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Deluxe Package |
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£ 557.00 | Annual Maintenance Fee £525.00 | |  |
The Deluxe limited company package is a fast and easy option, it is ideal for the UK, EU, and international small to medium businesses who wish to appoint a nominee director and a nominee secretary in order to maintain anonymity, and it includes: -
Incorporation of your company from scratch using one of our registered office addresses in London, our nominee director and nominee secretary. We can appoint your own candidate(s) to the role of shareholder(s), or you can appoint a nominee sharholder provided by Coddan;
The standard capital on formation is £1.00, this is divided into 1.00 ordinary share valued at £1.00 (a minimum of one share must be issued);
The formation of a limited company usually takes as little as four to six hours from the time that your application and payment are received by Coddan;
The government fee for incorporation is included in the price of this package;
The provision of a registered office address for 12 months is included in the price of this package (our registered office address service is charged annually);
The provision of a nominee secretary for 12 months is included in the price of this package (our nominee secretary service is charged annually);
The provision of a nominee director for 12 months is also included in the price of this package (our nominee director service is charged annually);
The following two hard bound copies of corporate documents, will be posted to you upon formation of your company: -
A laminated copy of the certificate of incorporation of your company;
A hard bound copy of the memorandum and articles of association;
A hard bound copy of the minutes of the first meeting of directors;
Share certificates, and your company register;
The general power of attorney signed by a nominee director;
Pre-signed, undated resignation letter from a nominee director;
The agreement for the provision of nominee service and indemnification of nominee.
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| Legal Requirements to Register an LTD | |  |
A private company limited by shares in England and Wales must have at least one director, one shareholder, and may have a secretary.
You need at least one person to form this type of company. If there is only one director, and that director is a natural person in your company, that director can also act as the secretary.
A company must have at least one director who is a natural person. This requirement is met if the office of director is held by a natural person as a corporation sole or otherwise by virtue of an office.
You can register a sole director' company, if you are familiar with the secretaries duties and responsibilities, because all of them belongs to a sole director.
The directors and secretary of your company can also be shareholders.
The Companies Act imposes no restriction on the minimum age of company directors. However Companies House will actively discourage the appointment of anyone under the age of 16 from taking up a company directorship on the grounds that the individuals concerned may not fully understand the legal liabilities that go with the position and for the most part will not have the experience necessary to perform the duties of a company director.
Under the Companies Act 2006, there is no restriction on any or all of the members/shareholders being from an overseas country (i.e. outside the United Kingdom in terms of residency, domicile, citizenship, place of incorporation or all or any of those concepts).
There is no requirement for the officers of your company to be UK citizens or residents, nor for them to hold valid work permits.
Owning, or being an officer of a UK company does not, however, grant you any right to live or work in the UK if you are a foreign national.
Your company must have a registered office address within England or Wales; this is the official address of your company and will be on the public record as such.
Your company must hold its official company documents at its registered office address: its register of shareholders, and its constitutional documents.
So long as you maintain a registered office address in England or Wales, you can conduct your business from any place in the world: you do not have to run your business from your registered office address.
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| Finance (No. 2) Act 2005 | | 2005 Chapter 22 - continued |
| | back to previous text |  | | | | PART 3 | | | STAMP TAXES | | | Stamp duty land tax | | 47 | E-conveyancing | | | (1) In section 9(1) of the Public Finance and Accountability (Scotland) Act 2000 (asp 1) (Keeper of the Registers of Scotland: financial arrangements) after "Sums" insert "(other than payments of stamp duty land tax)". | | | (2) In section 79(1) of FA 2003 (registration of land transactions) after "in relation to the transaction" insert "or such information about compliance as the Commissioners for Her Majesty's Revenue and Customs may specify in regulations." | | | (3) In section 119(1) of FA 2003 (land transactions: effective date) for "the date of completion" substitute- | | |  | "(a) the date of completion, or | | | (b) such alternative date as the Commissioners for Her Majesty's Revenue and Customs may prescribe by regulations." |
| | | (4) After paragraph 7(1) of Schedule 10 to FA 2003 (land transaction returns: correction of errors) insert- | | |  | "(1A) The power under sub-paragraph (1) may, in such circumstances as the Commissioners for Her Majesty's Revenue and Customs may specify in regulations, be exercised- | | | (a) in relation to England and Wales, by the Chief Land Registrar; | | | (b) in relation to Scotland, by the Keeper of the Registers of Scotland; | | | (c) in relation to Northern Ireland, by the Registrar of Titles or the registrar of deeds; | | | (d) in any case, by such other persons with functions relating to the registration of land as the regulations may specify." |
