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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 2, TRADING INCOME - continued |
| | back to previous text |  | | | | CHAPTER 7 | | | TRADE PROFITS: GIFTS TO CHARITIES ETC. | | 107 | Professions and vocations | | | The provisions of this Chapter apply to professions and vocations as they apply to trades. | | 108 | Gifts of trading stock to charities etc. | | | (1) This section applies if a person carrying on a trade ("the donor") gives an article for the purposes of- | | | (a) a charity, a registered club or a body listed in subsection (4), or | | | (b) a designated educational establishment (see section 110), | | | and the article is one manufactured, or of a class or description sold, by the donor in the course of the trade. | | | (2) In calculating the profits of the trade, no amount is required to be brought into account as a receipt in consequence of the disposal of the article. | | | (3) In this section "registered club" has the meaning given by paragraph 1 of Schedule 18 to FA 2002 (relief for community amateur sports clubs). | | | (4) The bodies referred to in subsection (1)(a) are- | | | (a) the Trustees of the National Heritage Memorial Fund, | | | (b) the Historic Buildings and Monuments Commission for England, | | | (c) the Trustees of the British Museum, | | | (d) the Trustees of the Natural History Museum, and | | | (e) the National Endowment for Science, Technology and the Arts. | | | (5) This section needs to be read with section 109 (receipt by donor or connected person of benefit attributable to certain gifts). | | 109 | Receipt by donor or connected person of benefit attributable to certain gifts | | | (1) This section applies if a person carrying on a trade ("the donor") makes a gift in relation to which- | | | (a) section 108 applies, or | | | (b) section 63(2) of CAA 2001 applies (gifts to charities etc. of plant or machinery used in the trade), | | | and the donor, or a person connected with the donor, receives a benefit which is in any way attributable to the making of the gift. | | | (2) An amount equal to the value of the benefit- | | | (a) is brought into account in calculating the profits of the trade, as a receipt of the trade arising on the date on which the benefit is received, or | | | (b) if the donor has permanently ceased to carry on the trade before that date, is treated as a post-cessation receipt (see Chapter 18). | | 110 | Meaning of "designated educational establishment" | | | (1) For the purposes of section 108 "designated educational establishment" means an educational establishment designated, or within a category designated, in regulations made- | | | (a) for England and Scotland, by the Secretary of State, | | | (b) for Wales, by the National Assembly for Wales, and | | | (c) for Northern Ireland, by the Department of Education. | | | (2) The regulations may make different provision for different areas. | | | (3) If any question arises as to whether an educational establishment is within a category designated in the regulations, the Inland Revenue must refer the question for decision- | | | (a) in the case of an establishment in England or Scotland, to the Secretary of State, | | | (b) in the case of an establishment in Wales, to the National Assembly for Wales, and | | | (c) in the case of an establishment in Northern Ireland, to the Department of Education. | | | (4) The power of the Secretary of State or the National Assembly for Wales to make regulations under this section is exercisable by statutory instrument. | | | (5) A statutory instrument containing any regulations made by the Secretary of State under this section is subject to annulment in pursuance of a resolution of the House of Commons. | | | (6) Regulations made under this section by the Department of Education- | | | (a) are a statutory rule for the purposes of the Statutory Rules (Northern Ireland) Order 1979 (S.I. 1979/1573 (N.I. 12)), and | | | (b) are subject to negative resolution within the meaning of section 41(6) of the Interpretation Act (Northern Ireland) 1954 (c. 33 (N.I.)). | | | 
| | |   | | | | | | 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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