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  1. E-quick package
  2. Economy package
  3. Premier package
  4. Deluxe package
If you are thinking about setting up a business, and need it done quickly and easily with no additional requirements, then this package is the perfect choice.
This package is a cheap and efficient way to begin business, and includes the provision of a registered office address in London for the duration of one year.
This package is a not expensive and efficient way to begin business, and includes the provision of a registered office address in London and a nominee secretary for the duration of one year.
This package is one of the most cost effective and the efficient way to start a UK company, which includes a registered office address in London, a nominee secretary, and a nominee director for the duration of one year.
E-quick*
£32.00
Economy
£82.00
Premier
£207.00
Deluxe
£557.00
Private company limited by shares
No Annual Charges
Private company limited by shares
Annual Fee From: £50.00
Private company limited by shares
Annual Fee From: £175.00
Private company limited by shares
Annual Fee From: £525.00
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Further information

Private Company Limited by Shares:

  • 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.

  • Coddan offers company formation, ready-made company registration for UK limited companies. We offer electronic filing enterprises & registering corporation services. In addition to business registrations, we offer trademark registration, shareholder agreements, toll-free numbers, telephone answering, virtual office and company searches for UK limited companies. You are an accountant for whom company establishment is a frequent activity or an individual ordering your first company registrations. Start a company by incorporating or forming a LTD, PLC or LLP at Coddan. Learn about incorporation & how to incorporate your business online: register a business name, company registration, business registration numbers, company house web filing - business name registration check. Whether you start-up online, register London business or form a corporation Scotland, we can help you understand the business start-up process for filing LTD United Kingdom.
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    Incorporate or form an LLC – online: company registrar United Kingdom, limited company formations & corporation registration, electronically LLC online, very easy and informative. In addition to private companies Great Britain, we offer trademark registration, shareholder agreements, 0870 numbers, telephone answering, virtual office and company searches for English companies. Information to help start, grow or manage a small business. If you are starting a business Edinburgh or starting own business Northern Ireland, read our starting business Republic of Ireland guide. Home business and small business training and ideas site to help you start Belfast, grow, and expand a home-based business or search for the work at home job right. An outline of the general steps for incorporation in Great Britain, explaining how to incorporate your business Dublin, from choosing where to incorporate your business. UK ready-made company formation services and company registrations online, our offices keep a stock of ready made companies, and would be happy to supply details on request. We offer offshore ready-made companies in different jurisdictions, readymade offshore companies also called as offshore shelf companies, shelf off-shore companies for sale: starting applying for a business name, business name registration partnership, grants for starting a business and starting a business from home.
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    Open company same-day and offshore setting-up services using our online starting-up service for Limited Liability Company Offshore companies. Start enjoying the tax benefits and personal liability protection that forming a corporation or Limited Liability Company (LLC) provides. Offshore company incorporation, offshore checking and offshore saving accounts, offshore time deposits, offshore mutual funds, offshore money market accounts and offshore asset protection provided by Coddan. Company formations, limited company formations, electronic incorporations, company formation agents, paperless company registrar, electronic companies filing, United Kingdom limited company, setting corporation Ireland, business incorporation Scotland, open company England, London company registration, electronic companies filing, British companies registrars, business consultants, company law, public limited company, plc, international companies, ltd, inc, limited liability, enterprise, organization, organization, tax, taxation, England, firm, partnership, trade, profession, contractors, business, private limited company, limited by shares, ready-made companies, readymade company, aged company, off the shelf company, shelf companies list.
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    Specializes in company registration and secretarial services. Provides list of shelf company, services and cost quotation, business name registration, company house direct, starting a business - sole trader business registration.

