This is our most popular package with UK residents, and includes: -
The registration of your company from scratch using your own registered office address, and appoint your own candidates to the roles of director, secretary (if needed), and shareholder;
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 following documents, which need to be printed and signed, will be emailed to you upon formation of your company: -
A certificate of incorporation (requires PDF file reader);
The memorandum & articles of association (requires MS-Word file reader);
The first meeting of the board of directors (requires MS-Word file reader);
Share certificates and a company register (requires MS-Word file reader).
Economy Package
£ 82.00
Annual Maintenance Fee £50.00
This is our most popular package with UK and EU residents, and includes: -
The registration your company from scratch using one of our registered office addresses, and appoint your own candidates to the roles of director, secretary (if needed), and shareholder;
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 also included in the price of this package (our registered office address service is charged annually);
The following documents, which need to be printed and signed, will be emailed to you upon formation of your company: -
A certificate of incorporation (requires PDF file reader);
The memorandum & articles of association (requires MS-Word file reader);
The first meeting of the board of directors (requires MS-Word file reader);
Share certificates and a company register (requires MS-Word file reader).
Premier Package
£ 207.00
Annual Maintenance Fee £175.00
This is another one very popular package for small and medium size businesses, such as those being run by a sole director from home, and for companies owned by overseas residents who still need a local registered office address but would rather not open local offices;
This package is often chosen by such customers, who are looking to minimise a sole director personal liability (and who are not quite familiar with the new UK corporate legislation), because this package includes a provision of a nominee secretary for 12 months. This package is also includes: -
The registration your company from scratch using one of our registered office addresses, and appoint your own candidates to the roles of director, and shareholder;
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 also included in the price of this package (our nominee secretary service is charged annually);
The following hard bound copy 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.
Deluxe Package
£ 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.
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.
An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.
[29th July 1988]
Most Gracious Sovereign,
WE, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Part I
Customs and Excise
Duties of excise: rates
Beer, wine, made-wine and cider.
1.—(1) In section 36 of the [1979 c. 4.] Alcoholic Liquor Duties Act 1979 (excise duty on beer)—
(a) for "£25.80" and "£0.86" there shall be substituted "£27.00" and "£0.90" respectively; and
(b) for the words from "at the rate" onwards there shall be substituted the words "at the rate of £0.90 per hectolitre for every degree by which the original gravity of the beer exceeds 1000 degrees".
(2) In sections 42(6) and 43(4) of that Act (rates of drawback), the words "but as respects" onwards shall cease to have effect.
(3) For the Table of rates of duty in Schedule 1 to that Act (wine and made-wine) there shall be substituted the Table in Part I of Schedule 1 to this Act.
(4) In section 62(1) of that Act (excise duty on cider) for "£15.80" there shall be substituted "£17.33".
(5) That Act shall have effect subject to the amendments set out in Part II of Schedule 1 to this Act (which relate to beverages of an alcoholic strength not exceeding 5.5 per cent.).
(6) In this section—
(a) subsections (1)(a), (3) and (4) (with Part I of Schedule 1 to this Act) shall be deemed to have come into force at 6 o'clock in the evening of 15th March 1988;
(b) subsections (1)(b) and (2) shall come into force on 1st October 1988; and
(c) subsection (5) (with Part II of Schedule 1 to this Act) shall come into force on such day as the Commissioners may by order made by statutory instrument appoint;
and different days may be appointed under paragraph (c) above for different provisions or different purposes.
Tobacco products.
2.—(1) For the Table in Schedule 1 to the [1979 c. 7.] Tobacco Products Duty Act 1979 there shall be substituted—
"Table"
1. Cigarettes
An amount equal to 21 per cent. of the retail price plus £31.74 per thousand cigarettes.
2. Cigars
£48.79 per kilogram.
3. Hand-rolling tobacco
£51.48 per kilogram.
4. Other smoking tobacco and chewing tobacco
£24.95 per kilogram.
(2) This section shall be deemed to have come into force on 18th March 1988.
Hydrocarbon oil.
