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How it Works?

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How it works?

How it works?

Upload your personal documents
Company gets registered
Additional services such as Bank account are processed
receive your company documents by courier
 

Banking Options

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UK Company
Good to Know
UK companies can be used in tandem with an offshore company to enjoy a tax rate of less than 5%. This type of structure is commonly known as an "Agency Company", where an onshore company acts as nominee or agent for an offshore principal. This set-up offers an onshore “face” with all the offshore benefits.

Main Characteristics
Company type
Private Limited Company.
Governing corporate legislation
UK companies are regulated under the Companies Act 2006. The UK Companies House is the governing authority.
Information published relating to company officers
Upon registration of the company, the names of company officers will appear on public record. A register of “people with significant control” has been in force since the 6 April 2016
Accounting requirement
Accounts and tax filing must be submitted by year-end.
Taxation
A tax rate of 21% applies for profits below £300k. For profits exceeding £300k a bracket applies (see http://www.hmrc.gov.uk/rates/corp.htm for details).
Standard currency
GBP
Time to form
The UK has a fast and efficient registry. Company formation can be processed electronically within a day.
Stability
Very stable jurisdiction with an excellent reputation.
Communication
Good communication means.
Time zone
Convenient time zone (GMT).
Secretary required
Yes
Paid up capital requirement
Minimum share capital: £1.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal system
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director and 1 shareholder.
Bearer shares
Bearer shares are not permitted.
Additional Facts
A UK company can act as an agent for a foreign company / also known as UK Agency structure.
Documents Required
for the Creation of the Company
A certified copy Certification of the passport can be made by a notary, bank, lawyer or accountant. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport (or identity card), as well as a proof of domicile dated less than three month, a bank reference letter, a Curriculum vitae and a signed business plan.**






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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.