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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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| Income Tax (Trading and Other Income) Act 2005 | | 2005 Chapter 5 - continued | | PART 4, SAVINGS AND INVESTMENT INCOME - continued |
| | back to previous text |  | | | | CHAPTER 11 | | | TRANSACTIONS IN DEPOSITS | | 551 | Charge to tax on profits from disposal of deposit rights | | | (1) Income tax is charged on profits and gains from the disposal of deposit rights. | | | (2) For the purposes of this section, the exercise of a deposit right is a disposal of it, except so far as the right is a right to receive interest. | | 552 | Meaning of "deposit rights" | | | (1) In this Chapter "deposit rights" means- | | | (a) a right to receive, with or without interest, a principal amount stated in, or determined in accordance with, the current terms of issue of an eligible debt security, where in accordance with those terms the issue of uncertificated units of the eligible debt security corresponds to the issue of a certificate of deposit, | | | (b) a right to receive the principal amount stated in a certificate of deposit, with or without interest, | | | (c) an uncertificated right to receive a principal amount, with or without interest, as a result of a deposit of money, | | | | | | (i) is not within paragraph (c),
| | | (ii) is acquired in a transaction in which no certificate of deposit or security or uncertificated eligible debt security units are issued, and
| | | (iii) is a right to receive a principal amount payable with interest by a bank or similar institution or a person regularly engaging in similar transactions, and
| | | (e) the right to receive the interest mentioned in paragraph (d). | | | (2) In this section- | | | "certificate of deposit" means a document- | | | (a) relating to the deposit of money in any currency,
| | | (b) recognising an obligation to pay a stated principal amount to bearer or to order, with or without interest, and
| | | (c) by the delivery of which, with or without endorsement, the right to receive that stated amount, with or without interest, is transferable,
| | | "eligible debt security" has the meaning given in regulation 3(1) of the Uncertificated Securities Regulations 2001 (S.I. 2001/3755), | | | "security" (except in relation to an eligible debt security) includes any loan stock or similar security, whether secured or unsecured and whether issued by- | | | (a) the Government of the United Kingdom or another government,
| | | (b) any local or other public authority in the United Kingdom or elsewhere, or
| | | | | | "uncertificated", in relation to a unit, has the meaning given in regulation 3(1) of the Uncertificated Securities Regulations 2001, | | | "uncertificated eligible debt security units" means uncertificated units of an eligible debt security where the issue of the units corresponds, in accordance with the current terms of issue of the eligible debt security, to the issue of a certificate of deposit, | | | "uncertificated right" means a right in respect of which no certificate of deposit has been issued, although the person for the time being entitled to it is entitled to call for the issue of such a certificate, and | | | "unit" has the meaning given in regulation 3(1) of the Uncertificated Securities Regulations 2001. | | 553 | Income charged | | | Tax is charged under this Chapter on the full amount of profits or gains arising in the tax year. | | 554 | Person liable | | | The person liable for any tax charged under this Chapter is the person receiving or entitled to the profits or gains. | | | 
| | |   | | | | | | 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 |
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 | © Crown copyright 2005 | Prepared 29 March 2005 |
Income Tax (Trading and Other Income) 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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