UK company registration process

Bank account opening

The procedure for opening a British company account is very simple. Customers can choose to open an offshore account in a mainland bank (Shenzhen, Guangzhou, Shanghai, Beijing, etc.). You can also choose to open an account in a local bank in Hong Kong (HSBC Hong Kong, Hang Seng, Standard Chartered, etc.).

British bank account opening time

Different banks have different account opening times, usually about 2 weeks.

British bank account opening appointment

Generally, before opening a bank account, you need to make an appointment with the relevant bank personnel in advance. After the appointment is completed, you can arrive at the bank at the designated time according to the appointment number!

What are the benefits of registering a company in the UK?

1. The registration time is short, usually within 7-10 working days;

2. The registration flexibility is great, as long as your company is It is a limited liability company and can be registered if it does not violate British company law. It can be registered starting with "UK UK)" or containing sensitive words such as "Investment)", "Association", "College)", etc. At the same time, there can be one shareholder or multiple shareholders, regardless of nationality. In addition, the registered capital can be from 1 pound to 1 million pounds, which is left to the shareholders to decide without actual capital contribution;

3. The required materials are few and generally only the shareholders need to fill in the company's registration application form. Yes, no documents are required;

4. The information is public and easy to query. Generally, the registration information can be found on the British Industrial and Commercial Bureau website within 24 hours after the registration is completed. The British Industrial and Commercial Bureau opens at 7 a.m. UK time Provide free online inquiry service from 12:00 to 12:00 at night;

5. Legal BI tax, no need to pay any tax;

6. Open an offshore account, send and receive all kinds of foreign exchange freely HUI;

7. Invest in the UK and EU in the name of the company. Take the British real estate market as an example. Between 2003 and 2004, house prices increased by an average of about 2-3% per month compared with the same period last year. Investing in real estate in the UK as a Chinese citizen is often subject to various restrictions, but investing as a British company can enjoy The same rights as all other British companies;

8. Pave the way for investment and study abroad. A company registered in the UK can provide strong assistance to the company's shareholders when they travel to the UK for inspection. According to the regulations of the British Ministry of Home Affairs, any overseas investor has the right to regularly travel to the UK to conduct inspections, evaluations and other work on his investments in its territory. This will simplify the tedious visa application process;

9. Establish the international image of the company. From the perspective of global economy and capital operations, the UK is the second largest financial center after the United States. Coupled with its important position in Europe and close economic relations with North America and the entire Commonwealth, British companies often have a better reputation in the world;

10. There are opportunities in the British FTSE, Listed in Hong Kong or the United States. As an established capitalist power and a pioneer of Western liberal economics, British companies can be listed in any Western country under a completely fair and open auditing system. Although China's national economy has developed rapidly after reform and opening up, its market economy system still remains It is not recognized by most countries, so it is relatively difficult for Chinese companies to list overseas;

11. As an old capitalist country with an extremely developed economy and legal system, the UK's degree of free trade will be relatively high. For example: From a macroeconomic perspective, the British government does not allow direct use of administrative means to intervene in the economy, which gives investors great freedom. In terms of general trade, the United Kingdom has a more relaxed import and export policy than the United States. Under normal circumstances, all goods entering the United Kingdom can be cleared within 24 hours, but in the United States, they often have to wait a week or even a month;

12. The close relationship between the UK, the United States and the EU gives investors more trade opportunities and space than other countries.

As a member of the European Union, the United Kingdom plays a pivotal role in the European economic circle. At the same time, the close trade and political relations between the United Kingdom and the United States enable investors in its territory to compete with North America and Europe, the two largest economies in the world. The strongest economies have reduced many barriers to trade.