Keep Calm and Setup in the United Kingdom
The United Kingdom never ceases to amaze with its first-class business opportunities.
About UK’s incorporation requirements
Forming new businesses in UK is transparent and well-oiled engagement. There is no restriction on the shareholder, who can also be corporate body. Furthermore, there is no requirement for minimum issued share capital.
Every UK company must have at least one director who is ordinarily resident in UK. Favorably, international business can negate that with the expert assistance of Healy Consultant’s resident director service, plus there is no requirement for personal travel during the engagement (http://www.healyconsultants.com/
About UK’s favorable tax incentives
The UK imposes favorable tax regime and incentives. The Government’s Plan for growth increase drives coordinated action that seeks to create the most competitive tax system in the G20 and best in Europe.
The standard corporate tax is levied at 21%, as of 1 April 2014, with lower rates for small enterprises. Consequently, UK offers the lowest corporate income tax burden between the European countries in G20. Furthermore, the Kingdom has NO withholding taxes on dividend payments, and with its more than 120 double taxation treaties greatly reduces withholding tax burden on interest and royalty payments.
Substantial shareholdings exemption is also available under corporate tax law, making the UK an attractive holding company location.
UK greatly benefits from its positive image and a resident company is an ideal corporate vehicle to promote to customers, investors, venture capitalists, etc.
Healy Consultants (http://www.healyconsultants.com/
Mr. Aidan Healy, Business Owner