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E-Quick Package |
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 £ 32.00 | No Annual Fees! | | |
 This is our most popular package with UK residents, and includes:
 The submission of forms detailing your company's executive officers
The registration of your £1,000 authorised share capital (a minimum of one share must be issued)
Company formation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
The appointment of your own candidates as directors and secretary (a minimum of two people are required)
The following documents will be e-mailed to you (Note: these documents are to be printed and signed):
Electronic Certificate of Incorporation (PDF)
Electronic Memorandum & Articles of Association (MS Word)
Minutes of the First Meeting of Directors (MS Word)
Share Certificates and company Register
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Economy Package |
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| £ 82.00 | Annual Maintenance Fee £50.00 | | |
This is our most popular package with EU residents, and includes:
The submission of forms detailing your company's executive officers
The registration of your £1,000 authorised share capital (a minimum of one share must be issued)
Company registration is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
The appointment of your own candidates as directors and secretary (a minimum of two people are required)
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Annual Return and Annual Account reminder
The following documents will be e-mailed to you (Note: these documents are to be printed and signed):
Electronic Certificate of Incorporation (PDF)
Electronic Memorandum & Articles of Association (MS Word)
Minutes of the First Meeting of Directors (MS Word)
Share Certificates and company Register
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Premier Package |
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| £ 131.95 | Annual Maintenance Fee £99.95 | | |
This is our most popular package with small business, and includes:
The submission of forms detailing your company's executive director
The registration of your £1,000 authorised share capital (a minimum of one share must be issued)
Company incorporation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
Applicant appointment of director for company (appointed electronically)
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Nominee company secretary service for 12 months (next year - £49.95)
Annual Return and Annual Account reminder
The following documents will be posted to you (these documents will be sent via Royal Mail):
The original laminated Certificate of Incorporation
A bound copy of the Memorandum and Articles of Association
The Minutes of the First Directors' Meeting
Two printed share certificates and Company Register
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Deluxe Package |
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| £ 256.95 | Annual Maintenance Fee £224.95 | | |
This is our most popular package with overseas residents, and includes:
The filing and registration of your company in England
The registration of your £1,000 authorized share capital (a minimum of one share must be issued)
Company formation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Nominee Company secretarial service for 12 months (next year - £49.95)
Coddan provides a company nominee director service for 1 year (next year - £125.00)
The name of the nominee director & secretary will appear as a public record
Annual Return and Annual Account reminder
The following documents will be posted to you (these documents will be sent via Royal Mail):
The original laminated Certificate of Incorporation
A bound copy of the Memorandum and Articles of Association
The Minutes of the First Directors' Meeting
Two printed share certificates and Company' Register
A pre-signed, undated letter of resignation from the nominee director
A General Power of Attorney signed by nominee director
An indemnity Letter for General Power of Attorney
A nominee service agreement which provides for the indemnification of the nominees
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Name Protection |
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| £ 22.00 | Annual Maintenance Fee £60.00 | | |
The purpose of this package:
This package allows you to register a company name with Companies House and thus prevent this name being used to form a company by anyone else
This package includes:
The registration of a non-trading limited company with your choice of name
Payment of UK legal and initiation fees
A nominee director
A nominee secretary
A nominee shareholder
A registered office address
Management of the company:
Coddan will file the annual return and dormant company accounts on your behalf for an annual fee of £60.00
If you do not wish to renew the management option at the end of term, the company will be dissolved
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| Business Start-Up: Legal Requirements | | |
Company subscribers may be residents outside the UK
You must appoint a minimum of ONE Director
There is no maximum number of Directors
Directors can be corporate bodies or private individuals
A Director can be of any nationality
Directors need not be formally trained
All companies must appoint a company Secretary
Secretaries can be corporate bodies or private individuals
A Secretary can be of any nationality.
If there is only ONE Director he or she CANNOT also be the Secretary
A company must have a minimum of one shareholder who may be a corporate body or an individual
No minimum paid up share capital
A minimum of one share may be issued
Capital may be denominated in any currency
Shareholders and directors meetings may take place outside Great Britain
The company is required to have a registered office in the UK
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(click here for other packages)
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| 1. Company subscribers may be residents outside the UK.
2. You must appoint a minimum of 1 Director.
3. Directors can be corporate bodies or private individuals.
4. A Director can be of any nationality.
5. All companies must appoint a company Secretary.
6. A Secretary can be of any nationality.
7. If there is only ONE Director he or she CANNOT also be the Secretary.
8. There is no maximum and no minimum share capital.
9. There is no minimum share capital, no paid-in capital requirement.
10. The company is required to have a registered office in the UK.
 +44 (0) 207.748.3039
+44 (0) 800.081.1510
 info@uk-ltd-formation.co.uk |
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- DEAR VISITORS, If you want to become familiar with the description and the contents of company formation packages, offered by our company and to find above, what kind of service is included in this or that formation package, to get an idea about the price of annual renewal of the service, and about the general legal requirements to the company incorporation within foreign countries, please, select the package you need from the list, situated below the banner. The information in the banner will be renewed according to the package you've chosen.
