A UK Limited company is subject to corporation tax at 19% corporation tax (small business tax rate). A UK company can be set up with just one director and one shareholder. At least one director must be an individual. Registered office in UK required (we supply)
We can also open bank accounts in UK – requires visits (additional GBP2000 for set up)
The United Kingdom Limited Liability Partnership combined with offshore partners utilises the good reputation of the United Kingdom and Zero corporation tax of an offshore company. The LLP structure is mainly used for international trade. An onshore company with a good legal system. Choose LLP three and four to ensure you receive offshore partner companies. We can also add more than two partners if you have more than two owners. We supply the LLP agreement for you to execute. A UK LLP still needs to file annual accounts which we can complete on a time spent basis, an annual return which we complete on your behalf and an annual zero tax return which we recommend a tax accountant to complete. An audit may also be required depending on the turnover (we can arrange).