COMPANY REGISTRATION SERVICE IN UK !
Setting up a company in the UK takes just about 24 hours. It is not necessary for the shareholders or the director to be residents of the country. One person will be essential for incorporating a limited company model, and for its formation, there will be a single shareholder and director. Shareholders, as per UK law, can be corporate entities.
Forming such a company type in the UK comes with the primary advantage that shareholders are safeguarded by the company’s limited nature in the event of debt incurred by the business or its failure. Additionally, corporate names are protected by the UK, preventing other entities from using the same once accepted by the Companies Registrar. However, a few restrictions apply, such as avoiding names suggesting links with existing institutions or indicating government connections. Local registration is mandated by the UK, ensuring compliance and regulatory adherence.
Shareholders are not necessary for limited liability partnership company formation. Incorporating such a type of benefit includes a wide range of flexibility when compared to a private limited company. There are also no ethical liability limitations or directors. Limited liability partnership, unlike limited liability companies, is not known to entail articles of association or memorandums of association. Also, restrictions are not imposed on holding and owning properties. The UK company is not provided with a VAT number automatically. However, if the plan is to start a business in the United Kingdom, then it is deemed necessary.
The UK has entered into several tax agreements. In the event that a tax treaty exists between nations where business is the major economic activity, including the UK, then agreement terms are likely to apply. Again, if taxes are currently paid by the company to another company, then it is likely to be regarded as a UK tax resident. If no tax treaty exists, as in a few cases, such companies in the UK are offered unilateral double tax relief.
Business entities in the UK to Setup Company
HOW MANY TYPES OF COMPANIES ARE THERE IN THE UK?
COMPANY FORMATION SERVICE IN UK
How company Formation / Registration / Incorporation Works
- Blackswan collects customer documents from shareholders, directors, and beneficial owners of the UK entity and, at the same time, advises our customer regarding the optimal type of entity to setup or incorporate in the UK. Blackswan also provides full details of the company formation process to customers.
- After receiving the engagement fee, we proceed to develop a concise project plan for the UK business setup project. Additionally, we draft a detailed business plan to ensure a comprehensive understanding of our clients’ business activities and any licensing requirements they might have.
- A capital account is not necessary to open a bank account for the UK company setup. When the issued share capital of the entity is below £100. A capital account is required if you are planning to set up a company in the UK with a large amount.
Setup Your Business in UK at Low Cost
Company Formation / Incorporation Steps in UK
- We provide incorporation forms (IN01) to our clients for signature.
- The registration application form is then filed with Companies House.
- We also provide VAT and PAYE registrations for the entity.
- Finally, you get the certificate of incorporation from the Companies House.
- Once the company incorporation process in the UK is complete, the next step is to apply for a corporate bank account with local banks in the country. We help our customers get corporate bank accounts in the UK. Please note that clients are not required to travel to the UK for that process; we do it all on behalf of your company.
- We provide guidelines and support to get business premises or a virtual office in the UK. We help in the recruitment process for both local and international employees based on your requirements.
- We help in providing necessary business licenses based on requirements to run a successful business in the UK.
- Once the above process steps are completed, our team couriers all corporate documents of the entity to our client.
DOCUMENT SAMPLE WILL BE PROVIDED
Documents required for incorporation Business in UK
- Company name and address
- List of activities to setup business
- Full details of the director and secretary
- Details of the person with significant control
- Details of Share Capital and Shareholder
- Standard industry classification
BANK ACCOUNT OPENING IN UK
We help you in opening Corporate Banks account for non resident in UK. Given below are few banks which we deal with.
- HSBC – Business Account
- Tide Banking – Business Current Account
- Bank of Baroda Mauritius
- Holvi – Business Account
- CashPlus – Business Current Account
- Yorkshire Bank – Business Current Account
- Clydesdale Bank – Business Current Account
- ANNA – Business Account
- Revolut – Revolut for Business
- CashPlus – Business Current Account
- Bank of China – Business Current Account
- City Bank – Business Current Account
WHY BLACK SWAN BSS ?
We have initiated the Business Setup service with the objective of providing you with the necessary assistance to incorporate your business in the UK without any hassle. We do offer a variety of services, encompassing company incorporation, accounting, registration, bookkeeping, tax consultation, and legal advisory. This comprehensive support ensures your successful establishment in this new endeavor. Additionally, our professionals, highly committed and possessing ample experience in the domain, excel in setting up businesses across diverse industries, promoting a culture of quality professionalism.
We do provide proactive learning given the fast-changing global environment and have the capability to come up with innovative strategies. Thus, we offer you the much-needed competitive edge needed in today’s intensely competitive business environment. Besides being a promising place to incorporate a business, the UK is also a pleasant place to reside.
At Black Swan, our unwavering commitment extends to assisting businessmen, corporate companies, and global investors in establishing companies here, ensuring optimal utilization of the benefits presented by a developing economy like the UK. Furthermore, our experts offer comprehensive support, guiding through licensing and visa formalities, facilitating seamless banking processes, and laying the necessary groundwork to set up new business operations. Then, this approach ensures alignment with your corporate objectives and vision, positioning you for success in the dynamic business landscape.
