Thursday 5 September 2024
Information about establishing companies in United Kingdom
9 Reasons to Start a Business in the UK
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Tax Advantages
- You do not have to pay the value-added tax (VAT) until after your sales reach £83,000 within 12 months, and only if your products or services are sold in the UK. The profit tax rate is 19%.
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Distinguished Position
- Establishing a company in the UK means you have an international company with a privileged position when creating commercial contracts.
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Better Business Financing
- You can obtain investments for your company from British institutions more quickly and easily.
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Opening Bank Accounts
- You can open bank accounts on British soil and obtain official documentation when establishing a company in the UK.
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Protecting Your Company Name
- Protecting your brand name and company name is straightforward when you establish a company in the UK.
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Get a Domain (.co.uk)
- You can obtain a domain approved by the British government.
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Payment Gateway Providers
- Access to top payment service providers (such as Stripe and PayPal) is one of the benefits of setting up a business in the UK.
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Not Needing a Legal Accountant
- In the first years of operation, you do not need a legal advisor or accountant in the UK, thus avoiding monthly fees.
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Expand Your Target Market
- By establishing a company in the UK, you can open commercial accounts on global platforms such as Amazon, eBay, and other international sites, increasing your sales and brand visibility.
Note: To establish a company in the UK, you must be residing outside of prohibited countries such as Libya, Syria, Yemen, Iraq, and Sudan.
Requirements and Needed Documents to Start a Business
- Identity: Legal residency, passport, or driver's license.
- Proof of Address: Such as an internet bill, electricity bill, or bank statement.
- Website or Social Media Link: For your business (e.g., Facebook page).
- Brand Name and Fields: You can specify up to 4 fields. Your business must be legal.
The Stages of Establishing a British Company
- Payment Process: Receive an invoice containing the appropriate payment method to start the payment process or place an order directly through the website.
- Power of Attorney: We will send you a power of attorney via email to sign electronically or manually and return to us.
- Application: Apply for the company in the UK and receive the company within the agreed-upon period.
- Documentation: Prepare the company documents and send them to you via email or notarize them and send them by express mail.
Pricing and the available packages to establish a company in the UK
| 9 Reasons to Establish Companies in the UK | $500 | $700 | $1000 |
|---|---|---|---|
| Establish a UK Limited Liability Company LTD | ✅ | ✅ | ✅ |
| Submit Documents to the UK Companies House | ✅ | ✅ | ✅ |
| Obtain a Tax Number for the Company (UTR) | ✅ | ✅ | ✅ |
| Legal Address for One Year, Approved and Recognized by the UK Government | ✅ | ✅ | ✅ |
| Protect the Owner's Address by Adding a UK Address | ✅ | ✅ | ✅ |
| Document Scanning and Email Forwarding for One Year | ✅ | ✅ | ✅ |
| Free Consultations for One Year | ✅ | ✅ | ✅ |
| Business Address for Receiving Governmental and Non-Governmental Documents | ✖️ | ✅ | ✅ |
| Obtain an EORI Number for Exporting Products to the UK | ✖️ | ✅ | ✅ |
| Add More Directors for Free, Each Additional Director ($50) | ✖️ | ✖️ | ✅ |
| Send Certified Copy (Apostille) from the UK Foreign Office of the Incorporation Certificate | ✖️ | ✖️ | ✅ |
