As per the business study and Government data, major businesses in England are:

• Trading hub – FMCG, Technology & Engineering products, Commodities, Power, oil and Gas
• Investment banker, Assets Management Companies & Private Equity & Hedge Funds
• International banking and financial Hub
• International trading house, investment, tourism, branding and Education
• Major Trade with USA, Far east and EU Countries
• • Suitable to Trade in EU nations, Africa and Eastern Europe

Limited Company

We generally recommend a Private limited Company for business in the UK. It is also commonly known as Private Limited Company which has a separate legal entity. According to the Companies Act, any person (foreign or local) above the age of 18 can register a private Limited Company in the UK. Further they may have a right to work in the UK, preferably through the Entrepreneurial visa for setting up a business set up.

Major benefits of Limited Company

The Registrar of Companies controls the registration of business firms and incorporation of companies. However, the nature of the actual business activity could be subjected to control and regulation by other Government authorities.

Partnership Firm

This business unit is like Proprietorship firm in term of liability and risk. When two or more persons joined to carry out specific business, they form partnership firm. Generally the firm is form for limited business activity, advisory, consultancy, service and profession.

There are three type of Partnership Firm

Foreign companies wishing to setup a presence in the UK, have the choice of setting up a branch office, subsidiary, or a representative office in the UK

Private Limited Company
Subsidiary Company
Branch Office
Representative Office

A representative office is registered in the UK as a temporary arrangement for conducting marketing research activities. A representative office does not have any legal status and cannot be engaged in any profit yielding activities. We can provide the representative office facilities.

A UK Company has all the powers of a natural person. The shareholders have options to apply for an Entrepreneur \ business Visa to set up a business in the UK. With this visa, the company can do business in trading, consultancy, marketing and laison work, commission agent, sourcing agent and other major business as permissible under law.

The nature of the actual business activity could be subjected to control and regulation by other Government authorities. Cannot undertake banking or insurance activities or solicit funds from or sell its shares to the Public.

Bank account opening

After successful registration of your Company, you can open a corporate bank account in any of the major banks in the UK. Many of the banks in the UK, these days, require physical presence of the company principals as part of the account opening procedure.

If you are able to visit the UK you have a wider choice of banks to choose from. In this case, you can explore the features and facilities provided by different banks and decide on the bank that best suits your needs.

While opening the bank account, clients should bring the following documents

Original Passport & residence address proof of director & Shareholder

Original UK company formation documents

Business profile of director & shareholder and Home country bank statement

The Income Tax rates vary with the level of income earned during the year. Income Tax Rates vary from 20% to 40% to 50% according to slab of income.

Other Income

For basic rate tax payers, the Capital gain is 18%, for higher rate tax payers, the Capital Gains Tax is 28%. Each individual gets a Capital gains Tax allowance of £11,000 per year.

Dividend

UK dividends carry a withholding tax of 10% on dividends.

For More detail Please visit relevant website for detail information
For More detail Please visit relevant website for detail information

https://www.gov.uk/

Other Information

Annual filing requirements for UK companies

Once your UK Company has been incorporated, the Companies Act dictates certain annual filing requirements and formalities.
The company law requires that each company formed in the UK must file its audited/unaudited accounts with H M Revenue & Customs and Companies House on an annual basis. Filing is mandatory even when the company has not done any business. We shall provide service for the same.

For More detail please visit website of Company House of UK.

Please note the following:

• All documents must be in English or officially translated in English
• All copies of documents must be certified true copies by a notary public or self certifying or you must bring the originals to our office for sighting
• If you are overseas, you can email us the scanned copies of documents so we can proceed with preparing the necessary incorporation documents. However we must receive the certified true copies (or sight the originals at our office) before we can incorporate the company.
• • Our compliance department may ask for additional information if necessary.

There are two distinct steps involved in the UK company setup procedure:

Both steps can be accomplished on the same day assuming there are no delays caused by Company Registrar..

Further the Business Trade License shall be obtained from Government Authority. The said license is valid for one year and renewed thereafter.

Details of directors and shareholders public information in the UK

Directors and shareholders information is public information in the UK. It’s listed in the company’s business profile extract available for purchase from Registrar of Companies.