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E-Quick Package |
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 £ 142.00 | No Annual Charges | | |
 This is our most popular package with UK residents, and includes:
 The registration of your company from scratch with the authority to issue bearer shares, using your own registered office address, and appoint your own candidates to the roles of director, and secretary (if needed);
The standard capital on formation is £1,000, this is divided into 1,000 ordinary shares valued at £1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The formation of a limited company with bearer shares usually takes as little as four to six hours from the time that your application and payment are received by Coddan;
The government fee for incorporation is included in the price of this package;
The following documents, which need to be printed and signed, will be emailed to you upon formation of your company: A certificate of incorporation (requires PDF file reader);
The memorandum & articles of association (requires MS-Word file reader);
The first meeting of the board of directors (requires MS-Word file reader);
Bearer share certificates and a company register.
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| Business Start-Up: Legal Requirements | | |
A private company with bearer shares in England and Wales must have at least one director, and may have a secretary.
You need at least one person to form this type of company. If there is only one director, and that director is a natural person in your company, that director can also act as the secretary.
A company must have at least one director who is a natural person. This requirement is met if the office of director is held by a natural person as a corporation sole or otherwise by virtue of an office.
You can register a sole director' company, if you are familiar with the secretaries duties and responsibilities, because all of them belongs to a sole director.
The directors and secretary of your company can also be holders of bearer shares.
The Companies Act imposes no restriction on the minimum age of company directors. However Companies House will actively discourage the appointment of anyone under the age of 16 from taking up a company directorship on the grounds that the individuals concerned may not fully understand the legal liabilities that go with the position and for the most part will not have the experience necessary to perform the duties of a company director.
Under the Companies Act 2006, there is no restriction on any or all of the members being from an overseas country (i.e. outside the United Kingdom in terms of residency, domicile, citizenship, place of incorporation or all or any of those concepts).
There is no requirement for the officers of your company to be UK citizens or residents, nor for them to hold valid work permits.
Owning, or being an officer of a UK company does not, however, grant you any right to live or work in the UK if you are a foreign national.
Your company must have a registered office address within England or Wales; this is the official address of your company and will be on the public record as such.
Your company must hold its official company documents at its registered office address: its register of shareholders, and its constitutional documents.
So long as you maintain a registered office address in England or Wales, you can conduct your business from any place in the world: you do not have to run your business from your registered office address.
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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. |
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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 » 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.
 Do You Want to Incorporate or Register a Company with Bearer Shares? Coddan Offers England, Wales, Scotland and Northern Ireland Bearer Shares Company Formations From - £500.00 !
Need a UK company formation expert? You've come to the right place. Welcome to the Web site of Coddan. From our home page, you will be able to navigate through topics of information on the services we provide. Coddan is a leading company registration service, providing quality, dependable and professional incorporation services since 1993. The form of entity selected for the conduct of a business greatly impacts the daily operations of the business and the income tax consequences to both the business and its owners. At Coddan we assist clients with this step of business formation by reviewing the goals and individual facts of each situation to recommend the best entity - selecting from limited/general partnerships, limited companies, and the different elections or options available under each. We offer a range of services for business, including starting companies, registered office in London, Doncaster, Liverpool, Edinburgh and in Northern Ireland. We have been offering business entity formations, professional corporate secretarial and associated services for over 10 years. We are a dynamic, ambitious and stimulating organisation. We hope that this site will help us towards achieving this aim and we would welcome any feedback which you may have. We serve a wide range of foreign companies seeking to do business in the Great Britain, from the largest multinational corporations to small, closely-held companies, and work to create innovative solutions to business and legal problems for all of them. We offer a quick, simple, and inexpensive way for anyone to form a company online. The speed of our business entity formation service is quicker than most other companies that sell you an off-the-shelf company which inherits an old company name, old directors and old shareholders, so why inherit problems?
Our team of lawyers and corporate consultants are specialists in their fields, combining many years' experience with a practical and modern approach to working with clients. We are committed to providing the highest quality of service. We strive to keep pace with new initiatives and believe in investment in the latest technology which we recognise as an integral part of our work. But we haven't forgotten the importance of providing a personal service that meets the needs of each individual client. That is why you will find us professional, friendly and approachable.
We run our offices in a client-oriented manner. We use state-of the-art technology and cost-effective methods to provide services in a timely, efficient manner. We return your phone calls promptly, and report to you regularly on your case. We speak plainly, and are up front and ethical about our fees, so that there simply are no bad surprises. At our very core is a focus on each client's background, needs, and goals. That's where we start, and we never stray from the idea that your needs set our course.
Our tailor made English and Scottish company formation service allows you to choose the name of your new company, subject to availability. Because we now submit the vast majority of new incorporations electronically to Companies House, your private company will normally be incorporated within 6-8 working hours* of ordering (*If ordered before 11:00 and Companies House permitting. Companies House in Belfast (CHB) normally takes 7-10 working days to incorporate a new limited company). We are able to assist our clients in many areas including: company and partnership formation (private companies limited by shares, companies limited by guarantee, PLC - public limited companies, flat management companies, joint venture and subsidiary companies, limited partnerships and LLP - limited liability partnerships), assistance with the structuring of offshore companies and provision of nominee corporate secretaries, directors, and officers.
