Register a UK Company from India

Can you register a UK Company from India? You do not necessarily need to be living in the UK to register a company in the UK. Any nationality can start a business in the UK, no matter you are currently a resident outside the UK

You do not need UK-resident status for starting a company in the UK. The basic requirement is that the entity – a sole proprietorship, a company etc. must be registered in the UK (registered address of the entity must be within the UK jurisdiction).

Foreign nationals can acquire an address in the UK to register your company with the Companies House. This can either be an owned property or a rented property or the property another owner who agrees to have your business registered to their address, or a virtual office address. UBCS can help secure an address for your business -  Contact UBCS for UK Address Service

Who can be the shareholders in your UK company?

You can be the sole shareholder and director in your UK company. You do not need a UK resident or British national to be a shareholder in your company to start your business in the UK. Your Indian Business Entity – e.g. a Company registered in India – can own shares in your UK Company as well.

Indian Businesses increases their presence in the UK

Not many seems to be aware that Indian companies are increasing their presence in the UK more than ever. Indian-owned companies operating in the UK have already hit record high numbers.

For instance, a lot of Shipping companies and NVOCC businesses from India are registering new companies in the UK – with the primary objective of expanding their business and increasing the brand’s image among their customers. Contact UBCS for registering your new Shipping Company in the UK.

The year-on-year increase in the number of companies getting registered in the UK is remarkable, amidst the continuously evolving operational challenges and rising costs. This increasing presence of the Indian companies in the UK is reflecting the strong relationship between the two democracies.

Benefits of registering a UK Company

London is a financial hub of Europe and is home to many of the Fortune-500 companies. UK’s big economy and the strength of the British Currency – Pound Sterling – presents many opportunities to the non-UK businesses. Listed below are some of the reasons why Indian entrepreneurs starting business in the UK by setting up a UK company.

• The UK offers significant opportunities and capital for expansion (investors, venture capital funds, trusts etc.)
• Investors from all around the world are looking for new opportunities and the UK’s Venture Capital Funds & Trusts connects potential businesses with the investors.
• The UK keeps up with state-of-the-art technology and strong infrastructure development.
• The process of UK company incorporation is much simpler and faster as compared to other nations. Taxation, Reporting and Regulatory frameworks in the UK are also pretty simple compared to many other foreign jurisdictions.
• By starting a business in the United Kingdom as a foreigner, you can actively trade goods & services through that business and earn profits. The benefit it does offer is that you’ve got a UK company and you are trading through a British business, which gives your brand better reception in the domestic market and in the EU market
• Your business can benefit from the highly skilled resources in the UK job market, by hiring people who have the Right to Work within the UK.

Starting a Business in the UK – Do you need UK Work Permit?

There is no need for a visa to establish a business in the UK. You do not require a Work Visa / Work Permit to start a business in the UK or to register a company in the UK.

However, it is critical to note that starting a company in the UK does not automatically grant you the Right to Work in the UK. Work Visa / Work Permit gives you access to the UK job market, and this makes you eligible to work in the UK and earn ‘Salary’ income.

Taxation in the UK

Your UK business will pay tax on their earnings just as any other business would do. You’ll also be able to draw a salary (subject to taxation rules) from the revenue just like any other UK business director.

Speak to UBCS today to understand more about starting a business in the UK -  Contact UBCS