In the UK, can a private limited company have as its only shareholder a juridical person?
<p>The reason I'm asking is that a bank refused to open a business current account for us upon me divulging the information in the title during the application process. In addition, the juridical person is a company based outside the UK, if that could possibly matter.</p>

<h2>Yes</h2>
<p>Companies can own companies - that’s what subsidiaries are.</p>
<p>On a practical level, you know this is true because you actually have an example. Companies House would not have allowed its registration (barring error) if it was illegal.</p>
<h2>Why can’t it open a bank account?</h2>
<p>Banks (or any other business) can choose who they will and won’t do business with. Unless it’s discrimination on the basis of a <a href="https://www.gov.uk/discrimination-your-rights" rel="nofollow noreferrer">protected characteristic</a>, it’s not illegal. Since juridical persons don’t have protected characteristics (apart from nationality) it’s virtually impossible to illegally discriminate against them.</p>

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