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Registering a limited company in the UK as a Pakistani resident offers several benefits:
Limited Liability
Shareholders’ personal assets are protected, and they are only liable to the extent of their shareholding in the company.
Credibility and Trust
A UK-registered company is often seen as more credible and trustworthy by clients, suppliers, and investors.
Access to the UK Market
It provides easier access to the UK market, opening up opportunities for increased sales and partnerships.
Tax Efficiency
Limited companies can benefit from various tax advantages, such as lower corporate tax rates and the ability to distribute profits through dividends.
Separate Legal Entity
The company is considered a separate legal entity, meaning it can own property, incur debts, and sue or be sued independently of its owners.
Easier Fundraising
It’s easier to raise funds through equity, and banks and investors are often more willing to provide financing to limited companies.
Professional Image
Having a registered company enhances the business’s professional image, making it more attractive to clients and partners.
Transferability of Shares
Shares can be transferred to other individuals, making it easier to bring in new investors or exit the business.