UK LLP
Company Incorporation

Maximum Tax Savings with an LLP in the United Kingdom

An LLP (Limited Liability Partnership) in the United Kingdom offers an excellent opportunity to run your company tax-free if you are not resident in the United Kingdom and do not carry out any business there. Thanks to the transparent tax structure, you only have to pay tax on your share of profits in your country of residence. This makes the LLP particularly attractive for international entrepreneurs who want to expand their business globally. The advantage lies not only in the tax savings, but also in the limited liability that protects your personal assets.

Easy Setup and Management

Setting up an LLP in the UK is quick and easy. Within less than a week, you can register your company and be up and running. The administration of the LLP requires minimal bureaucracy: annual confirmation reports, financial reports and simple compliance requirements make it easy for you to stay on top of things. The LLP must have at least two partners, who can be either natural persons or legal entities. This flexibility makes the LLP an ideal choice for a wide variety of business models.

Access to Premium Financial Services

With an LLP in the UK, you get access to first-class financial services. From traditional banks like HSBC, Barclays and Lloyds to modern fintech platforms like Wise, Revolut and Payoneer, you have a variety of options to choose from. These financial service providers not only offer you business accounts, but also integration with payment systems such as Stripe and PayPal, which is particularly beneficial for international trade. Fintech services also make it easier to manage your finances with innovative and user-friendly solutions.

Flexibility and Protection

An LLP in the UK not only offers tax advantages, but also legal protection and flexibility. Thanks to limited liability, your personal assets are protected in the event of business setbacks. The LLP structure allows you to have different types of partners and react flexibly to market changes. You also enjoy the benefit of a renown business address in London, giving your business added prestige. This combination of flexibility and protection makes the LLP an excellent choice for international entrepreneurs.

Adherence to Compliance Requirements

Meeting compliance requirements is straightforward with an LLP in the UK. You must submit annual confirmation reports and financial reports, which is simplified by the clear requirements of Companies House. If there are no business activities, a nil return from the partnership is sufficient. Each partner must register with HMRC, which is particularly important for foreign partners. denationalize.me supports you in meeting these requirements so that you can concentrate on your core business.

Optimal Structure for International Business

An LLP in the UK is ideal for entrepreneurs who operate internationally. The tax benefits and ease of administration mean you can expand your business worldwide without being tied to local taxes. Selling services and products to customers in the UK from outside the UK does not usually result in a tax liability in the country. This allows you to benefit from the economic advantages of the UK market while minimizing the tax burden. The flexible partner structure and renowned business addresses in London strengthen your global presence and competitiveness.

The British Limited Company: A Strong Holding Structure

From a tax perspective, a limited company in the UK is not always the best choice for business operations due to the relatively high corporation tax. However, the decisive advantage lies in the dividends, which are tax-free thanks to the participation exemption, making the British limited company an ideal holding company. Dividends received are not subject to withholding tax and profits from the sale of shares can be realized tax-free under certain conditions. This structure is particularly suitable for international entrepreneurs who require a holding structure.

Substance Requirements and Double Taxation Agreements

The United Kingdom has an extensive network of double taxation agreements (DTAs), which facilitates access to these agreements. After Brexit, many EU directives are no longer relevant, which simplifies regulatory requirements. In contrast to jurisdictions such as Cyprus and Malta, which have strict substance requirements, the UK is characterized by less stringent requirements, which facilitates the use of DTAs. There are therefore no substance requirements and no share capital is required.

Public Limited Company (PLC): For Larger Businesses

For larger companies or those seeking greater recognition, the Public Limited Company (PLC) may be worth considering. With a required share capital of £50,000, of which £12,500 must be paid up, the PLC offers a strong legal and financial structure. It offers increased credibility and better opportunities for raising capital and expansion. For the price of a GmbH in Germany, you get a PLC in England.