Company registration in Great Britain (England)

UK taxation is based on the principle of territoriality: resident organizations are taxed on all their profits, while non-resident companies registered in the UK are taxed only on income earned in the UK.

In the UK, the Corporation Tax rate depends on the size of the company's profits:

• Small companies with profits of up to £50,000 pay 19%.
• Companies with profits over £250,000 pay 25%.
• Companies with profits between £50,001 and £250,000 receive a split rate (marginal relief) of 19% to 25%.

If you are a UK tax resident, you are required to declare and pay tax on all your dividends received worldwide, regardless of whether they were paid by a UK company or, say, a Cypriot one.

Dividend Allowance — in 2025/26, it is £500 per year.

Dividend tax rates:

• 8.75% — for the basic rate (income up to £50,270),
• 33.75% — for the higher rate (up to £125,140),
• 39.35% — for the additional rate (above £125,140).

If an individual is not a UK tax resident, they do not pay UK tax on dividends from foreign companies (i.e., outside the UK).

VAT – 20% (in some cases may apply reduced rate – 5% or 0%).

Therefore, it is profitable to buy an English company in the form of LP precisely from the position that it is not taxable. The income received by an English or Welsh LP is the personal income of its partners and they are required to declare it at their place of residence. That is, if you register a company in the UK and organize the correct corporate structure, where the partners will be non-residents of the UK, LP will be exempted from having to pay taxes in Britain. Therefore, in order to save profit, it is proposed to introduce citizens of offshore tax-free zones into the structure of the enterprise.

If a business operates in the UK, in EU member states or with organizations from EU member states, VAT registration may be required. When opening a company in England, it is mandatory to obtain a VAT number if the company's annual turnover is more than £ 90,000. In other cases, it is possible to register as a VAT payer voluntarily by providing the contact details of business partners, contracts and invoices, as confirmation of intentions to achieve the required amount of annual turnover in the near future.

When opening a company in the UK and obtaining a VAT number, you must submit a report on your business every quarter. If for several reporting periods zero reports are submitted (no VAT payable, refundable, offset), the company may be excluded from the register of VAT payers and it will be necessary to register first.

No, the UK does not have exchange controls in the traditional sense. This means that companies and individuals can freely transfer money abroad and receive funds from abroad without government restrictions.

A UK company can open accounts in various currencies, conduct international payments, invest, or receive payments from foreign clients. British banks and fintech platforms (neobanks, payment systems) allow international transfers to be made quickly and with low fees.

The only thing worth paying attention to is the anti-money laundering (AML) checks and KYC requirements that banks and payment systems are required to comply with. This means that you can transfer money freely, but you must be prepared to confirm the source of the funds and the identity of the recipient/sender.

The UK has signed Double Taxation Agreements (DTA) with more than 140 countries, including Ukraine.

This means that the income of companies and individuals operating through the UK is not taxed twice – first in the country of origin and then in the UK. These agreements allow for tax optimization on international trade, investment, or dividend payments.

For Ukrainian entrepreneurs, this opens up direct opportunities: they can conduct business through a UK company, receive profits or dividends, and pay taxes at the more favorable rates stipulated by the agreement between Ukraine and the UK. Furthermore, these DTAs include mechanisms for information exchange between tax authorities, making business completely legal and transparent.

In addition to DTAs, the UK has a wide network of trade and investment agreements, facilitating the export and import of goods and services, reducing tariffs, and creating a stable environment for foreign investors.

Registering a company in the UK is an effective way to enter the international market. With Campio Group, the entire process – from choosing a name to accounting – is quick, secure, and bureaucratically straightforward. We support you every step of the way so you can focus on growing your business.

Steps of opening a company in the UK with Campio Group:

• We select and verify the company name – we choose a unique one and check its availability in the registry.
• We choose the optimal structure – Ltd or LLP, taking into account your business goals.
• We prepare all documents – the articles of association, memorandum, and internal documents – for submission to the Registry.
• We register the company with Companies House – completely online.
• We register for VAT if necessary – we integrate the VAT system for international trade.
• We set up your finances – open a bank or neobank account, and connect payment systems.
• Post-registration support – company renewal, tax payments, and register updates.
• Reporting – we organize accounting, prepare financial statements, and tax returns. Campio Group provides full support to ensure all reports are submitted on time and in compliance with UK requirements.
• Additional support – document management and consultations on international matters.

Contact Campio Group, and we will handle the entire process of company formation in the UK.