Defining PSC PSC (Person with Significant Control) refers to an individual or individuals with the primary control rights within an organization. In the second quarter of 2016, the UK Companies Register mandated all British companies to disclose individuals who own or exercise control over companies. This disclosure can be made either at the time of [...]
Summary 1-7 days There is no minimum requirement set for a private company limited by shares None None Allowed None For resident companies the worldwide income of the company is subject to taxation For non-resident companies only the income earned within the territory of the UK [...]
What is a Confirmation Statement? The Confirmation Statement is an annually filed report confirming UK company information. The Confirmation Statement serves to confirm that a UK company has remained fully unchanged as compared to a previous year, and no details have been altered. As part of the annual update of the company details in [...]
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