Britain is considered one of the best sources of any regional trade and operation of enterprises, because of the local legal system is one of the world's most perfect, with the economic system and the banking system, so if investors want to develop the company's business, the UK is definitely the first choice; although the tax rate is relatively high, but only the actual business in the local, as investors do not trade in the UK people, is not required to pay tax; in addition, because the legal system is very stable, the local company management is rarely change, is conducive to the long-term development of investment.

United Kingdom Company Incorporation benefits

(1) the legal system is sound and very stable;

(2) do not pay taxes legally (not operating locally in the UK);

(3) the establishment cost is not high, and the annual maintenance cost is low;

(4) tax arrangements are convenient;

(5) the registered capital does not need to be in place;

(6) brand building, high credibility, reliable confidence;

(7) a shareholder may open a British company with no nationality restrictions;

(8) bank account in any bank of the world.

Types of British companies

Foreign investors should consider various factors in the establishment of enterprises in the UK, including investment scale, type of enterprise, tax and so on. Investors may choose their own forms according to their own needs, including setting up locations, branches, distributors / agents, limited liability companies, joint ventures, and acquisitions of existing enterprises. In the UK, the establishment of most forms of business is not subject to any department's approval and without foreign exchange control.

Private Limited

Most foreign investors like to take the form of private limited company. A private limited company with no minimum capital restrictions, the registration process is simple, and the cost is low; a private limited company without the minimum number of shareholders or directors of /, nationality and domicile of shareholders or directors / there is no restriction; shareholders and / or directors may be an individual or company. But the company has to set up a secretarial position. The company secretary can be an individual or company, whose functions include the internal management of the company, the convening of meetings (such as directors' meetings, etc.), the custody of the company and the submission of change documents to the company's registration office.

Branch

The branch does not have an independent legal person status, but can operate locally in the uk. A foreign company shall be liable for the debts of its branch and its obligations under the contract.

Distribution / Agency

Foreign companies may sell their goods through local distributors, and foreign companies have no contractual relationship with purchasers. Foreign companies may also establish agency relations with local agents, and foreign companies therefore have contractual relationships with third parties. The agent has the right of agency within his authorized territory. Foreign firms are responsible for their agency.

Company with limited liability

The limited liability company is divided into open limited company and private limited company. The company has an independent legal personality. Most foreign investors like to take the form of private limited company.

Joint venture

Foreign investors may choose the form of joint venture, and the British law has no restrictions on the form of joint ventures. Investors can choose the proper framework according to their personal needs, and usually choose private limited companies. The establishment of joint ventures requires no approval from any department. The British law also has no restrictions on the proportion of joint ventures and the mode of investment.

Acquisition of existing enterprises

(1) another form of investment is the acquisition of existing enterprises. Such investment methods, depending on the situation of the acquisition of the enterprise, the acquisition may be very simple, it may be very complicated. Therefore, foreign investors with such investment must understand the acquired enterprises in detail.

(2) at present, there are not too many Chinese enterprises investing in the uk. Instead, investors in Japan and South Korea have already set foot in britain. I believe more and more Chinese companies will invest in the UK as they understand the environment of investment in the uk.

United Kingdom Company Incorporation requirements

Shareholders: at least one shareholder. Shareholders may be individuals or other limited companies and without nationality restrictions.

Directors: at least one director, who may be a nationality and does not have to reside in the uk. All information submitted to the Registrar of the company, including the company's shareholders and directors, is public and accessible to the public.

The registered capital of British companies: the number of shares of the shareholders: according to the British law, the number of shareholders by at least two people, the minimum registered capital of 2 pounds, the registered capital of the average British company for 10 thousand - 1 million pounds.

British company secretary: according to the British company legislation, each British limited company must be a company secretary who must be in charge of handling local legal documents for the british.

UK registered offices and agents: all companies have a registered office in the uk.

British company name restrictions: company name must be "Limited" or its initials "Ltd" as the conclusion.

British company records: the company must report to the relevant departments of its principal responsible for the information and changes.

Documents and materials required by the United Kingdom Company Incorporation

The relevant documents required to establish a private limited company to a registered body of the company include:

(1) articles of association and articles of Association;

(2) other documents, including the first directors, secretaries, shareholders and the company's registered address.

A company registration institution usually issues a company's certificate on the day it receives all the information.

Post United Kingdom Company Incorporation management and maintenance

According to the company law of the United Kingdom, the following documents must be submitted to the company's registration agency on a regular basis after the establishment of the company:

(1) annual return, including all details of the company, such as shareholders, directors, secretaries, registered addresses, etc.;

(2) annual accounts (except those with low turnover), including profit and loss items, asset statements, audit reports, and directors' reports;

(3) mortgage details;

(4) details of changes to the company, such as changes in directors, secretaries and registration addresses, etc..

The United Kingdom Company Incorporation takes about 6 business days.

Place of business

Place of business means that a foreign company has a real and visible place of operation in the uk. Generally speaking, its role is to conduct market research and liaison, similar to the establishment of representative offices of foreign enterprises in mainland china. The place of business does not have an independent legal person status, and its actual business is carried out overseas (outside the UK).

A foreign company shall submit to the company registration office within one month after the establishment of its place of business in the uk:

(1) the completed registration form;

(2) copies of legal documents of foreign companies, including their business licenses, articles of association and audit reports, which have been notarized by the government notary office or certified by qualified persons.