UK limited companies are required to pay 25% Corporation Tax on the profits they make.

If your company is based in the UK, it pays Corporation Tax on all its profits from the UK and abroad.

If your company is not based in the UK, but has an office or branch here, it only pays Corporation Tax on profits from its UK activities.

Companies must register with HMRC for Corporation Tax no later than 3 months after starting any kind of business activity.

As we are not financially trained, we do not advise on taxation queries, but you can find more information on Corporation Tax in our blog article here.