We can give you the expert, cost-effective advice that you need when forming a company.
Incorporating your business:
A business cannot operate as a limited company until it has been incorporated as a company at Companies House. Incorporation is the process by which a new business or an existing sole trader or partnership becomes a limited company.
We can work with you and your business to ensure that your company structure and constitution match your needs and provide a framework that will allow your business to grow.
Contact us today on 01244 312306 for free initial advice.
Steps to take when forming your company:
Below we have listed the main steps that you should consider before incorporating your company. We can offer you expert guidance on these and other related issues. We can also assist you with drafting appropriate Articles of Association and completing the incorporation documents which must be sent to Companies House.
1. Choosing a Company Name
When you register your company you will need to choose an effective and available business name.
The name must follow certain guidelines, which we will make you aware of before proceeding with the application to incorporate.
We will check with Companies House that the name you have chosen is available, and make you aware of any potential problems. As long as the name falls outside of any restrictions and is not in use, you should not have any problems.
2. Appointing Directors
Directors are appointed to manage the activities of the company in accordance with the company’s Articles of Association and with company law. We will ensure that you are aware of the responsibilities that you will have as a company director.
3. Choosing the Right Share Structure
We will give you advice about the appropriate share structure for your company. This is important because you may wish to attach different rights and privileges to shares. Company directors are often also shareholders, especially in smaller companies, but this does not have to be the case.
4. Appointing a Company Secretary
Private companies are no longer required to appoint a company secretary. If no secretary is appointed, the secretary’s duties will be performed by either the directors or such other person.
The secretary is responsible for administering the statutory documents and records of the company. We act as secretary for a great many of our commercial clients for a competitive, annual fixed fee. We would be happy to act as your company secretary to ensure that all documents are filed accurately and on time through the web filing service at Companies House.
Contact us today:
If you wish to discuss forming a company please contact either Tim Polding on 01244 354697 who will be delighted to assist you.
Call and speak to a lawyer on 01244 312306