UK Company. UK Company Formation.

Setting up a Company in the UK for Non-UK Residents

KGN Services specializes in UK Company Formation for Non-UK Residents and opening bank accounts.

General Information

How much does it cost to set up a company in The UnKingdom?

Companies Act 2006, Limited Liability Partnership Act 2000, The Income and Corporation Taxes Act 1988 as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Currency

GBP.

Exchange Control

None.

Publicly Accessible Records

Yes.

Personal Presence Required

No.

Types of Company for International Trade, Investment & Tax Planning

  • Private Limited Company
  • Limited Liability Partnership

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

People Also Ask

Can a foreigner set up a company in the UK?

Yes, provided that the correct business visas are obtained for the company owner alongside an approved UK business bank account and that you can register the company with a valid UK office address where your accounting records will be stored.

What are the steps in the formation of a company in the UK?

There are several steps outlined in this article for UK company formation. These include registering the company name, a UK office address, a director for corporate tax, and then at the governing body Companies House after getting your SIC code and preparing official documents and accounting records.

How do I check if a company is registered in the UK?

You can use search engines or search the Companies House directory to check companies that are already registered in the UK before naming your company and then later to verify company set up.

Services offered in the UK

KGN Services provides the following services in the UK:

All You Need to Know About Company Formation in The UK

Starting your own company for the first time can be confusing. It’s common to feel intimidated by the complex process and what feels like endless paperwork filled with convoluted legal jargon. It can all sound a bit like a foreign language – and that might literally be the case for some of you from abroad thinking of setting up a company in the UK! But fear not, this article will give you the essential details of how company formation in the UK works and how to set one up as a non-UK resident.

Can a Non-UK Resident Form a UK Limited Company?

The first sensible question to ask is if you are legally allowed to set up a UK company as a non-UK resident. The answer is yes. In fact, there are thousands of active companies in the UK that are foreign-owned, most of which have European directors. However, this may change after Brexit. The good news is that even after the withdrawal agreement came into effect, there were no significant alterations to the process itself regarding UK company formation for non-residents. Non-UK residents who were eligible to start a UK company before Brexit are still eligible after the UK left the EU, provided they fit the criteria for a relevant UK business visa.

Research Regulatory and Tax Systems

It is vital to fully understand all relevant regulatory laws and tax systems related to the company you wish to start. There will be some variations depending on the type of company you are planning to set up, so make sure you read the information pertaining to your business and its specific operations.

It is also necessary to consider how new Brexit changes will affect your business. This is especially pertinent to companies dealing with importing and exporting to EU countries or which have employees from the EU. For the most accurate and up-to-date information about how this may affect you and your company, visit GOV.uk. Alternatively, go to this page and fill in the questionnaire with details on your business.

KGN Services | UK Company Formation

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