UK Ltd Company

 On request we can arrange for you a UK Limited company. This is the most simple way for NON EU yacht owners to get their yacht registered in the European Union.

Basically we arrange for you a “dormant” company for the purpose of yacht registration. A dormant company is a company in rest and which has no commercial or economical activities at all. It has no tax number and has no bank account. Therefor it has very limited formal obligations.

Dormant is the default status for all UK companies. There is no time restriction on how long a company may remain dormant. Changing a company from dormant to trading is automatic as soon as business activities commence. Dormant company formation involves the same process as with any other incorporation.

The yearly filings of the accounts and confirmation statements are included. The initial price for a dormant UK Limited company is €350  The yearly costs for maintaining the UK Limited company are €250.

What to do to remain Dormant status

After company registration, if you plan to keep your company dormant, you simply need to ensure that your company dormant accounts and annual confirmation statement are filed on time.
Our dormant accountancy service is ideal for ensuring your company is legally compliant and submits the proper accounts even before you begin trading.

 

Upon request we can also arrange for you a active Limited company. Please note that we do not offer any administration or accounting services for active companies.

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