UK Ltd formation

[bigsmoke]

Hi all. I would like to form an UK based Ltd company and stumbled across this site: Company Formation from £9.99 | The Formations Company
Are they legit? Do you have any experience with them?
Also, which fiduciary would you recommend if not them?
I'm not looking to move huge cash, the company itself is in early phase and it's focused on IT.

 

[bilderberger]

You don't need to use any fiduciaries for UK formation, you can file the formation papers yourself directly on companies house website.

 

[Martin Everson]

Do it yourself as mentioned. See below post.

https://www.offshorecorptalk.com/threads/countries-with-cheap-maintenance-fees.25940/post-97334
If you are not comfortable then reach out ton one of the providers on here.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[bigsmoke]

bilderberger said:
You don't need to use any fiduciaries for UK formation, you can file the formation papers yourself directly on companies house website.
Click to expand...

I dont have UK address.

Are these legit? Any experience with them?
https://www.virtualukoffice.co.uk/product/virtual-office/

 

[CaptK]

Not having a UK address is not a problem until you want a bank account. Transferwise and Revolut will open you an account.

 

[bigsmoke]

CaptK said:
Not having a UK address is not a problem until you want a bank account. Transferwise and Revolut will open you an account.
Click to expand...

A director must provide 2 addresses:

• a correspondence address for the public register - known as a ”˜service address'
• their home address - known as the ”˜usual residential address'

 

[CaptK]

They both can be rented on an annual basis.

 

[James Turner]

@bigsmoke We can assist you with UK company formation including Registered Office Address and assist with maintaining the company for you.

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[JohnLocke]

I can only recommend Turner Little and their service if you find them useful!

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[ramosmarbella]

If I form a Ltd in UK from Spain. I do have to pay taxes in my country? And self-employment fees?

 

[JustAnotherNomad]

ramosmarbella said:
If I form a Ltd in UK from Spain. I do have to pay taxes in my country? And self-employment fees?
Click to expand...

Yes.

 

[Zuzuud]

Hello!

How difficult is open a bank account in the UK for a new uk company nowadays? Is there an way to open it remotely?
Transferwise and revolut is a real option here? I mean those are let me open without having a "real" uk bank account?

Thank you

ps: as a non-resident UK, but EU citizen

Last edited: Oct 24, 2020

 

[boomy]

Zuzuud said:
How difficult is open a bank account in the UK for a new uk company nowadays? Is there an way to open it remotely?
Click to expand...

EMI's like Transferwise and Revolut are the one to use today for fast and easy opening. If you rent a office and get some staff in the UK you can go and open bank accounts in Cyprus. Requires legit business.

 

[galadrel]

boomy said:
EMI's like Transferwise and Revolut are the one to use today for faIst and easy opening. If you rent a office and get some staff in the UK you can go and open bank accounts in Cyprus. Requires legit business.
Click to expand...

I thought that for Revolut you have to be an EU resident in order to open a business account or any account at all?