UK Company Formations

Many of the costs associated with managing and operating a limited company are no longer much greater than a non-limited business. Accountants and other professional advisers often have conflicting views on when they consider the benefits of being limited to outweigh the advantages of being self-employed. In general terms, at least from the perspective of taxation and accountancy, changes to legislation over the last few years have meant much lower costs associated with limited companies.

There is no obligation for a limited company to commence trading within any set time period after its incorporation. This means that the formation of a limited company is one simple and low cost method to protect a business name. Whilst this does not in itself give any rights to use of the business name, many clients form companies in anticipation of future development of new businesses or in order to protect the limited company name of an existing non-limited business for the future. Remember, no two limited companies can exist with exactly the same name.

See our notes on “Which type of company?” for a comparative guide to the various types of corporate entities. We have various packages to suit many needs, click on the link below to see what suits your clients needs the best.   However if you have different criteria our system is flexible enough to allow us to design a package just for you, tailored to your specific requirements. Just ring the support staff and this can be set up for you in minutes.

OUR PACKAGES

Our system is versatile and easy to use and the simple step by step process is explained at every stage. However for all officer/shareholders we require the following information.

• Full name
• Residential address
• Date of birth
• Nationality
• Occupation

In addition to this all officers and shareholder have an electronic signature based on three personal details, these are required to be input ito the system is order to protect the client from impersonation at a later date. The identifiers are:-

• Mothers maiden name
• Town of birth
• Eye colour

For further details and information about the system click on the link below.

Overview of the system