Our service

Corporate Service

Incorporation and Administration

An English company is both quick and inexpensive to incorporate and the capital requirements are very limited. However, both the incorporation and the subsequent administration require a considerable knowledge of English company law as well as experience of how the different statutory requirements are handled correctly.

Anglodan has many years of experience in the formation and administration of English companies, and Anglodan is registered with the British authorities as a provider of company formation, agency, interim management, trust, and mailbox services. Anglodan is thus able to offer a comprehensive solution that includes all the major and minor tasks that must be dealt with when incorporating and operating a UK company. Even so, we also sell our services separately in case the client can perform some of the functions himself.

An English company may be formed for as little as £50 plus UK VAT. However, this only covers the incorporation itself, not the subsequent administration or any other service. Anglodan therefore offers a range of management services that cover the administrative requirements. You may opt to take on part of these tasks yourself or decide to let Anglodan handle them for you. The choice is yours.

Share Capital and Management

When forming a company, a share capital of a certain size must be authorised for the company. This may be as little as £1 but is usually £100 or £1,000. The shares are sold to the owner(s) at par value (i.e. for £100 or £1,000, respectively). The funds thus received will constitute the initial assets of the Company.

The Company must have a Registered Office in England or Wales and must have at least one Director. It should also have a Company Secretary, although this is no longer mandatory. The Director and the Company Secretary may not be the same person if there is only one Director.

The Company Secretary is a phenomenon particular to English law and to jurisdictions based on English law. It is an official title of the physical or legal person who may certify certain legal information on behalf of the Company and sign other formal documents for the Company upon the instruction of the Director(s). A Company Secretary is thus not comparable to a typist or a personal assistant

Anglodan can offer to update and submit the mandatory Annual Return to Companies House and to provide a company with a Registered Office, a Director, a Company Secretary. These services are included in the Basic Corporate Service Package. Anglodan can also offer to provide the Client with a Nominee Shareholder who owns the shares of the Company on behalf of the Client, in case the Client prefers this for reasons of privacy and confidentiality. Finally, Anglodan can offer to keep the Company Register (not to be confused with Companies House, the Company Registry). The Company Register is a statutory register that must be continuously updated with details of the Company’s Directors, the Company Secretary, debentures, mortgages, charges, Director’s interests, etc 

Please take a look at the vocabulary if you are unsure of any of the terms used in this paragraph.

Bookkeeping and Accountancy

The Company must file a set of Annual Accounts to Companies House every financial year and one Corporate Tax Return to the HM Revenue & Customs every 12 months. Anglodan has established a close cooperation with several UK Chartered Accountants who can produce such accounts and tax returns at a modest cost. Anglodan charges the same fees as those offered by the Accountants to external clients.

In some cases, the Annual Accounts must be audited. Anglodan can recommend several independent auditors for this purpose, if required.

Tax and VAT

As of 1st April 2011, the Corporate Tax Rate in the UK is 20% for net profits of up to £300,000 per year. For annual net profits between £300,000 and £1,500,000 the tax rate increases gradually from 20% to 26%.

There is usually no requirement for the Company to be registered for VAT in the UK unless it expects to reach a UK-based annual turnover of £73,000 or more. However, the Company may elect to become registered for VAT voluntarily whenever it has commenced trading. Anglodan can arrange for such a registration and for the preparation and submission of the quarterly VAT returns.

Business activities

The Company may engage in any legal activity. Possible activities could, for instance, be consultancy of any description, an online shop, or investment activities. However, it should be noted that the Company may be deemed fiscally resident in any country where it is active. It is therefore wise to ensure that as much as possible of the Company’s business is conducted through the Company’s UK office.

Office Service

Whether you plan to incorporate an English company (see more under Corporate Service) or merely need a virtual office in the United Kingdom, Anglodan can offer the necessary services. Two different levels of Office Service are available. The first level includes a business address with mail forwarding. The second level includes a business address with mail forwarding, fax forwarding, call forwarding, a domain name, and webhosting. For the fax and call forwarding, your company will receive separate fax and phone numbers for your exclusive use.

Other services offered are assistance with the opening of a UK bank account, VAT registration, trademark registration, and accountancy services. Most services attract a fixed fee whereas a few – including work not specified in our Price List - are charged by the hour.

Anglodan’s office is located near Cambridge north of London. Anglodan has meeting facilities available near London Stansted Airport. Cambridge is 35 minutes away from London Stansted Airport by train or car.

Internet Services

Anglodan can arrange for the registration of ‘.co.uk’ Internet domain names and the hosting of websites. Homepage design and maintenance can also be arranged.