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United Kingdom Company Formations

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The United Kingdom is located east of the Republic of Ireland and the Isle of Man  and has a population of 56 million people. It has a democratic elected Government which sits in the Houses of Parliament. Its capital is London but have many other major cities including Manchester and Birmingham. It has not adopted the euro and retains the British pound as its unit of currency. The Queen is head of state. It has a well development transport system and aviation structures.

Heathrow airport is  the busiest  airport in the world. London could be discribed as the financial centre of the world and is a popular place for company incorporation. It has numerous double taxation treaties in place. There are shelf companies available. LLP companies are used more for International trading as an agency  type structure , where no UK business occurs. The other types of companies are the Limited Liability and the Public Liability company. Beneficial owners may remain confidential.

Here are some of the features of a Limited Liability Company

Minimum subscribed members   one
Minimum number of directors    one
Need for directors to be locally based (but must be individual, not corporate  ) no
Company Secretary                no
Usual  Authorised Share Capital    GBP 1000
Paid up Share Capital requirement       GBP 1
Corporation Tax      21%--29.7
Accounts Required     yes
Requirement to file accounts     yes
Audit Required       yes but with exemption
Annual Return          yes

We at Royal Company Formations would be happy to assist you in all your Corporate needs in the UK
 
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