3.—(1) In section 6(1) of the [1979 c. 5.] Hydrocarbon Oil Duties Act 1979, for "£0.1938" (light oil) and "£0.1639" (heavy oil) there shall be substituted "£0.2044" and "£0.1729" respectively.
(2) In section 13A of that Act (rebate on unleaded petrol), for "£0.0096" there shall be substituted "£0.0202".
(3) This section shall be deemed to have come into force at 6 o'clock in the evening of 15th March 1988.
Vehicles excise duty.
4.—(1) The [1971 c. 10.] Vehicles (Excise) Act 1971 ("the 1971 Act") and the [1972 c. 10 (N.I.).] Vehicles (Excise) Act (Northern Ireland) 1972 ("the 1972 Act") shall be amended as follows.
(2) In Part I of Schedule 1 to each Act (annual rates of duty on motor bicycles etc.), in paragraph 2 (concession for certain bicycles first licensed before 1933 or, in Northern Ireland, 1935)—
(a) in sub-paragraph (a), for the words "for which a licence was taken out before the beginning of the year" there shall be substituted the words "constructed before"; and
(b) in sub-paragraph (b), for the words "224 pounds" there shall be substituted the words "101.6 kilograms".
(3) In Part I of Schedule 3 to each Act (annual rates of duty on tractors etc.)—
(a) in paragraph 6 (definition of "haulage vehicle"), after the words "foregoing paragraphs" there shall be inserted the words "or paragraph 8 below";
(b) at the end of sub-paragraph (2) of paragraph 8 (recovery vehicles) there shall be added
"and
(e) any purpose prescribed for the purposes of this sub-paragraph";
(c) in sub-paragraph (3) of that paragraph, in paragraph (c), for the word "paragraph" there shall be substituted the word "sub-paragraph";
(d) after that sub-paragraph there shall be inserted—
"(4) A vehicle which is constructed or permanently adapted as mentioned in sub-paragraph (1) above shall not be a recovery vehicle if at any time the number of vehicles which it is used to recover exceeds a number specified by an order of the Secretary of State made for the purposes of this sub-paragraph.
(5) The power to make an order under sub-paragraph (4) above shall be exercisable by statutory instrument; but no such order shall be made unless a draft of it has been laid before and approved by a resolution of each House of Parliament."
(4) In Part II of Schedule 4 to the 1971 Act (annual rates of duty on goods vehicles), for Tables A, A(1) and A(2) (rates for rigid goods vehicles having plated gross weight exceeding 12 tonnes) there shall be substituted the Tables set out in Part I of Schedule 2 to this Act.
(5) The Tables set out in Part I of Schedule 2 to this Act shall also be substituted for Tables A, A(1) and A(2) in Part II of Schedule 4 to the 1972 Act, but modified for that purpose by the substitution for any reference to a plated gross weight of a reference to a relevant maximum weight.
(6) In Part II of Schedule 5 to each Act (annual rates of duty on motor cars etc.), in column 1, for paragraph 1 (vehicles first registered before 1947) there shall be substituted—
"1. Vehicles constructed before 1947."
(7) The amendments of the 1971 and 1972 Acts set out in Part II of Schedule 2 to this Act shall have effect for the purpose of, and in connection with, establishing vehicles carrying or drawing exceptional loads as a class of vehicles chargeable with a specific duty of excise.
(8) Section 2(1)(c) of the 1971 Act and section 2(1)(c) and (d) of the 1972 Act (seven day licences) shall cease to have effect.
(9) Subsections (2) and (4) to (6) above shall have effect in relation to licences taken out after 15th March 1988; and subsections (7) and (8) above shall be deemed to have come into force on 1st June 1988.
Duties of excise: other provisions
Relief from excise duty on goods imported for testing etc.
5.—(1) After section 11 of the [1979 c. 3.] Customs and Excise Duties (General Reliefs) Act 1979 there shall be inserted—
"Relief from excise duty on goods imported for testing etc".
