Companies incorporated in the UK enjoy low tax rates (21%), and the same time they have a status as European companies that can obtain their VAT registration numbers.
British companies can operate in combination with offshore companies in order to reduce their taxes to as low as below 5%. This type of structure is widely known as an “agency company”.
Incorporating a company in the UK can be done within a day.
Within an “agency company”, an onshore company acts as an agent who is the principal of an offshore company. Such a system results in an image of an onshore company, while at the same time granting the benefits of an offshore company.