UK Company Formation...

Everything you need to know about setting up in the UK.

UK Company Formation Wizard

Use our helpful tool to see what's required to set up your company in the UK.

Setting Up in The UK

A practical guide to what’s involved, and what you can expect to happen during this process.

FAQs

Get answers to commonly asked questions about company formation, accounting and taxes.

Our Services...

From accounting to personalised telephone answering – everything your company needs to thrive in the UK.

UK Company Formation

Company formation, memorandum and articles registration and appointing Directors and Shareholders.

Legal Compliance

Covering various business operations such as company secretary, registered office, handling post and more.

Outsourced Finance Office

Complete administrative support for your UK company designed especially for foreign businesses.

Bank Account Opening

Operate from day one with an EBS Client Account that can be opened immediately.

Virtual Office Service

UK business address, personalised phone answering service, mail handling, access to the meeting room.

NEW

Hot Desking Service

Co-working space and hot desking services offering a flexible and collaborative working environment.

Advisory Services

Advice on formation, directorship and other relevant rules and regulations related to setting up in the UK.

Brokerage Services

A single entry point to services frequently required in the early stages of company development.

About EBS...

Find out more about EBS, how we operate and what we stand for – or simply get in touch with us.

Who we are and how we work

We work exclusively with foreign-owned businesses in the UK and understand the problems they face.

Our Team

Behind every successful business is a great team - meet the team that makes up EBS.

Contact Details

Our address and contact details. If you need to get in touch with us, you can email us here.

Who we work with...

Explore our case studies and see how we work with foreign companies, helping them set up in the UK.

What's happening in the Industry

We’ve created and curated some helpful news articles relating to EBS and the industry in general.

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Helpful Guides and Documents

We’ve created some helpful guides and documents covering topics such as Britain’s History and Geography, The Legal System, Formalities and more. 

Join our mailing list

Sign up to our mailing list to get guidance articles straight to your inbox.

Get in touch with us...

We’d love to hear from you! – if you have any questions, please get in touch with us on phone, email or social media, and our friendly team will be pleased to help.

Head Office

EBS Ltd, Innovation Centre, Gallows Hill, Warwick, CV34 6UW

London Office

EBS Ltd, 118 Pall Mall, London, SW1Y 5EA

Manchester Office

EBS Ltd, Elliot House, 151 Deansgate, Manchester, M3 3WD

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Tax Changes in the Recent Autumn Statement

The UK has had to increase some taxes for next year in order to pay for the very high cost of Covid support given to companies and individuals since the start of the pandemic. Everyone was expecting this.

In summary

All with effect from April 2023

Personal taxes

Income tax rates and thresholds are unchanged except for the highest earners, where the point at which they move onto the 45% Income Tax rate is reduced from GBP 150,000 to GBP 125,000.

Capital gains tax for individuals. The tax free allowance will be reduced from GBP 12,300 per year to GBP 6,000 from April 2023, and reduced again to GBP 3,000 from April 2024.

The tax free dividend allowance will be reduced from GBP 2000 per year to GBP 1000 per year for the tax year 2023/24.

Windfall taxes

Energy companies Windfall tax. Oil and gas companies will be taxed at 75% on their windfall profits (additional profits caused by world market conditions) until 2028. Windfall profits from nuclear and renewable generators will be taxed at 40%.

Climate change commitments

Climate change. The UK will keep to the commitments it made at COP 26.

Pensions and benefits

Pensions and state benefits will increase at the rate of inflation.  There will be a one time additional support payment to pensioners and those receiving the most state benefits. During 2023 there will be a review of the age at which people should be able to receive their state pension.

Government spending

Government spending will be cut in most areas, except health and schools where more funding will be provided.

Investment incentives

The income tax relief available to individuals investing in EIS and SEIS companies is increased to cover investments up to GBP 1 million.

Companies

Company profits tax rates for smaller companies with taxable profits up to GBP 50k will remain at 19%. For larger companies with taxable profits over GBP 250k the tax rate will be 25% from April 2023. There will be a sliding scale for profits between GBP 50k and GBP 250k. This is around the average rate for larger countries in Europe.

The Annual Investment Allowance (AIA), that is the amount of capital investments companies can use to reduce their taxes, remains at GBP 1 million per year.

Research & Development tax relief will be at 186% for small and medium sized companies.

Other taxes

Cars. The UK has a system of taxes for the use of a car on the roads. It is called Vehicle Duty and is in effect a circulation tax. Electric cars have been exempt from this tax, but because there are so many new electric cars in use this is creating an unbalanced situationand is costing the Government a lot of money. Therefore electric cars will have to pay Vehicle Duty from April 2025.

NOTES

Company profits tax

UK will have the lower rate of 19% for companies with lower profits.

UK is the only European country to allow tax losses to be carried forward without any time limit, or to be carried back one year.

UK is the first European country to announce tax changes following Covid and the energy price crisis and we can expect other countries to raise their own tax rates in the next few months.

The information contained in this article was correct at the time of writing. However, they should be considered as general information only and specific advice should be obtained before any actions are taken.

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Warwick Office

EBS Ltd, Innovation Centre, Gallows Hill, Warwick, CV34 6UW

London Office

EBS Ltd, 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ

London Office

EBS Ltd, Elliot House, 151 Deansgate, Manchester, M3 3WD​

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