en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+ 357-24-636-919
+ 44-20-7556-0900
NEWS

Sign up for a free consultation
Subscribe to our newsletter
Request a return call
Downloadable brochures
Request a brochure
Newsletters
5 Minutes Offshore
Why LAVECO?
How to order a company from LAVECO Ltd
Latest news
Currency exchange rates: USD/1 unit
2017.07.26
HUF 0.0038
GBP 1.3036
CHF 1.057
RUB 0.0167
HKD 0.1281
JPY 0.009
CNY 0.1482
CAD 0.7987
AUD 0.7945
BRL 0.3187
EUR 1.1648
 COMPANY FORMATION
UK LTD
INCORPORATION DATASHEET

UK Brochure, UK LLP, UK Ltd,

You can download our brochure here:
UK Brochure

5 things you probably didn’t know about English companies
Although the UK private limited company is not a low-tax company, it is still popular among those who require a high prestige, very stable company. The UK company has justifiably become a competitor for the Swiss company, whose formation and maintenance fees may be 5 or even 10 times higher than its counterpart in the UK.
Method of incorporation / registration:
The company may not be formed for an unlawful purpose.
The Memorandum and Articles of Association must be signed by the subscriber(s) of the company.
The subscriber/shareholder may be any natural person or body corporate without any restrictions. An application form must be signed by the director(s), company secretary and the subscriber(s).
Company legal form: Private Limited Company by shares
Company status: Resident/ Non Resident Company
Source of corporate legislation: Companies Act 1985; Companies Act 2006
Possible suffixes to company name: Limited or Ltd.
Restrictions on company name: Please find below complete list of restrictions.
Time required for incorporation: 1 month
Number of directors:
Minimum 1 of any nationality. The company must have at least one director who is a natural person.
Number of shareholders: Minimum 1 of any nationality.
Capital: Minimum share capital is 1 p. At least one share should be issued.
Accounting / reporting requirements: Yes. Annual report and audited accounts are required.
Type of shares: Ordinary, Preference, Cumulative preference, Redeemable
Annual tax and duties: 20-28%
Information publicly available: Directors, registered office, shareholders, accounts, company secretary, annual return.
Registered office: Registered office in England and Wales is required
Registered/Company secretary:
It is advisable and LAVECO policy required the appointment of a local qualified secretary, who will be responsible for the preparation of the Annual Return of the company and for the keeping of professional records and deadlines to avoid the risk of penalties.
Double tax treaty: The UK has the widest network of DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee (including legal expenses, filling fees and stamp duties) 80 GBP
International authentication (Apostille)
of the Certificate of Incorporation:
225 GBP
Issuing of share certificates, initial minutes, registers and
other forms:
115 GBP
Corporate seal: 30 GBP
Courier fee: 50 GBP
Subtotal: 500 GBP
ANNUAL FEES*
Registered office and registered agent: 690 GBP
Annual tax and duties: 20-28% on profit
Administration fee: 200 GBP
Due diligence checking fee: 100 GBP
Subtotal: 990 GBP
Total: 1490 GBP


The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 990 GBP is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1490 GBP includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary for 1 year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association, Corporate Register, share certificates, initial forms and minutes and 2 company seals. The price contains no hidden costs!

Related news:
UK National Audit Office Highlights Unrecovered Tax Debt    18.02.2014
UK Chancellor Hails Tax Deal With IoM    21.10.2013
Plastic banknotes to be introduced in the UK    01.10.2013
UK to introduce plastic banknotes    17.09.2013
Think tank calls on uk to 'embrace' tax havens    21.06.2013
Offshore Payroll Providers Under Fire In UK Budget    25.03.2013
UK Chancellor Delivers Pro-Business Budget    22.03.2013
UK signed two new DTAs    19.03.2013
UK Allows Turks And Caicos To Ditch VAT Plans    28.02.2013
Fighting tax evasion: stronger EU rules enter into force on 1st January    24.01.2013
Top