Incorporation costs in Year 1 amount to £950 and annual company costs in Year 2 and thereafter amount to £0. The average fee per UK company registration engagement amounts to £5,790, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to the invoice embedded here.
|Different UK entity types||Cost||Draft invoice|
|Tax resident LLC||£5,790|
|Limited liability partnership||£5,990|
|Branch of a foreign company||£6,720|
The average time period required to setup a company in UK is 10 weeks as outlined below: