Company Registration in the UK
Company registration in the UK is easy and hassle-free if you have expert guidance. YKG Global will be able to save you time and provide you with expert advice. You can rely on our team of professionals to provide you with a smooth experience throughout the whole process of company registration in the UK. We make sure your UK company is operationally ready within the committed time.
Our package for UK company registration includes the below:
- Company registration
- Local company secretary
- Registered address
- corporate bank account
- License applications (if required)
- accounting and tax services
Types of companies in the UK.
- Private Limited Company (Ltd)
- Public Limited Company (PLC)
- Limited Liability Partnership (LLP)
- Unlimited Company
- Community Interest Company (CIC)
- Sole Trader
- Charitable Incorporated Organisation (CIO)
Documents required for UK company registration
- Memorandum and Articles of Association
- Certificate of incorporation
- Statutory declaration of compliance
- Declaration of solvency
- The registered office address
- Details of the directors
- Details of the shareholders
- The share capital information and the prescribed peculiars
- Details about those with significant control over the company
- Notarized copies of identification documents of shareholders and directors.
Advantages of company registration in UK.
Political: As per the Corruption Perceptions Index reported by Transparency International, the UK is ranked the 12th least corrupt country worldwide.
UK is a permanent member of the United Nations, a founding member of the North Atlantic Treaty Organization, and a member of G8. So the UK holds significant influence over global issues such as economic, as well as political, cultural, military, and scientific affairs.
When the UK leaves the EU, it may be placed in a better position to face global events and market shifts. The UK will have more control over its own laws and regulations, resulting in higher response time in introducing new economic policies.
Economical: According to the Global Competitiveness Report published by the World Economic Forum, the UK was awarded a score of 81.20%. As such, the UK is ranked the 9th most competitive economy in the world.
According to the latest annual ratings given by the World Bank, the UK is ranked 6th largest economy in the world and 20th highest in terms of GDP per capita.
Social
The UK possesses a literacy rate of 99%. In addition, English is the country’s official language. You will not face any communication barriers when speaking to local government authorities or bankers or when trying to read corporate or legal documents.
The UK has a population of close to 67 million people. The Labour Force Participation Rate of 79.8%, out of which a majority of them are high skilled workers with excellent proficiency in English.
Technological
The UK is home to many electronic money and payment institutions. These companies are regulated by the UK Financial Conduct Authority (FCA), which regulates more than 59,000 financial services firms.
Legal
According to the latest annual ratings given by the World Bank, the UK is ranked 8th in terms of ease of doing business. This is because of the straightforward company formation process, allowing UK companies to be registered within 1 business day.
You are not required to appoint a resident director when registering a UK company. However, UK banks will usually require a local director before opening a corporate bank account for your business.
Environmental
According to the Environment Performance Index, the UK is ranked 6th in the world.
Why Choose YKG Global for UK Company Registration?
At YKG Global, we are committed to simplifying the UK company registration process for entrepreneurs in India. Our services include:
- Name Reservation: Ensuring your business name is available and compliant with state regulations.
- Document Preparation: We handle all the paperwork, including articles of organization or incorporation.
- Filing with the State: Our team manages the entire filing process with the relevant authorities.
- Registered Agent Services: One year of registered agent services, meeting legal requirements.
- Priority Filing: Expedited processing to reduce wait times.
- Dedicated Support: Access to a support team to answer any questions throughout the process.
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