Valsen Corporate

UK LLC

  • The United Kingdom (UK) offers several company formation vehicles, used for a variety of business endeavors. The Limited Liability Company (PLC) is the most widely used and gives individuals and companies the most flexibility out of all the other company types. A UK Limited Liability Company is a separate legal entity that remains distinct from its members and directors. All individuals and entities affiliated with a UK LLC have limited liability that protects them from being held personally liable for the debts incurred on the part of the company; making the maximum liability limited to the amount of capital or issued shares.

    Key Features of UK Limited Liability Company

    UK LLC

    Corporate Details

    General
    • Type of Entity

    Limited Liability Company
    • Registered Office in UK

    Yes
    • Shelf company availability

    Yes
    • Access to Double Taxation Treaties

    Yes

    Share capital or equivalent
    • Standard currency

    GBP, £
    • Permitted currencies

    Any
    • Minimum paid up

    GBP 1
    • Usual authorized

    GBP 1,000

    No
    • No par value shares allowed

    No

    Directors
    • Minimum number

    One
    • Local required

    No
    • Publicly accessible records

    Yes
    • Location of meetings

    Anywhere
    • Corporate directorship allowed

    Yes *(but needs at least one individual)

    Shareholders
    • Minimum number

    One
    • Publicly accessible records

    Yes
    • Corporate shareholder allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    No
    • Local or qualified

    No

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    Yes  *(small companies are exempt)
    • Requirements to file accounts

    Yes
    • Publicly accessible accounts

    Yes

    Other
    • Requirement to file annual return

    Yes
    • Migration of domicile permitted

    Yes (subject to approval be Inland Revenue)
    Tax treatment Corporate tax is 19%. Duration for set up of the company One week.  Distinctive Advantages of UK Limited Liability Company
    • Single member ownership is available
    • Nominee Services are permissible
    • The UK has numerous Double Taxation treaties
    • Access to various trade markets in the European Union (EU)
    • A Limited Liability company has a separate legal existence from its members
    • A Limited company legitimizes itself for many business activities
    • A UK Limited Liability company has a strong and structured shareholder conflict resolution procedure in place
    • Business expenses can be claimed against tax 
    The Valsen Advantage
    • Speedy, Efficient and consistent Services.
    • Relentless effort to obtain bank accounts.
    • Expert advice on structuring options.
    • Dedicated ongoing compliance support.