Registration of a company in the United Kingdom

Advantages of jurisdiction:

• Simple registration. There can be at least one director, a natural person resident in the European Economic Area. Shareholders may be both individuals and legal entities. A company also needs a secretary and a registration agent, as the company has to file annual financial statements and tax returns, irrespective of its activities. Another mandatory requirement is a registered address;
• No double taxation;
• Low tax rates. Corporate Income Tax Rate (CIT): 19%. Value Added Tax (VAT) rates: 20%.
• Low-cost service;
• Stable economy, attractive investments and loyal legislation;
• No foreign exchange controls;
• Protection of shareholders’ interests (liability is limited to the size of the contribution);
• Stability of the banking system;
• Prestige of the country on the international market;