At Worldwide Fellow, our experts are readily available to assist our global clients to register a company in the United Kingdom. The services include company formation, providing local nominee directors, and opening corporate bank accounts.
On average, your UK company can be registered within five working days upon submitting the necessary documents.
The United Kingdom (UK) is a popular jurisdiction for offshore companies due to its strong legal system, favourable business environment, and excellent reputation. Setting up an offshore company in the UK can provide numerous benefits such as access to a large pool of skilled labour, a strategic location for doing business in Europe, and a well-developed financial sector. The UK has a modern and efficient legal system, and its strict adherence to the rule of law makes it a reliable and trustworthy jurisdiction for those looking to set up an offshore company.
In addition, the UK has a competitive corporate tax rate and a number of tax incentives and reliefs available to businesses. Overall, the UK is a good choice for those looking to incorporate an offshore company in a reputable jurisdiction with a favourable business environment.
Minimum of 1 Director
Minimum of 1 Local Director
Nominee Director Services Available
Minimum of 1 Shareholder
Minimum of 1 Corporate Secretary
Company Name Reservation
Preparation of all necessary documents of your company with the Registrar
Certificate of Incorporation
First Board of Directors Resolution
Provision of Registered Address
Annual Renewal Services
Point of Contact to Receive Notices from Local Authorities
Provision of Company Secretary for 1 year
Additional Services (Variation Order)
Company Rubber Stamp
Bank Account Opening Assistance
Virtual Offices Available
Annual Nominee Director Services
There is no minimum paid-up share capital requirements.
There is no audit requirement for companies with revenues below GBP £1,000,000 and net assets of less than GBP £1,400,000.
No. It is not required for you to be physically present in the United Kingdom for the incorporation process. Our team of experts will assist you every step of the way.
No, if an offshore company earns foreign income from a business operation that is conducted entirely outside of the UK and has no UK source income, it may not be required to pay UK taxes on that income.
However, in general, if an offshore company carries on business or earns income in the UK, it may be required to pay UK taxes. They are required to pay Corporation Tax, Income Tax, Capital Gains Tax and VAT.
Corporation Tax rates are at 19% – 25%.
Income Tax rates can be up to 45%. Dividends are exempted, and no double taxation on dividends throughout the EU.
Capital Gains Tax (CGT) rates are from 18% – 28%, depending on the amount of your taxable income. Non-residents of UK offshore companies typically do not pay CGT with the exception of real estate in the UK.
VAT, or Value Added Tax is at a standard rate of 20% (some exceptions at 5%). Your offshore company has to register for VAT if its annual turnover is more than £85,000. Thereafter, you can reclaim input tax and collect VAT from your clients.
Ready to incorporate in UK? Talk to our experts today and get your UK company up and running in no time!