Eternity Law International News LTD registration in the UK

LTD registration in the UK

Published:
October 6, 2020
Registration cost1 500.00 EUR
The cost of renewing the company1 200.00 EUR
 Number of directors1
Corporate tax20.00%
Paid Statutory Capital0.00
Mandatory reporting requirementsYes

Set of documents:

  • Certificate of incorporation
  • Minutes of the meeting of Subscribers
  • Minutes of Meeting of Directors
  • Share Certificates
  • Non-Trading Warranty

Cost of services of a nominee director and shareholder – 550 USD

Documents using the nominee service at LTD registered in the United Kingdom:

  • Power of attorney
  • Refusal letter from the Nominal Director
  • Refusal letter from the Secretary
  • Nominal Director`s declaration on nominal services
  • Deed of Indemnity
  • Trust Declaration from the Nominal Shareholder
  • Instrument of Transfer Documents for Shares

Limited company (LLC) is commonly used when registering a company in the UK

UK Limited (UK Ltd.) has the following characteristics:

  • At least one director must be an individual.
  • The minimum share capital is £ 2
  • Directors and shareholders are listed in public records.
  • Obtaining a VAT number on request: You will need to have an office in the UK and a bank account in the UK to register for VAT.

Please contact us for more details.

Financial statements must be submitted every fiscal year.

UK Ltd and UK LLP are widely used as:

Holding companies that can receive dividends from a foreign subsidiary as well as pay dividends to an offshore beneficiary without having to pay UK tax in any form.

Agency companies that carry out international trade as agents for offshore and other non-UK beneficiaries, receive only commission income. UK agency companies are often used to open a UK bank account for an offshore beneficiary.

Nominee companies serving as asset protection means, i.e. holding company to protect property or other assets on behalf of a third party.

Companies for royalty payments that can receive royalties related to copyrights outside the UK without bringing UK income tax.

Ready-made companies are available. Ask now.

UK company TAXATION

CORPORATE INCOME TAX: Standard corporate income tax rate is 20% (profits up to £ 300,000). Agency structures are often used to reduce the tax base.

INCOMING DIVIDENDS: from 0% to most dividends.

Capital Gains Tax: Capital gains are generally treated as ordinary profits. The exemption applies if:

  • The selling company owns at least 10% of the shares of the company and they are sold within 12-24 months
  • Companies trade.

Repatriation tax:

Royalty: The standard rate is 20% if not exempt under the EU Interest and Royalty Directive or reduced under the Double Taxation Treaty.

DIVIDENDS: as a general rule, they are not held, with a few exceptions.

PROCENTS: The standard rate is 6% if not exempted under the EU Directive on Interest and royalties or reduced under the Double Taxation Treaty.

TWO-SIDED tax agreements with 125 countries, including Belize, Hong Kong, Cyprus, Malta …

VALUE ADDED TAX (VAT). EU VAT regime. The standard rate for domestic sales is 20%.

The specialists of Eternity Law International will provide you with expert advice on purchasing a company in a European jurisdiction, opening a bank account in any jurisdiction. We offer ready-made offshore companies – it takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or fill out and send us the form at the bottom of the page.

 

You could be interested

Currency exchange business in Europe 

When a person sends some monetary means outside his/her state, exchange organizations convert funds into local currency. Currency exchange offices attract private investors only because changing monies is a profitable commercial niche. Such organizations earn on exchange rate differences. Sometimes, at the request of the owner, a commission fee may be established. The course is...

VASP Regulation in Cayman Islands 2024

A crypto-license in the Cayman Islands is an official documentary confirmation that makes it possible to legally engage in cryptocurrency business. Such a permit provides the right to exchange crypto-currencies, service crypto-wallets, accept crypto-payments and carry out other operations in this area. The body that decides whether the entrepreneur concerned will hold the above-mentioned permit...

Company registration in Bahrain

Bahrain is a classic offshore and attracts investors from abroad, since there is no direct taxation in this state. A corporation established on the territory of the kingdom does not pay income tax and tax on its turnover. Foreign entrepreneurs, most often, choose the WLL Company form for their enterprises, which corresponds to a society...

VASP permission in Caymans

The request process for a VASP license or enrollment can take several months.  Here are some of the benefits of acquiring a VASP license or enrollment in the Caymans: VASP license regulation in the Cayman Islands The management of a VASP permission in the Caymans inclusive the next: The management of a VASP permission in...

Crypto License in Spain

Spanish Bank formed a register for organizations dealing with virtual currency exchanges for fiat, and creation of e-wallets. New legislative act says that crypto providers must be certified. Crypto license in Spain, which is also required for all firms wishing to operate in this sector, entitles them to spread above-mentioned services. A penalty for desire...

Registration of IT-business

5 most suitable countries Registration of IT-business and new technologies – this is not necessarily America and its Silicon Valley. There are other countries in the world with very attractive business conditions. The main selection criteria are: registration availability; ease of doing business; optimal conditions for tax legislation; high quality of life. Consider the most...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7