Online Company Formation | Registration of UK limited Company

Use of symbols in company names

2008-02-29T20:56:00.000-08:00

Why Use Symbols in Company Name:

Companies House will accept the use in a company name of most symbols appearing on the average keyboard. Companies House will accept the presence of a symbol as a sufficient distinction between a proposed company name, which includes the symbol, and an existing registered company name without the symbol.

Example:

@ at
# hash
£ pound
$ dollar
% percent
& ampersand
* asterisk
+ plus
= equals
< less than
> greater than

Companies House will give individual consideration to less common symbols.

What are memorandum and articles of association? Why MOA (Memorandum of Association)?

2007-09-20T21:39:00.000-07:00

Memorandum of Association

Memorandum of Association required when incorporating as a limited liability company in England and Wales, or Scotland.

The Memorandum of Association of a company, often simply called the Memorandum, is the document that governs the relationship between the company and the outside world. It is one of the documents required to incorporate a company in the United Kingdom, Ireland and India.

The Memorandum of association are statutory legal documents that define how the company is regulated and what the company will do. We submit a generic memorandum and articles that are suitable for practically all companies.

A Memorandum is required of association defines state the name of the company, the type of company (such as public limited company or private company limited by shares), the address of the registered office, the objectives of the company, its authorized share capital, and the subscribers (the original shareholders of the company), a statement of the companies authorized share capital and share price. A company may alter particular parts of its Memorandum at any time by a special resolution of its shareholders, provided that the amendment complies with company law.

Memorandum of Association ?

The Memorandum of Association is designed to communicate to the public the state of affairs of the company and its purpose of being and operating. This aids various stakeholders of the company (creditors, suppliers, shareholders, etc.) to evaluate the extent of their risk and also possibilities of the company to over come them at a future date

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Articles of Association

The articles of association define how the shareholders and officers run the company. The majority of limited companies adopt a legal table commonly referred to as ‘Table A’. This Table is presented as a series of numbered paragraphs and determines such things as how resolutions are passed and the power of directors.

The Articles of Association of a company, often simply referred to as the Articles, are the regulations governing the relationships between the shareholders and directors of the company, and are a requirement for the establishment of a company under the law of the United Kingdom and many other countries. Together with the Memorandum of Association they form the constitution of a company.

Articles typically cover the issuing of shares (also called stock), the different voting and dividend rights attached to different classes of share, restrictions on the transfer of shares, the rules of board meetings and shareholder meetings, and other similar issues.

In the United Kingdom model Articles known as Table A were published as a statutory instrument in 1985. The Articles of most companies - particularly small companies - are Table A, or closely derived from it. However, a company is free to incorporate under different Articles, or to amend its Articles at any time by a special resolution of its shareholders, provided that they meet the requirements and restrictions of the Companies Acts. Such requirements tend to be more onerous for public companies than for private ones.

The Companies Act 2006, which is expected to be brought into force in October 2008, will provide for a new form of model Articles for companies incorporated in the United Kingdom. Under the new legislation, the Articles will become the single constitutional document for a UK company, and will subsume the role currently filled by the separate Memorandum of Association.

Meanings about Certificate of incorporation

2007-09-20T21:29:00.002-07:00

The certificate of incorporation is an official certificate issued by the registrar on successful incorporation of a limited company.

The certificate states the company number, name and date of incorporation.

A certificate of incorporation is a legal document relating to the formation of a company or corporation. Its precise meaning depends upon the legal system in which it is used, but the two primary meanings are:

In the U.S.A. a certificate of incorporation is usually used as an alternative description of a corporation’s articles of incorporation.
In English and Commonwealth legal systems, a certificate of incorporation is usually a simple certificate issued by the relevant government registry as confirmation of the due incorporation and valid existence of the company.
Certificate of Incorporation: a Latin to english definition in a UK legal context.

Find information in the Certificate of Incorporation of The Dow Chemical Company.

Describe Register Office - What is Register Office?

2007-09-20T21:29:00.001-07:00

Register Office: -

The registered office is the official address whereby all statutory documents from Companies House will be sent. This address will appear on the public records and must be a full UK postal address and not a PO Box number.

If you do not have an address in the UK or you work from home and would prefer not to have your residential address on the public record you may like to consider our ‘Registered Office Address Service’. For £145 per annum we can provide a London based address as your registered office, any mail that is sent to this address can be forwarded to your nominated location.

Set up a limited company?

2007-09-20T21:27:00.000-07:00

Step about what you will need to set up a limited company using the Company Incorporation Wizard

Company Name: - Company Name is possible to register almost any name providing it hasn’t been previously registered by another company.

One Director: - An individual who will act as director for the company (The director cannot also be the secretary!).

One Secretary: - One Secretary like an individual who will act as a secretary for the company.

One Shareholder: - At least one person willing to buy a single £1 share in the company.
(a share holder can also be a director or secretary)

What are the advantages of trading as a limited company?

2007-09-20T21:25:00.000-07:00

Advantages of a Limited Company

The most attractive benefit of trading as a limited company is the aspect of limited liability, essentially this protects the personal assets of the officers should the company run into financial difficulties.

Many of the costs and administrative requirements associated with running a limited company are now not much more than those of a sole trader or partnership.

Limited companies instil added confidence in suppliers and creditors, many large organisations will only do business with limited companies.

Finally the ownership of a limited company can easily be divided up through the sale of shares these can be further used as a means of generating capital.

What is a Limited Company?

2007-09-20T21:23:00.000-07:00

Limited Company: -

Company that is incorporated
A limited company is an individual legal entity which is separate from that of its officers.
A limited company has its own assets, liabilities, profits and losses where the liabilities are
limited to the Company unlike a sole trader or partnership where the assets and liabilities of the business are that of the individuals.
Limited companies must also submit annual accounts to Companies House these are made available to the general public.
A Company that is organized to give its owners limited liability
A Company in which the liability of the members in respect of the company’s debts is limited.

What is company registration?

2007-09-20T21:04:00.000-07:00

Company registration is the process of incorporation. It is also referred as a company formation. Many countries now offer the paperless company registration process through internet. Many websites offer paperless company registration. This is generally referred as an online company registration or online company formation.

Major countries offer online company formation is United Kingdom, Newzealand, France etc

Many websites offer online company formation is ukplc, quickformations, companyregistration.

Uk is the country where majority of the companies are registered online by either specialised Company Formations Agents or by accountants.

There are many different types of company registered in Uk. Following is the list of the types for the same.

Public Limited Company (PLC)
Private company limited by shares (Ltd, Limited)
Company Limited by Guarantee
Unlimited Company
Limited Liability Partnership (LLP)
Limited partnerships (LP)
Societas Europa (SE) - A European PLC
Royal Charter (RC)
Community interest company