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BVI Offshore Company is a Perfect Offshore Tool for Asset Protection. Incorporation and Ongoing Administrative Costs
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Voluntary Striking-Off and Dissolution. Who Can Apply to Have a Company Struck Off The Register?
Restoration of Dissolved Companies. Restoration of a Company to the Register
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Nominee Company Secretary It is a Legal Obligation for Every Limited Company to Have a Company Secretary
Advice Starting Business in the UK. Business Registration in England for Entrepreneurs and New Businesses
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Northern Irish Company Formation, Irish Companies Registration Office, Limited Liability Partnership Registration
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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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(click here for other packages)
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| Finance Act 1988 | | 1988 c. 39 - continued |
| | back to previous page | | |
SCHEDULES:
| | SCHEDULE 1 | | Section 1. | | | | Alcoholic Liquor Duties | | |
Part I | | | Table of Rates of Duty on Wine and Made-Wine | | |
| Description of wine or made-wine | Rates of duty per hectolitre |
|---|
| | £ | | Wine or made-wine of a strength not exceeding 15 per cent. and not being sparkling | 102.40 | | Sparkling wine or sparkling made-wine of a strength not exceeding 15 per cent. | 169.10 | | Wine or made-wine of a strength exceeding 15 per cent. but not exceeding 18 per cent. | 176.60 | | Wine or made-wine of a strength exceeding 18 per cent. but not exceeding 22 per cent. | 203.70 | | Wine or made-wine of a strength exceeding 22 per cent. | 203.70 plus £15.77 for every 1 per cent. or part of 1 per cent. in excess of 22 per cent. |
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Part II | | | Beverages of an Alcoholic Strength not Exceeding 5.5 per cent. | | 1.(1) In subsection (2) of section 1 of the [1979 c. 4.] Alcoholic Liquor Duties Act 1979 (definition of "spirits"), for the words "subsections (7) and (8)" there shall be substituted the words "subsections (7) to (9)".
(2) In subsection (3) of that section (definition of "beer")(a) the words "thereof at any time" shall cease to have effect; and (b) in paragraph (b), for the words from "at any time" to "and to be" there shall be substituted the words "is found to be". (3) In subsection (5) of that section (definition of "made-wine"), after the word "means" there shall be inserted the words "subject to subsection (10) below".
(4) After subsection (8) of that section there shall be inserted| | "(9) Any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent. which is made with spirits and is not of a description specified in an order made by the Treasury by statutory instrument shall be deemed not to be spirits. | | | (10) The Treasury may by order made by statutory instrument provide that any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent. which is made with beer or cider and is of a description specified in the order shall be deemed to be beer or, as the case may be, cider, and not to be made-wine." |
| | 2.(1) In section 45 of that Act (repayment of duty on beer used in the production of other beverages etc.), for the words from "in the production" to the end of paragraph (b) there shall be substituted| | "(a) in the production of any beverage of an alcoholic strength not exceeding 1.2 per cent.; | | | (b) in the production in an excise warehouse of any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent.; or | | | (c) in the manufacture of any such article (other than a beverage) as the Commissioners may determine having regard to its alcoholic content,". | (2) That section shall be renumbered as subsection (1) of that section and after that provision as so renumbered there shall be inserted| | "(2) Any duty chargeable on imported beer of a strength not exceeding 1.2 per cent. may be remitted subject to such conditions as the Commissioners may impose." |
| | 3. After subsection (3) of section 52 of that Act (offences by brewers for sale) there shall be inserted| | "(3A) Nothing in this section shall be taken to preclude the use of beer as an ingredient in the production(a) of made-wine to which section 55A below applies; or (b) of any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent. which is of a description specified in an order made under section 1(10) above." |
| | 4. After subsection (4) of section 54 of that Act (wine: charge of excise duty) there shall be inserted| | "(4A) A person who, on any premises, produces wine to which section 55A below applies by rendering it sparkling, need not on that account hold an excise licence under subsection (2) above in respect of those premises." |
| | 5.(1) After subsection (4) of section 55 of that Act (made-wine: charge of excise duty), there shall be inserted| | "(4A) A person who, on any premises, produces made-wine to which section 55A below applies by rendering it sparkling, need not on that account hold an excise licence under subsection (2) above in respect of those premises." | (2) In subsection (5) of that section, for the words "render any made-wine sparkling" there shall be substituted the words "render sparkling any made-wine other than made-wine to which section 55A below applies".
| | 6. After section 55 of that Act there shall be inserted"Wine and made-wine of a strength not exceeding 5.5 per cent.
| 55A.(1) This section applies to wine and made-wine of a strength exceeding 1.2 per cent. but not exceeding 5.5 per cent.
