set up a company in the uk united kingdom england

Incorporate in the United Kingdom (UK)

$1,750.00

Set up a UK Limited Company

The UK Private limited company is a well-recognized and reputable business structure incorporated in one of the major international financial and trade centers worldwide with a long proven track record of fiscal and legislative stability.

Corporate taxes in the UK are considerably reasonable (19%) compared with other European jurisdictions.

UK Limited companies also benefit from an ideal environment and a mature finance market for entrepreneurs and startups to seek funding, attract investors, gain access to high-skilled employees and high-quality business services.

In addition, incorporating in the UK provides a broad range of payment processing services and access to merchant accounts.

Private companies limited by shares in the UK enjoy a fast and cost-effective registration procedure and simple ongoing compliance requirements.

UK Limited companies are excellent vehicles as holding companies, taking advantage of the over 100 tax treaties that the UK has concluded, tax-exemption on capital gains on the sale of shares that fulfills certain conditions, tax exemption on dividends received from both local and foreign sources and no withholding tax on dividends paid to non-residents.

All in all, UK private limited companies enjoy high reputation and are excellent vehicles to conduct international commercial activities, as a holding company, IP business, investment company, access to payment processing services and merchant accounts and for startups seeking financing.

Set up a UK LLP

Companies incorporated under the Limited Liability Partnership Act are hybrid entities that provide to its members the flexibility of a partnership arrangement and limit liability to the capital contributed by each member.

An LLP requires minimal corporate formation requirements and a fast registration procedure. There are no company structure requirements for the management of an LLP, nor are there provisions for company meetings, directors, secretary, or capital.

UK LLPs are fiscal transparent entities, all profit received by the LLP is considered to be transferred to its members and taxed at the personal level. Members pay personal income taxes on LLP profits proportionally to their share of participation in the LLP company, whether distributed or not.

This means that an LLP is not seen as a separate entity for taxation purposes, and therefore if its members are non-UK tax residents they will only be required to pay taxes in the UK on income sourced from the UK.

An LLP must be set up by a minimum of two members, and although they are tax neutral entities, there are certain compliance requirements, including submitting annually financial statements to the UK Companies House and Partnership Tax return to the HMRC (Her Majesty Revenue & Customs).

If the LLP accrues more than GBP 81,000 that is derived from local earnings, then it must register for the UK VAT.

All in all, a UK LLP is a flexible structure that benefits from being incorporated in a reputable jurisdiction and international financial and trade center, while being a potentially tax-free entity. UK LLPs are powerful vehicles commonly used to provide international professional services, conduct international trading, e-commerce, Amazon FBA and as a payment processing subsidiary.

In the United Kingdom, the two most common corporate structures are the private limited company (LTD), incorporated in England and Wales under the Companies Act 2006, and the Limited Liability Partnership (LLP), registered in England and Wales under the Limited Liability Partnerships Act 2000.

Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a UK Company, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees.

UK  Company (LTD, LLP, England and Wales) Formation and First-Year Fees – USD 1,750.00 (All Included)

Private Limited Company (LTD.)

  • All Applicable Companies House Fees
  • Preparing and filing the Memorandum of Association, Constitution and Articles of Association with the Companies House
  • Providing the Certificate of Incorporation and filed Memorandum and Constitution with the Companies House
  • Preparing the First Board Resolutions resolving the appointment of Directors, allotment of Shares, Registered Office and other corporate matters.
  • Preparing the Confirmation Statement, Minute Book of the Company and Statutory Registers, including Register of Mortgages and Charges, Register of Debentures, Register of Sealings or Executions, Register of Members, Register of Directors, Register of Persons with Significant Control
  • Filing Statutory Registers with the Companies House
  • Preparing the Shares Certificates
  • Providing Registered Office Services, including a business address in Central London, for one year
  • Providing Secretarial Services for one year
  • Preparing Certified True Copies of Corporate Documents
  • Delivery of Certified True Copies of Corporate Documents via Courier, inclusive of Courier Fees

Limited Liability Partnership (LLP)

