View Full Version : Registration UK
arainima
17th May 2005, 10:55
Hi everyone,
Can someone assist me in my business with how to register an overseas business here in the UK. Our business is based in Fiji and in Australia and we have built a strong clientele base here in the UK.
Your views and legal advice would be highly appreciated.
Thank you
Are you looking to register an overseas business from the UK, as in NOT in the UK, or register an overseas company IN the UK, as in a UK company. Your question isn't that clear.
You could form a UKcompany, owned by the Fiji or Australian company, or you can set up a branch, here in the UK, ie a branch of the Fahamiji or Australian company.
This latter route is less common than a separate limited company, possibly because customers may prefer to deal with a locally based company that one abroad in case there are any problems.
Gr
on_way_to_fame
1st June 2005, 03:31
Not sure if its relevant to you or not, but just thought I would say. The minimum investment needed for a foreign national to set up a business in UK is £ 200,000
Alpha
1st June 2005, 16:41
Actually the minimum investment to set up a company in the UK is £1 regardless.
The minimum investment needed to move to the UK and gain residency is £200,000.
Now you know why Roman Abramovich had no problems :D
on_way_to_fame
1st June 2005, 21:31
Thanks for that info alpha. Lets say a foreign national wants to set up a company in UK..as you said the min. investment needed is £1, so on what kind of Visa does he need to be here, to actually set that company, any clues?
Alpha
1st June 2005, 22:40
He doesnt have to be here, only needs a registered office here which he can get from any number of people who offer that service and a company secretary based here if he wants.
There are for example, many companies who have overseas subsidiaries even though they are not based in every country.
and what about accountancy issues and dealing with the taxman?
Alpha
2nd June 2005, 21:28
What about them???
how can someone from overseas deal with them -it was a rhetoric question -
Alpha
3rd June 2005, 00:29
They simply appoint an accountant in the UK to deal with them!!
Example
One of my clients is based in the UK and owns a business based in the USA.
I deal with allthe Uk tax and accounting issues and the client has appointed a CPA in the States to deal with tax and accounting in the USA.
Simple when you think about it.
and what about the accountancy costs?
what someone should look after in choosing the appropriate services?