It is so called because the liability of its shareholders is limited, ie for ltd (Limited liability company) is defined as the most common legal form for forming a business company in the UK.

With the aim of helping Spanish entrepreneurs set up businesses abroad, companies UKM provides consulting services to develop business tax and accounting activities. In this way, the process of opening, management and administration for freelancerEntrepreneurs and companies are carried out in a simple way and under the supervision of experts in their fields.

Open a business in the UK with PymeMos

Although PymeMos’ service facilitates the establishment of companies in various overseas countries, one of their areas of expertise is opening up businesses in the UK. Currently, this option is quite attractive for entrepreneurs, because of the advantages that the UK offers in terms of fiscal responsibility.

For this reason, the team of specialists that make up PymeMos work on managing annual profitability, creating accounts for inactive companies, registered offices, and director candidate. Also, customers can create an LTD and register for value added tax, which is called Value Added Tax (VAT) in the UK.

To suit the needs of each client, PymeMos offers 3 package with various tools that enable efficient management of LTD company development. In that sense, The most important thing is to evaluate the administrative requirements of the business, based on the annual billing rate registered by the company..

What are the main characteristics of LTD companies?

One of the advantages of creating an LTD is that entrepreneurs do not collect and declare VAT, as long as their clients are outside the UK. So, there is no need to ask for a VAT number when setting up a company, it is an advantage for those who want to open a business.

Another benefit of establishing a LTD is that the owner is not required to pay any taxes until after 21 months of incorporation, at which time it is analyzed whether it has made a profit. Besides that, companies that do not have employees do not need to make quarterly personal income tax (IRPF) declarations.

The opening of an LTD company with PymeMos is done through a simple, economical and 100% legal procedure, which is why it has become a way to promote new challenges. In order to establish contact with the company and receive advice, the user has the possibility to fill out the form available on the website.