For the UK:

• Premium orders have a processing speed 3 times faster than Basic orders.
• We typically form companies within just 2 business days.
• Account creation is promptly handled on the same day we receive your company documents.

We need two things from you:

1. Either your ID card or passport.
2. Your bank statement or a utility bill that includes your name, address and dated within the last 3 months (it should have a date on it so we know when the document was created)

Corporation Tax: All UK Ltd companies are required to pay Corporation Tax on their profits. The rate, as of the last update, is 19%. You need to file a Corporation Tax Return, even if your company doesn’t owe any tax.

VAT (Value Added Tax): If your company’s annual turnover exceeds the VAT threshold (which was £85,000 as of the last update), you must register for VAT. Depending on your business activities, you may charge VAT on goods and services you sell, and you can reclaim VAT you’ve paid on business-related goods and services.

PAYE (Pay As You Earn): If your Ltd company has employees, including you as the director, it should be set up for PAYE. This system collects Income Tax and National Insurance Contributions (NICs) from employees’ wages.

National Insurance: Both the company and employees pay National Insurance contributions. The rates and thresholds depend on the amount of earnings and the specific class of National Insurance.

Dividend Tax: When dividends are issued to shareholders, they might be subject to personal tax, depending on individual circumstances and the amount of the dividend.

Annual Accounts and Confirmation Statement: Every year, your Ltd company must submit annual accounts to Companies House and an annual Confirmation Statement. While these aren’t taxes, they are mandatory reporting obligations.

It’s essential to seek advice from an accountant or tax specialist for detailed guidance tailored to your specific business situation.

Short Answer: No.

Detailed Explanation: With our process, you won’t need a VPN. Here’s why:
Your Stripe account will be verified using your actual home address, even if Stripe doesn’t officially support your country. This will be recorded as your ‘home address.’ Simultaneously, the UK address we provide for your company will be registered as your ‘business address.’ Consequently, your Stripe account will feature both addresses: the UK business address and your genuine home address. So, there’s no need for a VPN.

We have answers for so many other questions in our Knowledgebase,
Check our helpdesk articles.
Or you can simply ask our Support team and we’ll be more than happy to help!