Telephone Numbers
Telephone Numbers
Set Up a Company in the UK and Move Your Business to Europe
For detailed information +90 542 381 3868 'Call.
The UK is a center of global trade and offers an excellent business environment for entrepreneurs with business-friendly laws, low tax rates and a strong financial infrastructure. Starting a company in the UK provides access to worldwide markets, a strong business network and global financial services. In addition, the UK's international trade agreements and flexible labor laws allow businesses to grow rapidly. These advantages make the UK an ideal destination for entrepreneurs.
Providing a registered business address is very important for those wishing to set up a company in the UK. This address is required for all written communications and is a legal obligation. Especially for non-UK residents or foreigners, it is necessary to have a legal address. Those wishingto set up a company in the UK often partner with a company formation service provider to facilitate this process. These services include the assistance of a registered lawyer.
The UK is the fifth largest economy in the world and one of the leading international financial centers. It has a stable economy, strong currency and an investment climate that encourages entrepreneurship. With its proximity to the EU and US markets, it is one of the locations where many investors want to establish companies and open branches.
We work to grow your company, create strong business connections and increase your brand value. We serve clients who want to take part in the UK market.
After setting up a company in the UK, opening a personal or business bank account is an important step. Through these accounts, you can receive and send different types of payments from all over the world. Online platforms such as Wise can be preferred toopen a bank account in the UK. Wise allows you to send and receive money quickly and at low costs. You can also use the services offered by standard banks such as Stripe without any problems.
Passports Passports of each shareholder, beneficial owner and director are required.
Proof of Residence Address: Documents proving the residential address of each director and shareholder are required. These documents must be submitted in English or certified translations.
Company Name Recommendations: A minimum of 3 alternative proposed company names with the suffix “LIMITED” or “LTD” are required. These names must be approved by the UK Companies Registry.
It is important to prepare these documents and fulfill the requirements for company formation in the UK. You can also benefit from a professional consultancy service to make this process easier and smoother.
Income tax rates in the UK Personal Allowance Income up to £12,570 is not subject to tax.
Corporation Tax (Corporation Tax) 25% tax is levied on the annual profits of the company.
For small companies, this rate is 19%. Value Added Tax
(VAT / VAT) Businesses with an annual turnover exceeding £85,000 are liable for VAT at 20%.
National Insurance Contributions: Includes employees' social security contributions.
Capital gains tax is a tax on an individual's profits from the sale of assets. The annual exemption limit for individuals is £6,000. Gains in excess of this limit are taxed at the following rates: The UK tax system includes various types of tax on personal income, company profits and assets. Taxes such as VAT, income tax, corporation tax and national insurance are liabilities faced by businesses and individuals operating in the UK.
Start growing your business in global markets! The UK is an attractive destination for entrepreneurs with low tax rates, strong financial infrastructure and worldwide trade opportunities. You can get professional consulting services to manage thecompany formation processin the UK quickly and smoothly. World Company Setup will set up your company and help you successfully launch your business in the UK, fulfilling all legal requirements. Discover business opportunities in the UK by getting a quote now!
Setting up the Company in the UK; Get Offer Now
Businesses with an annual income of over £85,000 are required to be a VAT payer. Companies over this threshold must register with HMRC (UK Revenue and Customs) to be liable for Value Added Tax (VAT).
No, you should not use a personal bank account for your business and vice versa. As a limited company is different from its owners, you should separate your personal and business relationships. You should not use a personal bank account for business funds and transactions. If you do, it will be difficult to track your expenses and income accurately and keep your accounts up to date. This could lead to legal issues and penalties from HMRC.
UK digital bank accounts are useful for non-UK resident shareholders and directors who cannot travel to the UK for any reason. The paperwork and procedures for setting up the account are handled by professionals, making it an easy process for non-resident directors.
An LLP has a more flexible structure than a limited company, while still retaining the benefits of being a legal entity. The profit sharing between the members of an LLP can vary and the members’ agreement does not need to be registered with Companies House. Additionally, a limited company is not required to hold an annual general meeting.
You can request a physical bank card for your Wise corporate account. Even if you do not have a physical card, you can create a virtual card via the Wise mobile app and shop on e-commerce sites.
It is free to open a Wise individual account, but for a corporate account, you must pay 45 GBP (Sterling) to your Wise account to open a local account in 11 different currencies at the first establishment. This fee is paid once.
+90 542 381 3868
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