- UK Incorporation +
- Business Support +
Quick and trustworthy notary services, I’m a returning customer
Date : 05/17/2016
Author : Dan - Cyprus
- UK Bank: presence is mandatory
- Most of the Offshore Banks presence is not required
Duly Certify in English valid :
- Copy passport
- Utility Bill (no older than 3 months)
- Bank reference letter
- 1 to 2 weeks
-UK Bank – no , only for GBP account
-Most of the offshore banks have cards for different currency
Yes, UK Bank has
Yes, UK Bank has
UK Bank, no minimum deposit required but recommended to deposit from £100-£300
Visa Debit card
UK Bank : £750 /day
UK Bank no limit
Yes, 3 accounts can have different signatory but the full KYC of the Beneficial Owners need to be presented to each Bank.
No, it's not.
The legalization is the process of authenticating or certifying a legal document in order for a foreign country's legal system to recognize it as valid and with full legal effect. You get a UK public document ‘legalised’ by asking the UK government to confirm that a UK public official’s signature, seal or stamp on the document is genuine.
The Hague Convention Abolishing the Requirement for Legalisation for Foreign Public Documents has supplanted legalization as the default procedure by a system of apostille. You can have the apostille if both the origin country of the document and the destination country are party to the treaty. The apostille itself is a stamp on which standard validating information is supplied. It is available from the competent authority of the origin country. Often the document has to be notarized before it can be apostilled.
If you document was created or issued in the UK then it will be accepted in the UK without the apostille. It is not necessary to legalise UK documents unless you are using them outside of the UK.
The Authorities can legalise most UK documents if they bear an original signature, seal or stamp from a UK public organisation or official. A UK document is a document originated or executed in the UK. The certification made by a solicitor or a notary must state clearly what exactly it is they are certifying in relation to the document. They must sign with their own name and not use a company signature and they must clearly print their name and their firm's name under the signature.
- Government Documents such as visa, passport copies, naturalization certificate, customs certificate, birth certificate etc.
- Corporate Documents such as letters of incorporation, company house documents, certification of incorporation etc.
- Bank Documents such as statements of accounts, deed of sale, mortgage certificate or any real estate related documents, etc.
- Civil Documents marriage certificates, civil union certificates, separation documents etc.
- Religious Documents
- Medical Documents such as medical reports, doctor prescriptions, medical records, sick note etc.
- Educational Documents such as certification from the school attended, diploma, transcript of records, certification of completion etc.
- Personal Documents such as employment certificates, last will and testament, utility bills among others.
We can provide the legalisation of a notarised/original document in 1 working day (from the date we receive the document itself). If the notarisation is needed, we can provide all services in 6 working days.
The Companies Act 2006 set a limit of no more than 6 years for a company dissolved after 1st October 2009 to be restored to the register at Companies House.
For companies struck off prior to 1st October 2009, the deadline is the earlier date of 30th September 2015 or 20 years. This means that some restorations may no longer be possible.
Yes they can. What are the tax implication when:
1. Receiving rent from the property ?
The rental income would be subject to 20% withholding tax unless the company files an election to receive the income gross. It would need to file a tax return to obtain relief for expenses of the letting.
2. Selling the property with a gain?
The gain would be exempt unless the property is valued at more than £2M. If it is the company would be subject to CGT. Even if the company is exempt any UK resident shareholders would be attributed gains in the company and could be taxed.
Is it similar for a UK resident and a non Uk resident person?
As above a non resident shareholder would be exempt from CGT on the gain (assuming they meet the 5 year non residence requirement). A UK resident shareholder (owning more than 25% of the shares) could be attributed the gains.
- Have at least 1 director
- Have at least 1 shareholder
- Local registered address
- Minimum 1 share
- Annual accounts to be prepared and filed
A UK limited company is an independent entity whereas the UK agency is a structure formed to act as an agent for an offshore company.
Yes, you can.
A minimum authorised share capital of £ 1 or its currency equivalent.
A private company limited by shares is a company that has shareholders with limited liability and shares that cannot be offered to the general public. Limited by shares means that the liability of the shareholders is limited to the capital they originally invested. This means that in case of insolvency of the company, the shareholders' private assets are protected but the money he invested at the beginning will be lost.
A private company limited by guarantee is en entity used mostly for non profit organisations. This entity does not usually have a share capital or any shareholder, but has members who act as guarantors. At the incorporation or when a member is added, he has to indicate an amount (amount guaranteed) he will be liable for. The guarantee is legally binding while the guarantor remains a member and for one year after he or she ceases to be a member.
To incorporate a private company limited by shares you will need
To incorporate a private company limited by guarantee you will need
No, the officers can be worldwide resident. Usually the company will be UK tax resident independently from where the officers are based and from where the business is taking place.
You can choose any name for your company, but there are two conditions. First there are some restricted words that either cannot be used or will need a support document explaining why the word is needed in the company name.The Authorities will then decide if allow this or not. Second the company name must not be used by another entity. The first step of the incorporation process is usually the name check, that allows to know if the chosen name is available.
Yes, it is possible to allocate more shares at any time.
Dissolution of company means that you have stopped trading and the steps are:
- You close your company bank accounts
- The last accounts to be filed with Companies House and HMRC
- Any taxes owed, are paid
- Fill and send the striking off application
Yes, if your sales in 12 consecutive month is or will be £81 000 and over, the company will have to be registered for VAT.