There are several advantages to register limited company. First, you have complete control over the company, even if the share capital is raised elsewhere. Second, you can protect your investment with an asset protection policy. Third, if you are looking for a way to set up a limited company without taking a long time to do it yourself or paying a lot of money for professional advice; then you may want to consider setting up limited company formation. In this article, we will go through the basics of how to register a limited company. This article should setting up limited company help you understand the process of incorporating a limited company.
Setting up a limited company is done by a licensed accountant. He makes a special application for his client and passes the necessary documentation to the Registrar of Companies. When he is completed, he submits his fee along with other supporting documents, including the Memorandum and Articles of Association. The register of companies then accepts the application for the limited company and registers the new company. The accountant then chairs the board of directors of the new limited company, making all of its decisions under his direction.
The next step is to prepare the Memorandum and Article of Association. This will be a legally binding document that will cover all of the major issues regarding the limited company. It includes the name of the limited company, its objective and mission, its registered office, the registered proprietor, and its duration. The accountant also prepares the minutes of the Board of Directors’ meeting, which is used as evidence of the meetings held.
Once the Memorandum and Article of Association has been prepared, the company is now ready to be registered. The company must first obtain a PO Box number from the Companies House and then submit it along with all relevant supporting documentation to the Registrar of Companies. The next step is to submit an application form for registration. This is to include all necessary information such as the home address, business address, and date of birth.
After the application has been submitted, the Registrar of Companies can begin the process of incorporating the limited company. On completion of the incorporation process, a copy of the Companies House list of all current companies is sent to the home address provided in the original request form. The home address must be checked against the details on the register of companies to confirm that the details are correct. The registered office must then be delivered to the county court for confirmation.
Once the documents have been received, the company can now be operated. It is important for the company director to ensure that all shareholders receive notice of meetings and all necessary documents relating to company operations. It is also advisable for directors to update themselves on the status of company matters on a regular basis through the moneys held in the authorised company directors’ certificate account. The most common way of doing this is via the moneys held account.