Non-resident directors
Standard UK statutory accounts plus related party and group disclosures naming the parent, and possibly consolidation questions at group level.
Written and reviewed by Waqas Sagar Member of ICAEW, Fellow of ACCA, Fellow of AAT, a double graduate and entrepreneur at heart, helping startups grow and serving thousands of businesses nationwide with an excellent team. Published by LimitedCompany.Accountants, 12 London Road, Morden, London SM4 5BQ. Reviewed 12 September 2026 against 2026/27 UK rates and current Companies House and HMRC guidance.
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QuickBooks PartnerCertified ProAdvisor100+ yearsCombined team experienceFully insuredUp to £2m indemnityThe UK subsidiary still files ordinary UK statutory accounts and a corporation tax return. The additions are disclosure of the ultimate parent and country of incorporation, related party transactions with group companies, and transfer pricing on intra-group charges.
What the accounts must show
Pricing between group companies
The UK subsidiary still files ordinary UK statutory accounts and a corporation tax return. The additions are disclosure of the ultimate parent and country of incorporation, related party transactions with group companies, and transfer pricing on intra-group charges.
UK company law requires disclosure of the immediate and, where different, the ultimate controlling party, along with the country in which the parent is incorporated. Transactions with the parent or fellow subsidiaries, such as management charges, loans or royalty payments, are related party transactions requiring disclosure unless a small companies exemption applies.
Where the UK company is small, it can usually still file abbreviated small company accounts at Companies House, but the underlying full accounts prepared for the directors and HMRC still need the group disclosures.
Charges between the UK subsidiary and its overseas parent, such as management fees, loan interest or royalties, must reflect arm's length pricing under UK transfer pricing rules. Getting this wrong can shift profit between countries and attract HMRC adjustment even where the group's total tax bill looks reasonable.
Payments abroad such as interest, royalties or certain management charges may also require withholding tax consideration or a treaty clearance, which is a separate exercise from the accounting entries themselves.
Rates, thresholds and deadlines quoted here reflect the 2026/27 UK position and current Companies House and HMRC guidance. Check GOV.UK, or ask us, before relying on them for your own company.
Local help
We work with company directors across London and Surrey from our office at 12 London Road, Morden, London SM4 5BQ. Pick your area, or send the form below and we will call you back.
Frequently asked
Only if the UK company itself has subsidiaries; consolidation of the overseas parent's group happens in the parent's own jurisdiction under its own rules.
Yes, the ultimate controlling party is disclosed in the filed accounts and the PSC register where relevant.
Not usually, unless it trades in the UK directly or receives UK income requiring registration.
Keep bank statements, sales and platform reports, purchase invoices, payroll records, VAT workings, finance agreements and Companies House correspondence. We confirm the exact list at onboarding and identify gaps before a filing deadline becomes urgent.
The fee depends on transaction volume, record quality, VAT and payroll requirements, historic catch-up and the level of reporting needed. We agree a fixed scope and price before technical work starts, with published packages available on our fees page.
Yes. We request professional clearance, collect the prior records and authorities, check the next Companies House and HMRC deadlines, and give you one clear handover list. The process is normally completed remotely.
Yes. We work through secure cloud records, scheduled reviews and digital approvals, while keeping a named team available by phone, video call and email. Clients can also visit our Morden office by appointment.
We regularly work with Xero, QuickBooks, FreeAgent, Sage and connected sales or expense apps. The right setup depends on transaction volume, integrations and the reports you need, not simply the software brand.
The relevant calendar may include annual accounts, Corporation Tax payment and return dates, confirmation statements, VAT returns, payroll submissions and Self Assessment. We map the dates from your company year end and registrations.
No. This page explains general UK rules and common accounting treatment. Your facts, contracts and wider tax position must be reviewed before you rely on a conclusion.
Included approach
Check the current rules
Deadlines, thresholds and filing rules change. GOV.UK and Companies House publish the current statutory position; advice should then be applied to your company’s circumstances.
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Share your next deadline, accounting problem or growth question. We will reply with a clear next step and quote any technical work before it begins.
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Pick a time that suits you and a qualified accountant will call you about your company, deadlines and fees.
Appointments run monday to friday, 9:00am to 5:30pm. Your confirmation is emailed straight away.
