United Kingdom

Whilst not normally considered an offshore zone, with careful planning, where the management and control and trading activities of a UK company are carried out wholly outside of the UK, then UK corporation tax does not become payable. In this way, a structure has the benefit of a UK entity without the corporation tax charge.

The UK is an established location as part of many corporate structures since it is well regulated, has a wide set of Double Tax Treaties and a strong financial services system.

We recommend using a UK company as an Intermediary Holding Company or a middle trading company acting as agent in a more complex structure.

Types of companies

Private Limited (Ltd)

  • registered within 24 hours,
  • minimum £1 share capital,
  • ordinary and preference shares issuable,
  • UK registered office address is required,
  • minimum of 1 Director (can be non-UK resident),
  • corporate Directors are permitted, but there must be at least one natural person also,
  • no requirement for a Company Secretary,
  • annual accounts must be prepared and filed but only large companies require an audit report,
  • full access to double tax treaties.

Public Limited (Plc)

Similar to a Private Limited company except:

  • minimum two Directors,
  • minimum share capital of £50,000 of which 25% must be issued (but not necessarily paid)
  • Company Secretary is required,
  • audit is required regardless of turnover.

Limited Liability Partnerships (LLP)

  • suitable for professional partnerships seeking limited liability,
  • taxed as a corporate entity,
  • no access to double tax treaties.
Taxes & Rates

Corporation Tax and Capital Gains tax (for companies) is charged at 20% on profits. A scale charge applies for certain turnover levels resulting in higher corporation tax rates. VAT is currently 20%.

Double tax treaties: most countries worldwide except for zero tax jurisdictions.



Connect With Us

Signia Group
Level 4, Al Mamoura Bld 'B' Mohamed Bin Khalifa Street,
PO Box 46400, Muroor, Abu Dhabi, United Arab Emirates.

Tel: +971 (0)2 659 4021

Fax: +971 (0)2 659 4019

Email: info@signiagroup.com