Malaysia Hotline: +603- 2141 8908
Company Name
The
company name can only be in English language and ends with LTD or LIMITED. The
company can be comprised of the words “International”, “Industrial”,
“Investment”, etc.
Controlled
or sensitive words such as “Royal”, “Common wealth”,“Bank”, “Union”, “Chamber
of Commerce”, “Holdings”, “College”, “Association”, “Foundation”,etc will be
required to obtain approval.
Note:
For company names with the word “Group”, there must be at least 3 subsidiaries
under the holding company.
Registered Capital
For
a UK limited company the law does not state a general required minimum Charter
Capital. It is recommended to be 1000GBP. There is no limit in regards to
registered capital (No additional stamp duty payable). However, 0.5% stamp duty
calculated based on registered capital will be incurred for transfer of shares
or change of directors.
Shareholders & Directors
A
minimum of one shareholder and one director, can be the same person and with no
nationality restriction. Shareholders and directors must be at least 18 years
of age and must not be bankrupt or convicted for any malpractice in the past.
There is no requirement for the directors to also be shareholders, i.e.
non-shareholders can be appointed directors.
Registered Address
The
Registered Address for UK company must be situated in UK. The address detail is
also included in the Certificate of Incorporation. Details of directors and
officers must be provided. We provide the necessary ongoing services as
Registered Address.
Business Scope
There
are no restrictions as to the type of business for a UK company. A UK company
is basically permitted to be involved in businesses such as trading,
consultancy, investment, etc.
Documents & Information required:
Proposed
company name
Passport
copies of all shareholders & directors
Shareholding
ratio
Assistance in Opening a Bank Account
Delaware
Company can open the bank account outside Delaware, more commonly known as
offshore bank account. We can provide the service for bank account opening in
Hong Kong, Shanghai, Malaysia, Singapore, Liechtenstein and other areas. Our
company can provide the whole set of opening bank service including:
recommending the bank/ preparing the opening bank documents (certified true
copies)/meeting minutes/application form/ arranging the introducer.
Annual Renewal
UK
Company is required to complete annual renewal (confirming details on UK
company registration), filing annual audited accounts and tax return. The
deadline for submission will be one month before the anniversary of
incorporation day.
Taxation and Tax Declaration
The
year end for tax submission falls due on the 31st of March each year. There is
no income state tax for UK LLCs that do not conduct business in the UK.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline:603-21418908;
24 hours Hong Kong hotline:852-27837818;
24 hours Hong Kong hotline:86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my