UK company
- Your Company in the UK in 1 day.*
- The most competitive price, in complete transparency.
- Client private data protection via secured systems.
- A dedicated manager available throughout the year.
- Your company and its application for a bank account, including eBanking and credit card.
General information
Companies set up in the United Kingdom have the advantage of a low tax rate (19%) while still being European and being able to have a VAT number.
UK companies can also be used in tandem with an offshore company to reduce the tax rate to less than 5%. This type of structure is commonly known as an "Agency Company". UK company incorporation can usually be processed same day.
UK company main characteristics:
| Company type | Private Limited Company. |
| Governing corporate legislation | UK companies are regulated under the Companies Act 2006. The UK Companies House is the governing authority. |
| Information published relating to company officers | Upon registration of the company, the names of company officers will appear on public record. A register of “people with significant control” has been in force since the April 2016 |
| Accounting requirement | Accounts and tax filing must be submitted by year-end. |
| Taxation | A tax rate of 19% applies for profits below £300k. For profits exceeding £300k a bracket applies (see http://www.hmrc.gov.uk/rates/corp.htmfor details). |
| Standard currency | GBP |
| Time to form | The UK has a fast and efficient registry. Company formation can be processed electronically within a day. |
| Stability | Very stable jurisdiction with an excellent reputation. |
| Communication | Good communication means. |
| Time zone | Convenient time zone (GMT). |
| Secretary required | No |
| Paid up capital requirement | No paid up capital requirement. |
| Basis of legal system | Under Common Law. |
| Minimum directors/shareholders | Minimum of 1 director and 1 shareholder. |
| Bearer shares | Bearer shares are not permitted. |
European company
European corporate identity gives you access to a huge market and to a wide range of suppliers. Enjoy prestige of the EU company and the opportunity to buy and sell within EU with 0% VAT.
Offshore company
Having an offshore company can help you save money. Offshore companies typically pay lower taxes. Paying lower taxes means that you can reinvest the company's earnings.
Leave the paperwork to us and get the bank account opened within a month. With LinkedEurope the bank account opening will be smooth and painless.