11A.—(1) The Commissioners may by order provide that, in such cases and subject to such exceptions as may be specified in the order, goods imported into the United Kingdom for the sole or main purpose—
(a) of being examined, analysed or tested; or
(b) of being used to test other goods,
shall be relieved from excise duty chargeable on importation; and any such relief may take the form either of an exemption from payment of duty or of a provision whereby the sum payable by way of duty is less than it otherwise would be.
(2) An order under this section—
(a) may make any relief for which it provides subject to conditions specified in or under the order, including conditions to be complied with after the importation of the goods to which the relief applies;
(b) may contain such incidental and supplementary provisions as the Commissioners think necessary or expedient; and
(c) may make different provision for different cases.
(3) In this section, references to excise duty include any additions to such duty by virtue of section 1 of the [1979 c. 8.] Excise Duties (Surcharges or Rebates) Act 1979."
(2) In section 17 of that Act (statutory instruments containing orders or regulations: parliamentary procedure)—
(a) after "7" in subsection (3) and after "4" in subsection (4) there shall be inserted ", 11A"; and
(b) for "or 4" in subsection (5) there shall be substituted ", 4 or 11A".
Remission of duty in respect of spirits used for medical or scientific purposes.
6.—(1) For section 8 of the [1979 c. 4.] Alcoholic Liquor Duties Act 1979 there shall be substituted—
"Remission of duty in respect of spirits used for medical or scientific purposes".
8.—(1) Where a person proposes to use spirits—
(a) in the manufacture or preparation of any article recognised by the Commissioners as being an article used for medical purposes; or
(b) for scientific purposes,
the Commissioners may, if they think fit and subject to such conditions as they see fit to impose, authorise that person to receive, and permit the delivery from warehouse to that person of, spirits for that use without payment of the duty chargeable thereon.
(2) If any person contravenes or fails to comply with any condition imposed under this section then, in addition to any other penalty he may have incurred, he shall be liable on summary conviction to a penalty of level 3 on the standard scale."
(2) In section 22 of that Act (drawback on British compounds and spirits of wine), subsection (7) shall cease to have effect.
(3) In section 31(1) of that Act (restriction on delivery of immature spirits for home use), for paragraph (f) there shall be substituted—
"(f) to spirits delivered for medical or scientific purposes under section 8 above; or".
(4) In section 33 of that Act (restrictions on use of certain goods relieved from spirits duty)—
(a) in paragraph (c) of subsection (1), for the word "repayment" there shall be substituted the word "remission";
(b) paragraph (d) of that subsection and the word "or" immediately preceding that paragraph shall cease to have effect; and
(c) in paragraph (b) of subsection (2), for the words "repaid or assumed to be repayable" there shall be substituted the word "remitted".
Meaning of "sparkling" in relation to wine and made-wine.
7.In Schedule 1 to the Alcoholic Liquor Duties Act 1979 (wine and made-wine), in paragraph 1(1) under the heading "Interpretation" (meaning of "sparkling"), for the words "1 bar in excess of atmospheric pressure" there shall be substituted the words "1.5 bars in excess of atmospheric pressure".
Management
Disclosure of information as to imports.
8.—(1) The Commissioners may, for the purpose of supplementing the information as to imported goods which may be made available to persons other than the Commissioners, disclose information to which this section applies to such persons as they think fit.
(2) Such information may be so disclosed on such terms and conditions (including terms and conditions as to the payment of fees or charges to the Commissioners and the making of the information available to other persons) as the Commissioners think fit.
(3) This section applies to information consisting of the names and addresses of persons declared as consignees in entries of imported goods, arranged by reference to such classifications of imported goods as the Commissioners think fit.
(4) This section shall be construed as if it were contained in the [1979 c. 2.] Customs and Excise Management Act 1979.
Approval and regulation of warehouses.
