Establishing an Ltd company in the UK is an advantageous solution for entrepreneurs who want to open or expand their business abroad. Find out why to choose a Limited Company in England and what are the advantages.
Among the most desired jurisdictions, the United Kingdom is certainly at the top. First of all for the prestige linked to the English Ltd, but especially for the simplified bureaucracy and low taxation.
The Ltd (also Limited Liabilised Company) is the most common corporate structure in the UK for small and medium sized businesses. There are now more than 4 million Limited companies in the UK and this number is growing at the rate of 500,000 new incorporated companies each year.
It is a limited company whose members’ shareholdings are represented by their shares. and the appointment of a director is sufficient.
The UK is a large, skilled and advanced economy, home to many major global companies and London remains one of the world’s leading financial centers, offering great opportunities in financial services and related technologies.
The UK is a global center for businesses in a wide variety of sectors with a growing demand for products and services that limit costs and maximize efficiency.
Operating as an LTD company has several advantages:
A Ltd company has its own legal entity. It follows that the shareholders or owners are not personally liable for any financial difficulties beyond the value of their shareholding. Personal finances and assets are therefore protected.
Setting up an Ltd company in England is cheap and fast. The minimum share capital to be deposited is one pound and the incorporation process takes a few days and can be done from 18 pounds.
In reality, there are a number of variables associated with setting up an Ltd company, from drafting the articles of association to opening a bank account. For this reason many companies opened online never become operational. Better to rely on an experienced agency like ours, which will advise you on the best steps to take so that your business can actually take off. Contact us now by filling out the form below.