Choose a unique brand name, and select your industry, and company’s legal entity type.
Secure a professional virtual address for mail handling and document forwarding.
Submit shareholder and company details through your dashboard to begin.
Access the European market by forming a Limited Company in the United Kingdom.
Obtain your virtual business address for privacy and accessibility.
Annual Confirmation Statement, preparing annual accounts, and tax returns.
Starts from $229
(*No Hidden Fees)
Starts from $349*
Starts from $159
| Feature | UK Limited Company | US Limited Liability Company |
|---|---|---|
| Legal Structure | Separate legal entity | Separate legal entity |
| Time to Form | Generally takes 1-3 days with online registration | Varies by state; typically 2-3 weeks, or expedited service available |
| Regulatory Compliance | Annual filing of accounts and confirmation statements with Companies House | Annual reports and compliance vary by state; requirements depend on the state of formation |
| Residency Requirement | No residency requirement for directors, but the registered office must be in the UK | No residency requirement for members or managers |
| Liability Protection | Limited liability for shareholders | Limited liability for members |
| Taxation | Corporation tax (may reduce dividends) | Pass-through (members are taxed on an individual basis) |
| Public Disclosure | Required for directors and shareholders | Limited public information |
| Flexibility in Management | Directors act on behalf of shareholders | Member-managed or manager-managed |
| Ideal for | UK-based business; corporate structure | US-based business; flexible and adaptable for global needs |
To register a UK Limited Company, you need at least one director (who must be at least 16 years old), a registered office address in the UK, at least one shareholder, and a unique company name that complies with naming rules. You’ll also need to prepare a Memorandum of Association and Articles of Association.Â
If you want to get rid of this complex process and want to enjoy an easy formation get started with Rocket Wave.
As a UK resident, you can open a physical business bank account using your UK LTD company details.
For non-UK residents, physical bank accounts may be more challenging. Many UK banks require in-person identification. In that case, you can open a business bank account with Tide to operate your global business smoothly.
Non-residents running a UK Limited Company may be subject to UK corporation tax on profits earned within the UK. However, tax treaties may apply, which could reduce double taxation. Please consult with our expert team for detailed information.Â
Our Comprehensive Compliance Package offers seamless support for your UK company’s annual tax filing and submission requirements. This package includes:
For only $349, this package covers the filing and submission of your company’s annual tax returns, provided your turnover is up to £20,000 per year. If your annual turnover exceeds £20,000, additional fees may apply based on the complexity of your filing requirements.
To maintain compliance for your UK company, you need to manage two types of addresses:
Our Registered Business Address Package covers both address renewals for just $159. For enhanced privacy, convenience, and document accessibility, we recommend upgrading to a virtual address.
Yes, a virtual address provider typically offers mail handling services, including forwarding documents to your preferred location or making them accessible online through your dashboard. A virtual address offers additional benefits, such as:
The corporate tax rate for UK companies is 19% on annual profits.
For example: If your UK company has a profit of £1,000 after deducting all expenses (such as staff salaries, director salary, office rent, digital tools, and tax filing costs), you would pay £190 in corporate tax, which is 19% of the £1,000 profit.
You don’t have to pay tax If your company can’t make any profit in a year.
Failing to renew your UK Limited Company or submit annual tax returns can result in severe consequences, including:
If even a single transaction has occurred, you will need to prepare and submit full accounts before applying for dissolution. Please contact us directly for pricing details on dissolving your company.Â
VAT registration becomes mandatory when your UK company’s turnover reaches £85,000 within 12 months. However, businesses can voluntarily register for VAT at any time, which may be beneficial for companies that regularly trade with other VAT-registered businesses. Voluntary VAT registration can enhance your business’s credibility and allow you to reclaim VAT on certain expenses. Please contact us for VAT registration information and pricing.Â
From seamless formation to comprehensive support, Rocket Wave is here to help you succeed.
