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| INTRODUCTION |
The United Kingdom consists of England, Scotland and Wales. The population is approximately 57 million.
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| LAW AND TAXATION |
The United Kingdom is a constitutional monarchy and parliamentary democracy. There are three major legal systems, each with their own courts and legal professions. The taxation in the United Kingdom is 0% to 30% depending on the net profits before tax.
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| CORPORATE REQUIREMENTS SUMMARY |
- Minimum requirements are one director and one officer (secretary)
- Duties of Company Secretary include Annual Returns; Annual General Meeting; Annual Accounts; Maintenance of Registers; First Board Meeting after incorporation
- Due diligence information is required for correspondent/agent to act as Company Secretary
- All companies must end with the word limited
- The company must maintain a registered office within the United Kingdom and must also appoint a company secretary
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| **CSC does not provide legal or financial advice** |
