 Global Business Incorp Limited is a London based company offering company formation (UK, EU and Offshore), business start up, accountancy and bookkeeping services to benefit companies of all sizes. Behind all our services is a professional, multilingual team of qualified accountants and business Consultants willing to advise you, offering you the personal service you would expect for your business. Our aim is to guide you to develop and compete in this ever-challenging business environment. Setting up a UK or Offshore company could not be easier; our website is designed to help you with company formation in the UK and Offshore. Global Business Incorp Limited will assist you from selecting the suitable corporate entity, forming the company to starting up your business.
We provide a quick and professional service in the following services:
UK company formation: UK Limited Company, UK Limited Liability Partnership (LLP), Public Limited Company (PLC), UK Holding, Uk Agency, UK Branch, UK Subsidiary, Scottish company and Ready made Companies.
EU Company Formation: Cyprus, Malta, Gibraltar and Ireland.
Offshore Company formation: BVI offshore, Belize Offshore, Mauritius Offshore GBC 1 and GBC 2, Mauritius Trust, Mauritius Global Funds, Seychelles IBC , China Company incorporation, Hong Kong Incorporation, India company Incorporation, Singapore Company Incorporation, Dubai Offshore companies, Delaware Offshore Company Incorporation and BVI Offshore Company Incorporation.
Business Start up services: Opening UK /offshore Bank Accounts, Nominee Services, Secretarial services, Registered office address, Mail forwarding, Telephone and Fax Services, Full Virtual office and Apostile and Notary services.
Accountancy Services: Bookkeeping, Final Account and Tax Computation, VAT, Payroll, Personal Tax, and CIS Registration.
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Setting up and Registering a UK Company |
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Many types of UK registered company can be formed including:
UK Private limited company (Ltd), UK ltd limited companies are limited by share or by guarantee. We help you every step of the way when setting up a limited company formation in the UK. Forming a limited (Ltd) company in the UK gives your company prestige and gains respect and recognition around the world. We can also help you with the formation of dormant companies either for name reservation or for future usage of the dormant limited company after formation. To set up a UK limited company today follow our easy online guide or contact us at our London based UK office today to speak to our knowledgeable and helpful staff.
UK Limited Liability Partnership (LLP), A Limited Liability Partnership ('LLP') is similar to an ordinary partnership in that a number of individuals or limited companies, known as the "Members", share in the risks, costs, responsibilities and profits of the business. The difference is that liability is limited to the amount of money they have invested in the business and to any personal guarantees they have given to raise finance. This means that members have some protection if the business runs into trouble. An LLP does not have a share capital or a set of Memorandum and Articles of Association. Instead, the Members of the LLP can choose to put in place a LLP Agreement that binds all the members. This document is not required to be sent to Companies House and is therefore not available to the public. Global Business Incorp Limited can produce a LLP Agreement tailored to your requirements. LLPs are commonly used by professional practices such as accountants, lawyers, architects, etc.
UK Public Limited Company (PLC) Public Limited Company formation in the UK is one of the most prestigious entities that one can have; the company can offer its shares for sale to the public through floatation on the London Stock Exchange or the Alternative Investments Market. A PLC must have at least £ 50,000 worth of share capital; at least 25% must have been paid for. Global Business Incorp Limited can help with the formation of UK PLC company formation. A qualified secretary must be appointed as a requirement of PLC formation.
UK Agency: UK Agency companies are frequently used on behalf of an undisclosed offshore company. By using a UK registered company, which agrees to transact business on behalf of an offshore company, a structure is available which gives an on-shore profile yet allows the benefits of offshore taxation. This structure is ideal for use as a European trading structure where the receipt of invoices from an offshore company would not be acceptable. Global Business Incorp Limited can provide such a structure, which has been accepted by the UK tax authorities, in English law.
UK Branch: Many organisations want to expand into the UK but for many reasons may not want to establish an incorporated entity in the UK. The UK has an open, transparent and business-friendly system to encourage the formation of new businesses. There are two regimes under which oversea companies can be deemed as having business activities in Great Britain.
- A branch: A 'branch' is part of an overseas limited company organised to conduct business through local representatives in Great Britain rather than referring it abroad.
- A place of business: A 'place of business' is for companies who cannot register as a branch because:
UK Holding Companies: Companies may own one or more other companies which are its subsidiaries. The relationship between parent and subsidiary depends on majority control of the voting rights of shares or the ability to control the board of directors. A UK holding company is a company established for the sole or majority purpose of holding shares in the Groups subsidiary companies incorporated in countries in which the Group is engaged in business activities. The holding company will receive the dividends paid by those subsidiaries and use them to declare a dividend to the ultimate parent. Global Business Incorp Limited can assist you in forming your UK holding Companies.
Ready Made Companies Global Business Incorp Limited has a list of readymade companies complete with bank accounts and VAT numbers (if required), these companies are instant providing you with an instant Company number. Most of these UK shelf companies have names which would be suitable for virtually any business. Most of these companies have not previously traded (these come with a non-trading certificate) others have traded with updated clean financial records. Through this route we can provide you with "vintage companies" originally incorporated several years ago, this can be a useful way of gaining trust of your clients as your company will have been established several years ago.
