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UK Offshore Company

 

UK Offshore Company

UK

 

UK Offshore Company

UK Offshore Company

  • UK Offshore CompanyThe United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign state in Europe. Lying off the north-western coast of the European mainland, the country includes the island of Great Britain (a term also applied loosely to refer to the whole country), the north-eastern part of the island of Ireland, and many smaller islands. The UK has an area of 243,610 square kilometres (94,060 sq mi), making it the 78th-largest sovereign state in the world and the 11th-largest in Europe.

    The United Kingdom is the 22nd-most populous country, with an estimated 64.1 million inhabitants. It is a constitutional monarchy with a parliamentary system of governance. Its capital city is London, an important global city and financial centre with the fourth-largest urban area in Europe.
    The United Kingdom is a developed country and has the world’s sixth-largest economy by nominal GDP and tenth-largest by purchasing power parity. The country has the 2nd largest amount of external debt, behind only the United states.

    The UK has been a permanent member of the United Nations Security Council since its first session in 1946. It has been a member state of the European Union (EU) and its predecessor, the European Economic Community (EEC), 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 (WTO).

    – Source Wikipedia -.

  • UK Offshore CompanyThe UK has a partially regulated market economy.Based on market exchange rates the UK is today the sixth-largest economy in the world and the third-largest in Europe after Germany and France, having fallen behind France for the first time in over a decade in 2008. HM Treasury, led by the Chancellor of the Exchequer, is responsible for developing and executing the British government’s public finance policy and economic policy. The Bank of England is the UK’s central bank and is responsible for issuing notes and coins in the nation’s currency, the pound sterling.

    The UK service sector makes up around 73% of GDP. London is one of the three “command centres” of the global economy (alongside New York City and Tokyo), it is the world’s largest financial centre alongside New York, and it has the largest city GDP in Europe. The creative industries accounted for 7% GVA in 2005 and grew at an average of 6% per annum between 1997 and 2005.

    .-Source Wikipedia-

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UK Offshore Company

 

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UK Offshore Company

 

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UK Key Company Features
General
Company type Private Limited Company (PLC)
Type of Law Common Law
Requirement for registered office and address Yes, has to be maintained in the UK
Name restrictions Names of existing firms,or names similar enought to
cause confusion. Names in the opinion of the Registrar
considered offensive or undesirable or suggest criminal
activity. Also names that would suggest any type of
patronage to the Royal Family, Central or Local Govornment
in the UK.
Names requiring prior consent Insurance, assurance, bank, building society, benevolent,
chamber of commerce, fund management, loans, municipal,
reinsurance, savings, trust, trustees, university or their foreign
equivalents.
Language of name Can be in any language as long as Latin alphabet is used
and accompanied by certified English translation where
appropriate to ensure compliance. Note that if the company
is registered in Wales, Welsh can also be used.
Allowable suffixes Private (”LTD”) or Private Limited Company (”PLC”)
Corporate Taxation +21%. Consult on our UK Tax report above.
Corporate legislation environment The UK Companies’ house is the regulating authority and
Govorned by the companies act 2006.
Language of legislation and official documentation English and Welsh.
Restrictions on Trading Applies for groups generally described in name restrictions.
Confidentiality There is disclosure of beneficial ownership to authorities
upon incorporation, however, nominee shareholders and
directors can be appointed to avoid disclosure of beneficial
ownership.
Stability Stable juristiction with solid reputation
Formation Time 3-4 days
Bearer Shares Bearer shares are not permitted.
Timezone GMT +1
Share capital requirements
Official currency GBP
Permitted currencies Any
Share capital requirement 1 GBP minimum
Directors
Minimum Directors 1
Requirement for local administrator or Director No
Location of meetings and General Assembly Anywhere
Shareholders
Minimum number of shareholder/s 1
Public records access requirements Yes, names of shareholders and Directors do appear in the
public registry
Company Secretary
Requirement Optional
Local or licensed requirement N/A
Statutory Accounts Requirements
Accounting/Reporting requirements Yes
Annual Tax returns Yes
Requirements for Audit Yes (exempt for smaller companies)
Public Accesability of Accounts No
Incorporation Procedure and Documentation
A certified passport copy (or identity card), as well as proof of domicile (ie utility bill) dated less than three months.Note: It is possible to represent you with a confidential mandate.Click on the below link to be redirected.