How long does it take to set up a UK company from abroad?
Once your documents are ready, Companies House usually approves a new company within 1–2 working days. The slower steps are the ones after incorporation: identity verification, opening a business account, and registering for taxes. Realistically, plan for 2–3 weeks from decision to a fully operational company.
What does a UK company cost to run each year?
The Companies House confirmation statement fee is £50/year (fee schedule effective 1 February 2026). Beyond that, your main costs are a registered office address, accounts preparation and tax filings — typically handled together by an accountant. Fileminder's annual compliance packages start from £498/year covering the core filings.
Do I need to live in the UK — or visit — to own a UK company?
No. There is no residency requirement for directors or shareholders, and everything in this guide — incorporation, identity verification, filings, payroll, tax returns — can be completed remotely. Fileminder is ACSP-authorised, so even the mandatory director identity check can be done from your home country using your national ID or passport.
What happens if I just ignore the UK filings?
Late accounts trigger automatic penalties from £150 to £1,500 (doubled if late two years running). An ignored confirmation statement leads to compulsory strike-off: a notice in The Gazette, then dissolution — with company assets passing to the Crown and directors exposed personally. If you're already behind, our Rescue service catches everything up.
When do I have to verify my identity as a director?
Identity verification became mandatory on 18 November 2025. New directors verify before appointment, while existing directors provide their personal code with the company's next confirmation statement during the transition. As an ACSP, Fileminder verifies Arab directors remotely — Emirates ID, Saudi national ID and Gulf passports are all accepted.
Can Fileminder handle all of this in Arabic?
Yes — that is exactly what we do. ACCA-qualified accountants who speak Arabic handle your formation paperwork, identity verification, confirmation statements, annual accounts, corporation tax, payroll and Self Assessment, and you communicate with us on WhatsApp in Arabic, Sunday to Thursday.
Disclaimer
General educational guidance only — not legal, tax, accounting, immigration, investment or financial advice. We don't guarantee the information is complete, current or suitable for your situation. Always check official sources (GOV.UK, Companies House, HMRC, the relevant professional body) and speak to a qualified professional before acting. Last reviewed: 2026-07-19.