    This is actually a pretty good reason to incorporate in Delaware or Nevada. In fact, you could be a foreigner from Lebanon, never setting foot on American soil, form a Delaware corporation and no one would know who you are! However, many states will require the owners and/or officers and/or directors information while operating in that state (as a foreign corp.). Besides, how many small businesses require anonymity? Incorporate, incorporation, incorporating, incorporation services, incorporating services, incorporate Wyoming business online, incorporating Oregon business, New York LLC formation, Louisiana limited liability corporation, Texas articles of incorporation, Florida company incorporation, California non profit corporation, corporate name search offshore, BVI corporate name availability, Seychelles corporate name registration.
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    Learn about incorporation services UK and incorporate London online: starting your own business, business ideas, starting a business on ebay or buying a business with legal requirements for starting a business. Online England company formations, online company London W1 formation, Glasgow formation agent, Liverpool formations agent, Scottish companies house, forming a company Scotland, starting a business Wales, form a limited company Oxford, United Kingdom business registration agents, online Great Britain company registration. E-Business, small business, business structures defined: the limited liability company business structures defined: the limited liability company IRS treatment of the one-member LLC. An LLC with only one member / owner is automatically considered to be a sole proprietorship unless an election is made to be treated as a corporation. Thus, the sole member of an LLC will file (Form 1040), (U.S. Individual Income Tax Return), ideas for starting a business, grants for starting a business, starting a business from home, starting your own business - business ideas, starting a business on ebay, buying a business: legal requirements for starting a business, ideas for starting a business.
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    A business may be conducted by a company as an entity in its own right and comes into existence by incorporation under companies legislation which also regulates the running of the company and sets out the duties of its officers. In recent years trading trusts have been commonly used as the structure for carrying on a business with their main objective of tax minimization. A trust requires a trustee to act on behalf of a trust and it has been preferable to have a company newly incorporated to act as the trustee as it is believed that this limits the liability of the trust to the paid-up capital of the Trustee Company. A trust is formed by a gift or settlement being made to the trustee on behalf of the, as yet unformed, trust. A solicitor draws up a Trust Deed setting out the powers and formalizing the administration of the trust. The trust has beneficiaries rather than shareholders as in a company, who are entitled to distributions of capital and/or income and these distributions, are controlled by the trustee.
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    The distribution made to beneficiaries are subject to income tax as part of their personal income and are liable for provisional tax on these distributions. Citizens and residents of other countries may incorporate in the United Kingdom through the standard incorporation procedures set forth by each state. Provides UK company formations, trademark registration, registered office facilities and company secretary services. Professional company formation, register your company online, we may establish new business at one day. An online guide to starting up and expanding your business.
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    This is one of our most popular packages with worldwide customers, and includes: -

  • EQUICK-4 zvezdy :-****
  • Pomeniat' sro4no. Eto economy4 zvezdy. -

  • ECooonooomyy-4 zvezdy :-****
  • Premier blablabla 4 zvezdy. -

  • premier-4 zvezdy;)
  • Our Deluxe 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 the anonymity of the real owner, 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 send by post to you upon formation of your private limited 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.
  • 2 zdezda deluxe. -

  • 2 zdezda deluxe)
  • 3 zdezda deluxe. -

  • 3 zdezda deluxe
  • 4 zdezda deluxe -

  • 4444444
  • This is our most popular package with the 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 e-mailed to you upon formation of your company: -

  • A certificate of incorporation (requires PDF file reader);
  • The memorandum & articles of association (requires PDF file reader);
  • The first meeting of the board of directors (requires PDF file reader);
  • Share certificates and a company register (requires PDF file reader).
  • *If you do not have an a valid address in the UK, which can be used as the registered office address for your company, please check our Economy package. The non-UK address cannot be acceptable as the office address for the UK company.

    This is our most popular package with the 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 e-mailed to you upon formation of your company: -

  • A certificate of incorporation (requires PDF file reader);
  • The memorandum & articles of association (requires PDF file reader);
  • The first meeting of the board of directors (requires PDF file reader);
  • Share certificates and a company register (requires PDF file reader).
  • This is another one very popular package with worldwide customers, and includes: -

  • The formation of a company limited by guarantee usually takes as little as five to seven working days from the time that your application and payment are received by Coddan;
  • The incorporation your BVI company limited by guarantee from scratch using our registered agent & registered office address, and appoint your own candidate to the role of a members;
  • The government and initiation fees for incorporation are included in the price of this package;
  • The search for a company name availability, confirmation, and reservation;
  • An original certificate of incorporation
  • A hard bound copy of the memorandum & articles of association
  • The preparation and submission of the memorandum and articles of association;
  • A local registered office address and a local registered agent for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
  • The provision of a nominee director for one year is also included in the price of this package (our nominee director service is charged annually);

  • To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.
  • The following hard bound copy of corporate documents, will be posted to you upon formation of your company limited by guarantee: -

  • An original certificate of incorporation;
  • A hard bound copy of the memorandum and articles of association;
  • The minutes of the first meeting of the board of directors;
  • A completed register of directors and members;
  • An elegant printed membership certificates;
  • A pliers seal.
  • The general power of attorney signed by a nominee director (additional fee applies);
  • Pre-signed, undated resignation letter from a nominee director;
  • The agreement for the provision of a nominee service and indemnification of nominee.
  • This is our most popular package with international customers, and includes: -

