Characteristics of UK Offshore Company
Company Type |
Private Limited Company |
---|---|
Governing Corporate Legislation |
UK Offshore Companies are regulated under the Companies Act 2006, and the UK Companies House is the governing authority. |
Legal System |
Common-Law |
Minimum paid-up |
GBP 1 |
Minimum number of shareholders |
1 |
Minimum number of directors |
1 |
The requirement of appointing a company secretary |
No |
The requirement to prepare accounts |
Yes |
The requirement to appoint an auditor |
Yes, but an exception exists for small companies. |
The requirement to file an annual return |
Yes |
Commercial Activities
Trading House
Holding Company
International Investment Company
International Investment Company
Asset Protection
Software and IT Services
Intellectual Property
Life Sciences