9.—(1) In section 92(2) of the Customs and Excise Management Act 1979 (approval of warehouses), for paragraph (b) there shall be substituted—
"(b) of such other goods as the Commissioners may allow to be warehoused—
(i) for exportation or for use as stores in cases where relief from or repayment of any customs duty or other payment is conditional on their exportation or use as stores; or
(ii) for exportation or for use for a purpose referred to in a Community regulation in cases where payment of an export refund under such a regulation is conditional on their exportation or use for such a purpose,"
(2) In section 93(2) of that Act (regulation of warehouses and warehoused goods), in paragraph (c) the words "(other than operations consisting of the mixing of spirits with wine or made-wine)" shall cease to have effect.
Power to search persons.
10.—(1) In subsection (1) of section 164 of the Customs and Excise Management Act 1979 (power to search persons)—
(a) after the words "person to whom this section applies" there shall be inserted the words "(referred to in this section as "the suspect")"; and
(b) for the words from "any officer" onwards there shall be substituted the words "an officer may exercise the powers conferred by subsection (2) below and, if the suspect is not under arrest, may detain him for so long as may be necessary for the exercise of those powers and (where applicable) the exercise of the rights conferred by subsection (3) below".
(2) For subsections (2) and (3) of that section there shall be substituted—
"(2) The officer may require the suspect—
(a) to permit such a search of any article which he has with him; and
(b) subject to subsection (3) below, to submit to such searches of his person, whether rub-down, strip or intimate,
as the officer may consider necessary or expedient; but no such requirement may be imposed under paragraph (b) above without the officer informing the suspect of the effect of subsection (3) below.
(3) If the suspect is required to submit to a search of his person, he may require to be taken—
(a) except in the case of a rub-down search, before a justice of the peace or a superior of the officer concerned; and
(b) in the excepted case, before such a superior;
and the justice or superior shall consider the grounds for suspicion and direct accordingly whether the suspect is to submit to the search.
(3A) A rub-down or strip search shall not be carried out except by a person of the same sex as the suspect; and an intimate search shall not be carried out except by a suitably qualified person."
(3) After subsection (4) of that section there shall be inserted—
"(5) In this section—
"intimate search" means any search which involves a physical examination (that is, an examination which is more than simply a visual examination) of a person's body orifices;
"rub-down search" means any search which is neither an intimate search nor a strip search;
"strip search" means any search which is not an intimate search but which involves the removal of an article of clothing which—
(a) is being worn (wholly or partly) on the trunk; and
(b) is being so worn either next to the skin or next to an article of underwear;
"suitably qualified person" means a registered medical practitioner or a registered nurse.
(6) Notwithstanding anything in subsection (4) of section 48 of the [1987 c. 41.] Criminal Justice (Scotland) Act 1987 (detention and questioning by customs officers), detention of the suspect under subsection (1) above shall not prevent his subsequent detention under subsection (1) of that section."
Time limits for arrest and proceedings.
11.—(1) In section 138(1) of the [1979 c. 2.] Customs and Excise Management Act 1979 (power to arrest within 3 years of commission of offence) for the words "3 years" there shall be substituted the words "20 years".
(2) For subsection (1) of section 147 of that Act (proceedings to be commenced within 3 years of commission of offence) there shall be substituted—
"(1) Save as expressly provided in the customs and excise Acts and notwithstanding anything in any other enactment, the following shall apply in relation to proceedings for an offence under those Acts—
(a) proceedings on indictment shall not be commenced later than 20 years from the date of the commission of the offence and may be commenced at any time within 20 years from that date; and
(b) summary proceedings shall not be commenced later than 3 years from that date and, subject to that, may be commenced at any time within 6 months from the date on which sufficient evidence to warrant the proceedings came to the knowledge of the prosecuting authority;
and in this subsection "the prosecuting authority" means the Commissioners in relation to England and Wales or Northern Ireland and the Lord Advocate in relation to Scotland."
(3) This section has effect in relation to offences committed after the passing of this Act.
Punishment of offences.
