Eternity Law International — News — LTD registration in the UK

LTD registration in the UK

Published:
October 6, 2020
Registration cost 1 500.00 EUR
The cost of renewing the company 1 200.00 EUR
 Number of directors 1
Corporate tax 20.00%
Paid Statutory Capital 0.00
Mandatory reporting requirements Yes

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

Crypto-regulation in Cayman Islands

The Isles, renowned for its economic services sector and business-friendly environment, has emerged as a destination of interest for enterprises functioning in the cryptocurrency and blockchain space. For companies engaged in providing virtual asset services, obtaining a Virtual Asset Service Provider (VASP) license is a crucial step to confirm adjustment adherence and credibility. This article...

Asset management license in Belgium

Jurisdiction, located at EU center, is renowned for its strategic geographical location, extensive transport network and diverse industrial and commercial base. Registering a firm locally brings a number of benefits to foreign investors, such as research and development (R&D) support, innovation and close links with neighboring markets. Establishing a company in the country is quite...

Luxembourg Payment Licenses

Luxembourg, a small European country known for its financial prowess and stable economy, offers a conducive environment for businesses, including those in the fintech sector. One of the key elements that make Luxembourg an attractive destination is the availability of EMI (Electronic Money Institution) and PI (Payment Institution) licenses. In this article, we will delve...

Corporate taxes in Croatia

Croatia is one of the best nations for the establishment of business because of its economic stability, excellent geographical position, simple process of company registration and, of course, favourable taxation regime. Before starting a business in Croatia every entrepreneur ought to know all subtleties of taxation in commerce activity. Corporate Income Tax in Croatia is...

ISO 22000: Food Industry Management

In all food industry, it is becoming increasingly important to develop and use such controlling schemes that could demonstrate their ability to administrate risks in food field and could guarantee compliance with different regulations. ISO 22000 gives enterprise a number of internal benefits: basis of ISO 22000 is comprehensive method that covers safety parameters of...

API license

Introduction In the dynamic world of financial services, the Authorised Payment Institution License (API License) has emerged as a pivotal cornerstone for entities aspiring to engage in sales activities. Whether you are a burgeoning fintech startup or an established financial institution, comprehending the prerequisites, benefits, and the procedural intricacies for securing an API License is...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360