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Setting-Up and Registering an Offshore Company |
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Global Business Incorp Limited provides offshore company registration services and the subsequent support required for their smooth operation and maintenance. Such services include provision of the registered address, agent and resident secretary, provision of company management and administration services, offshore bank account, mail forwarding, custody of documents, preparation of corporate documentation, general administration and a range of further. As a regulated offshore service provider, we are required to comply with strict standards of staff competence, quality of the internal procedures and accountability. If you have an idea for a business, we can also assist you in start-up your new business directly in offshore countries. We specialises in the following jurisdiction:
EU Companies: Cyprus IBC- A Cyprus International Business Company (IBC), Malta - Malta International Trading Company, Malta International Holding Company and Malta re domiciliation. Ireland – Irish Private limited companies are the most common form of business entity used in Ireland. Gibraltar company -Gibraltar non resident company and Gibraltar exempt company
Africa and Middle East –Dubai Offshore Incorporation - Dubai RAK Offshore and Dubai Jebel Ali offshore, Mauritius GBC 1 - Incorporate a Mauritius GBC 1 to invest in India, Effective rate of tax 3%, take full advantage of the double tax treaties exist between Mauritius and other countries. Mauritius GBC 2 - No taxes when you incorporate a Mauritius GBC 2, Simple and Easy to incorporate a Mauritius GBC 2 Offshore company and Seychelles Offshore Incorporation - Seychelles Offshore IBC
Asia - China Company Incorporation - China Joint Venture, china Wholly Foreign-Owned Enterprise, china Representative Office, Hong Kong Company Incorporation , Singapore company incorporation and India Company Incorporation
America - Belize - Belize Offshore company, BVI IBC Company (British Virgin Island) - BVI Offshore incorporation, Florida and Delaware LLC. |
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Business Start Up Services |
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Bank Account Opening: Global Business Incorp Limited can help you open UK bank accounts, accompany you for the meeting with the bank manager and fill-in all the bank account applications for you. Most UK banks will require you to come at the meeting personally while offshore banks (banks based outside UK) do not necessarily need you to meet the manager in person. Each bank has different bank account charges; some banks provide free banking for the first 12 months. Once your company bank account is open you will get your sort code, bank account number, swift and IBAN number for you to start operating your business. You can also open a savings account and accounts in different currencies. You will get the online facilities, debit card, fax pay facilities, cheque books and paying in books. We can help you open UK bank accounts with banks such as HSBC, Barclays, NatWest, Royal Bank of Scotland. We can help you open offshore banks accounts or overseas bank accounts in HSBC (Isle of Man or Jersey), Bank of Cyprus and FBME (Cyprus), Barclays (Mauritius), State bank of Mauritius (Mauritius), Standard Bank (Jersey).
Virtual Office Services:
Registered office - This is the address to which all official documents can be sent and should be an address where mail can be received and efficiently sorted, this does not have to be the companies place of business. Global Business Incorp Limited can offer Registered Office Services (central London address) if you do not have a suitable address. (All companies registered in England and Wales must have an address based in England or Wales).
Mail Forwarding - A business address will help you to present a professional image and help your business to be perceived as being bigger than it actually is which helps open doors to dealing with larger companies, it can also help you establish yourself in other areas or countries. Overheads are dramatically reduced and there are no hidden fees. Upon signing up, you are then eligible to apply the address to all your company stationery, website and other material such as advertising and marketing. We can also receive general business mails and small parcels which will be forwarded to you via mail (postage fee will be charged), email or fax.
Telephone and Fax services - Your calls will be answered by one of highly trained receptionists to give you a very professional appearance. We can screen calls if requested to limit potential wasted time and nuisance calls, and divert your callers to whatever number you require. We can also keep the name, message and contact numbers of the caller and send you an email on the spot. We will also handle all your faxes to ensure you can focus on daily business activities.
We can also provide you with a Full Virtual Office packages, please use our simple virtual office navigation.
Nominee services - Once formed, a UK company would need to have the following officers, a company secretary, a company director, a company shareholder. Global Business Ltd can provide you with all of the above three officers (Nominee Secretary, Nominee Directors, Nominee Shareholder) through its associate company GAC Secretary Limited. The details of these appointed officers are available for public inspection via the companies’ house website. For reasons of privacy you may wish to consider applying for these services to avoid divulgence of your personal details to the public.
Company Secretarial Services: Complying with statutory obligations to keep company records up-to-date is a significant and time consuming responsibility. Automatic fines are levied for late filing of accounts, and directors and secretaries in default of the many filing requirements of the Companies Act 1985 render themselves liable to prosecution, and in serious cases, disqualification. Through our secretarial services company, GAC secretary Limited, our dedicated and expert team provides the full range of specialist company secretarial services. For a flat annual fee, Global Business Incorp Limited can take care of your company's compliance saving you time and money. This service includes the following:
Company Renewal: Every company should fulfil their annual statutory requirements. A company must deliver an annual return to Companies House within 28 days of its made-up date. This is the date at which all the information in an annual return must be correct. The made-up date is usually the anniversary of: The incorporation of the company; or The made-up date of the previous annual return registered at Companies House. Global Business Incorp Limited ca assist you in filing your annual return
Change Of name: Global Business Incorp Limited can help you draft your special resolution for the change of name of your company and amend the Memorandum and Articles of Association.
