The UK is one of the most straightforward and flexible jurisdictions to form an offshore company. 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 network in the world.
The advantage of choosing United Kingdom to incorporate your company is that for offshore entities, corporate income tax can be reduced up to 3% or 4% and VAT does not apply.
The LTD (Limited Company) is the most popular type of company in UK. When choosing this type of entity you are able transfer shares or bring in other investors or shareholders compared to a PLC (Public Limited Company) which is a company with a single partner and shareholder.