Owning and running a successful company is everyone’s desire but setting up a company right from the scratch is a tedious task and requires lots of paperwork and is time consuming. There are various legal formalities that one must adhere to while setting up a company. Having knowledge about the nitty gritty of the company formation act becomes imperative as it plays a major role in determining how much your company abide with the legislative rules regarding the same. This also plays a majority role in risk mitigation of your company as it avoids the risk of being investigated and caught of guilty if your company comply and abide with all legalities.
When you are starting a business, you’ll want to start trading quickly without spending too much time on company formation paperwork. At Season Associates, we provide a cost-effective and efficient company formation service for new companies in East London and across the UK. We understand that dealing with Companies House filing and HMRC requirements can be complicated and time-consuming for secretaries and directors. We are here to take the burden off your shoulders with our hassle-free services and provide you assistance in company formation.
The Companies Act 2006 is an Act passed by the Parliament of the United Kingdom and is the primary source of Company Law in UK. In stages this act was brought into force post its commencement on April 4 2006 with the final provision being commenced on October 1 2009. It is was bought into effect by making changes to the superseding companies act 1985. The purpose of the act is to provide a comprehensive set of code for the company law of the United Kingdom and brought changes to the almost every facet of the existing companies law. While helping you build your organisation, we comply with all the aspects of the Company Act 2006.
Everyone desires of owning a business, have great ideas also but somehow fails when it comes to planning and execution. Get in touch with us and take a first step towards your dream accomplishment.
While starting your own venture, it is important to be sure and practical about the idea of your business, it is also very important to know, learn and then decide about the type of company you want to select from the different type of companies you have the option of selecting. This ensures that you select the type of company ideal to your business / organisation need and can reap maximum benefits. Thus, the different type of companies are (the list is non exhaustive):
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First and foremost, you need a unique company name. Other than this you need to provide personal details such as name, address, telephone info, place and date of birth, etc of each and every shareholder and director.
Yes, any address can be used for the registration of a company provided you are comfortable with that address going public.
Any individual above the age 16 can form a company provided the address of the company is in the UK.
No, it is not mandatory to be a UK resident, but it I mandatory that your company has a registered UK address.