Offer: Registration of a Limited Liability Company and Limited Liability Partnership in England – set up or buy a ready-to-operate LLC and LLP in UK
Your consultant
Alina Marinich
Senior Business Consultant
GENERAL INFO
Great Britain is a jurisdiction that needs no introduction. Many people know and follow the country’s ratings. It is always on the first places in the world ratings of Economics, Finance and Business, Freedom and Social life.
In spite of its power, this country offers us extremely comfortable conditions for registering and servicing a company. Unlike most of the neighboring countries, the UK surprises with the low level of duties that forms the inexpensive cost of the company itself.
We represent two famous types of companies: LTD and LLP in England
REGISTRATION PROCESS
The registration procedure has no special features. However, it should be noted that there is a full-fledged open register that reflects absolutely all information about the company, including all controlling persons.
A step-by-step guidance will follow here:
Step 1
- Name availability check. We request several names to be checked with the Registry. The names check usually takes up to 24h
- Compliance procedure. We will kindly request a data: Business details, ID documents pack
- Invoice payment
Step 2
- Applying for the registration
- First corporate set apostile
- Documents signing
Standard timing is 2-3 weeks.
Step 3
- Collection of the KYC pack from the client
- Corporate package is being dispatch to your location
Each company is being renewed every year starting form the first anniversary.
TAXES
LTD
The standard tax rate in England can be changed, perpetuated and reduced every year by the decision of local authorities. At the moment it is 19%
LLP
LLP itself is not a tax-payer in the UK. Income Tax shall be paid by each partner in the country of his / her tax residence.
Both types are subject for annual report filing. There are three of them: corporate (annual return), financial (annual accounts) and tax (tax return).
Audit is not obligatory if an entity had a turnover of not more than GBP 5 600 000 in the accounting reference period and a balance sheet total of not more than GBP 2 800 000 at the end of the period.
FEES
LTD
Services | Fees (USD) |
Company incorporation (including yearly services of reg. agent and reg. address, apostile services) | 1.800 |
Professional (nominee) Director services per annum (incl. issue of the apostilled POA) | 580 |
Professional (nominee) Shareholder services per annum | 430 |
Courier delivery | 250 |
Renewal from the 2nd year | 870 |
LLP
Services | Fees (USD) |
Company incorporation (including yearly services of reg. agent and reg. address, apostile services) | 1.980 |
Professional (nominee) Partners services per annum (incl. issue of the apostilled POA) | 1.040 |
Courier delivery | 250 |
Renewal from the 2nd year | 870 |