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UK
Limited Company Formation Specialists.
Coddan CPM LTD is a specialist UK limited company formation
and business registration agent setting up readymade, off
the shelf or own name limited companies at Companies House.
By concentrating on business law, we feel that we can offer
a more directed, and more efficient service to the professional
client than could a general-purpose law firm. For this reason,
we tend to avoid involvement in residential and other client
work and routine litigation. Thus, by avoiding the dilution
of our resources over numerous disciplines, our intentionally
narrower remit has allowed us to develop real expertise
in our chosen field. Our company is designed to provide
information and guidance in starting and developing business
within the United Kingdom. Allow us to help you register
your company and get it running, to select the best business
for incorporation, or to form your company with the UK Companies
House.
Same day companies formation for £42.00. Company formations
usually completed in 4-6 hours using Companies House online
company incorporation services. Our methods rely heavily
on information-searches made by electronic means, either
from local disks and servers, or from specialised, restricted-access
Websites. Apart from reducing the clutter, this approach
has been shown to yield substantially faster and more accurate
results, not only providing a superior service to traditional
law-book based approaches, but also significant savings
which we try to pass on to our clients. We supply expert
advice in navigating English legal and business systems
helping you set up in England, Scotland, Northern Ireland
and/or the Republic of Ireland. If you have an idea for
a business, we can also assist you in start-up your new
business directly in the UK from the ground up. In England,
Wales and Scotland you must register your business, which
we can do for you. Let us know how we can help.
Choose one of the following packages that will best
serve you: |
Private Limited Company
This package includes (most popular for EU residents):
 Submission of
applications that details company's executive officers (￡1000
authorized shared capital, a minimum of one share may be
issued)
Formation
of company in UK 6-8 workday hours
Payment
of UK legal and initiation fees
Applicant
appointment of director and secretary roles for company
(appointed electronically)
Registered
office address for 12 months, provided by Coddan
Renewal
application of following year's fees of Registered Address
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 |
SAME-DAY UK LIMITED COMPANY INCORPORATIONS AND ONLINE COMPANIES
REGISTRATION. UK COMPANY FORMATIONS - REGISTER A COMPANY OR
LLP WITH CODDAN CPM - UK COMPANY INCORPORATION AGENT
Information and advice for setting up a small business: you probably
found this page because you're looking into the process of company
registration in the United Kingdom. While this is a complicated
process, once you have a basic understanding of it, you can file
for company status in under six-eight hours. Looking for information
& guidance regarding limited company registration and small business
start-up advice? Do you want to incorporate your business in Edinburgh,
London, Liverpool, Belfast or Dublin? Are you looking to setting-up
a business in the United Kingdom, Scotland or Ireland? Why should
you bother with registering a company? Do you want to incorporate
a new UK limited company using YOUR OWN Directors, Secretary,
Shareholder and Registered Office? You've come to the right place.
Company formations usually completed in 6-8 hours using Companies
House online company registration services. You can now form your
UK limited company online using our company registration agent
service. Coddan? (Coddan is the trading name of Coddan CPM LTD
(project of Coddan Holdings (UK) LTD) - online companies establishment
agent offering same day business incorporation with no paper form
filling. Upon SPECIAL request, we may provide registered address
services across the UK (in any city or town) and we may provide
you a telephone number with call forwarding from any city and
town.
 One
Step to Become a Company ?
All Inclusive Company Establishment! We provide a full guide on
how to incorporate your business without the need to hire a solicitor.
Coddan is the online resource for incorporating limited companies
online. Buy a limited company or ready-made company and register
is as a limited company. New business companies formation is our
specialty. Other companies formation agents form companies using
nominees and then resign and transfer the shares to your chosen
officials. The presence of these agent directors and shareholders
leads to confusion and delay when opening bank accounts and arranging
finance. The UK limited company would be formed in your name from
the very beginning. This means that you choose the shareholders
(owners), registered office and directors from incorporation and
not the formations agent like off the shelf limited companies.
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Finding and Using Information:
When setting up a limited company or running a new business, there
are lots of different areas that have to be researched. We offer
electronic new business registration and electronic filing of
documents. We also offer nominee secretary and registered office
facilities (in London W1, London WC1, London NW3, Liverpool, Manchester,
Cambridge, Edinburgh and Glasgow) in addition to business formations.
