Coddan UK guarantee company formation agent, we help with whether you are a professional non-profit company incorporation agent, starting business online, English charitable corporation formations agent, for whom limited by guarantee company creation is a frequent activity or an individual ordering your first British charitable company registration. We are providing company limited by guarantee set-up. We offer online incorporation London, setting business corporation United Kingdom, starting-up company Ireland, British and English LTD registrations services. Check company establishment costs, Irish company, LTD incorporation Scotland, Scottish, Edinburgh, Glasgow, company organization package. Provides London virtual office, Oxford, Piccadilly, mail-forwarding.
Learn about forming company benefits, incorporating company advantages. Starting limited company UK company incorporator agent. Registering limited company, setting branch office - Coddan provides subsidiary company registrations, United Kingdom companies incorporator, firm law registration, holding company, real-estate, flat management company, incorporate Nevada, Texas, starting a business. Nominee company secretary, nominee director service, shareholders agreement, nominee shareholder. Dublin and Belfast company set-up.
Start your own charitable business England, non-for profit business start up advise, how to start a small UK business, international law firm, lawyers, London based, registering agent, resident agent, how-to incorporate business. Ready-made company, shelf companies, ready-made LTD, aged company for sale, non-UK resident company, and foreign company registrar.
PLC public company creation package, forming Guarantee Company, registering guarantee companies, forming LLP partnership or registering British LLP, setting LLP Scotland. Start a company by incorporating corporation or forming a LTD, PLC or LLP at Coddan. Learn about incorporation & how to establish online business. Whether you incorporate online, open corporation England or form a corporation, we can help you understand the incorporation process for filing. Incorporate or Form an LLC - Online! Company formation United Kingdom, limited company formations & registration, electronically online, business incorporation, companies formation online. In addition to British limited company formation, virtual office London, mail-forwarding, fax-forwarding, business address services and company searches for limited companies.
Information to help start, grow or manage a small business. If you are starting a business or starting own business, nominee director, nominee secretary, rush incorporation. An outline of the general steps for incorporation in Great Britain, explaining how to setting your business, from choosing where to establish your business and how to incorporate.
Guarantee companies are useful for non-profit organizations that require corporate status. This means that its profits are not distributed to its members but are retained to be used for the purposes of the guarantee company. Of course this does not mean that the guarantee company cannot make a profit, as indeed it is almost paramount that it can and does so. Where an organization is likely to enter into contracts it may need the benefit of limited liability to protect its Board of Trustees and its members, who may be involved on a voluntary basis.
The company limited by guarantee is a special type of company available to non-profit making organizations and charities. Instead of buying shares, anyone who wants to be a member signs a form agreeing to pay a sum of money (for example £1.00, £5.00, £10.00) if the company goes into insolvent liquidation (is bankrupt and has to be dissolved). This form is called the guarantee and because members liability is limited to the sum they each guarantee, then the company is said to be limited by guarantee. The guarantee is legally binding while the guarantor remains a member and for one year after he or she ceases to be a member.
A management company by guarantee is a limited company formed for the purpose of management of a Specific Property that has been divided into separate areas.
i.e flats. For example the leaseholders / tenants of the property would form a Management by Guarantee company to pool funds for the maintenance costs of the communal areas of the building or to pool costs for long term projects such as roof repairs. Or for example, the owners of the property may wish to set up a Management by Guarantee for managing the maintenance costs of the property on behalf of the tenants. Any monies leftover would go back into the company to cover any future maintenance costs.
The term dormant applies to a UK limited company that, in legal terms, has no significant accounting transactions during a financial year. It is not the same as a non-trading company, a term that has no legal meaning. No significant accounting transactions means no entries in the company's accounting records.
The amount paid for shares when the company is first formed and a few costs that the company may incur in order to keep the company registered at Companies House do not count as significant accounting transactions. A dormant company will now qualify automatically, provided 10% of members do not request an audit. If the company is a banking or insurance company or an authorized person for the purposes of the Financial Services Act 1986, the dormant company audit exemption provisions do not apply.
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.