  • The formation of a company limited by guarantee usually takes as little as five to seven working days from the time that your application and payment are received by Coddan;
  • The registration your BVI company limited by guarantee from scratch using our registered agent & registered office address, and appoint our own candidates to the role of a nominee director and a nominee member;
  • The government and initiation fees for incorporation are included in the price of this package;
  • The search for a company name availability, confirmation, and reservation;
  • The preparation and submission of the memorandum and articles of association;
  • A local registered office address and a local registered agent for one year are included in the price of this package (our registered agent & office address service are charged annually);
  • The provision of a nominee director for 12 months is included in the price of this package (our nominee director service is charged annually);
  • A completed register of directors and members
  • The provision of a nominee member for 12 months is also included in the price of this package (our nominee member service is charged annually);

  • To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.
  • The following hard bound copy of corporate documents, will be posted to you upon formation of your company limited by guarantee: -

  • An original certificate of incorporation;
  • A hard bound copy of the memorandum and articles of association;
  • The minutes of the first meeting of the board of directors;
  • A completed register of directors and members;
  • An elegant printed membership certificates;
  • A pliers seal.
  • Pre-signed, undated letters of resignation from a nominee director and a nominee member;
  • A general power of attorney signed by a nominee director (additional fee applies);
  • A declaration of trust from a nominee member;
  • An indemnity letter for the power of attorney;
  • A nominee agreement which provides for the indemnification of the nominees.
  • This is another one of our most popular packages 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 a local office in the UK;

    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 UK corporate legislation), because this package includes thye 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 the corporate documents, will be send by post to you, upon formation of your private limited 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.
  • This is another one very popular package with worldwide customers, and includes: -

  • The formation of a limited partnership usually takes as little as five to seven working days from the time that your application and payment are received by Coddan;
  • The incorporation your BVI offshore limited partnership from scratch using our registered agent & registered office address, and appoint your own candidate to the role of a general partner;
  • The government and initiation fees for registration are included in the price of this package;
  • The search for a limited partnership name availability, confirmation, and reservation;
  • The preparation and submission of the partnership agreement;
  • A local registered office address and a local registered agent for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
  • The provision of a nominee limited partner for one year is also included in the price of this package (our nominee limited partner service is charged annually);

  • To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.
  • The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -

  • An original certificate of incorporation;
  • A hard bound copy of the partnership agreement;
  • The minutes of the first meeting of the board of partners;
  • A completed register of partners;
  • An elegant printed membership certificates;
  • A pliers seal;
  • The general power of attorney signed by a nominee limited partner (additional fee applies);
  • Pre-signed, undated resignation letter from a nominee limited partner;
  • The agreement for the provision of a nominee service and indemnification of nominee.
  • This is our most popular package with international customers, and includes: -

    This is our most popular package with international customers, and includes: -

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    Organization Structures Business, Incorporate Your Business Online, Incorporation Services at Affordable Prices, Learn About Incorporating and How to IncorporateSetting up a Business in United Kingdom, Incorporatin Business, Forming an LLC, Incorporate online in Delaware, Nevada, London, Florida, New YorkCompany UK Formation, Online UK Company Formation Agents, Plus a Wide Range of Ready-Made Companies Available and Vintage CompaniesWhat are the Advantages of Incorporation? You Can Now Form Your UK Limited Company Online Using Our Company Registration AgentHow Do I Get Started With the Registration Process? Company Formation & Registration of Offshore Companies Incorporation ServiceUK Limited Company Formation and Offshore Companies Incorporation Service, We Provide Online New Company Formations and Offshore Readymade CorporationSetting up a Business in United Kingdom, Cheap IBC Incorporation Offshore Anonymous Banking Internet Offshore Bank AccountUK Company Formation, Online Company Registration Agent Offering Same-Day Company Formation, Business BankingServices Include Companies Formation and Administration, Trademark, Intellectual Property, Company Search ServicesAn On-Line Resource to Setting-Up a Private Limited Company Without Hiring a Solicitor or Formation AgenStarting a Business Information, Advice and Information for Starting a New Business in the UK Including UK Business Start-UpHelp in Starting Up a Business Up-to-Date Advice and Strategies, Start Your Own Business and Gain Your Independence!Incorporate a Business in Any State, London, Glasgow, Form an LLC, Conduct a Trademark Search OnlineSmall Business Resources for Starting a Small Business, Small Business Marketing
    Financial Services and Markets Act 2000
    2000 Chapter c.8 - continued

    back to previous text
     
     PART XXIII
     PUBLIC RECORD, DISCLOSURE OF INFORMATION AND CO-OPERATION
     
    The public record
    The record of authorised persons etc.    347. - (1) The Authority must maintain a record of every-
     
