Registering,Company,New,Existi business, insurance Registering a Company: New or Existing Overseas
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In UK, registering acompany may imply forming a new company or registering an existingoverseas company. Although one can handle the registration process byoneself, it is recommended to opt for the services of an experiencedcompany formation agent. Steps in Registering aCompanyThe process ofregistering a company comprises several steps but the first step isto determine the business structure. Here are the basicstructures to choose from:A company limited bysharesA company limited byguaranteePrivate unlimitedcompanyPublic LimitedCompanyRegistering a Companywith the Right DocumentsOn deciding the businessstructure, the next step is to finalize the companys name. A companyformation agentcan help to check available and suitable names. Post-1985, onlylimited companies can register their names with a government agencysuch as Companies House. Also, the company name should not usesensitive or offensive words which suggest any ties with theParliament, the Queen or the Royal family. After this is done,mandatory documents require to be submitted along with theregistration form. These documents include the Memorandum ofAssociation, the Articles of Association, Form 10 and Form 12. With the right kind ofguidance from a responsible company formation agent, it is possibleto ensure speedy filing of business registration applications. It is pertinent to notethat registration of an overseas company requires submission ofspecific documents with the Companies House if the company sets ups abusiness place in the UK. However, partnerships or unincorporatedbodies can not be registered as overseas companies in the UK. In case an overseascompany sets a branch, it needs to submit Form BR1 to the CompaniesHouse while an overseas company setting up a business place in the UKneeds to submit the form 691. In both cases, it must be noted thatthe overseas company (which seeks registration) needs to submit thefollowing documents:Certified copies ofthe companys constitutional documents.A copy of the latestset of audited accounts published by the parent company.An overseas company mayinitially be registered by its corporate name. Thereafter, it getssubjected to the same restrictions as applicable to Britishcompanies.Company Formations 24.7is one of UKs largest UKcompany formation agentswith tremendous experience in offering the best possible services forcompany formation, administration and information.
Registering,Company,New,Existi