12.—(1) In the following enactments (which provide for the punishment on conviction on indictment of certain offences), namely—
(a) sections 50(4)(b), 53(9)(b), 63(6)(b), 68(3)(b), 100(4)(b), 159(7)(b) and 170(3)(b) of the [1979 c. 2.] Customs and Excise Management Act 1979;
(b) sections 10(7)(b), 13(5)(b) and 14(8)(b) of the [1979 c. 5.] Hydrocarbon Oil Duties Act 1979;
(c) paragraph 16(1)(b) of Schedule 3 to the [1981 c. 63.] Betting and Gaming Duties Act 1981; and
(d) paragraph 8(1)(b) of Schedule 1 to the [1983 c. 53.] Car Tax Act 1983,
for the words "2 years" or "two years" there shall be substituted the words "7 years" or "seven years", as appropriate.
(2) For subsection (2) of section 68A of the Customs and Excise Management Act 1979 there shall be substituted—
"(2) A person guilty of an offence under this section shall be liable—
(a) on summary conviction, to a penalty of the prescribed sum or of three times the value of the goods, whichever is the greater, or to imprisonment for a term not exceeding 6 months, or to both; or
(b) on conviction on indictment, to a penalty of any amount, or to imprisonment for a term not exceeding 7 years, or to both."
(3) For subsections (1) and (2) of section 136 of that Act there shall be substituted—
"(1) If any person, with intent to defraud Her Majesty, obtains or attempts to obtain, or does anything whereby there might be obtained by any person, any amount by way of drawback, allowance, remission or repayment of, or any rebate from, any duty in respect of any goods which—
(a) is not lawfully payable or allowable in respect thereof; or
(b) is greater than the amount so payable or allowable,
he shall be guilty of an offence under this subsection.
(1A) If any person, without such intent as is mentioned in subsection (1) above, does any of the things there mentioned, he shall be guilty of an offence under this subsection.
(2) A person guilty of an offence under subsection (1) above shall be liable—
(a) on summary conviction, to a penalty of the prescribed sum or of three times the value of the goods, whichever is the greater, or to imprisonment for a term not exceeding 6 months, or to both; or
(b) on conviction on indictment, to a penalty of any amount, or to imprisonment for a term not exceeding 7 years, or to both;
and a person guilty of an offence under subsection (1A) above shall be liable on summary conviction to a penalty of level 3 on the standard scale or three times the amount which was or might have been improperly obtained or allowed, whichever is the greater.";
and in subsection (3) of that section, after the words "subsection (1)" there shall be inserted the words "or (1A)". (4) Paragraph 13 of Schedule 1 and paragraph 7 of Schedule 2 to the [1981 c. 63.] Betting and Gaming Duties Act 1981 shall each be amended as follows—
(a) in sub-paragraph (3), in paragraph (a), the words from "or, with intent" to "material particular" shall cease to have effect;
(b) after that paragraph there shall be inserted—
"(aa) in that connection, with intent to deceive, produces or makes use of any book, account, record, return or other document which is false in a material particular, or";
(c) in paragraph (ii) of that sub-paragraph, for the words "two years" there shall be substituted the words "the maximum term"; and
(d) after that sub-paragraph there shall be inserted—
"(4) In sub-paragraph (3) above, "the maximum term" means two years in the case of an offence under paragraph (a) and seven years in the case of an offence under paragraph (aa) or (b) of that sub-paragraph."
(5) Paragraph 8 of Schedule 1 to the [1983 c. 53.] Car Tax Act 1983 shall be amended as follows—
(a) in paragraph (ii) of sub-paragraph (2), for the words "two years" there shall be substituted the words "the maximum term"; and
(b) after that sub-paragraph there shall be inserted—
"(2A) In sub-paragraph (2) above, "the maximum term" means seven years in the case of an offence under paragraph (a) or (c) and two years in the case of an offence under paragraph (b) of that sub-paragraph."
(6) This section has effect in relation to offences committed after the passing of this Act.
Finance Act 1988 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).
Check Your Order Status
£ 32.00
This is our most popular package with UK residents, and includes: -
The registration of your company from scratch using your own registered office address, and appoint your own candidates to the roles of director, secretary (if needed), and shareholder;
The provision of a registered office address for 12 months is also included in the price of this package (our registered office address service is charged annually);
