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UK Corporate Formation

Updated:2017-10-26 14:59:14    Source:www.tannet-group.comViews:142

UK corporate formation is also called UK company setup, UK business setup, UK company registration, UK company incorporation, UK business establishment and UK business registration.

The UK (the United Kingdom) has an open, transparent and business-friendly system to encourage the formation of new businesses. No permission is required to establish a business presence in the UK, although there are regulations on the use of business names and certain business sectors which may require licenses or authorization. Setting up a business in the UK has been easier than in most other European countries for a long time.

Advantage of UK Corporate Formation
The procedure of registered company in UK is easier. The registered capitals are not need to be paid up. No operation in UK no taxes (sales taxes). The cost for annual maintenance is lower, taxes declaration is convenient. Tax has been easy to arranged; To open bank account in Hong Kong and UK are both available, Customs clearance could be done in 24 hours under normal condition; It is qualified to get capital on major finance markets around the world. It is no doubt a wise choose to set up an UK company and then expand your market in the world.

Company's Name for UK Corporate Formation
Company’s name must be in English only and ended up with “LTD” or “LIMITED”. Words like “INTERNATIONAL”, “INDUSTRY”, “INVESTMENT” etc. would be able to appear in the company name; but some sensitive words such as “loyal or princess” should be avoided.

Registered Capital of UK Corporate Formation
There is neither minimum nor maximum registered capital for an UK company, but 1,000 pounds is recommended to set up a new company. The government levies 0.5% tax on registered capital when there is any change on shareholders.

Shareholders and Directors of UK Corporate Formation
One or more than one shareholders at the age of 18 or above, nationality is not limited.

Legal Secretary and Registered Address of UK Corporate Formation
SECRETARY: Secretary should be in residents in UK, nationality is not limited.
ADDRESS: Every company must have a registered office in UK.
Legal secretary and registered address may be provided by TANNET.
Should you require any further information, please contact us.

Business Activities for UK Corporate Formation
One of the most exciting events included in the formation of a UK company is free business scope; in principle Business scope is really not defined by the government for the business you conduct in UK business registration. Generally speaking, business scope is not really limited in UK Company.

Documents Required for UK Corporate Formation
Company Name;
Details about Shareholders;
Proportions of each Shareholder.

Contact Us
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China. /2355735242@qq.com.

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