(2) The Commissioners may by regulations provide that, except in such cases and subject to such conditions as may be specified by or under the regulations, no wine or made-wine to which this section applies may be fortified at any time(a) after it leaves the entered or approved premises on which it was produced, or (b) in the case of wine or made-wine produced outside the United Kingdom, after it is imported into the United Kingdom, and before it is sold by retail or otherwise supplied for consumption.
(3) Any person who contravenes or fails to comply with any regulation under this section (including any conditions imposed by or under any such regulation) shall be liable on summary conviction to a penalty of level 3 on the standard scale, and the wine or made-wine and all vessels, utensils and materials for fortifying wine or made-wine found in his possession shall be liable to forfeiture." |
| | 7. In section 59 of that Act (rendering imported wine or made-wine sparkling in warehouse), for subsection (1) there shall be substituted| | "(1) Wine or made-wine which(a) is imported or is removed to the United Kingdom from the Isle of Man; and (b) is not wine or made-wine of a strength exceeding 1.2 per cent. but not exceeding 5.5 per cent., shall not be rendered sparkling, whether by aeration, fermentation or any other process, except in warehouse in accordance with warehousing regulations." |
| | 8. After subsection (1) of section 60 of that Act (repayment of duty on imported wine or made-wine used in the production of other beverages etc.) there shall be inserted| | "(1A) Any duty chargeable on imported wine or made-wine of a strength not exceeding 1.2 per cent. may be remitted subject to such conditions as the Commissioners may impose." |
| | 9. Section 63 of that Act (repayment of duty on imported cider used in the production of other beverages etc.) shall be renumbered as subsection (1) of that section and after that provision as so renumbered there shall be inserted| | "(2) Any duty chargeable on imported cider of a strength not exceeding 1.2 per cent. may be remitted subject to such conditions as the Commissioners may impose." |
| | 10. At the end of subsection (1) of section 71 of that Act (penalty for misdescribing liquor as spirits), there shall be added the words "or that the liquor is made with spirits and is a made-wine to which section 55A above applies". | | 11. In section 72 of that Act (offences by wholesaler or retailer of beer), in subsection (3), after the words "for domestic use" there shall be inserted the words "or for use as mentioned in subsection (3A) below" and after that subsection there shall be inserted| | "(3A) The use referred to in subsection (3) above is use as an ingredient in the production(a) of made-wine to which section 55A above applies; or (b) of any beverage of an alcoholic strength exceeding 1.2 per cent. but not exceeding 5.5 per cent. which is of a description specified in an order made under section 1(10) above." |
| | 12. At the end of subsection (1) of section 73 of that Act (penalty for misdescribing substances as beer), there shall be added the words "or that the substance is made with beer and is a made-wine to which section 55A above applies". | | 13. In Schedule 1 to that Act, for the Table of rates of duty there shall be substituted| Description of wine or made-wine | Rates of duty per hectolitre |
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| | £ | | Wine or made-wine of a strength not exceeding 2 per cent. | 10.24 | | Wine or made-wine of a strength exceeding 2 per cent. but not exceeding 3 per cent. | 17.07 | | Wine or made-wine of a strength exceeding 3 per cent. but not exceeding 4 per cent. | 23.89 | | Wine or made-wine of a strength exceeding 4 per cent. but not exceeding 5 per cent. | 30.72 | | Wine or made-wine of a strength exceeding 5 per cent. but not exceeding 5.5 per cent. | 37.55 | | Wine or made-wine of a strength exceeding 5.5 per cent. but not exceeding 15 per cent. and not being sparkling | 102.40 | | Sparkling wine or sparkling made-wine of a strength exceeding 5.5 per cent. but not exceeding 15 per cent. | 169.10 | | Wine or made-wine of a strength exceeding 15 per cent. but not exceeding 18 per cent. | 176.60 | | Wine or made-wine of a strength exceeding 18 per cent. but not exceeding 22 per cent. | 203.70 | | Wine or made-wine of a strength exceeding 22 per cent. | 203.70 plus £15.77 for every 1 per cent. or part of 1 per cent. in excess of 22 per cent. |
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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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