Company dissolution and restoration: Company Dissolution is the simplest and cheapest method for a closing down a private limited company which is not trading is to apply for it to be struck off the register of companies. This is quite a common situation that usually arises when directors of the company want to retire or when the owner/sole director wishes to return to PAYE or self employed status. If you have a limited company that is undergoing insolvency proceedings, or that is likely to do so, cannot apply. A company can be restored to the companies House Register. The company or any member or creditor may apply to the court for restoration if the company was struck off at the instigation of the Registrar of Companies. If the company was struck off on the application for voluntary striking off by the Directors, any of the parties who must be notified of the application for voluntary striking off, e.g. the members, existing and prospective creditors, employees, managers or trustees of any employee pension fund and any Directors who have not signed the application form for striking off, may apply to the court for restoration. Apostile and Legalisation: Global Business Incorp Limited can provide a complete apostille, notarisation and certification service for all UK incorporated companies who require incorporation evidence for an overseas body or who wish to register a foreign branch. Certificate of Goodstanding: A Certificate of Good Standing is usually issued by the Registrar of Companies stating that your company is professional and organised with a good standing certificate which have filed all the necessary documents and forms in order to meet statutory disclosure requirements. Whilst most companies generally do not require a certificate of good standing, those whose directors are largely based overseas and who wish to carry out business activities in those countries are frequently requested to produce one. If a company is late in filing its annual return, or has failed to update information about the company's constitution, ownership, or control it will not qualify for a good standing certificate until these issues are rectified.
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Global Business Incorp Limited can relieve you and your team of a major burden by looking after all your book-keeping and accounting tasks, including compiling and filing of your annual accounts. Our dedicated staff will work closely with you to fully understand your business needs. We will then tailor a package of services to meet your specific requirements. Our goal is to provide your company with up-to-date, accurate financial data. Our services are particularly geared towards small and medium sized business and start-up companies, and we are ideally placed as a service provider for:
Bookkeeping: If you are new to business, keeping books and accounting can be a daunting prospect. Both time consuming to do yourself (even if you have the skills) and expensive to employ a specialist. Equally, if you are an established company, outsourcing your Book Keeping and Accounting requirements will almost always make sound economic sense.
Statutory accounts: Every UK limited liability business is required to file accounts in Statutory Format with Companies House and HM Revenue and Customs. These accounts are then used to calculate the amount of tax payable, based on profits and other forms of income. These accounts are important from an individual's perspective as well. Not only do they provide you with information about the profitability and stability of your business, they can also help when requesting finance, both personally and for the business. We are specialists in the production of statutory accounts for all types of businesses, the accounts for a Limited Company, a PLC, a LLP or consolidated accounts for a group of companies. Global Business Incorp Ltd can prepare accounts for dormant companies, non trading companies and trading companies. Once your company is incorporated you have a statutory requirement to file your accounts with Companies House and Inland Revenue. The full set of Accounts are due to be filed with HM Revenue and Customs 12 months after the accounting period ends and tax returns must be filed and paid 9 months and 1 day after the annual accounting period ends. The abbreviated set of Accounts is due to be filed with Companies House 9 months after the accounting period ends. Your UK Company may qualify as a "small company" in respect to the preparation of its financial statement/accounts based on the following exemption rules: your company turnover is less than £ 6.5 million and your net assets are less than £ 3.26 million or you have less than 50 employees. If any 2 of the 3 conditions is exceeded then your company accounts will need auditing. Global Business Incorp Limited can provide accountancy services to fulfil your statutory requirements after incorporation of your UK Company.
Value Added Tax (VAT): Global Business Incorp Limited can help you in getting VAT registered with the HM Revenue and Customs and file your VAT return quarterly. If your UK company turnover exceeds £ 73,000 it is your statutory requirement to apply for a VAT number. Although you may always apply voluntarily for this even if your company does not reach this limit. After the VAT application has been submitted to HM Revenue and Customs, the process takes between 6-12 weeks to get a definite answer from the VAT office. Once your application is successful your company will be issued with a VAT certificate. In most cases VAT returns are submitted to HM Revenue and Customs on a quarterly basis 1 month after the quarter.
Payroll (PAYE): Before your company has any employees you will have to register with HM Revenue and Customs as an employer and obtain your PAYE reference number. PAYE liability is paid 20 days after the month end. An annual return must be submitted to HM Revenues and Customs every year. Global Business Incorp Limited can provide your company with complete payroll services.
Personal tax return: Global Business Incorp Limited can help you with your Tax return so that you meet your deadline with the HM Revenue and Customs. CIS Registration: We relieve the burden of this from our clients with our outsourced CIS service. This comprises:
- Advice on whether to register for the CIS.
- Registration with HMRC.
We welcome you to visit our website to see how we could be of assistance to you. |
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