UK - Ltd Company Incorporation

Company Type	Time to Incorporate	Cost
Ltd	1 day	£120

 

UK companies are the cheapest and most flexible of companies to incorporate within the European Union.

As in Europe there are three main types of company.

• The standard type is the Private Limited Company, and most incorporations are of this type.
• Limited Liability Partnership
• Public Limited Company (PLC) - the company's shares may be offered for sale to the general public and have a minimum share capital of around £50,000.

UK Company Incorporations for overseas clients

British companies are useful because they are very inexpensive to incorporate compared to other European alternatives. We have set up an activation package for non-British residents who want to get their company trading or holding assets, as soon as the company is incorporated.

Do I need to be a UK citizen or a UK resident to set up a UK company?

• You do not need to be a UK citizen or a UK resident
• You do not need to visit the UK to incorporate the company
• You do not need more than one person to incorporate a new company
• The UK company can be incorporated even though it does not trade in the UK
• You do not need to have premises in the UK

Unlike other jurisdictions, there are no restrictions on incorporating a UK company.

Protection of Business Name

Registration legally protects your company name against anyone else incorporating a similarly named limited company.

The Memorandum of Association

This document sets out:

• The company's name
• Where the registered office of the company is situated (in England, Wales or Scotland); and
• What it will do (its objects). The object of a company may simply be to carry on business as a general commercial company.

Minimum number of officers

A private company only requires one director

A public company must have at least two directors and a secretary - formally qualified

A private limited company.

• A limited company is owned by shareholders who in the event of the business failing are protected by the limited liability.
• Limited liability means that the shareholders potential exposure to the debts and liabilities of the company are limited to the amount that they have agreed to contribute to the company (the issued share capital)
• Personal assets of directors and shareholders cannot be used to pay off the company debts.
• A limited company continues to trade irrespective of changes in directors, secretary, management and or ownership.
• A limited company is entitled to take legal actions in its own name (as opposed to the name of its owners).
• Enter legal contracts and own property.

The UK Limited Company

We can incorporate your UK Limited company within four hours, according to your specifications. Our incorporation, includes the following package, giving the company a professional feel right from the start. Incorporation package includes:

Original Certificate of Incorporation	This is issued by The Registrar of Companies after incorporation. It shows your Company Name, Company Number and date of Incorporation of your new company.
4 copies of the Memorandum	These show the rules for the running of your company. They show what the company can do by law, where its registered office should be, how much share capital can be issued etc.
4 copies of the Articles of Association	The Articles of Association contain the detailed regulations for the running of your company, including, rules on the allotment and transfer of shares, the appointment and removal of directors, conduct of board and general meetings.
Draft Minutes	Draft Minutes for your First Board Meeting
Stock Transfer Form	These forms are your proof that our nominee shareholders no longer own the shares issued on incorporation. Keep these forms safe and no stamp duty is payable on the transfer because no payment was requested or made.
1 Form SH01  Return of Allotment of Shares	Within a month of the allotment of shares, a return on Form SH01 must be delivered to the Registrar of Companies.
2 Forms AP01 Appointment of Director or Company Secretary AP03	These forms should be completed and returned to us within 10 days from the appointment of a Director or Secretary.
2 Forms TM01 Terminating Appointment of Director or Company Secretary TM02	These forms should be completed and returned to us if a director or secretary resigns.
Form AA01 Accounting Reference Date	A company's financial year will end one year after incorporation. Should you wish to change it to say March or December you change it by completing form AA01
Form AD01  Registered Office	The Registered Office is the company's address in England or Wales to which formal communications are sent, it may be the business address, the directors home address, the accountants address etc but it must be a real address not a P O Box number. We can provide a Registered Office for your company if required.
Certificate of Non-Trading	A certificate of non-trading is a certificate that we supply guaranteeing your company has not traded or incurred any liabilities prior to it being transferred to you.
Combined Company Register	This is where you record the issue of shares, the transfer of shares, the appointment and resignation of officers, minutes of board meetings etc.
24 Share Certificates	A share certificate or stock certificate is a written instrument evidencing the legal title to shares in the company.
Registers	Registers of shareholders & Share Ledger, Register of Directors & Secretaries and the Register of Mortgages & Charges

We will happily assist you with any company secretarial advice you may require, and certain company secretarial duties can be carried out on your behalf. We can assist your new company after incorporation with:

• Acting as your Registered Office - Every company must have a Registered Office at which official documents can be served
• Acting as your Company Secretary
• Registering for VAT.

We maintain extensive stocks of ready made companies which are ready to trade and can be transferred to you within hours. Alternatively, we can incorporate a company with your choice of name.