We always hold in stock English, Scottish, American and offshore
ready-made companies available for immediate dispatch. Forming
a limited company with us could not be easier. Our simple online
new business creation service carries out your limited company
incorporation the way you want it, with your chosen nominees and
nobody else - full documents, no activation fees, your own officers,
freephone help and advice online.
How Much Does it Cost to Incorporate or Form a Limited Company
?
Country name: conventional long form: United
Kingdom of Great Britain and Northern Ireland; note - Great Britain
includes England, Scotland, and Wales; conventional short form:
United Kingdom; abbreviation: UK;
Capital: London;
Population: 60,270,708;
Location: Western Europe, islands including the
northern one-sixth of the island of Ireland between the North
Atlantic Ocean and the North Sea, northwest of France;
Chief of State: Queen Elizabeth II, Head of Government:
Prime Minister Anthony (Tony) Blair;
Languages: English, Welsh (about 26% of the population
of Wales), Scottish form of Gaelic (about 60,000 in Scotland);
Administrative divisions: England - 47 boroughs,
36 counties, 29 London boroughs, 12 cities and boroughs, 10 districts,
12 cities, 3 royal boroughs. Boroughs: Barnsley, Blackburn with
Darwen, Blackpool, Bolton, Bournemouth, Bracknell Forest, Brighton
and Hove, Bury, Calderdale, Darlington, Doncaster, Dudley, Gateshead,
Halton, Hartlepool, Kirklees, Knowsley, Luton, Medway, Middlesbrough,
Milton Keynes, North Tyneside, Oldham, Poole, Reading, Redcar
and Cleveland, Rochdale, Rotherham, Sandwell, Sefton, Slough,
Solihull, Southend-on-Sea, South Tyneside, St. Helens, Stockport,
Stockton-on-Tees, Swindon, Tameside, Thurrock, Torbay, Trafford,
Walsall, Warrington, Wigan, Wirral, Wolverhampton. Counties: Bedfordshire,
Buckinghamshire, Cambridgeshire, Cheshire, Cornwall, Cumbria,
Derbyshire, Devon, Dorset, Durham, East Sussex, Essex, Gloucestershire,
Hampshire, Herefordshire, Hertfordshire, Isle of Wight, Kent,
Lancashire, Leicestershire, Lincolnshire, Norfolk, Northamptonshire,
Northumberland, North Yorkshire, Nottinghamshire, Oxfordshire,
Shropshire, Somerset, Staffordshire, Suffolk, Surrey, Warwickshire,
West Sussex, Wiltshire, Worcestershire. London boroughs: Barking
and Dagenham, Barnet, Bexley, Brent, Bromley, Camden, Croydon,
Ealing, Enfield, Greenwich, Hackney, Hammersmith and Fulham, Haringey,
Harrow, Havering, Hillingdon, Hounslow, Islington, Lambeth, Lewisham,
Merton, Newham, Redbridge, Richmond upon Thames, Southwark, Sutton,
Tower Hamlets, Waltham Forest, Wandsworth. Cities and boroughs:
Birmingham, Bradford, Coventry, Leeds, Liverpool, Manchester,
Newcastle upon Tyne, Salford, Sheffield, Sunderland, Wakefield,
Westminster. Districts: Bath and North East Somerset, East Riding
of Yorkshire, North East Lincolnshire, North Lincolnshire, North
Somerset, Rutland, South Gloucestershire, Telford and Wrekin,
West Berkshire, Wokingham. Cities: City of Bristol, Derby, City
of Kingston upon Hull, Leicester, City of London, Nottingham,
Peterborough, Plymouth, Portsmouth, Southampton, Stoke-on-Trent,
York. Royal boroughs: Kensington and Chelsea, Kingston upon Thames,
Windsor and Maidenhead. Northern Ireland - 24 districts, 2 cities,
6 counties. Districts: Antrim, Ards, Armagh, Ballymena, Ballymoney,
Banbridge, Carrickfergus, Castlereagh, Coleraine, Cookstown, Craigavon,
Down, Dungannon, Fermanagh, Larne, Limavady, Lisburn, Magherafelt,
Moyle, Newry and Mourne, Newtownabbey, North Down, Omagh, Strabane.
Cities: Belfast, Derry. Counties: County Antrim, County Armagh,
County Down, County Fermanagh, County Londonderry, County Tyrone.