     
      (a) person who appears to the Authority to be an authorised person;
     
      (b) authorised unit trust scheme;
     
      (c) authorised open-ended investment company;
     
      (d) recognised scheme;
     
      (e) recognised investment exchange;
     
      (f) recognised clearing house;
     
      (g) individual to whom a prohibition order relates;
     
      (h) approved person; and
     
      (i) person falling within such other class (if any) as the Authority may determine.
         (2) The record must include such information as the Authority considers appropriate and at least the following information-
     
     
      (a) in the case of a person appearing to the Authority to be an authorised person-
     
        (i) information as to the services which he holds himself out as able to provide; and
     
        (ii) any address of which the Authority is aware at which a notice or other document may be served on him;
     
      (b) in the case of an authorised unit trust scheme, the name and address of the manager and trustee of the scheme;
     
      (c) in the case of an authorised open-ended investment company, the name and address of-
     
        (i) the company;
     
        (ii) if it has only one director, the director; and
     
        (iii) its depositary (if any);
     
      (d) in the case of a recognised scheme, the name and address of-
     
        (i) the operator of the scheme; and
     
        (ii) any representative of the operator in the United Kingdom;
     
      (e) in the case of a recognised investment exchange or recognised clearing house, the name and address of the exchange or clearing house;
     
      (f) in the case of an individual to whom a prohibition order relates-
     
        (i) his name; and
     
        (ii) details of the effect of the order;
     
      (g) in the case of a person who is an approved person-
     
        (i) his name;
     
        (ii) the name of the relevant authorised person;
     
        (iii) if the approved person is performing a controlled function under an arrangement with a contractor of the relevant authorised person, the name of the contractor.
         (3) If it appears to the Authority that a person in respect of whom there is an entry in the record as a result of one of the paragraphs of subsection (1) has ceased to be a person to whom that paragraph applies, the Authority may remove the entry from the record.
     
         (4) But if the Authority decides not to remove the entry, it must-
     
     
      (a) make a note to that effect in the record; and
     
      (b) state why it considers that the person has ceased to be a person to whom that paragraph applies.
         (5) The Authority must-
     
     
      (a) make the record available for inspection by members of the public in a legible form at such times and in such place or places as the Authority may determine; and
     
      (b) provide a certified copy of the record, or any part of it, to any person who asks for it-
     
        (i) on payment of the fee (if any) fixed by the Authority; and
     
        (ii) in a form (either written or electronic) in which it is legible to the person asking for it.
         (6) The Authority may-
     
     
      (a) publish the record, or any part of it;
     
      (b) exploit commercially the information contained in the record, or any part of that information.
         (7) "Authorised unit trust scheme", "authorised open-ended investment company" and "recognised scheme" have the same meaning as in Part XVII, and associated expressions are to be read accordingly.
     
         (8) "Approved person" means a person in relation to whom the Authority has given its approval under section 59 and "controlled function" and "arrangement" have the same meaning as in that section.
     
         (9) "Relevant authorised person" has the meaning given in section 66.
     
     
    Disclosure of information
    Restrictions on disclosure of confidential information by Authority etc.    348. - (1) Confidential information must not be disclosed by a primary recipient, or by any person obtaining the information directly or indirectly from a primary recipient, without the consent of-
     
     
      (a) the person from whom the primary recipient obtained the information; and
     
      (b) if different, the person to whom it relates.
         (2) In this Part "confidential information" means information which-
     
     
      (a) relates to the business or other affairs of any person;
     
      (b) was received by the primary recipient for the purposes of, or in the discharge of, any functions of the Authority, the competent authority for the purposes of Part VI or the Secretary of State under any provision made by or under this Act; and
     
      (c) is not prevented from being confidential information by subsection (4).
         (3) It is immaterial for the purposes of subsection (2) whether or not the information was received-
     
     
      (a) by virtue of a requirement to provide it imposed by or under this Act;
     
      (b) for other purposes as well as purposes mentioned in that subsection.
         (4) Information is not confidential information if-
     