Please note » The prices payable for the items that you order are clearly set out in the web site. There will be no contract of any kind between you and us unless and until we receive payment from you. We act as your agent in the incorporation of companies and electronic filing of Companies House forms. We are not able to guarantee that any such filing will be acceptable to Companies House, nor are there any contractual obligation upon us to do so. If Companies House rejects incorporation or other electronic filing, we will credit your account with a full refund and the contract between us will be made void. Companies House does not offer a cancellation facility for the incorporation of companies or the electronic filing of documents. We will be unable to cancel any such submission on your behalf and will not refund any payment you have made. All prices shown at Coddan Web Site (www.uk-ltd-formation.co.uk) are in Great British pounds.
Live Help » Live Help is a real time "chat" feature which enables you to interact with a customer service representative without a phone call. Get answers to your questions while using our website. Clicking the "Live Help" button will start an on-line session with one of our representatives. Live Help is currently available during normal business hours. Outside of the above opening hours our business center will be closed. When you click on the button you will see an e-mail form that will allow you to send us a mail with your questions. Live Help is absolutely free! There are no hidden fees. We offer the service as a courtesy to our website visitors.
 Share Options - Enterprise Management Incentives
The Enterprise Management Incentives (EMI) share scheme is intended to assist smaller high risk companies, especially those operating in the IT sector, by enabling them to grant tax efficient share options as a means to incentivise high calibre employees. Until now, companies wishing to use share options as a means to recruit and retain employees without offering high salaries have either had to suffer the consequences of potentially high taxes or alternatively set up cumbersome and restrictive approved share option schemes.
The new EMI scheme is intended to be considerably more tax efficient and flexible than the existing arrangements for share option schemes. For example: the EMI scheme requires no formal share option scheme - options are granted by a single written agreement with the relevant employee. There is no minimum exercise price (although if options are granted at a discount, there will be a tax liability on the discount). Options may vest immediately and may remain exercisable for up to 10 years. Options must be over fully paid up ordinary shares although the shares may have limited or no voting rights and may be subject to other restrictions.
There are a number of formalities - although there is no limit on the number of employees who may hold EMI options the value of options per employee is currently limited to £100,000. In addition there is an overall maximum limit of £3 million worth of shares over which EMI Options may be granted by any company. The company must agree the value of the shares with the Inland Revenue unless the shares are listed on a recognised investment exchange. In addition, the company must have gross assets of no more than £15,000,000. Options may not be granted over shares in a subsidiary company.
Full time employees may be granted EMI options. In addition, part timers will also qualify if they commit 75% or more of their working time to the business of the company. Consultants, non-executive directors and contractors will not qualify for EMI options.
EMI options may not be granted to any person who, together with their relatives and associates, holds more than 30% of the shares in the company.
Certain companies will not qualify for EMI options if their activities are designated as excluded activities. Examples of excluded activities include the following: dealing in land, commodities or futures etc. Dealing in goods otherwise than in the course of an ordinary trade of wholesale or retail distribution. Banking and related activities. Leasing or receiving royalties or licence fees. Legal or accounting services. Property development. Farming and woodlands. Hotel, nursing and care home management.
Companies can apply for advance assurances that they qualify for EMI.
If the option qualifies as an EMI option, the company must notify the Inland Revenue within 92 days of granting the options. The notice must be accompanied by the relevant form. The Inland Revenue has 12 months after it receives a notice to disqualify an option for EMI tax treatment.
- Overview of Tax Advantages. Income Tax
No income tax or national insurance is payable on the grant of EMI options. In addition, provided that the exercise price is not less than the market value of the shares at the date of grant, no income tax or national insurance will be payable on exercise. If the EMI option is granted at a discount, income tax is payable on the amount of the discount.
- Capital Gains Tax
Capital gains tax is payable on any EMI shares at the time of their disposal. However EMI shares receive preferential treatment for capital gains tax purposes. They are treated as “business assets” for the purposes of capital gains tax taper relief and they are considered as being acquired at the date of grant. Therefore provided that the shares are sold at any time five years after the date of grant, capital gains tax will normally be taxed at the rate of 10% rather than 40%. The new EMI regime should be of great benefit to small companies wishing to incentivise their key employees by way of tax efficient options. The tax benefits will operate to the advantage of both the company and the option holder.
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