Limited Company Registration
UK Key Points
- Time – only 1 day to incorporate your company
- Directors – only one director of any nationality, is necessary for your limited company
- Shareholders – only one shareholder is required
- Share Capital – there are no minimum share capital requirements
- Support – using our 20 years experience we guide you throughout every step of the company formation process
- No obligation requiring UK participation in the management of your company
Raising Finance / Share Capital
A limited company has an advantage of raising finance by selling issued shares to investors. The value of a share depends on the viability of each individual company, and not the nominal value of a share. The company may also raise finance by means of overdrafts, debentures and loans.
There is no minimum or maximum share capital requirement – however, there must be at least one share of £0.01.
Continuity of Business
The death or resignation of any officers of the Company does not affect the structure of the Company, which may continue to trade as before. Any shares held by them may be passed on to the others.
Protection of Business Name
Registration legally protects the Company name against anyone else incorporating a similarly named limited company either in sound or spelling.
Name of the Company
The Registrar of Companies will not, under the Companies Acts, register a name that is the same as that of an existing company. A company may be incorporated with any name that is not considered undesirable by the Registrar, but may not – without consent – include words such as Royal; Bank; Board; International; Group; National etc. Other words may not be allowed if they imply connections with government bodies or other established institutions, such as: Chamber of Commerce, Insurance Brokers, Architects etc. We will carry out a free company name check for you.
A limited company must have at least one director and one shareholder, who can be the same person. The officers of the company must act in good faith, responsibly, and in the interests of the shareholders. We can act as a Company Secretary for you. There is no restriction on the number of directorships and secretarial positions an individual may hold, nor are there any restrictions on the nationality or residency of the directors or shareholders, Corporate shareholders are permitted.
All companies must, by law, have a registered office in the country of its incorporation. This is the place where the company’s statutory records are maintained and where any legal notices are served on the company. We can act as your Registered Office.
Memorandum and Articles of Association
These are the rules and regulations which form the legal basis for the conduct of the company with its shareholders and directors, as well as with third parties. Our Memorandum of Association has a wide-ranging object clause, allowing you to trade in any business you desire.
The Memorandum of Association must state the name of the company, and which country its registered office is situated in. The Articles of Association govern the internal affairs of the company. and detail the directors’ powers and responsibilities.
The name of the company, its registration number, the company’s country of incorporation, and the registered office address must be shown on all business letters, invoices, written orders, emails, receipts and demands for payment. This information should also be displayed at the registered office and in premises where business is carried out.