Now you can use your Internet connection to lodge incorporation documents with the Companies House and receive fast electronic responses from the Registrar of Companies. Online English and Scottish company registrations usually take about 6-8 working hours but can sometimes be done in just one hour. A Companies House member of staff has to perform a final manual check of your incorporation details and therefore the timescale is subject to their workload. Our e-formation service eliminates the need to complete Forms 288a (to appoint the directors and secretary), making the process of registration a company even easier and quicker. With our new online electronic company creation system, we take you through each step of your private or guarantee company incorporation process as quickly and as simply as possible. We offer a seamless link between yourself and Companies House. By providing 100% of the details online using a simple, well laid out process, you don't have to get tied up with complicated forms. After submitting, just sit back and wait for our email notification. What could be easier?
Our specialist knowledge and vast experience enable us to provide a fast, efficient, and professional service, and one which a great many businesses have been founded and built upon to date. Once you have completed our online order form and your new limited company is in the processing stage of being registered at Companies House you will receive an order acknowledgement from us by email. Documents we send you via email for the electronic E-Quick Formation Package are: Certificate of Incorporation - in PDF format, Memorandum & Articles of Association, First Minutes of Directors meeting, share certificates, Registers of Members, Directors and Secretaries, Directors Interests, Company charges - in Word format. All of our Memorandum and Articles of Associations (private company limited by shares, company limited by guarantee, flat management company) and Partnership Agreements (limited partnership and limited liability partnership) were reviewed and approved by a volunteer U.K. lawyer.
How the process works. We have introduced a new, faster way of completing the formation process. You can now form both your company and nominate your director(s) and secretary online. The process is simple and straightforward, but we have put together some helpful tips below in case you need any pointers. There is also an email address at the foot of this page if we have missed anything. You can start contracting using your new company once you have received your Certificate of Incorporation - usually within 3 working hours of submitting your order.
Our system allows you to nominate your Directors and Secretaries up front. Other firms incorporating companies, do not offer this on-line service therefore, you would need to complete several forms to achieve the same end result, extending the time your company would be out of operation, to at least three weeks. Using our system, your company will be incorporated with the directors and secretaries of your choice without delay.
Here's what you need to do: the online process will take you through the steps of purchasing your chosen name and on to a new area of the system with an online Form 288a to nominate your chosen director(s) and secretary. As you complete each step of the process you will be sent emailed confirmation - e.g. that your order has been placed and that your request for that company name has been sent to Companies House.
Your Memorandum and Articles of Association will also be sent to you by email. Companies House take 3-4 working hours on average to make final checks on name availability and to issue your Certificate of Incorporation.
For a limited company you need a minimum of 1 secretary and 1 director. If you have only 1 director, two separate people must hold these appointments. The secretary may also be a director if you have more than 1 director. There are 3 sections to fill in: the appointment type - director or secretary. You will need to indicate which position the applicant will hold (director, secretary or both). You will need to supply name and address, any previous names, date of birth, nationality, occupation, details of other directorships, with company name and number.
There is quite a common misconception about Certificates of Incorporation that are issued through electronic filing; one which even the larger banks have not got to grips with yet. Over 65% of all companies formed in the UK are done so using Electronic Filing and this percentage is growing. Companies House do not issue a hard copy certificate for companies that are formed using this method, and instead issue an encrypted PDF version of the certificate. This PDF document is the original certificate, but should you wish to have a hard copy Companies House issue guidelines on how these should be printed. They state that the PDF certificate must be printed on to 160gram Ivory card.
- UK Company Incorporation With Bearer Shares
In addition to incorporating an ordinary limited company we can provide formation & management of UK companies with bearer shares! Bearer shares can be converted into registered shares and vice versa.
Bearer Share Basics. Bearer shares are legal instruments denoting company ownership. They are not the same as stock certificates, however. Usually, the legal shareholders of a limited company are those persons whose names appear on the corporation's official shareholders list, or register. These shareholders may or may not be issued a tangible stock certificate which they may possess. A common stock certificate will bear the name of the shareholder, and how many shares of stock the certificate represents. It will contain other information such as the name of the company, any par value the shares have, and most importantly, whether there are restrictions on the transfer of the shares.
Many UK residents have never heard of bearer shares. The trick behind Bearer Shares, however, is that they must be issued properly by a qualified and knowledgeable corporate director. As long as you do not have them in your possession at the time you are questioned, you can legally and truthfully say under oath, "I am not the owner of that corporation." It's always recommended that people keep their bearer shares. This way, if your nominee officer is ever questioned about your corporation, he can say the same thing: "Bearer shares were issued, I don't know who owns the company, and I can prove it."
In contrast to ordinary stock certificates, bearer shares do not list the name of a shareholder. Instead, they state that shares of stock in the corporation are owned by the "bearer" of the certificate. Therefore, whoever has physical possession of the certificate can exercise the rights of a shareholder of the company. The advantage of bearer shares is privacy and ease of transfer. A company with only bearer shares has no shareholders list or register. Therefore it is impossible to know for certain who the shareholders of the company are. Because a transfer of the shares can be made by simply handing them to another person, bearer shares can be transferred more easily than non-bearer shares.
How Bearer Shares are Suppose to Work. Normally, when you fill out the back of a stock certificate, you must print the name or the company name of who owns that stock. Then you must record in the stock ledger the shareholder, address, date, number of shares, and if it was an original issue or a transfer. Obviously whomever the stock is issued to is the owner of the company. If it is to the bearer, then whoever holds that certificate, at a particular moment, will thereby be considered the owner of the company.
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