Home / Company Registration in UK

Updated on 12 Aug 2020    9.00 AM IST | 4 min read

Register a Company in UK

United Kingdom is always remained a place of attraction for business owners all over the world. It is considered as one of the best destinations for starting a new company because of the following reasons -

  1. High quality facilities
  2. Strong governance
  3. Well-equipped infrastructure
  4. Well implemented rules & regulations

Also, there is no need of UK citizenship in order to get company registration. However, there are some restrictions on non-residents to open a limited liability company. The incorporation or registration process of the company in UK is very easy and can be completed online without any requirement of owner/director to be present physically at the time of registration. There are no restrictions on company registration in UK in relation to nationality of shareholders or directors too.

What Is Included In Our Package?

Eligibility Consultation

Document Preparation

Application Drafting

Government Fees

Documents required for Company Registration in UK

The documents required for company registration in UK are as follows –

  1. Memorandum of association
  2. Articles of association
  3. Statement of capital (Details of the share of the company & their valuation)
  4. Standard industry classification coding.

Main Requirements for Non-UK Resident to Register a Company in UK

It is very easy for non-UK residents to register a company in UK as the registration procedure of Non-UK residents is very much similar to the residents living in UK. Even you don’t have to live in UK in order to start a company. The only important thing you want to do is that your company must be registered with companies’ house in England & wales, Scotland or Northern Ireland (which entirely depends upon the location of the company)

The main requirements for registering a UK limited company are –

  • Only one director is required for the company registration but there is no limit to the appointment of directors. The appointed directors should be more than 16 years of age.
  • The second important requirement is that only one shareholder is required for the company registration but there is no limit to the appointment of shareholders.
  • The third requirement for company registration in UK is that company registering in UK must have a UK address and appears on public register too.
  • The other requirement is selection of the company name. The name chosen by a non-UK resident for the company should be unique and does not contain any prohibited words.
  • Director’s /owner’s service address is also an important requirement. Every director, secretary & PSC must provide service address to the companies’ house. The address can be located anywhere in the world but it should be available on public record.

Benefits of Incorporating a Company in UK

The benefits of incorporating a company in UK are given below –

  • The regulatory & legal requirements for starting a company in UK are much easier in comparison to other countries. This is all because of UK color-coded online system which helps the business owners in registering not only the company but also filing their returns. It also helps in reducing the barriers for a person to start a new company in UK. UK is considered as first in Europe and sixth in the world for starting a new company.
  • UK government provides various financial schemes not only to the investors but also to the founders & employees of the company. In case you sell your company, you can claim entrepreneur relief of £10 million & investors can also claim tax credits up to £150000 on their investment each year.
  • UK has an efficient communication system and the most extensive broadband market among G7 countries and considered as one of the strong ICT infrastructure in the world.
  • As Per OECD, product market regulations in UK is second in the world as well as considered as –
    1. Least restrictions in case of entrepreneurship in the world
    2. Third least barrier for trade and investment in the world.
  • Speaking in international language gives UK companies an edge in case of communicating globally.

How Finacbooks help in Company Registration in UK?

Finacbooks is a leading Indian portal providing accounting, finance & taxation services to small businesses. We are having more than 10 years of experience in helping individuals providing company registration in UK along with the bank account at a least possible price. We will guide you through the entire process of company registration in UK. To avail the best deals on company registration in UK, kindly call us at 8800221252 or you can also e-mail us at info@finacbooks.com

FAQ’s related to Company Registration in UK

A non-UK resident is a resident not living in UK but in some other place of the world.
It is not necessary for a non-resident to live in UK to open a local bank account.
The documents required for company registration in UK are as follows –
  1. Memorandum of association
  2. Articles of association
  3. Statement of capital (Details of the share of the company & their valuation)
  4. Standard industry classification coding.

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