This section tells you about the annual return (Forms 363a or 363s) that a company must deliver every year to Companies House. An annual return is a snapshot of general information about a company's directors and secretary, registered office address, shareholders and share capital. If you file the annual return late, or not at all, the company and its director(s) and secretary can be prosecuted.
WHICH COMPANIES MUST SEND AN ANNUAL RETURN TO COMPANIES HOUSE?
Every company must deliver an annual return to Companies House within 28 days of its made-up date. A company's director(s) and secretary are responsible for ensuring that the annual return:
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Coddan is one of the foremost and most economical providers of limited companies formation and new business entity registration services in the UK. Coddan is a leading company set-up agent that has expertise in off the shelf companies, ready-made companies, own name company formation as well as company search, credit checking, company secretarial, accounting and bookkeeping, tax advice & charity registration. Simple cost effective limited company set-up. No paper forms to complete, all information provided electronically. Coddan offer a range of services for business, including business company set-up, virtual office services, mailing address, and company secretarial services.
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Is delivered to Companies House within 28 days after the anniversary of incorporation or the anniversary of the made-up date of the last annual return; and gives a true picture of the management structure and capital (if applicable) of the company at the made-up date. Remember: It is a criminal offence not to deliver the company's annual return within 28 days of the made-up date, for which company secretaries and directors may be prosecuted.
WHAT IS AN ANNUAL RETURN (FORM 363)?
An annual return is a snapshot of certain company information at the made-up date (see question 3). It is separate from a company's annual accounts. An annual return must contain the following information:
The name of the company. Its registered number. The type of company it is, for example, private or public. The registered office address of the company. The address where certain company registers are kept if not at the registered office. The principal business activities of the company. The name and address of the company secretary. The name, usual residential address, date of birth, nationality and business occupation of all the company's directors. The date to which the annual return is made-up (the made-up date).
And if the company has share capital, the annual return must also contain: The nominal value of total issued share capital. The names and addresses of shareholders and the number and type of shares they hold or transfer from other shareholders.
WHAT IS THE MADE-UP DATE?
This is the date at which all the information in an annual return must be correct. The made-up date is usually the anniversary of: The incorporation of the company; or the made-up date of the previous annual return registered at Companies House.
WHEN MUST THE ANNUAL RETURN BE DELIVERED TO COMPANIES HOUSE?
All annual returns must be delivered to Companies House within 28 days of the made-up date given on the form.
COMPLETING THE SHUTTLE ANNUAL RETURN FORM 363s
Follow the instructions on the covering letter and on the form, and use the form to tell us about any changes to:
The company's registered office. The address at which the company's register of members is kept (if applicable). The address at which the company's register of debenture holders (if any) is kept. The principal business activities of the company. The details, for example, change of the usual residential address, of any company secretary or director and if the information has been pre-printed, of any shareholder. The date a company officer resigned.
However, do not use the shuttle annual return Form 363s to tell Companies House about:
The appointment of a new company officer, for this use Form 288a. Any change in a company's total nominal capital. The allotment of new shares by a company use Form 88(2).
WHEN DO I HAVE TO LIST ALL COMPANY MEMBERS?
Whichever type of annual return form is used, a company with share capital must provide a "full list" of all its members on:
Its first annual return following incorporation. Every third annual return after it has provided a full list.
The intervening two annual returns need only report changes to shareholder information that have taken place during that year - that is, shares transferred and particulars relating to shareholders who have become members or ceased to be members. A "full list" annual return must contain the following information about a company's shareholders:
The name and address of every shareholder of the company at the made-up date. The name and address of every shareholder who has ceased to be a member of the company since the made-up date of the previous annual return (or in the case of a first return, since the incorporation of the company). The number of shares of each class held by each member of the company at the made-up date of the annual return. The date of registration and the number of shares of each class transferred by each member or past member since the made-up date of the previous annual return (or in the case of a first return, since the incorporation of the company).
On a shuttle annual return Form 363s, Companies House will pre-print the individual shareholder information where the details are available and if a company has 20 or fewer shareholders. Use the space provided alongside the details of each shareholder to make any necessary amendments to the information.
Remember : A company may issue additional shares provided that Companies House is or has been notified of the allotment of the shares on Form 88 (2).
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);