  • All Applicable Companies House Fees
  • Preparing and filing the Incorporation Document with the Companies House
  • Providing the Certificate of Incorporation and filed Incorporation Document with the Companies House
  • Preparing the Limited Liability Partnership Agreement, with unlimited reviews
  • Preparing the Confirmation Statement, Minute Book of the Company and Statutory Registers, including Register of Mortgages and Charges, Register of Debentures, Register of Sealings or Executions, Register of Members, Register of Persons with Significant Control
  • Filing Statutory Registers with the Companies House
  • Providing Registered Office Services, including a business address in Central London, for one year
  • Providing Secretarial Services for one year
  • Preparing Certified True Copies of Corporate Documents
  • Delivery of Certified True Copies of Corporate Documents via Courier, inclusive of Courier Fees

Time to form the Company

It generally takes us 1-2 days to prepare the constitutional documents of the company and related corporate documentation and file them with the Companies House. At that point, the certificates are generally released within the same day or the following business day.

Bank Account Opening Services (Optional)

We can open bank accounts for Estonian private limited companies in the following jurisdictions:

  • UK Bank Account (2 Banks, In-person) – USD 1,200.00 – Debit/Credit Cards Available
  • Cyprus Bank Account (6 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Switzerland Bank Account (1 Bank Remotely, 3 Banks In-person) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Netherlands Bank Account (2 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards Available
  • Lithuania Bank Account (1 Bank, In-person) – USD 1,200.00
  • Latvia Bank Account (1 Bank, In-person) – USD 1,200.00 – Debit/Credit Cards Available
  • Liechtenstein Bank Account (2 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Luxembourg Bank Account (2 Banks, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Czech Republic Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards Available
  • Gibraltar Bank Account (1 Bank, In-person) – USD 1,200.00 – Brokerage Accounts Available
  • New York (US) Bank Account (2 Banks, Remotely) – USD 2,000.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Singapore Bank Account (5 Banks, Remotely) – USD 900.00 – Debit/Credit Cards Available – Remote account opening available due to COVID-19 and related travel restrictions
  • Hong Kong Bank Account (3 Banks, In-person) – USD 2,000.00 – Debit/Credit Cards Available
  • Bahamas Bank Account (2 Banks, Remotely) – USD 500.00 – Brokerage Accounts Available
  • Cayman Islands Bank Account (5 Banks, Remotely) – USD 900.00 – Brokerage Accounts and Debit/Credit Cards Available
  • Mauritius Bank Account (3 Banks, Remotely) – USD 600.00 – Debit/Credit Cards Available
  • Labuan/Malaysia Bank Account (1 Bank Remotely, 1 Bank In-person) – USD 500.00 – Debit/Credit Cards Available
  • Armenia Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Turkey Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • New York (US) Bank Account (2 Banks, Remotely) – USD 2,000.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Cook Islands Bank Account (1 Bank, Remotely) – USD 600.00 – Brokerage Accounts available
  • Curaçao Bank Account (2 Banks, Remotely) – USD 500.00 – Debit/Credit Cards Available
  • Belize Bank Account (1 Bank, Remotely) – USD 300.00 – Prepaid Cards Available.
  • Antigua Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • Puerto Rico Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available and Brokerage Accounts available
  • Nevis Bank Account (Remotely) – USD 300.00
  • Dominica Bank Account (Remotely) – USD 300.00 – Debit/Credit Cards Available and Brokerage Accounts available

Note that we can also assist the client with opening Electronic Money Institutions Accounts in the EEA at no additional cost.

All our bank account options provide for accounts in major currencies (USD, EUR, GBP, CHF, etc) as well as internet banking facilities. Note that “Remotely/In-person” means whether the account can be opened remotely or a personal visit to the bank is required to finalize the application.

Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

UK Company Annual Fees – USD 1,600.00 (payable one year after incorporation, and annually thereafter)

  • Providing Registered Office Services, including a business address in Central London, for one year
  • Providing Secretarial Services for one year
  • Preparing and Submitting the Annual Return to the Companies House
  • All Applicable Companies House Fees

Other Services (Optional)

  • Local Directorship Services
  • Full Accounting and Book-keeping Services
  • Tax Services
  • Registration of Limited Partnerships (Scotland and/or England and Wales)
  • FCA-licensing for Payment/Electronic Money Institutions and Investment Businesses

Please, contact us for further information.

SKU: INC-BV-001-3-1 Category:
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