
We provide UK company formation for residents in China. An UK company does not offer the advantages of conventional offshore companies, since its profits are taxed even if realized out of United Kingdom. Therefore, it cannot be used as tax heavean. It can however be useful to take advantage of the UK position as a global financial center, and to facilitate payments for companies with operations in UK or Western Europe.
The type of company is the Private Limited Company (LTD)
Incorporation requirements
-One (1)director or more
-One (1) shareholder or more
-Director and shareholder can be the same person.
-Corporate Directors: NOT ALLOWED
-Local shareholder & director: not required
-Corporate secretary: YES
-Local registered office: YES
-Annual return: YES
-Audited financial statements: YES
Capital structure
-No minimum or maximum issued/authorized share capital
-Minimum issued capital: one share
-Standard authorized capital: GBP10,000
Tax structure
UK private limited companies are taxed on their offshore profits at a rate of 19~33% depending of level of income realized. Contact us for details on the tax rate.
Confidentiality & Privacy
Names of owners of a company registered in the UK are shown on the incorporation documents and are accessible from the public record. Nominee services are available for privacy.
Our service
The registration of a limited company in the UK can be made within one day, however it will take around a week to receive all incorporation documents. The total cost is USD750. The registration package includes:
-UK company name search
-Applying for business registration
-Documents preparation and submission (Articles of Association, Memorandum, company minutes etc.)
-Payment of first year government fees
-UK nominee secretary service (one year)
-UK bank account (minimum deposit to be paid separately)
-Filling the application at the UK company house
-First year registered office fees
-Express delivery to your mailing address
-Our service charge
You will need to fill a form and provide a copy of your passport.
Upon registration completion, you will be receiving:
-A certificate of incorporation
-The Memorandum and Articles of Association
-The minutes of the first meeting of the board of directors
-The share certificates
-The corporate seal
Renewal & maintenance
The annual cost from the second year is USD600.