Formalities,for,Company,Format business, insurance Formalities for Company Formation
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From small enterprises to big businesstycoons, every entrepreneur aims at registering their presence inthis region. According to the Registrar of Companies, 28,222 companyformations took place in the UK in August 2009. Companies can beformed by contacting the Companies House, either in person or via theInternet. Company Formation:Requisite PaperworkTill October 1, 2009, company formationhas been taking place under Section 10 of the Companies Act 1985.Since then, Section 8 of the Companies Act 2006 has come into force.To register your company, the following documents, along with theregistration fee, must be sent to the Registrar of Companies:Memorandum of Association This must contain: The name of the companyOfficial addressCompanys objectivesThe aim of setting up a company neednot be mentioned elaborately. The objective may be as simple as tocontinue business as a general commercial company. The memorandumsent to the Registrar must be signed by each subscriber in thepresence of a witness who must attest the signatures.Articles of Association Thisdocument lays down the rules for managing the companys internalaffairs. This document, too, must be signed by the subscribers in thepresence of a witness who has to attest the signatures before theseare delivered to the Registrar. Form 10 This form mentionsthe:Details of the first directors This would include the director/s names, addresses, DOB, occupationand information about other job profiles they have held in the lastfive years.Information about the secretaryIntended (registered) officialaddressEach appointed officer and their agentsor subscribers must sign and mention the date/s in the form. Form 12 This form is astatutory declaration of compliance with the legal requisites relatedto company incorporation. This has to be signed by the solicitor whoaids the company formation. Alternatively, this document can besigned by one of the directors or the company secretary whose namehas been mentioned in Form 10. This form has to be signed before anyof the four:A commissioner for oathsA notary publicA justice of the peaceA solicitorYou can consider hiring companyregistration agents to perform these formalities on your behalf. Oneof the largest and well-known UK company registration agents with thereputation of being the best is www.companyformations247.co.uk.Contact the agent today to enjoy a host of benefits!
Formalities,for,Company,Format