Yes, non-UK residents can form and own a UK company. There are no residency or citizenship requirements for shareholders or directors of a UK limited company.

While you do not need to live in the UK, every UK company must have a registered office address in the UK. This can be a physical or virtual office provided by a third-party service.

Yes, non-UK residents can use a virtual office as their registered office address in the UK, provided it meets the legal requirements for receiving official correspondence from Companies House and HMRC.

No, you do not need a UK visa or work permit to start or own a UK company. However, if you plan to physically work in the UK, you may need the appropriate visa or work permit.

Non-UK resident directors or shareholders of a UK company are generally not liable for UK personal taxes, but the company itself is subject to UK Corporation Tax which offers one of the simplest and lowest tax rates as well as straight forward corporate tax systems among OECD countries.

Yes, a non-UK resident can be a director of a UK company. There are no restrictions on the nationality or residency of company directors.

While it is not a legal requirement to have a UK business bank account, it is highly recommended for managing the company's financial transactions.

Non-UK residents may face challenges in opening a traditional UK bank account due to proof of residency requirements. However, Opening a UK bank account as a non-resident bank account is possible with our official business banking partners such as Wise, Tide, Worldfirst, etc. and they are the most popular in the UK among UK residents and citizens as over 85% of new UK startup owners prefer them over traditional banks.

Yes, a non-UK resident company can register for VAT (Value Added Tax) if your business activities require it. If your UK company's taxable turnover exceeds the VAT threshold (£90,000 within any 12 months period), VAT registration is mandatory.

Even if you are not a UK resident, your UK company must comply with UK tax laws, including filing annual accounts and Corporation Tax returns. Many non-UK residents use an accountant or a tax service to handle this. Filing a tax return simply means submitting accounting records to Companies House and HMRC.

• Choose a company name.
• Provide a UK registered office address.
• Appoint directors and shareholders.
• Complete the incorporation process.

Yes, as a non-UK resident, you can manage your UK company remotely from your home country through our platform. With our business infrastructure platform for UK companies, many non-residents successfully manage their UK companies from across the world.

No, a UK phone number or physical office is not required to form a company. However, a registered office address in the UK is mandatory. Virtual office services can be used for this purpose.

As a non-resident director, you are typically not liable for UK personal income tax. However, your company will be subject to Corporation Tax on profits (not revenue) made at the end of each accounting period.

A Person with Significant Control (PSC) is someone who owns or controls more than 25% of the company's shares or voting rights. All companies must declare their PSCs as part of UK company formation and update the PSC register as changes occur. We handle this during incorporation and you can place order for any changes anytime after incorporation.

Yes, many non-UK residents set up UK companies as holding companies for their international businesses. The UK has favorable tax treaties and a stable legal framework for holding companies.

• Main registered office address and director service address where applicable.
• Filing annual accounts and confirmation statements.
• Paying Corporation Tax (subject to only companies that recorded profit)
• Keeping accurate records of business activities.
• You can appoint an accountant or company secretary in the UK to manage these filings.

A company secretary is responsible for ensuring legal compliance and handling administrative tasks. While not mandatory for a private limited company, many non-UK residents appoint a corporate secretary to help manage legal filings and obligations. Although this is not mandatory.

In some cases, non-UK residents may qualify for UK business grants or funding, particularly if the company operates or creates jobs within the UK. However, many grants are restricted to UK-based operations.

If you decide to close your UK company, you can apply for voluntary strike-off or go through a formal liquidation process. This must be done according to UK law, and all outstanding debts and obligations must be settled.