Company Formation Abroad
Company Formation in the UK
What is Company Formation in the UK?
In the UK, company Formation, management, corporate tax and VAT declaration, accounting services are a holistic process and consist of steps that should be followed by experts.
Set up your limited liability company in the UK and start exporting with Export Partners strategic partners. Start receiving payments with your Limited liability company registered in the UK. Have a registered address in the UK. Click here to get information about our other service, Company Formation in America.
Our Services
All Formation Procedures
We are with you at all stages of your company formation process in the UK. We offer end-to-end service from limited company opening to tax registration.
London Registered Company Address
We offer registered company address service required for Amazon UK and official transactions. We strengthen your corporate identity with a London-based address.
London Executive Service Address
We provide an official director's address for situations where a director's address must be shown. Used for HMRC and Companies House records.
Digital Mail Forwarding
Physical mails received at your company address are delivered to you digitally. Thus, you can follow your official correspondence without having a physical presence in the UK.
Wise Corporate Account
We offer consultancy in Wise Business account opening processes. Low commission solution for international money transfers.
Accounting and Declaration Procedures
We handle your company's tax returns, annual accounts and HMRC obligations in the UK with our resident accountant.
Registered Address Service
The registered office address, which is a legal requirement for your company, is provided based in London. Customs, HMRC and official notices are directed to this address.
Company Management
Companies House notifications such as change of company director, address update and share management transactions are carried out by us.
UTR Activation
We manage the process of obtaining the UTR, the tax number issued by HMRC, and defining it in digital systems.
D-U-N-S Number
We apply and obtain the necessary D-U-N-S number for Amazon Brand Registry, Apple and other global platforms on your behalf.
VAT Number
We initiate the UK VAT registration process, maintain communication with HMRC and obtain your VAT number.
EORI Number
We receive the EORI number required for UK-based companies that will export to Europe within 1-3 business days.
Trademark
UK trademark registration application The Intellectual Property Office (IPO) is realized through. Amazon Brand Registry.
Company Closure
We carry out the formal strike off process at Companies House for your company that is no longer trading.
Declaration Services
Confirmation Statement
(Confirmation Statement)
In the UK, all companies, regardless of whether they are active or not, must file an annual Confirmation Statement with Companies House. This is a declaration of the current state of the company's structure. It also reports any changes or the stability of the previous declaration.
The first approval declaration of a company is usually 1 year after the date of incorporation. However, companies may file a Declaration of Approval earlier than this date to report changes in the company structure.
No Confirmation Statement may be submitted by Companies House after the declaration date. In this case, Companies House has the right to close companies that do not submit a declaration. Therefore, the date of the Approval Declaration of the relevant company should be checked on the official portal and the declaration should be submitted before the deadline.
What information is required to issue a Confirmation Statement?
In order to submit a declaration of approval, the authentication code of the company is required. Without this code, a declaration of approval cannot be submitted to Companies House.
Corporation Tax Return
(Corporation Tax Return)
If your company's financial year has ended, we will file your company's corporation tax return electronically with HMRC (UK Revenue and Customs).
What is Corporate Income Tax?
Corporate Income Tax is a type of tax that is calculated and paid to the state on the net profit of each company engaged in active trade at the end of the fiscal year. It is paid at the end of the financial year. The fiscal year of companies in the UK is not fixed, it is determined according to the date of incorporation of the company (However, companies can optionally change their fiscal year dates later). A corporate tax return must be filed within a maximum of 9 months after the end of the fiscal year.
What information is needed for the Corporate Tax Declaration?
In order to submit a Corporate Tax Return, the company must first have Government Gateway account information. In addition to this information, the company must have activated the UTR and activated the corporate tax. Furthermore, accounting records must have been kept and a profit and loss statement must have been prepared for the dates covering the tax period.
Do I have to submit a Corporate Tax Declaration?
In the UK, every company is liable to pay Corporation Tax on the net profit it makes. Therefore, all companies must file a Corporation Tax Return at the end of the financial year. If the company has not traded during the relevant tax period, it may file a Dormant Account Return.
Dormant Account Declaration
A company registered in the UK may not generate income during the financial year for certain reasons. Such companies are called dormant and must submit a Dormant Account Statement for the relevant tax period.
The Dormant Account Statement is filed at the end of a company's financial year. In the UK, a company's financial year is not fixed but is determined by the date of incorporation (although companies can change their financial year dates later if they wish). The Dormant Statement of Accounts must be filed no more than 9 months after the end of the financial year.
What happens if a Dormant Account Statement is not submitted?
Every company registered in the UK must file a Corporation Tax Return at the end of the financial year if it has generated income or a Dormant Account Return if it has not generated income. Otherwise, the company director may have to pay a fine for failure to file the returns.
VAT (Value Added Tax) Declaration
VAT can be very time consuming for UK businesses due to the extensive paperwork and inherent complexity. The existence of multiple VAT schemes, each with their own advantages and disadvantages, makes it necessary to carefully assess the VAT status of each new product or service.
Making mistakes in the processing of VAT can have several negative impacts on your business. Firstly, miscalculations can lead to overpayment of VAT, negatively impacting your cash flow. Secondly, HMRC imposes significant penalties for late filings or incorrect VAT returns.
Our UK-based team of specialist Export Partners ensure that VAT is collected correctly for each transaction, that the correct payments are made to HMRC and that returns are filed on time and accurately.
We also provide guidance on voluntary and mandatory VAT registration, deregistration if your turnover falls below the threshold and flat-rate VAT schemes. In the area of Making VAT Tax Digital, we ensure that your business complies with the current regulations on digital record keeping and reporting.
Our other comprehensive VAT service
- Recommendations on voluntary VAT registration
- Registration and deregistration
- Partial exemption calculations
- Timing of VAT payments for cash flow
- VAT plan advice
- VAT on imports and exports
- Support in dealing with HMRC