Scotland - 32 council areas: Aberdeen City, Aberdeenshire, Angus,
Argyll and Bute, The Scottish Borders, Clackmannanshire, Dumfries
and Galloway, Dundee City, East Ayrshire, East Dunbartonshire,
East Lothian, East Renfrewshire, City of Edinburgh, Falkirk, Fife,
Glasgow City, Highland, Inverclyde, Midlothian, Moray, North Ayrshire,
North Lanarkshire, Orkney Islands, Perth and Kinross, Renfrewshire,
Shetland Islands, South Ayrshire, South Lanarkshire, Stirling,
West Dunbartonshire, Eilean Siar (Western Isles), West Lothian.
Wales - 11 county boroughs, 9 counties, 2 cities and counties.
County boroughs: Blaenau Gwent, Bridgend, Caerphilly, Conwy, Gwynedd,
Merthyr Tydfil, Neath Port Talbot, Newport, Rhondda Cynon Taff,
Torfaen, Wrexham. Counties: Isle of Anglesey, Ceredigion, Carmarthenshire,
Denbighshire, Flintshire, Monmouthshire, Pembrokeshire, Powys,
The Vale of Glamorgan. Cities and counties: Cardiff, Swansea.
You
May Use This Form to Establish a New Limited in Great Britan ?
Welcome to the small business start-up guide. Setting up a small
business involves a number of important steps if you want to get
things right first time. We cannot cover every element of small
business start-ups in a single guide, so we have provided links
to further information where more detailed information is available
- particularly in areas such as taxation. Start-up and running
a business is a time consuming task - you need to be dedicated
and focused and able to structure your time in order to be successful.
The rewards of starting up your own business can be great, but
think carefully if you have the attributes and right sort of personality
to cope with going it alone. You will need to decide what business
structure you will trade under (sole trader, limited company or
partnership) and what obligations and responsibilities you will
have as the owner of a new business. We can act as your Company
Secretary and provide registered office facilities for an annual
fee. This would include dealing with the annual statutory compliance
work, maintaining the statutory records of the company, completing
and filing the annual return, filing of the annual accounts, maintaining
the registered office to ensure all documentation received is
dealt with promptly and efficiently and ensuring that the company
meets its statutory deadlines for filing of the annual return
and accounts.
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. Dear
visitors, while having a chat session with a customer, we are
frequently requested to give a piece of advice on tax planning
or business structuring. We would like to inform you that it is
against our principles to provide online advice pertaining to
these issues. The points that may be covered during a session
include service description, package or service price, navigation
at our website, ways of making an order, methods of payment etc.
Yet, if you wish us to provide you with advice on tax or business
structuring, you should be aware that this service is chargeable.
Small and medium-sized enterprises (SMEs) together accounted for
more than half of the employment (58.2 per cent) and turnover
(52.4 per cent) in the United Kingdom. In terms of the legal status
of these companies - again using the same government data, over
2.5m are sole proprietors, just under 1.m are companies (limited
companies in the main), and 540,000 are partnerships.
Setting up and running a business is a time consuming task - you
need to be dedicated and focused and able to structure your time
in order to be successful. The rewards of starting up your own
business can be great, but think carefully if you have the attributes
and right sort of personality to cope with going it alone.
With our new online electronic companies set-up
system, we take you through each step of your private or guarantee
(non-for profit) company creation process as quickly and as simply
as possible. 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. You will be registered as the founding director
and shareholder of the company, this means that you can open your
doors for equity or debt financing from other sources since the
company is actually registered in a real persons name who is responsible
for the operations of the company. We appreciate that not everyone
likes to place orders over the Internet, preferring to place orders
by phone, fax or even post. We are happy to take orders through
any of these methods, but prefer to have the order in writing
to avoid any possibility of error. This form can be completed
on your computer (on screen) and then saved and e-mailed to us.
To Download This Offline Order Form Simply ?
Shareholders in liability companies are not responsible for company
debts, although if required, directors may be required to guarantee
loans or credit granted to the company. The higher-level requirements
for U.K. limited liability companies are as follows: company must
be registered at Companies House. Annual accounts must be filed
at Companies House. Annual Return must be completed each year
to update Companies House with basic details relating to the company.
Also requires a small annual fee. Inland Revenue must be informed
if the Company has any profits or taxable income in a company
year. Company must complete an annual Inland Revenue corporation
tax return and pay the due taxes within nine months of the company
year-end each year. Anyone employed by the company must pay income
tax and national insurance on their income.
Private Limited Companies, the most typical setup
for small UK businesses cannot offer shares to the public, but
may have any number of shareholders. Each Private Limited Company
must have at least one director to make management decisions and
a company secretary. PLC's (public limited companies) differ from
Private Limited Companies in that they are allowed to offer shares
to the public to raise funds (with shares issued to a minimum
value of £50,000). Each PLC must have at least two directors
to make management decisions and a company secretary.
