Choosing the UK for company incorporation not only provides financial benefits, but is also a means of protecting yourself against potential trading losses in today’s ever-changing economic climate. The procedure for setting up a private company in the UK is relatively straightforward and with our assistance, it can be completed within a matter of hours!
First, you must register with Companies House, known as “incorporation”. In order to do this, you need a company name and address, at least one director and a minimum of one shareholder. Then, a “memorandum of association” must be drawn up. This is an agreement of all the initial shareholders or subscribers to create a company. A “statement of capital” is required, detailing the company’s shares and the rights attached to them, plus the written rules of how the company is to be run, known as “articles of association”. Details of anyone with significant control over the company, such as anyone with more than 25% worth of shares, are required.
Finally, your standard industry classification needs to be determined by means of the SIC code, a number categorising what your company does. Once these requirements are fulfilled, you’ll receive a “Certificate of Incorporation” to confirm that your company legally exists, showing the date of formation and your company number.
By following this procedure, you’re able to set up a company smoothly and easily in the UK. What’s more, it can all be done online, in a matter of hours. The days of waiting weeks until Companies House has processed the paperwork are long gone and the cost of incorporating can be offset as an allowable expense against corporation tax. There are plenty more advantages to company incorporation in the UK, not least of which are the benefits of legal and financial incentives, whatever the size of your company.
Private investors and corporations from all over the world can take advantage of setting up a private company in the UK, a country that has a good relationship with other nations across the globe. With no major political, territorial or financial issues, the UK is able to offer helpful banking regulations, competitive taxation rates and a good relationship with financial institutions around the world.
The Companies Act 2006 made it easier to run a limited company. The legislation was introduced to support the government’s ongoing quest to promote enterprise, giving well-run companies more freedom to promote and grow their businesses, rather than getting bogged down with administrative formalities.
Titoff Realty Ltd is the leading provider of UK company formation services, assisting individuals, organisations and businesses who require a reliable, trustworthy service. Hundreds of satisfied clients have trusted us with their investments, as we provide an immediate solution.
Often, we’re able to conclude the arrangements within just 24 hours. There’s no need to wait for weeks when you appoint us to handle your investments.
We also provide assistance with offshore bank accounts and virtual office services, so you will be guided through the complete process of UK company incorporation.
We’re the ideal choice, as we know the territory well and speak the English language perfectly too.
Here at Titoff Realty Ltd, we’re proud to offer a comprehensive range of services to ensure that your business achieves all of its goals. We’re looking forward to working with you to assist in establishing your UK company today.
Our services include ready-made companies, registered address service, assistance with offshore bank accounts, registered agent service, International Business Companies (IBC) incorporation and virtual office services.
If you’re unsure about your personal requirements, please don’t hesitate to contact us for advice and help. We’ll be delighted to evaluate your specific situation to ensure the optimum solution for you and your business.
Titoff Realty Ltd can help you to incorporate your company in the UK, thanks to our complete packages, with prices starting at just $400 (USD). We’re proud to offer the most cost-effective solutions on the market.
We can achieve offshore incorporation in only a few hours. With our professional assistance, you can enjoy the benefits of UK company incorporation by the end of the day. Don’t hesitate to contact us for a free, no obligation chat about your requirements. You don’t even need to visit the UK!
The UK has enjoyed a long history of peace and is known to be a stable, independent, democratic country, with a legal and political system derived from English Common Law. The UK is an ideal place to conduct business, as English, the primary language, is lingua franca in many locations across the globe. The UK has easy access to world markets and for business travellers, the capital, London, is reached by daily flights from any destination.
In terms of company incorporation, a limited company is a separate legal entity from its owners, so any profits arising from the business are taxed differently from a sole trader’s or partnership’s profits, presenting opportunities for careful tax planning. The owners or managers are taxed only on the income they take from the business, such as dividends and salaries. This is an advantage over unincorporated businesses, as these are deemed to be the proprietor’s possession and therefore he or she is taxed on the full profits earned by the business, regardless of how much is drawn out from it for personal use.
The remaining profits in a limited company, after corporation tax is paid, can be extracted by the shareholders in several ways, presenting greater opportunities for tax planning. The company can declare dividends that can be paid to the shareholders. These are not subject to National Insurance. Remuneration planning can be tailored carefully to meet the individual business’s requirements and circumstances. An incorporated business has much more scope for tax planning and more options for employee incentives.
In general, UK company incorporation can result in significant tax savings, especially for businesses who intend to re-invest profits back into the business to fund future growth. Limited company shareholders enjoy limited liability status. This means that their risk is limited to the amount of their investment and isn’t unlimited.
For further information on choosing the UK for company incorporation, contact our friendly, professional team of advisors here at Titoff Realty Ltd for a no-obligation chat on how we can help you.