Knowledge

Company formation

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the constitution of a company and the foundation on which the structure of a company is based. In other words, a memorandum of association is considered the charter or constitution of the company because it lays down the objectives of the company precisely and clearly, defines the scope of its relation with the investor and outside world.
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This contains the names and signatures of the subscribers that wish to form the company and, in the case of a company limited by shares, a commitment by the subscribers to take percentage of shares as contribution been made. A draft template is available on the Companies House website. It sets out
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The articles of association (often referred to as just ‘articles’) is the document which sets out the rules for the running of the company's internal affairs. The company's articles are delivered to the Registrar at incorporation. In the event that no articles are registered for the new company, the
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eFiling service and an account with Companies House. Company formation agents have direct links into Companies House, to look up the company name, and submit the company. Different agents have differences in their processes caused by their website and software implementation. Companies House have a
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This contains the intended situation of the Registered Office, (this will be either in England and Wales, Northern Ireland, Scotland or Wales), the details of the consenting Secretary and Director(s), details of the subscribers and, in the case of a company limited by shares, details of the share
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via the paper filing method can take up to 4 weeks but nowadays the majority of UK companies are formed the same day electronically. Companies can be created by individuals, specialised agents, solicitors or accountants. Many solicitors and accountants subcontract incorporation out to specialised
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The articles can be amended at any time by special resolution which requires 75% or more of the eligible shareholder votes to be cast in favour of the resolution. A copy of the updated articles of association, together with the special resolution itself, should be delivered to Companies House
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or an act of Parliament. The deed of settlement named the individuals of the company as trustees of the assets jointly owned by the company. It also served to outline the rules applicable to the company's management.
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and most international law, a company or corporation is considered an entity that is separate from the people who own or operate the company.
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capital. The form also includes the Statement of Compliance that the requirements of the Companies Act have been complied with.
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for the company, which would usually be carried out by a solicitor, accountant, or agent specialising in company registration.
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model (default) articles will be registered. This new procedure was introduced by the Companies Act 2006, Section 20.
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Most incorporations submitted by paper take around 5 working days to be accepted. For detailed information see the
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or £40 for a limited company. This fee does not include the cost of witnessing documents or preparation of
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company formation agents. Most agents offer company formation packages for less than £100.
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was used in 18th century England to regulate the activities of companies structured as
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list of company formation agents that have passed integration testing.
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The following can be formed by registration at Companies House:
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can be accessed using compatible software that works with the