E-Quick Company Incorporation Package
For Just £42.00. Our products start from just £42.00
for our E-Quick service. This package offers fast electronic company
registration documents and like all of our incorporation products
is usually completed with in 6-8 hours. All our companies are
full trading companies, this package includes the electronic submission
and start-up of your company at Companies House, Electronic Certificate
of Incorporation (.pdf. format) & Memorandum and Articles of Association
(.word. format) Our fast few hours start-up service which enables
you to appoint your own directors, secretary and registered office
details straight away. Your company is then submitted for incorporation
with your choices as the original company officers. This procedure
applies to all or packs with the payment of all Government Duty
to Companies House Cardiff or Edinburgh. This package is sent
directly to you by e-mail. Our online formation order form ALLOWS
a customer to add more services: domain name registration, free
0800/0870, 0845, 0207 telephone numbers (receive faxes, setup
voicemail. Forward calls to mobile and land lines, nationally
and internationally), Notarisation & Apostille, etc.
If you have opted for the Registered Office Address Service as
part of our Company Services you will be able to use our address
as your registered office address on all your business stationery.
To give the impression you are based in either or central London
(W1, WC1) or Finchley Road (NW3) (in additional to London addresses
we may offer you addresses in Edinburgh or Glasgow (Scotland))
you can use our offices as your own Trading Office Address. Depending
on your individual requirements we would be happy to hold mail
for collection or to be forwarded on to you as per your instructions.
Mail Box Service: the Mail Box Service will enable you to have
your mail delivered to our offices and forwarded to you anywhere
within the UK or abroad and can be used in conjunction with the
Registered Office Address Service if required.
All business owners and managers will recognise it is of paramount
importance to present the right company image and give the right
impression at all times. For potential new customers their first
impressions are vital, whilst it is beneficial to remind existing
clients and suppliers they are doing business with a thoroughly
professional team.
Our attitude is that a virtual receptionist should provide a telephone
answering service as part of your team. A telephone answering
service should handle calls in a friendly and courteous manner
and definitely not sound part of a call centre, you want to create
a professional impression if you have a real office or a virtual
office.
You now have the opportunity to access our unique blend of, state-of-the-art
technology and good old-fashioned personal service. The results
are an efficient and cost effective solution for your business,
and an impressive service for your callers.
You
May Use This Form to Incorporate a Limited Company ?
Economy UK Business Registration Package- £117.00.
This package has all the features of our E-Quick business incorporation
package but also has the provision of having your company registered
office address. This service is particularly useful for smaller
companies, such as those being run by a sole director from home,
where a separate address for service of routine paperwork from
authorities such as Companies House and the Inland Revenue may
be required for various reasons.
All our companies' creation packs are electronically incorporated
at Companies House with no requirement to complete any old style
paper forms! All England and Scotland registered companies are
legally required to have a registered office address. It is the
address of a company to which Companies House letters and reminders
will be sent. The registered office address can be anywhere in
England and Wales (or Scotland if your company is registered there).
The registered office address must always be an effective address
for delivering documents to the company, and to avoid delays it
is important that all correspondence sent to this address is dealt
with promptly. You may want to consider the benefits of using
our registered office address as detailed below:
Our registered office address will be recorded at Companies House
and all official mail will be forwarded to your designated address.
If you want to be a Scottish registered company and governed by
Scottish law then you will need a registered address in Scotland.
We can provide you with a prestigious address in Edinburgh. For
British companies owned by overseas residents it is a legal requirement
to have a local registered address where official government mail
can send. Please note that this address SHOULD NOT be used for
any trading purposes or general correspondence, or for any form
of advertising. The address is only to be used to comply with
the requirements of the Companies Act 1985 in relation to official
mail and documents.
You
may use this form to incorporate a new company ?
Premier Starting Package - £192.00. Premier
starting company registration packages are our premier offering.
They combine all of the features of the Economy package and also
add the provision of the prepaid nominee secretary services of
our company secretarial team. The nominee company secretary service
is ideal for sole directors unable to find someone to take on
this role. Our annual fees for company nominee secretary appointment
are £75.00. This covers our appointment as secretary. Our
annual fee includes the cost of processing the company's Annual
Return each year. If you would like us to undertake specific company
secretary services then we will quote you the likely fees either
on an annual or task-by-task basis.
