United Kingdom - The Benefits
Why form an UK Limited Company?
There are many advantages in setting up a UK limited company including benefiting from the reputation of the UK as a well resepcted and well regulated jurisdiction. Non-resident investors can benefit from several tax-breaks. The key benefits of a UK Limited company are:
- Low Cost - UK limited company costs start from US$500.
- Speed - A UK limited company can bet set up almost instantly.
- Nominee Shareholders - nominees are permitted and we can provide corporate shareholders.
- Corporate Directors - corporate directors are permitted and we can provide these if required.
- Separate Legal Entity - A limited company has its own existence and thus distinct from its shareholders and directors.
- Limited Liability - Liability of the shareholders is restricted to the amount unpaid on any shares issued to them. Personal assets of the shareholder cannot be used for company's debts payments.
- Company Name Protection - The name is protected by law and no one else is allowed to use it in that jurisdiction.
- Tax Benefits - Company pays corporation tax on company's profits after all expenses.
- No Obligation to trade within a time period - After a UK Company is incorporated, there is no obligation for it to start trading within a set time period.
- Low Taxes - Relatively low corporate taxes and VAT rates.
- With-holding Taxes - No witholding taxes on dividends paid to non-resident shareholders.
- EU Benefits - All the benefits of EU membership .
- Flexible Laws - Flexible and friendly Company Laws with regard to registration, capital, filing requirements etc.
UK - Confidence
Operating as a limited company often gives suppliers and customers a sense of confidence in a business. Quite often, larger organisations in particluar will prefer not to deal with non-limited businesses.