Offshore Company in UK
Jurisdiction Advantages
As businesses continue to expand and explore new markets, more and more entrepreneurs are turning to offshore companies as a means of expanding their global reach and increasing their profits. The United Kingdom, in particular, has become a popular destination for offshore businesses due to its favourable tax laws, streamlined business regulations, and robust financial infrastructure. However, navigating the process of setting up an offshore company in the UK can be complex and challenging, especially for those unfamiliar with the country’s legal and financial systems. That’s why we’ve put together this comprehensive guide to help entrepreneurs unlock the benefits of setting up an offshore company in the UK. From exploring the advantages of offshore companies to understanding the legal requirements, this guide covers everything you need to know to get started on your offshore business journey.
The UK is one of the most straightforward and flexible jurisdictions to form an offshore company in UK. United Kingdom Company Formation is very easy thanks to its Common Law legal system and low management fees. Having 110 bilateral treaties, the United Kingdom has one of the best tax treaty networks in the world for offshore companies.
- Convenient Incorporation
- Incorporation in Less than 72 hours
- No Minimum Authorized Capital
- 2-3 Days Incorporation Time
- 20-23% Taxation
- ✓ Auditing & Accounting
- ✓ Annual Returns
Offshore Company in UK
$349.00
You will Get
The Process
How Does it works?
Order your company online.
Submit KYC Documents.
Your Company is Incorporated.
Your Company is Incorporated.
Key Information You Need To Know
Below are the services included in the package :
Shipping of the original documents to your address will require an extra charge of courier fees , please refer to optional services above.
For Each Director , Shareholder & Ultimate Beneficial Owner
Please provide below, if the company has corporate shareholder :
All the documents must be presented in english , if the document is not in english , a certified translation in english will be required.
b>Min Directors/ Shareholders – 1
Taxation Corporation tax is paid by limited companies on their taxable profits. Since 2015, this main corporate tax rate has been set at 19% (previously this rate was dictated by the size of a company’s profits). Rates differ slightly for ‘ring fenced’ companies (i.e. companies that make profits on oil rights or oil extraction) and certain trusts and investment firms.
Accounting : Companies House will send a ’shuttle’ annual return form to a company’s registered office each year containing details of the information held on the Companies House database. This should be checked and amended as appropriate. Any additional information required – such as current share capital and details of member -, should be provided, and the signed form returned to Companies House within 28 days of the date shown on the form. If it is late, the company and its directors and secretary are liable to prosecution.
The first annual return must be made up to a date not more than 12 months after incorporation. Further returns should be at intervals of not more 12 months. A company must have an auditor, and accounts must be filed each year with Companies House. Small companies can prepare abbreviated accounts, and exemption from audit can be claimed.
Share Capital There is no statutory minimum or maximum capital for a private company. It is now possible to set up a company with only one member and for that member to have only one share, but this is exceptional. Share capital is usually £1,000 or above.
Recurring/Annual Fees – Annual Renewal Fees – $1300 , includes below :