This package designed to meet the requirements of those who do
not want to appoint a second person to their company. The Companies
Act requires a minimum of two officers to be appointed at all
times. If you are in business on your own it can often be difficult
to find someone else to take on the role of company secretary
as they maybe unsure of their legal obligations and responsibilities.
The nominee company secretary service will need
to be renewed after one year.
You
may use this form to incorporate a new company ?
Deluxe Limited Company Set-Up Package - £ 317.00.
This package includes registered office, nominee secretary for
12 months (includes processing annual return) and NOMINEE DIRECTOR
SERVICE (incl. General Power of Attorney). If you do not wish
to disclose director and shareholder names and other personal
details for the registration, we can provide a nominee director
and a nominee shareholder. Usually one share is issued to the
company director, who will issue a Declaration of Trust in favor
of the company owner. This service has been designed to allow
our clients to retain their privacy for legitimate reasons in
a world where your personal information can easily be obtained
by anyone that knows where to look. This service is not to be
used for any illegal purposes. We have designed a specialist service
to provide our clients with anonymity from their limited company.
By appointing our corporate nominee director you can remain anonymous
from your company, as no personal details will be recorded at
Companies House. You will still control the company as an authorised
representative but it will not be possible to search Companies
House records to identify you. If you combine the nominee director
service with our nominee shareholder and nominee secretary then
no reference will be made to you at Companies House. You will
however still retain full control and ownership of the company
through our specialist agreements. To establish your business
entity go to the appropriate order form page.
You
may use this form to incorporate a new company ?
Normally establish or acquisition of a limited
company at the beginning is a very quick and informal process.
Of course the company will require professional advice and professional
services during its development. Our consultants can help you
to start-up your business and support it in many ways during its
development. As ancillary services to the formation of UK companies,
we can offer you the following services:
Nominee Directors
from - £125.00
Nominee Company
Secretaries from - £75.00
Nominee Shareholders
from - £100.00
Registered
Office from - £75.00
Maintenance
of Statutory Registers and Filing of Annual Returns
Preparation
of Special Resolutions from £50.00
Bank Introductions
from - £250.00
Day-to-day
Administration
Telephone
Answering
Post Office
Box
Computerised
Book-keeping and Production of Periodic Financial Statements
Assistance
with International Audit Requirements
Completion
and Filing of Annual Returns from - £90.00
General Power
of Attorney
Notarial and
Apostille Services from £70.00
Open an Online
Banking Checking Account
Rent Office
Space in London
UK Work Permits
and UK Work Visas
International
Reinvoicing Services
With our new online electronic companies registration system,
we take you through each step of your private or guarantee company
start-up 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. You will be
registered as the founding director and shareholder of the company,
this means that you can open your doors for equity or debt financing
from other sources since the company is actually registered in
a real persons name who is responsible for the operations of the
company.
We are one of the leaders in the field of registering and forming
limited companies for all businesses and professional intermediaries.
We deliver an unbeatable service at highly competitive rates.
As the low-cost registration and limited company incorporation
specialists, we understand that small businesses have small budgets.
We provide a complete service when setting-up in business. This
includes not only business registration and accountancy but also,
virtual office and UK-toll free telephone numbers services. With
us dealing with all this you have more time to focus on making
your business profitable. We have come up with a unique fast-track
company setting-up system which will allow you to own a company
and sign on its behalf in as little as 6 hours. Unlike most firms
offering this service, our system is completely transparent and
easy-to-follow, with all costs being clearly outlined up-front.
We have taken the pain and waiting out of registering a company
in the United Kingdom, and we guarantee a quick and painless turn-around.
We want to make the establishment of your company in the United
Kingdom quick and easy. We have come up with a unique fast-track
system which will allow you to own a company and sign on its behalf
in as little as 6-8 hours. Unlike most firms offering this service,
our system is completely transparent and easy-to-follow, with
all costs being clearly outlined up-front.
Coddan is a provider of virtual office services,
including PO Box hire, mail forwarding, phone answering and street
address registration for both private and business users wherever
you are in the world. Coddan aims to provide you with a service
that's second to none. That means providing you with an individual
and flexible service which we will adapt to match your business
requirements. It means always investing in the latest technology
so whether you are a large business or a private individual, you
will always benefit from the most up-to-date facilities. Your
calls will be routed to your own team of trained receptionists
who will answer calls in your company name and according to your
specific instructions.
