The Four Documents you Need to Establish a Company
The prospect of expanding your present business in the UK, or to launch an altogether new business venture there is immense. Being the business hub of the world, the UK has potential customers and clients for all types of businessmen and service providers. The best way to reap the benefit of business opportunities in the UK and ensures huge profit is to establish a company there.
The thought of starting ones own company seems to be lucrative to anybody. But the lengthy process involved in company formation prevents many people from plunging into it. In fact, most of the people are either ignorant or misinformed about the process of forming a company . Contrary to the popular belief, starting ones own company in the UK is quite easy. It has particularly easy because of the online small firm service providers.
In order to establish a company in the UK, one will need to file four documents with Companies House: Form 10, Form 12, Memorandum of Association, and Articles of Association. Form 10 is concerned with the situation of the Registered Office. This office is regarded as the official address of the company. One can have this office either in England and Wales, or Scotland. The form also contains the details of the consenting Secretary and Director(s).
Form 12 is about the declaration of Compliance with the Companies Act 1985 in respect of the registration. This form should be signed in the presence of a Solicitor, Commissioner for Oaths, Notary Public or Justice of the Peace. This is done after the Memorandum and Articles of Association have been completed. One more step is there to be followed by those who want to establish a company in the UK.
Memorandum of Association states the company name, the objects of the company and its Liability. It is includes the situation of the Registered Office. Articles of Association is concerned with the internal management affairs and running of the company. All the subscribers to the shares must sign this. These are, in short, the documents to be furnished with the registered office in order to establish a company in the UK.
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The Author is an experienced writer presently writing on topic like Company Formation UK for taking business services to form a company.
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