK) is required to provide a registered address in the UK.

Provide the directors, shareholders' ID cards, and passports.

Company name (available in three English).

Scope of business of the company

Registered capital:Signature sample.

UK Certificate of Incorporation.

Information of directors and shareholders.

UK company seal.

UK Company**.

UK Company ** Transfer Record Form.

UK Articles of Association.

Accountant Verification 10EF, Bylaws, Certificates.

You should think about it after you get the UK International.

Considerations for registering a UK company.

1. If you are looking for a registered British company, you must contact a professional and reliable intermediary agency, such as Zhuoxin Vision, and sign a clear contract to negotiate a number of agreements.

2. After the registration of the British company Zheng Hu, if you need to open a bank account, you need to inform in advance, so that the institution can provide you with a suitable bank account opening plan.

3. The annual inspection and tax declaration after the registration of the British company cannot be ignored, which is the basis for maintaining the normal operation of the British company.

4. After the registration of the UK company, the shareholder information, business scope and other information can be changed.

There are a few things to keep in mind about the time and process it takes to set up a UK company.

1.To establish a British company, first of all, we must draw up a company name, of course, if it is an English name, the Chinese name can be reflected in the certificate of the translation, but the Chinese name is invalid when establishing this company, in fact, there are no special requirements in terms of name, as long as it does not contain sensitive words, check it in advance to avoid repetition.

2.First of all, it is necessary to provide a scanned copy of the ID card and passport of the director and shareholder, and also to determine the proportion of shares held by the director of the director and shareholder, and at the same time, one person is allowed to serve as a shareholder director, but he must be at least 18 years old, and there is no nationality restriction.

3.It is also necessary to determine the amount of registered capital of the UK company in advance, the standard is 1,000 pounds, and the registered capital can also be increased, which will not verify the capital, so there is no need for the funds to be actually in place. (Note:.)

The capital does not need to be too high, if the local business needs to be audited, the higher the registered capital, the higher the stamp duty charged. )

4.Sample signatures of directors and shareholders are also required.

5.After the above materials are provided, you can directly register the company, and the company's handling will be completed soon, and the progress will be displayed on the official ****.

6.You can also choose whether you need to do a verification certificate, and if you just want to do a brand, you can choose not to do a verification certificate. If you need to open an account in a domestic bank, you need to do verification, and the time for verification is about 3-5 working days, and the overall integrity is about 10-12 working days.

7.After the registration is completed, the annual review will be carried out every year, if it is not operating in the local area, the office needs to do an account audit, and after the annual annual review every year, a dormant report will be issued to prove that the company is not operating.

1. After the registration of the British company, you can open a domestic account and carry out import and export exchanges, without too many national restrictions, but try not to trade with sanctioned countries.

2. If a transaction with a country sanctioned by Biyin is too large, the funds will be intercepted and returned when they are remitted.

3. Since the UK itself is a big trading country, it can communicate with the locals, but you don't need to file taxes if you don't operate in the local field.

Process of registering a UK company:

1. The applicant provides the name of the British company, and the company name search will be carried out by the registered company office of Inchata Peijian;

2. The applicant submits the UK company registration information to the UK Companies Registry;

3. Handle the relevant procedures for the registration of the UK company;

4. After 7-10 working days, Zhonglu will get the relevant documents for the registration of the British company;

5. The company registration is completed.