Our services include: Your own private London Post Box (PO Box)
and / or a central London street address. Mail collected, sorted
and forwarded to you wherever you are or held for you to arrange
collection. Professional phone answering with your business or
personal greeting. Services such as fax broadcasting to improve
communications or increase awareness of products and services.
Email messaging and bulk email marketing and SMS text messaging.
City
of London Virtual Office With Mail Forwarding and Telephone Answering
?
Give your business the first impression it deserves! We act as
your receptionist handling all incoming calls in your company
name. We can either take messages or patch calls through to either
another landline or mobile - fantastic for businesses based around
mobile, remote or multi-site employees. Any messages taken will
be forwarded to you by the delivery method of your choice - email,
SMS or fax. We can also ensure that specific messages are delivered
to different individuals.
We take as many details about your business as we can so that
we can give callers directions, provide them your opening times
or web address details. Call us now and we can provide you with
your own unique 0207 or 0870 telephone number, or a 0800 number
with our receptionists ready to take your calls in less than 24
hours! You can use our prestigious London Address For Mail Receipt
And Forwarding, allowing you to read your office mail in your
own home or office, anywhere in the world. You can use our prestigious
London address on your stationery and for mail forwarding. Unlike
Accommodation Address services, your Virtual Office Account allows
you to use our full street address, without the need for a PO
Box number or Suite Number. We will receive and hold your business
mail or post for forwarding according to your instructions, with
mail forwarded on a daily, weekly or monthly basis.
Order
Off-The-Shelf Company ?
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INCORPORATE YOUR BUSINESS IN THE UNITED KINGDOM. STARTING
IN BUSINESS
Our online registration system has been updated
to include online nomination of company Director(s) and Secretary
for an even faster service. You can now set-up a new company online,
usually within three hours. It takes just minutes to enter your
details, and submit a registration form. You get everything you
need to incorporate your company and start trading. You can also
appoint your own directors and secretaries online.
How the process works. We have introduced a new, faster way of
completing the English and Scottish companies incorporation process.
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 e-mail 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 registering 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
English or Scottish company will be registered 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 company 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 incorporation
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.
Before starting: I want to make sure that we can appoint our own
director & secretary details straight away from beginning. We
(Coddan) confirm that all the incorporation details that you will
provide to us in the order form (Director, Secretary and Shareholder
details) will be used for the limited company formations, indeed.
In distinction from other service providers in the United Kingdom
we do not appoint our nominees during the process of registration
in order to file their resignation thereafter and force our clients
to appoint their own officers. It makes no sense, since a client
may face certain problems in this case. First, having incorporated
a company, a customer may be unaware that he has to fill in additional
forms. Second, it will take some time to appoint new (corporate)
company officers, sign a designation form and file it with Companies
House. However, it should be noted that a company (corporate)
that has no officers cannot exist more than two months. And finally,
a customer closing a transaction with you may be surprised to
find out that there has been another director (secretary or shareholder)
in your company. Thus, we ensure that all the information provided
by you in the order form will be used for the purposes of incorporation.
For a limited company you need a minimum of one secretary and
one director. If you have only one director, two separate people
must hold these appointments. The secretary may also be a director
if you have more than one director. There are 3 sections to fill
in: the appointment type - director, secretary or shareholder.
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.
Incorporating and registering your limited company. Now that you
have made up your mind that you are going to run your business
through a company this section tells you what to think about and
how to plan it. Deciding your objects. Any company must define
what it is and what it is for. This is done in document known
as memorandum of Association. The memorandum is a form specified
by regulations, must be submitted to the Registrar of Companies
and will state, among the other things: the company's name, the
place of registered office of the company, the objects of the
company, that the liability of the members is limited, the amount
of share capital and its division into shares. Let us briefly
deal with each of these in turn.
Choosing the name. You can choose any name you wish, subject to
a few obvious conditions. You may choose a name if: someone else
already registers it; it requires the approval of the Secretary
of State because it is 'sensitive'. This could be so if, for example,
it contains the words, International, British, European, etc.
It contains words which other relevant bodies might object to:
for example, Police, Royal, Charity, etc. This list is by no means
exhaustive but you can see the difficulties that may arise if
your intended name is too similar to that of another company or
gives the impression that it is something which is not. Watch
this carefully as that other company could object and your company
be directed to change its name with the additional expense that
entails.
Location the registered office address. This is 'official' address
of the company where anyone can get in touch and where certain
statutory information is held. The Memorandum only asks you to
state whether it is in England and Wales, or in Wales, or in Scotland.
