Increasingly present in today's world cross-border business development trend, companies are often used to enhance the strength of transnational business, expanding business area. The offshore company incorporated in the enterprise to the world, to conduct international business, enhance its international image, reduce the tax burden on the shortcut, which has attracted many investors to choose the development model offshore company.
United Kingdom (UK) Company Registration : Available in major financial markets around the world and Hong Kong-listed; international legal status of high, by the Commonwealth Government in the protection, recognition of excellent; if not in the UK business, completely free.
Geography :
Britain is the island of Great Britain and Ireland and around the northeast of the island nation composed of many islands. East near the North Sea, in the face of Belgium, the Netherlands, Germany, Denmark and Norway; west of Ireland, across the Atlantic and across the United States, Canada, distant relative; North over the Atlantic Ocean up to Iceland; south through the line 33 km to the English Channel to France.
Economy :
Britain is a veteran of the industrialized countries, agriculture in the UK economy does not account for important proportions. In industrial production, only the rapid development of oil and natural gas. British Steel was the most viable sector, the automotive industry is still a major component of the British economy, but also the entire European automobile industry has become an integral part.
Britain is a high degree of openness of foreign countries, the annual import and export value in its domestic department occupies a large proportion. Each year, about 26% of UK food and raw materials imported from foreign countries, dependence on the world economy bigger. Major export items are machinery, semi-manufactured goods and industrial products.
Advantage of British companies set up
● No tax matters (subject to local sales outside the UK)
● set up cost is not high
● Low maintenance cost per year
● tax arrangements to facilitate
● registered capital of no place
● sound legal system and very stable
● brand building, reputation and high confidence in the reliability
● a shareholder, directors can be incorporated in the British company, and shareholders, directors and stateless limit
● any bank in the world can open a bank account
● follow-up service is simple, good corporate image credibility, confidentiality, high international status
UK Company Registration and Maintenance
● Shareholders: At least one shareholder, the shareholders may be individuals or legal persons, and stateless limit.
● Director: at least one of the directors, the directors can be of any nationality can not live the United Kingdom.
● registered capital: the number of shares subscribed by the shareholders: According to British company law, shareholders of at least one person only, the minimum registered capital of £ 1, the general British company with registered capital of 1,000 pounds.
● Company Secretary: According to the British company law, each company must set up a UK company secretary, the secretary must be a person of abode in Britain to deal with the local legal documents.
● Registered Office: All UK companies are to have a registered office in the United Kingdom.
● Name restrictions: Company name must be short or 『』 『Limited Ltd.』 For the end.
● Company History: Company must report to the relevant department head of the main information and changes.
British companies set up to provide the following information:
(1) shareholder / director of information (in English and Chinese name, residential address, nationality, occupation and number of shares; the shareholders of ID card or passport);
(2) Nature of business: customers must brief the major new company business.
Registered customers available documents include:
(1) Registration Certificate (Certificate of Incorporation) - 1 张
(2) Memorandum and Articles of Association (Memorandum and Articles of Association) - 7 copies of copies of Vice
(3) the combined company register (Combined company register)
(4) The first Board meeting (Minutes of first meeting)
(5) The second Board meeting (Minutes of second meeting)
(6) share transfer form (Stock transfer forms)
(7) to give up the right to file (Renunciation documents)
(8) the company symbol, offset seals (Company seal)
(9) legal forms (Statutory forms)
Appendix: Comparison with other registration:
UK UK |
Nevada Nevada |
Delaware Delaware |
|
Minimum number of shareholders |
A |
A |
A |
Minimum number of directors |
A |
A |
A |
Corporate directors permitted |
Not allowed |
Not allowed |
Not allowed |
Standard authorized share capital |
Not applicable |
Not applicable |
Not applicable |
Taxation on offshore profit |
Non-local business: Zero |
Zero |
Zero |
Add Chinese name |
Can not |
Can not |
Can not |
Type of Company |
Guarantee Company |
Co., Ltd. |
Limited Corporation |
Is the British justice system |
Is |
Is |
Not |
Registered office |
Need |
Need |
Need |
Submit annual returns |
Need |
Need |
Need |
Submit audited accounts |
Need |
No |
No |