     
      (a) it has been made available to the public by virtue of being disclosed in any circumstances in which, or for any purposes for which, disclosure is not precluded by this section; or
     
      (b) it is in the form of a summary or collection of information so framed that it is not possible to ascertain from it information relating to any particular person.
         (5) Each of the following is a primary recipient for the purposes of this Part-
     
     
      (a) the Authority;
     
      (b) any person exercising functions conferred by Part VI on the competent authority;
     
      (c) the Secretary of State;
     
      (d) a person appointed to make a report under section 166;
     
      (e) any person who is or has been employed by a person mentioned in paragraphs (a) to (c);
     
      (f) any auditor or expert instructed by a person mentioned in those paragraphs.
         (6) In subsection (5)(f) "expert" includes-
     
     
      (a) a competent person appointed by the competent authority under section 97;
     
      (b) a competent person appointed by the Authority or the Secretary of State to conduct an investigation under Part XI;
     
      (c) any body or person appointed under paragraph 6 of Schedule 1 to perform a function on behalf of the Authority.
    Exceptions from section 348.    349. - (1) Section 348 does not prevent a disclosure of confidential information which is-
     
     
      (a) made for the purpose of facilitating the carrying out of a public function; and
     
      (b) permitted by regulations made by the Treasury under this section.
         (2) The regulations may, in particular, make provision permitting the disclosure of confidential information or of confidential information of a prescribed kind-
     
     
      (a) by prescribed recipients, or recipients of a prescribed description, to any person for the purpose of enabling or assisting the recipient to discharge prescribed public functions;
     
      (b) by prescribed recipients, or recipients of a prescribed description, to prescribed persons, or persons of prescribed descriptions, for the purpose of enabling or assisting those persons to discharge prescribed public functions;
     
      (c) by the Authority to the Treasury or the Secretary of State for any purpose;
     
      (d) by any recipient if the disclosure is with a view to or in connection with prescribed proceedings.
         (3) The regulations may also include provision-
     
     
      (a) making any permission to disclose confidential information subject to conditions (which may relate to the obtaining of consents or any other matter);
     
      (b) restricting the uses to which confidential information disclosed under the regulations may be put.
         (4) In relation to confidential information, each of the following is a "recipient"-
     
     
      (a) a primary recipient;
     
      (b) a person obtaining the information directly or indirectly from a primary recipient.
         (5) "Public functions" includes-
     
     
      (a) functions conferred by or in accordance with any provision contained in any enactment or subordinate legislation;
     
      (b) functions conferred by or in accordance with any provision contained in the Community Treaties or any Community instrument;
     
      (c) similar functions conferred on persons by or under provisions having effect as part of the law of a country or territory outside the United Kingdom;
     
      (d) functions exercisable in relation to prescribed disciplinary proceedings.
         (6) "Enactment" includes-
     
     
      (a) an Act of the Scottish Parliament;
     
      (b) Northern Ireland legislation.
         (7) "Subordinate legislation" has the meaning given in the Interpretation Act 1978 and also includes an instrument made under an Act of the Scottish Parliament or under Northern Ireland legislation.
     
    Disclosure of information by the Inland Revenue.    350. - (1) No obligation as to secrecy imposed by statute or otherwise prevents the disclosure of Revenue information to-
     
     
      (a) the Authority, or
     
      (b) the Secretary of State,
     if the disclosure is made for the purpose of assisting in the investigation of a matter under section 168 or with a view to the appointment of an investigator under that section.
     
         (2) A disclosure may only be made under subsection (1) by or under the authority of the Commissioners of Inland Revenue.
     
         (3) Section 348 does not apply to Revenue information.
     
         (4) Information obtained as a result of subsection (1) may not be used except-
     
     
      (a) for the purpose of deciding whether to appoint an investigator under section 168;
     
      (b) in the conduct of an investigation under section 168;
     
      (c) in criminal proceedings brought against a person under this Act or the Criminal Justice Act 1993 as a result of an investigation under section 168;
     
      (d) for the purpose of taking action under this Act against a person as a result of an investigation under section 168;
     
      (e) in proceedings before the Tribunal as a result of action taken as mentioned in paragraph (d).
         (5) Information obtained as a result of subsection (1) may not be disclosed except-
     
     
      (a) by or under the authority of the Commissioners of Inland Revenue;
     
      (b) in proceedings mentioned in subsection (4)(c) or (e) or with a view to their institution.
         (6) Subsection (5) does not prevent the disclosure of information obtained as a result of subsection (1) to a person to whom it could have been disclosed under subsection (1).
     
