Why the UK
A UK Ltd is one of the most recognisable and accessible jurisdictions in the world. Registration takes 24–48 hours online. Stripe, Wise and most payment systems work natively. Ideal for startups, SaaS and agencies where brand recognition and jurisdiction prestige matter.
Tax System
| Type | Rate |
|---|---|
| Corporation tax (profit up to £50,000) | 19% |
| Corporation tax (profit over £250,000) | 25% |
| VAT (turnover > £90,000/yr) | 20% |
| Capital gains tax | 19–25% |
Who It Is For
- SaaS startups that need Stripe without restrictions
- IT agencies with European and US clients
- B2B service companies where jurisdiction reputation matters
- Mobile app developers (Apple/Google accept UK entities natively)
Requirements
- Valid passport of the founder
- Director's address (can be abroad)
- Registered address in the UK (provided by agent)
- Company name (checked via Companies House)
Cost & Timeline
| Item | Amount |
|---|---|
| Company registration | £12–50 (online, Companies House) |
| Annual maintenance (via agent) | from £200/yr |
| Accounting and filing | from £500/yr |
| Registration time | 24–48 hours |
| Business bank account | 1–4 weeks |
Pros & Cons
Pros:
- Instant registration — 24–48 hours
- Stripe, Wise, PayPal, Shopify — native
- Globally recognised jurisdiction
- No local director requirement
- 19% tax for small companies (up to £50,000 profit)
Cons:
- 25% for larger companies — above EU average
- Bank account opening is harder post-Brexit
- Strict HMRC reporting and accounting requirements
- Post-Brexit substance needed for EU dealings
FAQ
Can I open a UK Ltd as a non-resident?
Yes. The director and shareholder can be non-residents. You only need a registered address in the UK, which an agent provides.
Do I need to register for VAT in the UK?
Only if your turnover exceeds £90,000/year. Below that threshold, VAT registration is not required.
How quickly can I open a bank account for a UK Ltd?
Traditional banks (Barclays, HSBC) take several weeks with strict KYC. Best options: Wise Business, Revolut Business or Airwallex — open online in 1–3 days.