Once this 'domicile', as it is known, is established the actual
address can be moved within the domicile but not outside it. For
example, if the domicile is England the address can be changed
from Liverpool to London but not Liverpool Edinburgh. Example:
The Registered Office of the company will be situating in England
and Wales.
Defining the objects. Although a company can, as a separate legal
person, acquire rights and incur liabilities, its powers are slightly
less extensive that a real person. A real person can do anything
not prohibited by law but a company can only do what is authorised
by the objects clause in its Memorandum. It is not, however, necessary
to go into great detail here as it generally recognised that the
main object of the business can be defined by a very general trading
clause which will not inhibit the company from carrying any objects
it wishes. In other words, for all intents and purposes, you will
be able to do anything you wish within reason and within the law.
Limiting your liability. The fourth clause of a Memorandum provides
that the liability of the members shall be limited. What does
this actually mean? In simple terms states that the member, meaning
a shareholder, is liable to contribute any more that the nominal
value of his shares. Once you have paid for your shares that are
the extent of your liability. This is obviously a comforting thought
if anything goes wrong. Example: The liability of the members
is limited.
Calculating your capital. The memorandum must state the amount
of the authorised capital, sometimes known as the nominal capital,
and the division of that capital into shares showing the value
of each. There can be different classes of shares but for this
purpose we will assume there is only one. Example; The Share Capital
of the company is £1,000 divided into 1,000 ordinary Shares
of £1.00 each.
Acquiring your company. There are two ways of setting yourself
up in business. You can do it by: starting a business on your
own or in partnership or buying an existing business.
Starting your own business. If you are setting up your business
on your own you may wish to start with a brand new company. This
can be done in two ways: buy a new or custom-made company with
your own choice of name. Buy a ready-made company which has never
traded. This is known as buying a company off-the-shelf. Both
of these methods can most easily be done through us.
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ACCOUNTING AND BOOKKEEPING SERVICES TO BUSINESSES LARGE AND
SMALL, ACROSS LONDON AND THE HOME COUNTIES
Whether yours is a new or a mature business, ensuring
that you have the necessary finance is essential for achieving
your objectives. Indeed, one of the most common causes of business
failure is badly structured or inadequate financing. We can help
you:
Conduct a
feasibility study of your projects
Decide on
the most suitable sources of finance - personal capital, bank
overdraft, long-term commercial loans and mortgages, national
and regional agencies, venture capital, or equity capital
Prepare the
necessary business plan, forecasts, prospectuses, etc.
Present your
proposals to your chosen finance source
Arrange a
disposal, merger/acquisition, or management buyout/in
Our expertise
and contacts will help you open doors that may otherwise have
remained closed for you.
Bookkeeping
& accounting. We can relieve you and your staff of an enormous
burden by taking care of all your bookkeeping and accounting needs,
including the preparation of your annual accounts. Our first step
is to work with you so we can gain a full understanding of your
business. We then tailor our approach to your requirements so
we can provide exactly the service you need. Besides your core
bookkeeping, we can also maintain your VAT records, prepare and
audit your group pension fund, and take on short-term projects
to relieve your staff of any temporary overload. But perhaps the
most important part of this service is the preparation of management
accounts. These are vital to the continued success of your business.
We discuss your requirements with you and provide you with tailored
information and constructive advice on a regular basis.
International
services. No man is an island; and these days few businesses
are. Rapid globalisation, the growing importance of the EU, and
the burgeoning growth of the Internet as a business medium are
all conspiring to add an international dimension to UK businesses.
Trading with overseas companies, selling to overseas markets,
and setting up overseas operations all require expert knowledge.
We can help you:
Set up accounting
procedures for dealing with the euro or other currencies
Determine
the best business structure for tax purposes
Reduce your
overseas tax burden
Develop strategies
for financing overseas subsidiaries
Repatriate
profits at minimum tax cost>.
Payroll.
Administering your payroll can be time consuming and burdensome,
diverting energy and resources from the core activities of your
business. And the task is made all the more difficult by the growing
complexity of taxation and employment legislation and the accompanying
regime of penalties for non-compliance. We have dedicated staff
who can relieve you of this burden by providing a comprehensive
and confidential payroll service, including:
Customised
payslips
Administration
of PAYE, national insurance, statutory sick pay, statutory maternity
pay, etc.
