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Sirenko Mykola

A specialist in the practice of migration and corporate law, he also specializes in legal support for business in EU countries.

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Register a company in Great Britain

Great Britain is one of the most popular countries for company registration among entrepreneurs from all over the world.

With its long history, stable economy, and open business environment, the UK offers many advantages for those wishing to set up their own business.

Why many people choose the UK to register a company

  • Favorable business environment. Great Britain is known for its stability, transparent regulations and low barriers to business. This attracts entrepreneurs because it creates a favorable foundation for successful activity.
  • Tax benefits. Great Britain has an attractive tax system that allows entrepreneurs to optimize tax payments and reduce the tax burden.
  • Global reputation. Britain is known for its global reputation and business connections, which facilitate access to global markets and investors.
  • Variety of legal forms. You can choose between different legal forms of companies, such as a limited company, a public company, or a branch of a foreign company, depending on your needs.

Features of company registration in Great Britain

Company registration in Great Britain has its own features that are important to consider:

  • Simplified registration process. Great Britain is noted for its fast and simplified company registration process, which can be done online. This allows you to quickly start the activity.
  • Minimum authorized capital. The share capital requirements are very low and you can start a company with a nominal amount that can be very small.
  • UK postal address. You must have a legal address for your company in the UK, which can be your own office address or the address of a law firm.
  • Limitation of liability. This allows for limiting the liability of the owners for the company’s financial obligations. This is important for the protection of personal property of entrepreneurs.
  • Disclosure of information. The UK has a transparent corporate disclosure system. Information about the directors, shareholders, and financial status of the company is publicly available.
  • It is important to understand the British tax system and use its advantages to optimize tax payments.
  • Licensing and regulation. Some activities may require special licenses or permits.

The main problems that can arise

When registering a company in the UK, there may be various issues and challenges that require attention and resolution.

Here are some key issues to look out for:

  • Tax issues. Understanding the UK tax system and optimizing your tax obligations are important tasks. Improper taxation can lead to losses or tax problems.
  • Financial Statements. Keeping financial statements and sending them to the registration body (Companies House) is mandatory. Errors or delays in reporting may result in penalties.
  • Labor legislation. If you plan to employ workers, you need to comply with labor and migration laws. Incorporating the correct terms and conditions of employment and contracts is an important aspect of avoiding legal problems.
  • Regulatory permits and licenses. Some types of business may require special licenses or permits. Failure to comply with these requirements may result in the closure of the company.
  • Public information. The UK has a system of public information about companies, including information about directors and shareholders. If you don’t want to publicly disclose certain data, you may need to have a strategy to do so.
  • Relations with banks. Opening a bank account for a company can be a challenge, especially for foreign entrepreneurs. It is necessary to comply with all procedures and requirements of banks.
  • Relations with other companies and customers. Business requires establishing relationships with other companies and customers. An understanding of British business etiquette and contract law is essential.
  • Immigration issues. If you or your employees are foreign nationals, you will need to understand the visa and immigration rules for working in the UK.

 

Our law firm will help to register a business in Great Britain

Our law firm is a reliable partner for those seeking to register a business in the UK.

We have extensive experience in this area and a deep understanding of the UK legal environment, making us ideal partners for entrepreneurs looking to launch their business in the UK market.

Our team of lawyers and consultants is ready to provide a full range of services, starting from the choice of the legal form of the company and registration, and ending with tax consultations and accounting.

We understand that every company has its own unique needs, which is why we provide an individual approach to each client.

Whether you’re looking to set up a start-up, expand an existing business, or invest in the UK, our competence and expertise will help you get through the process with minimal effort and stress. We are proud to be your partners on the way to a successful business in the UK.

For consultation or calculation of the price of company registration in Great Britain – fill out the form below.

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A specialist in the practice of migration and corporate law, he also specializes in legal support for business in EU countries.

Contact now
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