UK Corporate Formationis also called UK company setup, UK business setup , UK company
registration , UK company incorporation, UK business establishment
and UK business registration.
The UK has an open, transparent and business-friendly system to
encourage the formation of new businesses. There are more than 2.6
million registered companies in the UK with over 350,000 new
registrations each year. No permission is required to establish a
business presence in the UK, although there are regulations on the
use of business names and certain business sectors which may
require licenses or authorization.Company formation has been
simplified. Setting up a business in the UK has been easier than in
most other European countries for a long time. The Companies Act
introduced last year hasn’t changed this – and it promises to make
it easier for businesses to operate once they have been set up. It
is more modern, more understandable and more flexible.
Advantage of UK Corporate Formation
The procedure of registered company in UK is easier. The registered
capitals are not need to be paid up. No operation in UK no taxes
(sales taxes). The cost for annual maintenance is lower, taxes
declaration is convenient. Tax has been easy to arranged; To open
bank account in Hong Kong and UK are both available, Customs
clearance could be done in 24 hours under normal condition; It is
qualified to get capital on major finance markets around the world.
It is no doubt a wise choose to set up an UK company and then
expand your market in the world.
Company's Name for UK Corporate Formation
Company’s name must be in English only and ended up with “LTD” or
“LIMITED”. Words like “INTERNATIONAL”, “INDUSTRY”, “INVESTMENT”
etc. would be able to appear in the company name; but some
sensitive words such as “loyal or princess” should be avoided.