The United Kingdom has left the European Union, but it still maintains a very important economic position in Europe, and London's status as the world's financial center remains unchanged. At the same time, in order to build a global Britain after Brexit, the British government has signed post-Brexit free trade agreements with Australia and other countries. Coupled with the geographical and location advantages of the UK, if the company's products or business want to enter the European and American markets, registering the company in the UK is still a good choice.
Advantages of British companies:
1. The registration process of British companies is simple, the requirements are loose, the registration time is high, and the annual maintenance costs are also very low in the future. Offshore business only needs to be done every year A good annual review is enough.
2. When registering a company in the UK, the registered capital does not need to be actually in place, nor does capital verification need to be carried out. There is no upper limit
3. As long as the company does not operate business in the UK, a company registered in the UK All are exempt from taxes and do not need to pay taxes, which can legally reduce the cost of corporate tax expenditures
4. British companies can establish the image of international enterprises and open up international markets; with British companies, major financial institutions around the world can Both the market and Hong Kong listed financing can provide a lot of convenience
5. There are no foreign exchange controls in the UK, capital can enter and exit freely, companies can freely open accounts, and can apply in the mainland, Hong Kong or other overseas regions Bank account
Information and procedures required for registration:
1. Provide the name of the company. The name of a British company can only be in English, not Chinese, and must be "limited" in English. "Company" at the end, it can be "LIMITED", "CO., LIMITED", "LTD", "CO., LTD", etc. Words such as "Trust", "Bank", "Royal" and "Government" cannot be used unless the company has obtained the corresponding license and qualification certification in the UK.
2. Determine the registered capital. The registered capital of a British company is at least 1 pound. Most will choose between 10,000 and 1 million pounds. The registered capital does not need to be actually in place for capital verification. It can be based on the actual situation of your company. To determine the appropriate registered capital
3. Provide the front and back of the ID cards and passports of directors and shareholders. If they are corporate shareholders, provide the company registration certificate and the latest annual review documents
4. Select the business scope of the company. There are no big restrictions on the business scope of British companies. They can operate any legal business. When registering, you can select 3-4 business scopes that match the company from the economic activity classification table SIC p>
After the above information is ready, registration can be submitted to the British Companies Registration Office. The government review is completed and the registration certificate is issued, which will take about 5-7 working days.
After registration is completed, you will receive the company registration certificate, registration form, company articles of association, original seal, steel seal and other materials delivered by post.