This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Is an oversease person can open a UK company and its bank account?

LINKTAX
Posts:24
Joined:Thu Oct 30, 2008 12:47 pm
Is an oversease person can open a UK company and its bank account?

Postby LINKTAX » Fri Dec 11, 2020 7:37 am

Due to this covid-19, I have lot of queries regarding opening up a compnay UK by oversease individuals who are not resident in UK nor they have any immigration visas, do they still can open a company and its bank account and trade from oversease or generate an employment in UK, pleae tell us the steps to do this, thanks.

bd6759
Posts:4262
Joined:Sat Feb 01, 2014 3:26 pm

Re: Is an oversease person can open a UK company and its bank account?

Postby bd6759 » Fri Dec 11, 2020 12:45 pm

A UK registered company must have a UK registered office.

There is nothing to prevent this, but compliance with MLR is essential.

Ari99
Posts:1
Joined:Fri Sep 25, 2020 3:14 pm

Re: Is an oversease person can open a UK company and its bank account?

Postby Ari99 » Wed Dec 16, 2020 6:02 pm

If you're not a UK resident it'll be very difficult if not impossible to open a UK bank account and start a business here. Banks require you to have a UK address, for starters.


Return to “International Tax”