The UK is a full member of the European Union, with a robust political regime, stable government, an established and respected legal system. There are no legal restrictions on foreign ownership of UK assets. With relaxed International Movement of Capital rules, and a favorable tax framework, the UK has the most comprehensive double tax treaty network of any country.
Over the last 10 years, UK Governments have implemented a number of legal and tax changes to improve the attractiveness of the UK as a gateway jurisdiction for investments from all over the world into the UK and the European Union. In many ways, the UK is comparable to other countries and in certain aspects, for example the lack of a domestic dividend withholding tax, the UK tax system has clear benefits over some other European locations. The UK maintained its lead as Europe's top foreign direct investment (FDI) destination, this reinforces the UK as the preferred location for many international companies.
- Official Language: English
- Legal System: Common Law
- Currency: Great Britain Pound
- Time Zone: UTC 0
Why UK Offshore Company ?
- Major international financial and trading centre.
- No exchange controls or restrictions on the flow of currency.
- Establishing a UK company is generally straightforward and the setup costs can be minimized.
- The cost of maintenance of a UK company is low compared with most developed countries.
- Extensive tax treaty network including China.
UK Offshore Company Features
| General | |
| Type of Company | Private Limited |
| Type of Law | Common Law |
| Shelf Company Availability | No |
| Corporate Taxation | 20% - 23% |
| Double Taxation Treaty Access | Yes |
| Share Capital | |
| Standard Currency | GBP |
| Minimum Paid Up | £1 |
| Standard Number of Shares Issued | 10,000 |
| Directors | |
| Minimum Number | One |
| Local Required | No |
| Corporate Directors | Permitted |
| Shareholders | |
| Minimum Number | One |
| Company Secretary | |
| Required | Optional |
| Accounts | |
| Requirements to Prepare | Yes |
| Audit Requirements | Yes |
| File Accounts | No |
| Others | |
| File Annual Return | Yes |
| Publicly Accessible Records | Yes |
