- Choose a company Name.
- There must be at least one company director.
- (optional) One company secretary. (Must be different from the company
director if there is only one director).
- Registered office or one can be provided (see extras).
- You will need to decide how many authorised shares there will be.
- You will need to decide how many shares are issued and to whom.
- Personal details of the above persons.
- A few security questions will be asked for each officer of the company.
( National Insurance Number, Town of Birth, Colour of Eyes)
Please check the name's availability before ordering as this will save
time and avoid any complications before the process begins. A company's
name cannot be too similar to any company name that already exists. When
you click on the
UK company search services link please enter the proposed
in the box provided and do a search. A list of company names will be
produced, in alphabetical order. The company name nearest to your proposed
name will appear in the middle of the
list. If your proposed name is taken, Companies House will not set up the
company and you will need to pick an alternative name.
If you set up a company that is allowed but a company
feels that it is too similar to its company name, they can register an
objection for your company name to be changed. This can be done within one
year of your incorporation or they may bring a passing-off action in the
courts. This may or may not
be upheld depending on a number of factors.
If you want a company name which includes special words
you will need to show justification for using that word, e.g. group, bank,
insurance, etc. You will be advised if this is necessary and what is
using this professional package.
The difference between this service and other
company formation packages on the internet, is that a professional,
who has formed countless companies before, will check the information
you supply and then, once they have confirmed that it is correct and
that there are no mistakes, will submit it to Companies House on your
behalf. This is what we call the Personal Professional Touch.
The UK limited company would be formed in your name
from the very beginning. This means that you choose the shareholders
(owners), registered office and directors from incorporation, ie, rather
than having the formations agent do it, as with ‘off the shelf’ limited
companies. There are two major advantages of incorporation as opposed to
buying off the shelf. First, when you buy off the shelf you have to
transfer ownership of the company, change its name and pay tax on the
transfer of shares - a tedious process that does not apply to the
incorporation service we offer. Secondly, incorporation simplifies the
credit checking process, which means that you are more likely to be
approved. If you use an ‘off the shelf’ company then a bank or a potential
supplier will have to go through the following process and questions:
- A check will have to be done to see who has operated your company
since its incorporation.
- Did it trade before it was transferred to you?
- Why did it change its name? Was it bought off the shelf or did it
decide to change its image because of a bad reputation?
- A credit check may be needed on the old directors.
- A credit check will be needed on the current directors.
If you simply use our service to form a limited company, however, they check the company and they do a credit check on directors. And that’s it - the process is much less time-consuming. No complications or question marks.
Criminal Intelligence service has issued company formation agents money
laundering guidance notes, where in certain circumstances we
may be obliged to seek evidence of identity from customers.
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