The United Kingdom of Great Britain and Northern Ireland is always an
attraction for business/trading entities. The United Kingdom is one of the favorite destinations
for office locations in the world because of its well-equipped infrastructure, basic and
fundamentals facilities, strong governance and well-implemented rules and regulations. To give
the global presence to the company, it is necessarily required to have a place in the United
Kingdom. Company registration in United Kingdom is compulsory while setting up a company
there.
To get Company registration in United Kingdom no citizenship is required. Although there are
some restrictions on non–resident before opening a limited liability company.
Advancement in technology helps you to get your company registration in United Kingdom very
easily by following some simple online steps. days are gone where one has to engage in tedious
paperwork, wait months for approval and pay a handsome price.
Setting up of the sole proprietorship is an easy and simple task. However, the liability
of the owner is unlimited i.e. he will be held liable for all the business’s debt. The owner can
efficiently trade under his own name or another name.
Two or more partners are required for the formation of a partnership. Small or
family-owned business used the partnership concept most. The partnership is the simplest form of
business configuration to run a business.
Companies Act – 1985 and Income & Corporation Taxes Act – 1988 will govern the policy of company registration in United Kingdom. The official language of legislation and corporate documents in English. A company registered in the United Kingdom has the same power as a Natural Person.
Choose the applicable name for the company
Mention the registered address of the company
Name and Details of at least one director
Details of the company shares
Standard Industrial Classification of Activities (SIC) Code
Draft the Memorandum of Association (MOA) and Article of Association (AOA)
Details of people with significant control over the company
After the completion of the process of company registration in United Kingdom, the
person will receive “Certificate of Incorporation” (COI) in which the company registration number and
its date of incorporation will be mentioned. Certificate Of Incorporation will give the assurance of
company being legally formed and incorporated. Within the 3 months of beginning the business,
Registration of Corporation Tax should be done. A 10 digit Unique Taxpayer Reference (UTR) code along
with company details such as company’s registration number, dates of first accounting period will be
required before proceeding for corporation tax registration. All the required details are to be
submitted with the HMRC, who will then provide the corporate tax number on the basis of which annual
corporation tax returns will be submitted.
This is a brief of the procedure of company registration in United Kingdom. The United Kingdom has
always been in the spotlight with different corporate and non-corporate issues due to which people all
across the globe wish to be here at any cost. The UK has surely managed to emerge as one of the most
popular office destinations despite its few loopholes.
Contact LegalRaasta for a simple an hassle-free process of Company Registration in United Kingdom.
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