Do you want to know how to register a Company in the UK as a Non-Resident? Are you a foreign national (Non-UK resident) wanting to start a business in the UK? It is easier than you think! To register a limited company as an overseas national is absolutely no different from that of a British national. You must provide all the same details and file the same documents. There are no immigration hoops to jump through and the process is free of any additional charges for non-residents.
The UK is a large and thriving economy with great growth potential. The stable economic structures, corporate governance compliance, and huge consumer market make the UK an attractive option for creating a business in Britain.
We will assist you in starting a small company in the UK and will guide you to become the international entrepreneur you want to be.
Question: Can a Non-Resident Start a Business in the UK?
The short and simple answer is “Yes”. Anyone of any nationality can start a business in the UK.
You don’t need residential status or a work visa or even to be living in the UK to register a company in Britain. The only stipulation is that the company must be registered to a UK address.
Foreign nationals can easily acquire an address to register with Companies House. This can either be a purchased or rented property, the property of a friend, family member, or anyone else who agrees to have your business registered to their address, or even a virtual office address. Trade & Legal UK will assist you to secure an address for your business.
QUESTION: Does a Non-Resident Need a Visa to Register a Company and start a business in the UK?
There is no need to have a visa to establish a business in the UK. When you set up a company, you do not need to have a work visa. If, however, you want to physically work in the UK, you will have to apply for a working visa.
QUESTION: How Can You Make Money through your UK Limited Company without a Work Visa?
Freelancers and Contractors; In many countries, it is not possible to issue invoices as a freelancer if you don’t have your own company. So, the easiest solution is to start a company with access to the international market and payments.
Digital Nomads; This is a fast-growing UK market and Trade & Legal UK fit in perfectly with the digital nomad lifestyle. Your company and business can be started fully online and is not fixed to any location and is manageable online.
Buying & selling goods, Amazon, Etsy and others; Your company will be the perfect platform to deal with the buying and selling of physical goods. You will be able to open a bank account to receive and make payments from your website.
Start-ups; The UK is Europe’s top hub for start-ups and the market is growing each year. Great Britain attracts billions in investment from the EU, USA and China. It is definitely the number 1 country to implement your unique business ideas.
QUESTION: So how do you register a company as a foreign national?
To start the process of registering a company as a Foreign National, you will need the following:
Company Name: Every business needs a unique name. You can use the Trade and Legal “Our Services” name check tool to find the perfect name for your company.
Business Address: You must have a UK address registered to your business. If you don’t have access to a UK address, we can help you by registering your business to our prestigious London address.
Director Information: An UK company needs at least one director, although there can be more. Details of this individual need to be gathered and prepared.
Shareholders: If you are registering as a public trading company, then you’ll need to issue shares when you start your business. To do this, you need at least one shareholder and all their details. This can be the director or a different individual.
Documents of Formation: When you register a business you need two sets of documents: a memorandum of association and articles of association. These documents are essentially agreements of responsibility by involved parties and arrangements on how the business should be run. At Trade & Legal Limited, we will assist you to collate these documents.