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Charitable incorporated organisation (England and Wales)
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of a business in the UK. It is also sometimes referred to as
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The cost of carrying out paper filing directly with
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Trust Deeds 14: 1173: 1125: 1118:E-filing company formation agents 901:Private company limited by shares 1052:"Companies Act 2006, Section 20" 799: 568:Société à responsabilité limitée 57: 1111: 1100: 746:is the term for the process of 1086: 1072: 1058: 1044: 1030: 1017: 1005: 993: 976: 783:A legal instrument known as a 1: 999:Previously section 10 of the 917:Limited liability partnership 907:Company limited by guarantee 850: 450:Massachusetts business trust 7: 952: 637:Piercing the corporate veil 333:Community interest company 308:UK / Ireland / Commonwealth 296:Economic interest grouping 10: 1178: 1162:United Kingdom company law 935:Community interest company 406:Limited liability company 29: 18: 965:List of company registers 860:Memorandum of association 617:Internal affairs doctrine 612:and estoppel corporations 970: 959:Incorporation (business) 41:This article is part of 25:Incorporation (business) 1132:Companies House eFiling 838:Articles of association 804:Under section 9 of the 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company 217:Shelf corporation 212:Shell corporation 200:Limited liability 1169: 1120: 1115: 1109: 1104: 1098: 1097: 1090: 1084: 1083: 1076: 1070: 1069: 1062: 1056: 1055: 1048: 1042: 1041: 1034: 1028: 1021: 1015: 1009: 1003: 997: 991: 980: 961:- US perspective 886:Types of company 733: 726: 719: 687:Registered agent 632:Drag-along right 572: 557: 547: 537: 527: 517: 507: 497: 487: 477: 446: 429: 409: 353: 344: 336: 328: 320: 309: 299: 291: 281: 277:Societas privata 271: 261: 242: 241: 61: 38: 37: 32:Company register 1177: 1176: 1172: 1171: 1170: 1168: 1167: 1166: 1142: 1141: 1128: 1123: 1116: 1112: 1105: 1101: 1092: 1091: 1087: 1078: 1077: 1073: 1064: 1063: 1059: 1050: 1049: 1045: 1036: 1035: 1031: 1022: 1018: 1010: 1006: 998: 994: 981: 977: 973: 955: 888: 879:Companies House 871: 862: 853: 840: 824:Companies House 817:Companies House 802: 781: 776: 737: 692: 691: 672:Civil procedure 662: 654: 653: 627:Tag-along right 594: 586: 585: 570: 555: 545: 535: 525: 515: 505: 495: 485: 475: 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process 797: 794: 793:royal charter 790: 786: 771: 768: 763: 761: 757: 753: 749: 748:incorporation 745: 734: 729: 727: 722: 720: 715: 714: 712: 711: 706: 703: 701: 698: 697: 696: 695: 688: 685: 683: 680: 678: 675: 673: 670: 668: 665: 664: 661:Related areas 658: 657: 650: 649: 645: 643: 640: 638: 635: 633: 630: 628: 625: 623: 620: 618: 615: 613: 611: 607: 605: 602: 600: 597: 596: 590: 589: 578: 575: 573: 569: 565: 563: 560: 558: 554: 550: 548: 544: 540: 538: 534: 530: 528: 524: 520: 518: 514: 510: 508: 504: 500: 498: 494: 490: 488: 484: 480: 478: 473: 469: 468: 467: 466: 462: 461: 456: 453: 451: 448: 445: 441: 437: 435: 434:S corporation 432: 430: 424: 422: 419: 415: 412: 411: 410: 404: 402: 401:C corporation 399: 397: 394: 393: 392: 391: 388:United States 387: 386: 381: 378: 374: 371: 369: 366: 364: 361: 359: 356: 355: 354: 347: 345: 339: 337: 331: 329: 323: 321: 315: 314: 313: 312: 306: 305: 300: 294: 292: 288: 284: 282: 278: 274: 272: 268: 264: 262: 257: 253: 252: 251: 250: 247: 244: 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shares 79:Australia 953:See also 758:. Under 677:Contract 610:De facto 442: / 256:Societas 74:Anguilla 43:a series 819:guide. 767:company 577:more... 195:Limited 190:General 155:Company 135:Germany 119:Vietnam 943:(EEIG) 571:(SARL) 546:(N.V.) 536:(K.K.) 526:(GmbH) 474:  463:Others 428:(LLLP) 373:public 352:(Ltd.) 327:(SCIO) 298:(EEIG) 258:  130:France 89:Canada 971:Notes 937:(CIC) 919:(LLP) 897:(plc) 506:(A/S) 496:(ANS) 408:(LLC) 343:(IPS) 335:(CIC) 319:(CIO) 290:(SUP) 280:(SPE) 270:(SCE) 99:India 925:(LP) 873:The 562:S.A. 556:(Oy) 516:(AS) 486:(AG) 476:(AB) 260:(SE) 84:BVI 1148:: 986:, 812:. 109:UK 45:on 1082:. 1054:. 1040:. 732:e 725:t 718:v 27:.

Index

United Kingdom
Incorporation (business)
Company register
a series
Corporate law

Anguilla
Australia
BVI
Canada
Cayman Islands
India
South Africa
UK
United States
Vietnam
European Union
France
Germany
Company
Conglomerate
Cooperative
Corporation
Holding company
Joint-stock
Partnership
General
Limited
Limited liability
Private limited

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