VAT registration required? UK PVT LTD Co, but director and shareholder are non resident

Yes, based on what you have described you (and your company) would be a NETP - non-established taxable person. As such you are classed an an overseas seller and storing goods in the UK would make you immediately liable to register for VAT with zero threshold.

https://www.gov.uk/government/publications/vat-notice-7001-should-i-be-registered-for-vat/vat-notice-7001-should-i-be-registered-for-vat#non-established-taxable-persons-netps-basic-information

8.1 NETP – definition

A non-established taxable person (NETP) is any person who is not normally resident in the UK, does not have a UK establishment and, in the case of a company, is not incorporated in the UK.

8.2 UK establishment: definition

A UK establishment exists if either the:

> * place where essential management decisions are made and the business’s central administration is carried out is in the UK
> * business has a permanent physical presence with the human and technical resources to make or receive taxable supplies in the UK

We would normally consider a company which is incorporated in the UK to have an establishment in the UK as long as it’s able to receive business supplies at its registered office.

Since you would not qualify as a UK established business by the above criteria you would be NETP and therefore liable for VAT registration immediately.