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Our Company Formation
service
Holden
Associates will obtain a Limited Company for you from a reputable
Company
Registration Agent.
The
process
itself is reasonable straight forward as can be seen below:
- Chose a name, avoiding such words as British,
Royal, National or
slang. Contact us and we will search the register to see if it is
already in
use. If it is not, then we will apply for registration and the name
will be on
the register within 5-10 days. Same day registration can be done but
this is
expensive.
- Select the directors and company
secretary. There are potentially any number of directors and one
company
secretary. Many small companies have just one director and one
secretary (who
cannot be the same person in that case). Many other companies have two
directors, one of whom is the company secretary. The company secretary
is responsible for ensuring the company’s
compliance with company law. He or she does not necessarily do all the
typing!
- We
will either send you paper forms to complete which allow registration
of
the director(s) and secretary at Companies House or we can appoint them
during incorporation, however, additional personal information will be
required to comply with the security aspects surrounding this method,
although it is our recommended method. For paper form appointment, this
should be done within 14
days of registration.
- Your company year end will be the anniversary of
the last day of
the month in which the company is incorporated. You may change this if
you wish
(once within a five year period). We will send you a form, if needed.
- You
must notify Companies House of your chosen registered office
which is the normal address for all important legal notices, it can be
your home address or if you have premises your business address. We
will
provide a form to allow you to notify Companies House.
- You must issue shares in the company. You may
issue as many as
you want up to the authorised maximum of your company. Ordinary shares
are
usually issued but other forms of shares exist which allow flexibility
in
determining the ownership and rights to profits (and losses) in the
company.
- You will be issued with a standard
Memorandum and Articles unless there are any unusual rules you wish to
introduce to govern the running of your company. If there are, you must
tell us
at Step 1.
The Memorandum of Association deals with how your company
legally stands in its own right and gives it powers to transact certain
business, but not others. The Articles of Association deal with the
internal
management of the company.
- You must have your first directors meeting and we
will provide
standard Minutes of matters which must be dealt with in this meeting.
We
now deal with much of the above electronically directly with Companies
House, this is our preferred method, not only because it is quick and
efficient but it is also now more secure than the traditional methods.
We
have also provided a brief guide on the basics of how to operate a
limited company, this may prove useful if this is your first venture,
please click here for the guide.
For more on
our company secretarial service and how we can help you please contact
us today.
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