Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
An UK limited company must have a Registered Office in the UK and maintain its Company Register there for inspection by the public if needed. There is no requirement for shareholders and directors to be UK citizens or even to reside in the UK. You will have to make an Annual Return on line. However, directors are deemed to be employees per se and must be remunerated through PAYE channels with Income Tax (IT) and National Insurance (NI) deducted.
As a non resident HMRC may well allocate you a tax code which will preclude any IT being deducted, but at your proposed level of salary there will be NI deductions as follows:
'£155 to £815 a week (£672 to £3,532 a month) - 12%
Over £815 a week (£3,532 a month) - 2%
say GBP 83 per month.
You will have to request a NI Number from the UK's Department for Work and Pensions. You can read all about NI here:
The company is also responsible for paying the employer's element of NI. These deductions are done through the PAYE system.
The company will have to register with HMRC to enroll in the PAYE system. This is how to do it:
Once registered you make monthly returns and payments through the RTI system on line and also make an end of the tax year (6 April - 5 April) return.
There are many organisations which will do this compliance work for your company, but at a price of course.
I do hope that I have shed some light on the UK systems for you.