United Kingdom Company Formation

The United Kingdom is one of the most established commercial and financial centres in the world. English company law (the Companies Act 2006) and the English courts are regarded as a benchmark for reliability in international trade.

Companies are registered by the official register, Companies House, and the records are public. A UK company qualifies as an owner for registering a yacht under the British (Red Ensign) flag.

General Information

• Location: Western Europe — capital London
• Company type: Private Limited Company (Ltd)
• Legal system: English common law
• Register: Companies House
• Official language: English
• Currency: Pound Sterling

Key Features

• A UK company makes it possible to register the yacht under the United Kingdom flag.
• Shareholders and directors do not need to be British citizens; a single shareholder and a single director are enough.
• Its transparent, public register gives it a strong reputation with banks and business partners.
• UK companies are taxable in the UK, and annual accounts and returns are filed on a regular basis.

Who Is It For?

• Owners who want to register their yacht under the British flag.
• Those looking for a respected and transparent company structure recognised in Europe.
• Owners who want local support through our London office.