United Kingdom
The United Kingdom is not an offshore location. Companies are taxed on their profits and capital gains. The current minimum tax rate on profits is 20%. Profits can, however, be mitigated by offsetting various expenses, including Directors fees, against income thus reducing or even eliminating any tax charge. The UK has an extensive network of double taxation treaties.
COMPANY STRUCTURE | |
|---|---|
| TYPES OF COMPANY | Private limited by shares Guarantee Public limited |
| Minimum Number of Directors | 1 |
| Local Directors Required | No |
| Minimum Number of Shareholders | 1 |
| Bearer Shares Allowed | No |
| Registered Office | A local registered office is required |
| Disclosure of Directors/Shareholders | Yes |
| Standard Authorised Capital | £1000 |
| *Time to Incorporate & Supply Documents | 14 days |
| Ready-Made Companies Available | Yes |
| Audited Accounts Required | Yes |
| *This is an estimate of the time taken to incorporate the company, structure it to the needs of the client and deliver the corporate papers. | |
| INDICATIVE FEES | |||
|---|---|---|---|
| Annually | Incorporation | Annual Filing | Domiciliary |
| 1st Year | £225 | £15 | £425 |
| 2nd Year | - | £15 | £425 |
| These are quoted as an estimate of our fees to incorporate a new company and structure it as required. They include all annual charges currently payable. Additional fees will be payable if nominee services are required. A detailed fee schedule will be supplied upon request. | |||