General information: uk-map-bigThe United Kingdom has double taxation treaties with over 110 treaties and is a world known investment center. It continues to be a good location for companies that need a European presence.The UK is a developed country and has the world’s sixth-largest economy by nominal GDP and eighth-largest economy by purchasing power parity. It was the world’s first industrialised country and the world’s foremost power during the 19th and early 20th centuries. The UK is still referred to as a great power and retains considerable economic, cultural, military, scientific and political influence internationally. It is a recognised nuclear weapons state and its military expenditure ranks fourth in the world.The UK has been a permanent member of the United Nations Security Council since its first session in 1946. It has been a member of the European Union and its predecessor the European Economic Community since 1973. It is also a member of the Commonwealth of Nations, the Council of Europe, the G7, the G8, the G20, NATO, the Organisation for Economic Co-operation and Development (OECD) and the World Trade Organization.
Currency: British Pound
Language: English
Type of law: Common law
Type of Company: Private Limited
Principal Corporate Legislation: Companies Act 1985; Companies Act 1989; Companies Act 2006
Uses: Commercial and trading activities, subject to the following trading restrictions:

  • Cannot undertake business of banking, insurance, financial services, consumer credit or any other activities associated with the finance industry.
Company name:
  • Similar or identical to existing company, name that suggests the patronage of the Royal family or implies an association with the government of UK.
  • Names which include the words assurance, bank, building society, insurance, reinsurance, etc. or equivalents in foreign language requires the approval of the Secretary of State.
Taxation: 21% – 28%
Double Tax Treaty Network: Party to double tax treaties with many countries
Registered Agent / Office: Must maintain a registered office address within the UK
Shareholders:
  • Minimum one
  • Publicly accessible records
Disclosure of Beneficial Owner: Not publicly available
Directors:
  • Minimum one (minimum of one natural person)
  • No restriction on nationality
  • Publicly accessible records
Secretary: No restriction
Share capital:
  • Any currency
  • Minimum paid up capital is GBP1.
Annual Reporting: Annual return, annual accounts and tax returns.  Small companies can claim exemption from audit.