United Kingdom Limited liability company (Ltd)
Being one of the world’s largest economies, the UK is very attractive for investors. Start-ups there also benefit from a fast and easy company incorporation process, with no capital requirements or restrictions upon the residency of the directors. Limited Company (Ltd) is the most popular legal form in the UK.
ADVANTAGES
Onshore status
Easy and fast set-up process
Corporate tax standard rate is 19%
Flexibility in their control and ownership and changes can be made quickly and easily
REQUIRED DOCUMENTS
Company name of your wish (ending >Ltd)
Passport copy of all directors and shareholders
Proof of residence (phone bill, electricity bill) not older then 3 months
Nature of business and business plan
CV of shareholder(s)
PRICE BOX
GBP 1’480 Incorporation
GBP 1'000 (yearly) Domiciliation
SHARE CAPITAL
The minimum paid up share capital for a Private Limited Company is GBP 1. There is no concept of authorised share capital in the Companies Act.
SHAREHOLDERS
There is neither a limit on the number of shareholders, nor requirements on their nationality or residency. The shareholder can be a legal or natural person. The identity and personal information of the shareholder are publicly disclosed.
DIRECTORS
There must be at least 1 director, who must be a natural person. Corporate directors are allowed, provided that at least 1 director is a natural person. There are no restrictions upon nationality or residency.
REGISTERED OFFICE
All companies must have a registered address in the UK.
FILING REQUIREMENTS
All companies must file annual financial statements and annual tax returns. Companies must file their accounts audited unless at least 2 of the following are fulfilled: an annual turnover of no more than £10.2 million; assets worth no more than £5.1 million; 50 or fewer employees on average.
TIMESCALE
Once all information and proof of identity has been received, the incorporation process can be completed within one day.
INCORPORATION PROCESS: SET UP YOUR COMPANY IN 2 EASY STEPS
STEP 1: GET YOUR DOCUMENTS IN ORDER
Provide us with the company name of your choice. We will check the name availability for you for free
Two certified copies of your passport
Proof of residence, for example your last phone or electricity bill (not older then 3 months)
Order your bank reference letter
Tell us about nature of planned business and expected income and expenditure
Let us know when you’re ready and send us a scanned copy of the documents for our review before you post them. Call us for any questions +41 (0)44 266 10 60
STEP 2: SIGN FOR REGISTRATION
Sign F Trust’s mandate agreements
We will prepare the application for incorporation and the memorandum and articles
We will proceed with the company incorporation and registration with the local authorities
The company is from now on ready to use
If you wish us to assist with bank account opening, please let us know and F Trust will complete account opening application forms for you