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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 |
| | back to previous page | | SCHEDULE 7 | | Section 66. | | | | Exceptions to Rule in Section 66(1) | | | Cases where rule does not apply | | 1.(1) Subject to sub-paragraphs (2) and (3) below, section 66(1) of this Act shall not apply in relation to a company which, immediately before the commencement date(a) was carrying on business; (b) was not resident in the United Kingdom, having ceased to be so resident in pursuance of a Treasury consent; and (c) where that consent was a general consent, was taxable in a territory outside the United Kingdom. (2) If at any time on or after the commencement date a company falling within sub-paragraph (1) above(a) ceases to carry on business; or (b) where the Treasury consent there referred to was a general consent, ceases to be taxable in a territory outside the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time or after the end of the transitional period, whichever is the later.
(3) If at any time on or after the commencement date a company falling within sub-paragraph (1) above becomes resident in the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time.
| | 2.(1) Subject to sub-paragraphs (2) and (3) below, section 66(1) of this Act shall not apply in relation to a company which(a) carried on business at any time before the commencement date; (b) ceases to be resident in the United Kingdom at any time on or after that date in pursuance of a Treasury consent; and (c) is carrying on business immediately after that time. (2) If at any time after it ceases to be resident in the United Kingdom a company falling within sub-paragraph (1) above ceases to carry on business, section 66(1) of this Act shall apply in relation to the company after that time or after the end of the transitional period, whichever is the later.
(3) If at any time after it ceases to be resident in the United Kingdom a company falling within sub-paragraph (1) above becomes resident in the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time.
| | | Cases where rule does not apply until end of transitional period | | 3.(1) Subject to sub-paragraph (2) below, in relation to a company which(a) carried on business at any time before the commencement date; (b) was not resident in the United Kingdom immediately before that date; and (c) is not a company falling within paragraph 1(1) above, section 66(1) of this Act shall not apply until after the end of the transitional period.
(2) If at any time on or after the commencement date a company falling within sub-paragraph (1) above becomes resident in the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time.
| | 4.(1) Subject to sub-paragraph (2) below, in relation to a company which(a) carried on business at any time before the commencement date; (b) ceases to be resident in the United Kingdom at any time on or after that date in pursuance of a Treasury consent; and (c) is not a company falling within paragraph 2(1) above, section 66(1) of this Act shall not apply until after the end of the transitional period.
(2) If at any time after it ceases to be resident in the United Kingdom a company falling within sub-paragraph (1) above becomes resident in the United Kingdom, section 66(1) of this Act shall apply in relation to the company after that time.
| | | Supplemental | | 5.(1) In this Schedule"the commencement date" means the date of the coming into force of this Schedule; "general consent" means a consent under any section to which sub-paragraph (2) below applies given generally within the meaning of subsection (4) of that section; "taxable" means liable to tax on income by reason of domicile, residence or place of management; "the transitional period" means the period of five years beginning with the commencement date; "Treasury consent" means a consent under any section to which sub-paragraph (2) below applies given for the purposes of subsection (1)(a) of that section. (2) This sub-paragraph applies to the following sections (restrictions on the migration etc. of companies), namelysection 765 of the Taxes Act 1988;
section 482 of the Taxes Act 1970;
section 468 of the [1952 c. 10.] Income Tax Act 1952; and
section 36 of the [1951 c. 43.] Finance Act 1951.
(3) Any question which arises under any of the provisions of this Schedule shall be determined without regard to the provision made by section 66(1) of this Act.
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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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