         (7) "Revenue information" means information held by a person which it would be an offence under section 182 of the Finance Act 1989 for him to disclose.
     
    Competition information.    351. - (1) A person is guilty of an offence if he has competition information (whether or not it was obtained by him) and improperly discloses it-
     
     
      (a) if it relates to the affairs of an individual, during that individual's lifetime;
     
      (b) if it relates to any particular business of a body, while that business continues to be carried on.
         (2) For the purposes of subsection (1) a disclosure is improper unless it is made-
     
     
      (a) with the consent of the person from whom it was obtained and, if different-
     
        (i) the individual to whose affairs the information relates, or
     
        (ii) the person for the time being carrying on the business to which the information relates;
     
      (b) to facilitate the performance by a person mentioned in the first column of the table set out in Part I of Schedule 19 of a function mentioned in the second column of that table;
     
      (c) in pursuance of a Community obligation;
     
      (d) for the purpose of criminal proceedings in any part of the United Kingdom;
     
      (e) in connection with the investigation of any criminal offence triable in the United Kingdom or any part of the United Kingdom;
     
      (f) with a view to the institution of, or otherwise for the purposes of, civil proceedings brought under or in connection with-
     
        (i) a competition provision; or
     
        (ii) a specified enactment.
         (3) A person guilty of an offence under this section is liable-
     
     
      (a) on summary conviction, to a fine not exceeding the statutory maximum;
     
      (b) on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or to both.
         (4) Section 348 does not apply to competition information.
     
         (5) "Competition information" means information which-
     
     
      (a) relates to the affairs of a particular individual or body;
     
      (b) is not otherwise in the public domain; and
     
      (c) was obtained under or by virtue of a competition provision.
         (6) "Competition provision" means any provision of-
     
     
      (a) an order made under section 95;
     
      (b) Chapter III of Part X; or
     
      (c) Chapter II of Part XVIII.
         (7) "Specified enactment" means an enactment specified in Part II of Schedule 19.
     
    Offences.    352. - (1) A person who discloses information in contravention of section 348 or 350(5) is guilty of an offence.
     
         (2) A person guilty of an offence under subsection (1) is liable-
     
     
      (a) on summary conviction, to imprisonment for a term not exceeding three months or a fine not exceeding the statutory maximum, or both;
     
      (b) on conviction on indictment, to imprisonment for a term not exceeding two years or a fine, or both.
         (3) A person is guilty of an offence if, in contravention of any provision of regulations made under section 349, he uses information which has been disclosed to him in accordance with the regulations.
     
         (4) A person is guilty of an offence if, in contravention of subsection (4) of section 350, he uses information which has been disclosed to him in accordance with that section.
     
         (5) A person guilty of an offence under subsection (3) or (4) is liable on summary conviction to imprisonment for a term not exceeding three months or a fine not exceeding level 5 on the standard scale, or both.
     
         (6) In proceedings for an offence under this section it is a defence for the accused to prove-
     
     
      (a) that he did not know and had no reason to suspect that the information was confidential information or that it had been disclosed in accordance with section 350;
     
      (b) that he took all reasonable precautions and exercised all due diligence to avoid committing the offence.
    Removal of other restrictions on disclosure.    353. - (1) The Treasury may make regulations permitting the disclosure of any information, or of information of a prescribed kind-
     
     
      (a) by prescribed persons for the purpose of assisting or enabling them to discharge prescribed functions under this Act or any rules or regulations made under it;
     
      (b) by prescribed persons, or persons of a prescribed description, to the Authority for the purpose of assisting or enabling the Authority to discharge prescribed functions.
         (2) Regulations under this section may not make any provision in relation to the disclosure of confidential information by primary recipients or by any person obtaining confidential information directly or indirectly from a primary recipient.
     
         (3) If a person discloses any information as permitted by regulations under this section the disclosure is not to be taken as a contravention of any duty to which he is subject.
     
     
    Co-operation
    Authority's duty to co-operate with others.    354. - (1) The Authority must take such steps as it considers appropriate to co-operate with other persons (whether in the United Kingdom or elsewhere) who have functions-
     
     
      (a) similar to those of the Authority; or
     
      (b) in relation to the prevention or detection of financial crime.
         (2) Co-operation may include the sharing of information which the Authority is not prevented from disclosing.
     
         (3) "Financial crime" has the same meaning as in section 6.
     
      
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