FAQ of British Company Registration

【Q】 How long to register British company?

【A】 After paid registration fees,firstly to check search the company name. It is about 10-15 days to get a full set of file for the new company. Britain's certificate of registration, relate documents and the company's seal, and so on.

【Q】 How much is the Britain's registered capital?

【A】The registered capital is not more than 1,000,000 pounds. If it exceeds 1,000,000 pounds, Registration will be charged according 0.5% of the registered capital. For example, a registered capital is 5,000,000 pounds, should pay taxes (500-100) x0.005 = 20 million.

【Q】If I were not operating in Britain after registrated, Do I need to be taxed?

【A】You do not pay any tax. According to the provisions of the Inland Revenue Department, if the company would not have any operating or non-profit, the company can legally tax-free.

【Q】Do have any restriction about British company name?

【A】There is none name restrictions, you can take any of the company name as you like. Company name can be a group, companies, universities, colleges, research institutes, associations, shops, factories and so on any name, as long as the name is not to be registed by others.

【Q】How many directors is for British company at least?

【A】British company can be registered only one or more directors.

【Q】What do directors need to do after registered the British company?

【A】Directors must to sign all kinds of company documents. RICHFUL could provide the meeting minutes about first Board of Directors and other documents signing services.

【Q】Who can apply to register British company?

【A】The person who is 18 years old or over are eligible to apply for registration and to be company director.

【Q】Which documents and data will be given when succeed to register British company?

【A】 The following the documents and information should be given:
1. The original document about company set up (the U.S. government's seal, The establishment of the company's original certificate.)
2. British company registration certificate
3. British company Seal
4. Stock certificates
5. Record transfer of stock tables
6. British company constitution