Official name is "The United Kingdom of Great Britain and Northern Ireland", a population of about 60 million, the official and common language are English. The capital is London; it is an international finance and banking insurance leadership center.

United Kingdom is located inthe western of Europe, which is composed of England, Scotland, Wales, the northeast island of Ireland and some of the small islands; The North Sea, Strait of Dover, English Channel are facing each other across the sea with the European continent. An area of 244,100 square kilometers, is the location of 0 degrees longitude, which is the starting point of the world's time zones.Joining the European Community in January , 1973.

Registration Advantage and the Use for Establishing UK Company

1. Easy set up, simplified process, minimum one shareholder required
2. Tax-free income of offshore company (same with other offshore companies)
3. Bank account can be opened and accepted anywhere around the world
4. It is perceived and considered as “Legal” tax planning and enhance the “Brand Image”
5. Play as a“Broker’s” role, managing contract commissions, royalties, etc.
6. Do not worry about other “tax havens “difficult to win the trust developed tax authorities, which will affect the willingness of customer orders.
 
Related Rules to Set Up UK Company

1. The name of British Company (need to ended by Limited or Co., Ltd only, unless the company obtain the corresponding license in the UK)
2. English Taiwan address
3. At least one director, one shareholder (allow same person) passport photocopy
4. Need to provide one secretary passport photocopy (no limit nationality)
5. UK company standard capital is ￡1,000 ~ ￡1,000,000, if higher than £ 100 million, or need to pay an additional five thousandths of stamp duty.

The Concepts of Register UK Company and Annual Audit

1. Every UK company submit Annual return to Company House|(CH) once a year at least. And the annual report shall be submitted within 28 days from the anniversary date of the company.
2. If the company does not submit annual report, CH assumes that the company is no business of the company and may be deleted.
3. Must be pay attention to Company House reserved legal authority to submit annual audit that do not submit, the violation of laws and regulations belong to criminal law.

In general, smaller companies which comply eligible are entitled to audit exemption, but if the small company belongs to public traded company, Group's subsidiaries, banking, insurance and so on, are not eligible for audit exemption.

Account Requirements

1. Submitted by private companies for the first time in the company's accounts must be established within 21 months after the company handled the knot thereafter be submitted within nine months of each year.
2. If the company accounts have not submitted by the deadline, the company is required to pay a penalty as follows:
￭Within a month for￡150
￭More than 1 month, less 3 months for ￡375
￭More than 3 months, less 6 months for ￡750
￭More than 6 months for ￡1,500
3. If the company does not submit accounts, CH assumes that the company is no business of the company and may be deleted.
4. Must be pay attention to Company House reserved legal authority to submit account that do not submit, the violation of laws and regulations belong to criminal law.
5. UK is not stipulate company accounts must be certified public accountants to product company account, only the directors must pay attention to bear the responsibility to the accounts.