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Company Formation in the
United Kingdom

Get started with your UK company formation.

Historically playing a leading role in global affairs, the United Kingdom (“UK”) is a leading trading power and financial center and has often been a popular destination for company formation. As of 2018, over 5.7 million private sector businesses were recorded in the UK. Multinational corporations have often utilized the UK as their European base and its financial markets are an integral part of the global economy. Although having recently left the European Union, the economic foundations set by UK company law remain strong, ensuring that UK company formation remains an attractive prospect for international businesses and individuals.

Our services include: 

  • Company formation
  • Provision of a registered office / virtual office
  • VAT registration
  • Opening of a company bank account
  • Annual filing and maintenance assistance

We offer a unique delivery model with technology that enables us to provide an unrivalled service which has successfully supported more than five hundred companies.

Benefits of Company Formation in the United Kingdom

  • UK company law is modern, flexible and commercially minded
  • Limited liability protection
  • Tax benefits through over 100 tax treaties that the UK has concluded
  • Local office lease not required for UK company formation but must nominate a registered office in the UK to which all communications and notices may be addressed
  • Company secretary is optional 
  • Minimum capital of at least GBP 1 required for company formation purposes

United Kingdom Company Formation Requirements

The UK company formation process has been well-established. The requirements surrounding UK company formation are not as stringent as many initially assumed. A UK company must have at least 1 shareholder and 1 director, although the position of company secretary is optional. In addition, the UK does not impose minimum capital requirements although it is recommended to inject at least GBP 100 into a company.

Unlike many countries where a physical office address is required for company formation, the UK does not require one. A UK company must at least maintain a registered office in the UK in which all communications and notices may be addressed. For purposes of company formation in the UK, a virtual office may be utilized.

Annual Maintenance

  • Must file a confirmation statement at least every 12 months detailing any changes to a company’s share capital, people with significant control or directors
  • Maintain a register of individuals or legal entities that have significant control
  • Adequate accounting records must be kept at the company’s registered office (or another place in the UK designated by the directors) for 3 years. A copy of the accounts and auditor’s report must be delivered to the Registrar of Companies House within 9 months of the end of the financial year, upon which they will become publicly available
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Who can be a company director for a UK company?

While there are very few restrictions on who can be a shareholder for a UK company, there are more rules governing who can be a company director. 

Firstly, a company director of a UK company must be either a real or ‘natural’ person. In addition to being a ‘natural’ person, company directors must be over the age of 16. However, it is recommended to have company directors above the age of 18 to the extent that they are expected to sign contracts on behalf of the company. 

So long as the company director is a real person and over the age of 16, the assumption is that anyone (including non-British citizens) can be a company director in the UK. This does not apply to individuals who are undergoing bankruptcy proceedings or has been disqualified from being a company director in the past.

Are there certain business licenses required for my company to operate in the UK?

In the UK, no general business licenses are required. However, licenses or permits may be necessary to conduct certain activities in specific industries. Please contact the FastLane group for any questions regarding your business operation concerns.

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