Completion
of statutory forms, including year end returns, to issue to your
employees and submit to the Inland Revenue
Summaries
and analyses of staff costs
Administration
of incentive schemes, bonuses, and ex-gratia and termination payments
Administration
of pension schemes
Even if you have only a few employees, you will make savings by
engaging us to administer your payroll.
Strategic
planning. Everyone knows that a successful business must
plan ahead, but all too often the pressures of keeping the business
going on a daily basis mean that strategic planning is not given
the attention it needs. The result is often rushed judgements,
over- or under-capacity, or missed opportunities. Every business
owner needs a planning adviser who has the time and space to take
the long view and advise on appropriate courses of action before
it is too late. With years of experience advising the local business
community we have a wealth of experience and expertise for you
to draw on. Contact us today for a planning review.
Audit
Services. Though business owners traditionally regard the
annual audit and preparation of annual accounts as a cost centre
- a necessary evil that adds no value to the business - we strive
to transform it into a profit centre. Besides helping you meet
the statutory requirements, we also take the opportunity to conduct
a review of your financial and management systems. This can often
result in our identifying potential problem areas and recommending
opportunities to improve your business performance. We discuss
the problems and opportunities with you and help you implement
any agreed solutions. We see the preparation of your annual report
as an opportunity to enhance your external image. A well-prepared
report can have a considerable positive impact on the perceptions
of investors, potential finance sources, customers, prospect,
referral sources, and even your own staff - all of which greatly
improves your business prospects for the future.
Corporate
tax planning. Corporation tax represents a substantial
part of your trading costs. Moreover, the increased reporting
obligations, robust investigation policies on the part of the
tax authorities, and harsher penalties for non-compliance mean
that an undue amount of your time and resources can be taken up
collecting revenue for the Government. We offer a range of services
to help you minimise your corporate tax exposure and relieve you
of the administrative burden of complying with tax legislation.
These include:
Determining
the most tax effective structure for your business
Taking full
advantage of tax opportunities and reliefs
Achieving
the optimum capital or revenue tax treatment
Reducing tax
on disposals and maximising relief on acquisitions
Making the
most of tax opportunities specific to your industry
Meeting the
rigorous demands of compliance including corporation tax self
assessment
Acting on
your behalf in discussions with the tax authorities
Efficient
corporate tax planning can result in potentially significant improvements
in your bottom line.
VAT.
Value added tax is one of the most complex and onerous tax regimes
imposed on business - so complex that many businesses inadvertently
overpay or underpay VAT. The ever widening scope of VAT, the constant
stream of detailed changes to the regulations, and the ever growing
demands of Customs and Excise call for a trained professional
eye to ensure that you do not fall foul of the regulations and
do not pay the Exchequer more than you need to! We provide an
efficient cost effective VAT service, which includes:
Assistance
with VAT registration
Advice on
VAT planning and administration
Use of the
most appropriate scheme
VAT control
and reconciliation
Help with
completing VAT returns
Planning to
minimise future problems with Customs and Excise
Negotiating
with Customs and Excise in disputes and representing you at VAT
tribunals.
Estate
planning. Few of us like to think about dying, but equally
few of us could live with the thought that we have not made adequate
provision for family and friends who survive us. The legislation
that governs passing on your estate to your chosen beneficiaries
requires you to plan well in advance. Since none of us knows when
we shall die, this means making the necessary provisions now.
The earlier you make the arrangements, the greater your chance
of taking full advantage of the tax opportunities available and
thereby maximising the amount that goes to your beneficiaries.
Nothing is more demoralising than the thought that a substantial
slice of the wealth you have worked hard to accumulate will end
up in the Government's coffers! It is equally important when planning
to transfer your estate that you make adequate provision for yourself
and your spouse in your later years. Striking this balance calls
for considerable skill and foresight - and a detailed knowledge
of the tax regime. We provide a discrete estate planning service
that includes:
Help with
drawing up and reviewing your will
Making full
use of exemptions and lower tax rates on lifetime transfers
Optimising
lifetime transfers between spouses
Transferring
agricultural or business property
Transferring
assets into trust
Arranging
adequate life assurance to cover potential inheritance tax liabilities.
We strongly advise you to begin your estate planning right away
by contacting us for a preliminary review.
Trusts
& executorships. Trusts are relatively easy and very tax
efficient way to set aside assets for future beneficiaries outside
of the inheritance tax net. We can advise on the most suitable
type of trust for your purposes, set up trusts, and provide a
full range of accounting services for trusts. We can also advise
you on the preparation of your will. Where appropriate, we can
act as trustees or executors.
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