Premier Company Formation Blog
UK Company Formation For Non Residents
So you live outside the UK and want to form a UK company but are not sure about the process, time, costs, and the paperwork involved. To some, it may seem a challenging prospect
Company Director Roles And Responsibilities
The role of the company director is to manage day to day business of the company and make operational decisions to ensure the company meets its statutory obligations
How Many Shares Do I Need To Issue In My Company
Normally, one important question asked during company formation – How many shares do I need to issue while setting up my limited company? A minimum of one share must be issued
Private Limited Companies Limited By Shares
The most popular types of incorporated companies in the UK are private limited companies. The key reason being that requirements for setting up a private limited company are simple and it is quick to set up
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VAT Introduction
Value Added Tax or VAT, is an indirect tax that is levied on goods and services. The business has to be vat registered in order for it to charge vat on the sale of goods or services. Any VAT element collected via sales by a business is paid to HM Revenue & Customs.
Why To Form a Private Limited Company By Shares
If you want to run a business with a professional outlook that can attract customers and allow you to make a good profit then forming a private limited company by shares is an economical and good option
The advantages of a private limited company
The Company is considered a separate entity from its owners and Directors. Therefore, Directors and shareholders are not liable for the company’s debts. If you run a business via a limited company
Sole Trader Vs Limited Company
A sole trader is a simple business arrangement in which one individual runs and owns the entire business. There is no legal distinction between the owner and the business entity. It is easy to set
Home Address As Registered Office
If you incorporate a business with Companies House you will need to set up a registered office. It must be anywhere in England and Wales.This address doesn’t necessarily have to be a place
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Special Resolution
Under the Companies Act 2006 any company decision must be made via resolutions. There are certain decisions that are more sensitive in nature to the Company and so they must be passed by a special reolution.
Memo and articles of association
Under the Company’s Act a memorandum of association and the articles of association are required for a company formed in the UK and these are to be submitted