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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 | | SCHEDULE 2, TRANSITIONALS AND SAVINGS ETC. - continued |
| | back to previous text |  | | | | PART 12 | | | OTHER PROVISIONS | | | Unpaid remuneration: non-trades and non-property businesses | | 154 | (1) This paragraph applies for the purposes of section 865. | | | (2) In relation to a period of account ending before 27th November 2002, an amount charged in the accounts in respect of employees' remuneration includes an amount which is held by an intermediary with a view to its becoming employees' remuneration. | | | (3) In relation to a period of account ending on or after 27th November 2002, an amount charged in the accounts in respect of employees' remuneration includes an amount- | | | (a) in respect of employee benefit contributions (within the meaning of sections 38 to 44) made before that date, and | | | (b) which is held by an intermediary, | | | with a view to its becoming employees' remuneration. | | | Employee benefit contributions: non-trades and non-property businesses | | 155 | Section 866 does not apply to deductions that would otherwise be allowed- | | | (a) for a period ending before 27th November 2002, or | | | (b) in respect of employee benefit contributions made before that date. | | 156 | (1) Subject to sub-paragraph (3), section 866 applies before 6th April 2006 with the following amendment. | | | (2) In subsection (5)- | | | (a) for paragraphs (b) and (c) and the word "or" at the end of paragraph (c) substitute- | | |  | "(b) contributions under a retirement benefits scheme within the meaning of Chapter 1 of Part 14 of ICTA (see section 611 of that Act), | | | (c) contributions under a personal pension scheme approved under Chapter 4 of that Part (see section 630 of that Act), or", and |
| | | (b) omit "For the purposes of paragraph (c)" to the end. | | | (3) The power of the Treasury to make an order under section 281 or 283 of FA 2004 has effect as if Schedule 35 to that Act contained an amendment substituting section 866(5) of this Act for that subsection as amended by sub-paragraph (2) above. | | | Crime-related payments: non-trades and non-property businesses | | 157 | Section 870(2)(b) does not apply to expenditure which was incurred before 1st April 2002. | | | Apportionment of miscellaneous profits or losses to tax years before tax year 2005-06 | | 158 | (1) This paragraph applies if- | | | (a) a relevant period of account begins before 6th April 2005 and ends on or after that date, and | | | (b) in order to arrive at the profits or losses of a tax year before the tax year 2005-06 it is necessary to apportion the profits or losses of the relevant period of account to any part of that period falling in a tax year before the tax year 2005-06. | | | (2) A period of account is a "relevant period of account" if- | | | (a) section 871 applies to the period of account, and | | | (b) the profits or losses of the part of the period of account falling in the tax year 2005-06 are calculated in accordance with this Act. | | | (3) The profits or losses of the relevant period of account- | | | (a) are calculated in accordance with this Act (and therefore, to that extent, this Act has effect for tax years before the tax year 2005-06), and | | | (b) may be apportioned in accordance with section 871 to any part of the period of account falling in a tax year before the tax year 2005-06. | | | General deduction rules | | 159 | Neither- | | | (a) the inclusion of rules in section 582 for calculating income chargeable to tax under section 579, nor | | | (b) the inclusion of rules in sections 612 and 617(3) to (6) for calculating income chargeable to tax under Chapter 3 or 4 of Part 5, | | | prevents the continued operation of similar rules of law in relation to the calculation of other income (including profits) chargeable to tax under other provisions of this Act. | | | Section 820 of ICTA | | 160 | Section 820 of ICTA (application of Income Tax Acts from year to year) applies to this Act as if this Act were in force on the day before 6th April 2005. | | | Amendments of Part 4 of FA 2004 (pension schemes etc.) | | 161 | The amendments made by paragraphs 644 to 651 and 655[b] of Schedule 1 come into force at the same time as the enactments which they amend. | | | 
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[b] Amended by Correction Slip. Page 570, paragraph 161, "paragraphs 643 to 650 and 654" should read "paragraphs 644 to 651 and 655".back | | |   | | | | | | 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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