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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 Act 1988 | | 1988 c. 39 - continued | | Part III - Income Tax, Corporation Tax and Capital Gains Tax - continued |
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Chapter III | | | Capital Allowances | Buildings or structures sold by exempt bodies.
| 90.(1) At the end of section 4 of the [1968 c. 3.] Capital Allowances Act 1968 (writing off of expenditure and meaning of "residue of expenditure") there shall be added| | "(13) In subsection (12) above references to the Crown shall include references to any person who is not within the charge to tax in the United Kingdom." | (2) This section shall have effect in relation to sales occurring after the passing of this Act.
| Sales without change of control.
| 91.(1) Paragraph 4 of Schedule 7 to the Capital Allowances Act 1968 (sales without change of control) shall be amended as follows.
(2) -paragraph (1), for the words "by notice in writing to the inspector so elect" there shall be substituted the words "so elect by notice in writing given to the inspector not later than two years after the sale".
(3) After sub-paragraph (3) there shall be inserted| | "(4) All such assessments and adjustments of assessments shall be made as may be necessary to give effect to this paragraph." | (4) This section shall have effect in relation to sales occurring after the passing of this Act.
| Successions to trades between connected persons.
| 92.(1) For paragraph 13 of Schedule 8 to the [1971 c. 68.] Finance Act 1971 (successions to trades between connected persons) there shall be substituted | "13.(1) Where at any time a person ("the successor") succeeds to a trade which was until that time carried on by another person ("the predecessor") and(a) the two persons are connected with each other; (b) each of them is within the charge to tax in the United Kingdom on the profits of the trade; and (c) the successor is not a dual resident investing company within the meaning of section 404 of the Taxes Act, those persons may, by notice in writing given to the inspector not later than two years after that time, elect that the provisions of this paragraph shall have effect.
(2) In the event of such an election(a) for the purpose of making allowances and charges under Chapter I of Part III of this Act, any machinery or plant which
(i) immediately before the time when the succession took place, belonged to the predecessor and was in use for the purposes of the trade; and
(ii) immediately after that time, belonged to the successor and was in use for those purposes, shall (notwithstanding any actual sale or transfer) be treated as sold by the predecessor to the successor at a price which does not give rise to a balancing allowance or a balancing charge; and (b) allowances and charges shall be made under that Chapter to or on the successor as if everything done to or by the predecessor had been done to or by the successor. (3) The predecessor and the successor are connected with each other for the purposes of this paragraph if(a) they are connected with each other within the meaning of section 839 of the Taxes Act; (b) one of them is a partnership and the other has the right to a share in that partnership; (c) one of them is a body corporate and the other has control over that body; (d) both of them are partnerships and some other person has the right to a share in both of them; or (e) both of them are bodies corporate, or one of them is a partnership and the other is a body corporate, and (in either case) some other person has control over both of them. (4) All such assessments and adjustments of assessments shall be made as may be necessary to give effect to this paragraph.
(5) In this paragraph "control" shall be construed in accordance with section 840 of the Taxes Act; and any reference to the right to a share in a partnership is a reference to the right to a share of the assets or income of that partnership." | (2) This section shall have effect in relation to successions occurring after the passing of this Act.
| Safety at sports grounds.
| 93.(1) In the following enactments, namely(a) section 49 of the [1975 c. 45.] Finance (No. 2) Act 1975 (expenditure on safety at sports stadia); and (b) section 40 of the [1978 c. 42.] Finance Act 1978 (capital allowances: sports stadia), for the words "sports stadium" and the word "stadium", in each place where they occur, there shall be substituted the words "sports ground".
(2) This section shall be deemed to have come into force on 1st January 1988.
| Quarantine premises.
| 94.(1) Section 71 of the [1980 c. 48.] Finance Act 1980 (expenditure in altering or replacing quarantine premises) shall cease to have effect.
(2) Nothing in subsection (1) above applies to expenditure which(a) is incurred after 15th March 1988 and before 1st April 1989; and (b) consists of the payment of sums under a contract entered into on or before 15th March 1988 by the person incurring the expenditure. (3) Subsection (1) above shall be deemed to have come into force on 16th March 1988.
| Dwelling-houses let on assured tenancies.
| 95.(1) In relation to any capital expenditure which(a) is expenditure on the construction of a building which is or includes a dwelling-house; and (b) is expenditure to which subsection (2) or (3) below applies, Schedule 12 to the [1982 c. 39.] Finance Act 1982 (capital allowances for dwelling-houses let on assured tenancies) shall have effect, after the coming into force of Part I of the Housing Act 1988, as if any qualifying tenancy of the dwelling-house were an assured tenancy within the meaning of section 56 of the [1980 c. 51.] Housing Act 1980.
(2) This subsection applies to any expenditure incurred(a) by an approved company; or (b) by a person who sells or sold the relevant interest in the building to an approved company before any of the dwelling-houses comprised in it are or were used, if it is incurred before 15th March 1988 or consists of the payment of sums under a contract entered into before that date.
(3) This subsection applies to any expenditure incurred before 1st April 1992 by an approved company which, before 15th March 1988, bought or contracted to buy the relevant interest in the building.
(4) For the purposes of this section, "qualifying tenancy" means a tenancy (whenever created) which for the purposes of the Housing Act 1988 is an assured tenancy other than an assured shorthold tenancy.
(5) In this section(a) "approved company" means a company which was on 15th March 1988 an approved body; and (b) expressions which are also used in Schedule 12 to the Finance Act 1982 have the same meanings as in that Schedule; and paragraph 10 of that Schedule (expenditure on repair of buildings) shall apply for the purposes of this section as it applies for the purposes of that Schedule.
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 | © Crown copyright 1988 | Prepared 20th September 2000 |
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).
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