| | | (5) The Commissioners for Her Majesty's Revenue and Customs- | | | (a) may make regulations conferring administrative functions on a land registrar in connection with stamp duty land tax, and | | | (b) may make payments to land registrars in respect of the exercise of those functions. | | | (6) In subsection (5) "land registrar" means- | | | (a) in relation to England and Wales, the Chief Land Registrar, | | | (b) in relation to Scotland, the Keeper of the Registers of Scotland, | | | (c) in relation to Northern Ireland, the Registrar of Titles or the registrar of deeds, and | | | (d) in any case, such other persons with functions relating to the registration of land as regulations under subsection (5) may specify. | | | (7) Regulations under subsection (5)- | | | (a) shall be made by statutory instrument, and | | | (b) shall be subject to annulment in pursuance of a resolution of the House of Commons. | | 48 | Disclosure of information contained in land transaction returns | | | (1) After section 78 of FA 2003 insert- | | | | "78A | Disclosure of information contained in land transaction returns |  | (1) Relevant information contained in land transaction returns delivered under section 76 (whether before or after the commencement of this section) is to be available for use- | | | (a) by listing officers appointed under section 20 of the Local Government Finance Act 1992, for the purpose of facilitating the compilation and maintenance by them of valuation lists in accordance with Chapter 2 of Part 1 of that Act, | | | (b) as evidence in an appeal by virtue of section 24(6) of that Act to a valuation tribunal established under Schedule 11 to the Local Government Finance Act 1988, | | | (c) by the Commissioner of Valuation for Northern Ireland, for the purpose of maintaining a valuation list prepared, and from time to time altered, by him in accordance with Part 3 of the Rates (Northern Ireland) Order 1977, and | | | (d) by such other persons or for such other purposes as the Treasury may by regulations prescribe. | | | (2) In this section, "relevant information" means any information of the kind mentioned in paragraph 1(4) of Schedule 10 (information corresponding to particulars required under previous legislation). | | | (3) The Treasury may by regulations amend the definition of relevant information in subsection (2)." |
| | | (2) In section 245 of FA 1994 (production of documents: supplementary) for subsection (2) substitute- | | |  | "(2) The information contained in any document produced to the Commissioners under section 244(2) above shall be available for use by the Commissioner of Valuation for Northern Ireland." |
| | | (3) For the heading to Part 6 of FA 1994 substitute "Stamp duty". | | | (4) Regulation 3 of the Stamp Duty Land Tax (Consequential Amendment of Enactments) Regulations 2005 (S. I. 2005/82) is hereby revoked. | | | (5) Subsections (1) to (4) come into force on such day as the Treasury may by order appoint. | | | (6) Section 114(3) of FA 2003 (negative resolution procedure) does not apply to an order made under subsection (5). | | 49 | Miscellaneous amendments | | | Schedule 10 (which makes miscellaneous amendments of Part 4 of FA 2003) has effect. | | | Stamp duty and stamp duty reserve tax | | 50 | Power to extend exceptions relating to recognised exchanges | | | (1) The Treasury may by regulations extend the application of the provisions mentioned in subsection (2) to any market (specified by name or by description) which- | | | (a) is not a recognised exchange, but | | | (b) is a multilateral trading facility (or, assuming compliance with the provisions of Title II of the Directive (authorisation and operating conditions), would be such a facility). | | | (2) The provisions referred to in subsection (1) are- | | | (a) sections 80A and 80C of FA 1986 (stamp duty: exceptions for sales to intermediaries and for repurchases and stock lending), and | | | (b) sections 88A and 89AA of that Act (stamp duty reserve tax: exceptions for intermediaries and for repurchases and stock lending). | | | (3) In this section- | | | "the Directive" means Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments; | | | "multilateral trading facility" has the same meaning as in the Directive (see Article 4(15)); | | | "recognised exchange" means any of the following- | | | | | | (b) a recognised foreign exchange,
| | | (c) a recognised foreign options exchange,
| | | within the meaning of the provisions mentioned in subsection (2). | | | (4) Regulations under this section may provide for the application of the provisions mentioned in subsection (2) subject to any adaptations appearing to the Treasury to be necessary or expedient. | | | (5) In subsection (1)(b) the words "(or, assuming compliance with the provisions of Title II of the Directive (authorisation and operating conditions), would be such a facility)" shall cease to have effect on such day as the Treasury may by order appoint. | | | (6) Section 117 of FA 2002 (power to extend the exceptions in subsection (2) to any market prescribed by order under section 118(3) of the Financial Services and Markets Act 2000) shall cease to have effect on such day as the Treasury may by order appoint. | | | (7) The power to make regulations or an order under this section is exercisable by statutory instrument. | | | (8) A statutory instrument containing- | | | (a) regulations under this section, or | | | (b) an order under subsection (5), | | | shall be subject to annulment in pursuance of a resolution of the House of Commons. | | | 
| | |   | | | | | | Other UK Acts | Home | Scotland Legislation | Wales Legislation | Company Formation Online | Company Formations in Republic of Ireland | Company Registration in Northern Ireland | Incorporate in California, Nevada, Florida and New York | Incorporate Offshore Corporation |
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 | © Crown copyright 2005 | Prepared 25 July 2005 |
Finance (No. 2) Act 2005 is reproduced under the terms of Crown Copyright Policy Guidance issued by HMSO. Publishing Rights: Coddan CPM Core Licence (HMSO) number is C02W0007897 issued on 25 November 2005 by HMSO Licensing Division (Core Licence.pdf Licence to reproduce public sector information).
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