What should I do to register an overseas company? You will understand after reading the registration of overseas companies compiled by Xiaobian! The article is shared with everyone, welcome to read, for reference only! A detailed analysis of the registration of overseas companies in the UK
How to register companies in the UK:
The Companies Act p>《1985 provides for the registration of companies in the UK. Although the names of commercial organizations are determined according to certain rules, registered companies do not need to obtain permission. However, companies engaged in regulated industries such as finance, national defense and oil exploration must obtain licenses or government approval before starting business.
Advantages of registering a British company:
1. Bank accounts can be opened in Chinese mainland, Hongkong and Britain;
2. The annual maintenance cost is low, the tax arrangement is convenient, the information is open and the credibility is high;
3. It's legal not to pay taxes if you don't do business in the UK.
4. It can be listed and financed in major financial markets around the world and Hong Kong, relying on? Empire when the sun never sets? Famous;
5. It has a high international legal status and is protected by the Commonwealth Government.
Types of British companies (four types of companies are stipulated by law)
(1) Private joint-stock limited liability companies: the responsibilities of members are determined by the number of shares they hold;
(2) Private guarantee limited liability company: the responsibility of members is determined by the amount of contribution they promise to the company's assets;
(3) Private unlimited liability company: the liability of company members is unlimited;
(4) listed companies: the shares of the company are offered to the public. Only listed companies can sell shares to the public.
for most businesses, the most common type is the joint-stock limited liability company, which is divided into two forms, namely, private limited company and listed company. Many overseas companies will choose the form of private limited companies. Overseas companies can set up a joint-stock limited liability company in Britain in two ways: a wholly-controlled subsidiary (the overseas parent company owns 1% of the shares of the company) or a joint venture (the shares are jointly owned by different participants). Basic requirements for registering a British company:
1. Name requirements for British companies: Names must end with' LIMITED company', such as Limited, CO.,LTD, CO.,LIMITED, and cannot end with' trust company',' bank' or other words with similar meanings, unless these companies have obtained corresponding licenses in the UK.
2. Registered capital of a British company: the standard capital is 8, pounds, which is divided into 8, shares, and each share is 1 pound. There is no need to verify the capital, and if it is higher than this amount, an additional printing fee of five thousandths (.5%) will be paid.
3. Directors/shareholders of British companies: one or more, which can be legal entities or natural persons of any nationality.
4. Registered address of UK company: The registered address must be in the UK (provided by our company).
Procedures for registering a British company:
1. Provide the English name of the company, which cannot be in Chinese (our company can check the name for free, which takes one working day);
2. Provide the registered capital of the company. The standard capital of the company is 8, pounds. If it exceeds this amount, a printing fee of five thousandths (.5%) pounds is required.
3. Sign the power of attorney for registering a British company and fill it in? British company registration form? , and provide copies of ID cards or passports of all shareholders (over 18 years old) (if the shareholder is an enterprise legal entity, provide a copy of the business license of the entity);
4. The registration service fee is GBP 1,5, and 5% of the payment must be paid in advance before application (including the payment of government fees, documents and materials fees, seal fees, attorney fees and agency service fees);
5. After about 1 working days, the new company has completed all the formalities, and the client has paid off the balance and received the new company information.
Annual maintenance of British companies:
1. Annual maintenance service fees of British companies;
government license tax: GBP 25 (government fees are subject to change);
Annual declaration data, registered address: GBP 2, and registered agency fee: GBP 1;
2. Continue to provide the registered address of British companies.
information on the completion of registration of British companies:
(1) a letter of certification from the industrial and commercial bureau;
(2) one copy of the British company registration certificate;
(3) 1 minute of the first meeting;
(4) 1 status report;
(5) 2 shares of the company;
(6) One copy of the company meeting minutes;
(7) 5 copies of the Articles of Association;
(8) 3 official seals;
(9) One copy of the operating specifications of British companies;
(1) One application form;
(11) One piece of registration card with hand-made mahogany frame on the metal plate in Britain;
(12) 1 card;
Additional related services:
1. British companies open bank accounts in foreign banks in Chinese mainland;
2. British companies apply for trademark registration in Britain or other regions. Notes for registering a British company
1. Place of registration: The above procedures apply to companies registered in England or Wales. If the company is established in Scotland or Northern Ireland, it must be registered locally. The laws and regulations of Scotland are very close to those of England and Wales, and the laws and regulations of Northern Ireland are basically the same, but there are still many differences. It is recommended to consult experts.
