United Kingdom

UK is a Member State of the European Union. Companies registered in the UK are very popular mainly because of the free market of goods, services and capital within the European Union. At the same time, companies registered in the UK can take advantages of contract for investment protection, a double taxation with many countries (including several offshore countries) and other international treaties.

Essential business information in Great Britain

Companies based in the UK have high prestige and much less restrictions than the Slovak business companies. English companies are used as shareholders in other countries companies, the creation of holding structures or various other types of business. In the UK, there is possible to register two basic types:

• Limited Company, Ltd. - Company with limited liability
• Company LLP (Limited Liability Partnership) - a limited liability partnership

Basic capital of Companies Limited and the LLP is 1 British Pound. Company Limited may be based by one shareholder and LLP at least two shareholders. The Managing Director of company may also be other corporation (eg, offshore company and Slovak s.r.o.). Companies registered in the UK can perform all operations except licensed (banking, insurance, financial services, services relating to consumer credit services and job placement agencies) without having to indicate any objects. Another advantage of companies registered in the UK is that the fiscal control has the right to examine the accounts of more than 9 months from filing tax returns.

Company Limited, Ltd.

Company Limited (Ltd) are similar to Slovak companies with liability. Companies Limited are frequently used in international trade, the provision of Internet and online services as well as providing services to customers in the EU.

• Price for setting up a company Limited (Ltd) is € 900 .
• Renewal fee over the next few years € 750 , including all fees and charges for the state seat of your company.

For more information, visit the Company Limited, Ltd.

Company LLP

Company Limited Liability Partnership (LLP) are frequently used type of society but the right structure and draft the documents establishing the tax system is not subject to the UK and therefore is not required to pay income tax of . Such a company may under certain circumstances be regarded as the offshore company.

Company LLP must have two owners and the basic requirements for the Independent Company LLP in the UK tax system is that none of the owners of the company was resident in the UK (can not have citizenship or long live the UK). Similarly, a company may not engage in any activity directly to the domestic market of Great Britain and not have any office or other place of business in the UK.

• Price for establishment of the LLP is EUR 1200 .
• Renewal fee over the next few years € 950 , including all fees and charges for the state seat of your company.

For more information, visit the Company LLP.