Business Terms and Jargon Explained
What is UK Business Registration
A company must registers itself at Company House. Once a business is registered in the UK it can do anything legal to make money, subject to its Articles of Association.
A company is a separate legal entity which can conduct business. It has its own tax regime and is governed by the Companies Act. To set up a company you will need
- a company name
- a company address
- a director
- shareholders (these can be the directors but do not need to be).
Once a company has been registered it will be required to keep books and
records. It will be issued with a company number and a certificate of
incorporation. The business will need a bank account and may be required to register
<- Go Back
Business Terms Home page
Search Jargon and Terms Database
A B C D E F G H I J K L M N
O P Q R S T U V W X Y Z
Term created / updated 2006-10-04 01:41:00
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.
Copyright © 2004-2019 Scopulus Limited. All rights reserved.