Advantage of UK Companies
The procedure of registered company in UK is easier. The registered capitals are not need to be paid up. No operation in UK no sales taxes. The cost for annual maintenance is lower, taxes declaration is convenient. Tax has been easy to arranged; To open bank account in HK.
Companys name must be in English only and ended up with “LTD” or “LIMITED”. Words like “INTERNATIONAL”, “INDUSTRY”, and “INVESTMENT” etc. would be able to appear in the company name; but some sensitive words such as “loyal or princess” should be avoided.
There is neither minimum nor maximum registered capital for an UK company, but 1,000 pounds is recommended to set up a new company. The government levies 0.5% tax on registered capital when there is any change on shareholders.
Shareholders and Directors
One or more than one shareholders at the age of 18 or above, nationality is not limited
Legal Secretary and Registered Address
SECRETARY: Secretary should be in residents in UK, nationality is not limited
ADDRESS: Every company must have a registered office in UK.
Legal secretary and registered address may be provided by CHANLY.
One of the most exciting events included in the formation of a UK company is free business scope; in principle Business scope is really not defined by the government for the business you conduct in UK business registration. Generally speaking, business scope is not really limited in UK Company.
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