What You Need to Register a Company in the UK
The UK is a powerhouse. More than that, it is a special gateway to the entire Europe. Well, forget about the Brexit for now because the UK has consolidated its space, economic policies, and structures that make it the best firing canon for businesses that want to grow fast into multinationals.
To take advantage of this irresistible jurisdiction, you need to register a company. This post is a demonstration of how to register a company in the UK and see your business grow fast until it hits the league of other multinationals.
Special Benefits of Registering your Business in the UK
In addition to its impressive location in the heart of Europe, it is also important to understand other benefits that you will enjoy by incorporating a business in the UK. The most notable of these benefits is the UK’s highly educated population. This means that no matter your niche, you will always have the right workforce to drive the business to the next level.
The UK has entered into many trade agreements that your company can use to grow faster. It has more than 1000 trade agreements with countries across the globe for preferential treatment of its companies. Therefore, whether you are in the import or export niches, the UK will never disappoint.
Your company has access to a ready market. The UK population is approximately 66 million with a GDP per capita of 42,506.085 USD. The high purchasing power means that when you present a high-quality product and market it well, people got the money to purchase.
How to Register a Company in the UK
To register a company in the UK, you are required to prepare and present the documents to the Companies House. Here are the main documents and other requirements that you need to register the company:
- A registered company address that should also act as the headquarters if the business will have subsidiaries.
- A company name.
- Statement of initial capital (share) for registering the limited liability company.
- Details of directors and shareholders (these should include names, residential address, and copies of their passports details).
- The details of the company secretary (residential address and copy of his/her ID or passport).
These particulars should be presented to the Companies House for the registration to commence. At this point, it is prudent to point out that many investors find it very difficult to prepare all the documents. You may find it complex or simply lack time to prepare them. You should consider using an agency.
- Incorporating your Company in the UK using an Agency
Agencies are legal entities that are allowed by UK law to help with company registration. Here is how to use the agency to register a company:
- Step one: Identify the right agency and provide your details. These include names and copies of shareholders passports/ IDs.
- Step Two: The agency prepares the documents for your company registration and submits them to the Companies House. It can also help you to pick a company secretary and get the company address.
- Step Three: The certificate of incorporation is mailed to you. This certificate contains the company name, the date it was incorporated, the type of the company, and address.
When you decide to incorporate a business offshore, the first step is picking the right jurisdiction. To register a company in the UK, the simpler and professional way is using an agency. The agency makes the process fast, professional, and reliable.