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UK Private Limited Companies

UK private limited companies must have at least one company director and a company secretary.  Since the 6th April 2008 the same person could be the company director and the company secretary.

This therefore means that the same person can subscribe for the shares when forming a company, be the company director and act as the company secretary.

Each name given to a company must be unique and with 1000 incorporations a day a company name search should be undertaken before forming a company

A company director, company secretary or shareholder of a UK company can live anywhere in the world and doesn’t have to be resident in the UK although the registered office for the company must be within the UK.

For a UK company to be resident in the UK for tax purposes then generally speaking the management and control of the company should be within the UK.  Having said this tax advice should be sort as this situation would have to be reviewed on a case by case basis.