How to Set Up a Limited Company in UK

In the event that you decide that you are starting a business for the further development of your company, then do, the logical next step to decide the legal structure of the company you are setting up. A limited company has a lot to offer. A separate business and legal identity, limited liability company to members of the society and the facility can be introduced with the new members of this structure are worth mentioning. Even a single person to a "single member of Form 'private companies.

So if you have decided to set up a limited liability company, here's what you have to do:

In the United Kingdom is the Registrar of companies in the Companies House. Before calling the company that you can set up, it needs to be incorporated by Companies House. Only then will the new company you have a legally recognized entity.

The registry is not too difficult. However, it will include the submission of many documents that require accurate data.Sufficient awareness of what is required is necessary for this. If in doubt, it is preferable to a formation agent) (cheapest option, lawyer, accountant or company secretary approach. In this context, it must be pointed out that the new Companies Act 2006 came into force in October 2009. Therefore, there are some changes that affect both directors and shareholders in the new company set up.

Important documents that you need for starting a new company established with limited liabilityare:

Memorandum of Association
Statutes
Form IN01

These forms contain important legal information including the name and address of the company, the rights of shareholders, authorized signatory etc. These forms are available for free download on the website of the Business House.

You must also have been officially appointed to the company officers. The names of the officers will be recognized in the legal documents. In the event of changes in name orAddresses of these officials, this must also apply to the Companies House immediately notified. The number of officers who need a company that depends on the type of company that will train you. Under the new law, each company needs a person as the director. In the past companies have been directors are also welcome.

When registering the new company, you are setting up, you need to approach the Companies House. Standard registration fee is $ 20. However, when the company need not be formed onOn the same day, a surcharge of £ 25 must be paid. Once registration is completed, the company will be ready at the facility to do business!