2. company and business name: the choice of company name is restricted by relevant regulations. If it is not allowed to register with the same name as the registered company, the words implying the connection with the royal family and the government will be restricted.
3. other types of registered companies: partners, limited partnerships, limited liability partnerships (LLP), joint ventures, independent businessmen, etc.
4. Company registration is highly professional, so it is recommended to consult lawyers, accounting firms and other professional institutions to interpret the registration of Hong Kong companies.
Conditions for registering a company in Hong Kong:
1. One or more shareholders;
2. All shareholders must be over 18 years old (no restrictions on household registration, nationality or region);
3. All shareholders must produce valid ID cards or photocopies of passports;
4. If an enterprise as a legal person is a shareholder, the enterprise as a legal person must submit a business license and a copy of the ID card of the legal representative;
5. The minimum registered capital is HK$ 1,, without capital verification.
6. Registered address can be provided in Hong Kong (we can provide multiple business addresses for guests to choose from);
7. Appoint a Hong Kong person or a Hong Kong company as the legal secretary of the company; (generally provided by us)
8. Must engage in legitimate business; Advantages of registering a Hong Kong company
Having a sound legal system
Taking advantage of Hong Kong's popularity, it is easy to obtain international credit
As an international financial center, it has diversified financing channels
No foreign exchange control, free access to funds, various foreign currencies can be exchanged and transferred at any time, convenient and fast L/C business
Unlimited business scope, simple follow-up services
Simple tax system and low tax rate (only involving profits tax, The tax rate is 16.5%)
Profits tax only needs to be declared once a year
Registration method and time required
A shareholder and director who has reached the age of 18, a legal secretary (who is a Hong Kong permanent resident or a Hong Kong company)
A registered address in Hong Kong
Choose electronic? Easy to register? How to register (it takes 1 day)
To register a brand-new Hong Kong limited company (it takes about 6-8 days)
To buy a ready-made Hong Kong company (that is, a shell company, it takes about 2 days) Recommended reading: How do foreigners register a company in the United States
First of all, anyone can set up a company in the United States, and applying for a company does not require American identity.
people abroad can also apply to set up a company in the United States. According to American law, people anywhere in the world can set up American companies. For example, someone lives in Chinese mainland and wants to set up an American company. He or she can hire an experienced accountant or lawyer in the United States to go through the formalities of establishing a company.
if the company does not operate in the United States, it does not need to pay any federal taxes. However, it still has to pay the state maintenance fee. If a company plans to sell its products to American companies through the Internet or export channels, it does not need to set up an American company. However, American consumers prefer to shop from American companies rather than overseas companies. Therefore, the establishment of American companies may be beneficial to marketing.
where to set up the company? If the company is not going to set up an office in the United States, consider setting up an office in Delaware or Nevada. If the company plans to set up an office or hire staff in new york, it can 1) set up a company in new york; 2) Set up a company in Delaware or Nevada, and then register to do business in new york.
how to choose the company type? Many foreign companies in the United States often choose limited company (corporation) because it is easier for such companies to join new investors and it is possible for them to go public in the future. Corporation has to pay corporate tax, and shareholders have to pay the dividends as personal income according to the personal tax rate. These two levels of taxation are called double taxation. If the company does not distribute dividends, shareholders do not need to submit personal tax returns.
another common company type is limited liability company (LLC). LLC allows everyone to report the company's net income on personal tax return forms. This kind of company only pays taxes for individuals, and the company does not need to pay taxes but has to pay the state's maintenance fee.
according to the U.S. tax law, a nonresident cannot be a shareholder of a smallcorporation. Therefore, non-American residents cannot choose S-type companies. Companies that are not residents of the United States pay taxes in doing business in the United States in the same way as American companies. If you are a non-American resident, you can just pay taxes on your income in the United States. If you are an American resident, you have to pay tax not only on your income in the United States, but also on your income outside the United States.
American residents (in the sense of tax returns) are not determined by whether they have a green card or citizenship, but by the number of days you have lived in the United States. For example, if you lived in the United States for at least 31 days last year and for at least 183 days last year, the year before last and the year before last, you are considered as an American resident. However, the calculation method is different in different years. Last year, I lived one day at a time. The day before last year can only be counted as one third, and the day before last year can only be counted as one sixth.