Incorporate in the United Kingdom (UK)

$1,850.00

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.

Learn more about setting up a UK Company:

Company Type

Please select your company type

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

Description

We pride ourselves in providing the best possible professional service which includes our honest hassle-free “No Hidden Fee” policy. Your incorporation package includes:

UK Limited Company (LTD) Formation (England) – USD 1,850.00 (All Included)

  • All Applicable Companies House Fees
  • Certificate of Incorporation
  • Articles of Association
  • Appointment of Company Director(s)
  • Director(s) Acceptance Letter
  • First Board Resolution
  • Register of Members
  • Register of Directors
  • Share Certificate(s)

Time to form: 7 to 10 business days.

UK Limited Liability Partnership (LLP) Formation (England) – USD 1,850.00 (All Included)

  • All Applicable Companies House Fees
  • Incorporation Document
  • Certificate of Registration
  • Confirmation Statement
  • Statement of Significant Control
  • Register of Members
  • Register of People with Significant Control (PSC)

Time to form: 7 to 10 business days.

All our incorporation services include a yearly consulting session, a dedicated account manager and access to our global network of trusted business services, including introductions to accountants, financial, tax and legal advisors at no cost.

Annual Fees – USD 1,950.00

  • Annual Return Fees
  • Secretarial Services
  • Central London Registered Office Fee
  • Maintenance of Statutory Registers

Accounting and Tax Services (Optional)

Limited Companies

  • Preparing and Filing Abridged Annual Accounts (Limited Companies) – USD 2,950.00 p.a.
  • Corporate Tax Preparation and Filing (Limited Companies) – from USD 3,500.00 p.a.*

LLPs

  • Annual Accounts Preparation – USD 1,800.00 p.a. (small LLPs**); USD 2,950.00 p.a. (non-small LLPs)
  • Self-Assessment Tax Return Preparation (LLP Members) – from USD 1,500.00 p.a.*

*Estimated costs. To be determined on a case-by-case basis depending on the level of turnover, the complexity of the transactions, whether these are carried out in different currencies, etc.

**LLPs that meet two of the following: an annual turnover of less than GBP 6.5 mil; balance sheet of less than GBP 3.26 mil; less than 50 employees.

Bank Account Opening Support Services (Optional)

Bank Account Options*:

  • UK Bank Account (In-person) – USD 2,500.00
  • Switzerland Bank Account (Remotely) – USD 1,200.00
  • Lithuania Bank Account (In-person) – USD 1,200.00
  • Latvia Bank Account (In-person) – USD 1,200.00
  • Poland Bank Account (Remotely) – USD 1,200.00
  • Liechtenstein Bank Account (Remotely) – USD 1,200.00
  • Luxembourg Bank Account (Remotely) – USD 1,200.00
  • Hong Kong Bank Account (In-person) – USD 1,200.00
  • Singapore Bank Account (In-person) – USD 900.00
  • Czech Republic Bank Account (Remotely) – USD 1,200.00
  • New York (US) Bank Account (Remotely/In-person) – USD 2,000.00

For Private Wealth Structures, we have further options available in large financial centers. Please contact us for more information.

*This accounts’ schedule of fees are for trading, service and holding companies whose activities are not regulated and are considered low-risk by financial industry standards. If you conduct regulated activities such as financial services or gaming, or you operate in a high-risk industry such as cryptocurrencies, precious metals, adult, dating. Please also contact us for more information relating to these industries.

Our Bank Account Opening Support Service includes:

  • Introduction to the Bank Manager
  • Bank Account Opening Process Management
  • Assistance and advice in filling out Business Questionnaires, KYC Forms and Bank Account Application Forms.
  • Certified Copies of Constitutional Documents
  • Corporate Seal
  • Introductions to Payment Processing and Merchant Account Providers

Our banking 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

We include introductions to payment processors or merchant accounts. Whether you just need standard credit card processing or specialized services for high-risk processing, we are happy to help you with introductions that can empower your business

Directorship Services (Optional)

  • UK Local Director (including drafting all legal documents required) – USD 4,500.00 p.a.
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