INFORMATION
COMPANY INCORPORATION
Type - British - Private Limited Companies / Public Limited Companies
We can help with the creation of a British company for commerce in the UK or adapted for commerce in a member state of the EU.
USE A BRITISH COMPANY FOR COMMERCE IN THE UK
(All in price......GBP 420.00 including 1 year UK registered office address)
Advantages of a UK company:
- Corporation tax 19% on profits up to £300,000.00;
- The profit (net of tax) is entirely available for distribution as dividend - with certain provisos;
- Directors salaries taxable between 0% and 20% on average;
- It is possible to operate with or without a UK VAT number (where turnover is less than GBP 80,000 / year).
COMMERCIALISATION IN ANOTHER MEMBER STATE
(All in price......GBP 900.00 including 1 year UK registered office address)
All companies created by us can operate in other member states by registering a local branch, for example in France or Belgium that will conform with local legislation. We supply legalised copies (with an Apostile) of the incorporation documents and minutes of meetings. The company can then operate as a domestic company in the country where the branch is registered. You choose the authorised capital of the company and the amount of the authorised capital that has been issued. No capital need paid into a blocked bank account and no British activity is necessary. Civil liability is limited to the value of subscribed capital only, not the authorised capital which may be greater.
(ANNUAL FILING REQUIRMENTS AND ACCOUNTING
The following documents represent the minimum annual filing requirement for a United Kingdom Private Limited Company:
- Form AR01 ANNUEL RETURN. Due upon each anniversary of the company's incorporation date. The form (containing updated company information) must be delivcered to the Companies Registry by the due date accompanied by the filing fee.
- Forms P35, P11, P14/P60. Declarations of revenues paid to directors and employees must be declared to the INLAND REVENUE by 19th May of each year.
- The annual accounts of the company (usually a directors report, profit and loss account, balance sheet etc.) must be filed with the Companies Registry within 9 calendar months of the closure date of the previous accounting period (subject to a maximum of 21 months from the start date).
- Form CT600. Corporation Tax Return (accompanied by the accounts mentioned in point 3) to be filed with the INLAND REVEUNE normally within 12 months of the closure of the accounting period (subject to a maximum of 24 months from the start date).
Note(i) In most circumstances fines are applicable where documents are not filed by the due dates. Note(ii) The company accounts requirements vary with the size of the company.
Small companies are permitted to submit unaudited accounts and in certain circumstances abbreviated accounts. Always seek professional advice.)