Welcome to The Company Set-up where you will find a variety of information, articles and resources relating starting a new commercial business.
The purpose of this section is to ensure that our visitors have sufficient knowledge so that they are able to choose the type of company formation which is right for them.
Topics covered include general information on the numbers of companies registered in the UK and on starting a new business as well as more specific details on how to guarantee that incorporation will be completed on the same day.
The company set-up section is an extension of our frequently asked questions but covers individual areas in greater detail than a simple one paragraph answer.
Complete Formations welcomes ideas and comments from any of our visitors and would be delighted to receive suggestions concerning additional information which could be included within these pages.
We trust that you will find the resources listed below useful and hope that you will visit us regularly as we continue to update the range and depth of our coverage.
Company Formation and Tax Savings provides an example of how trading as a limited company as opposed to as a sole trader can potentially reduce overall taxation liabilities
Company Formation Statistics lists the numbers of incorporations which have taken place in England, Wales, Scotland and from October 2009 Northern Ireland. It also provides calculations on the percentage changes from one month to another. Archive company formations data from February 2006 is also available.
Directors and Secretary Requirements lists the numbers and type of personnel that are needed to comply with the latest company formation regulations. These will of course be updated for the Companies Act 2006 provisions due to take effect on 6th April 2008.
Directors Service Addresses discusses the Companies Act 2006 provision which enable company officers to protect their residential details. Introduced on 1 October 2009 the universal use of services addresses is one of many sweeping changes in recent company legislation.
Dormant Company Formation clarifies the position regarding the registration of a non-trading business entity. It also highlights how a company might change its status from or to dormant during its lifetime.
Formation Agents vs. Companies House evaluates the two different services which are available to the public. This articles attempts to provide a comprehensive analysis of the manual application option and that which is typically available from incorporation agents such as Complete Formations.
Issuing Shares is geared towards understanding the different between authorised and issued shares. It provides some useful advice and guidance on how many units should be issues upon the incorporation of a company.
LLP formation & UK Companies provides commentary and comparisons on some of the more salient aspects of limited liability partnerships and shareholder owned companies. The article covers topics from formation through to the running of each business type.
Nominees cover some of the aspects of using third parties in the roles of director, secretary and shareholder. It looks at some of the advantages of using nominees and the actual role they might play within a company.
Ready Made Companies focuses on the alternative to a new formation, that of purchasing a pre-formed company. It explores some of the motivations and consequences of this particular course of action.
Register a Company Name investigates the guidelines for choosing a name for a proposed incorporation. It also provides information on situations where a name is rejected by Companies House.
Registered Office explains the distinction between a business and statutory or official address and details how a change in the latter van be effected. In addition, it examines the merits of using a home address as a registered office.
Registering a Branch or Place of Business describes the requirements for oversea businesses to notify Companies House in situations where a trade is carried on in the UK through established commercial premises.
Same Day Company Formation states the conditions by which a set-up will be guaranteed to be finished on the day it is submitted. Although this service is offered at a premium, it can be suited to those scenarios where piece of mind is judged as valuable or where time is of the essence.
Starting a New Business provides a rendition of an often encountered situation converts to self employment might find themselves in. It discusses the transition from employment through to business start-up.
Statement of Capital introduces the new provision relating to how share information is transferred to Companies House. They are examples which relate to both single and multiple classes of shares and guidance on completing each part of the sections which it comprises.
Trading Standards and Descriptions for Goods and Services looks at the legal and ethical issues surrounding how products are marketed. It is meant as guidance only as what is acceptable must be judged on a case by case basis.
Types of UK Companies provides an introduction to the four main types which can be registered in England, Wales and Scotland. Further details relating to each one is reference on the page.
Users Guide for 1 October 2009 Provisions of the Companies Act 2006 provides both a useful synopsis and more detailed information on the new regulations as they affect the registration of UK companies and the information directors, secretaries and shareholders must provide in order to ensure a smooth incorporation through the Companies House system.
UK Companies and Living Abroad answers the commonly asked question regarding non UK personnel acting as an officer of a UK business entity.
Welsh Company Formation gives a synopsis on the relatively recent facilities available to use the natural language of Wales within the company’s constitution and in its communications with the Registrar in Cardiff.
Why Incorporate a Dormant Company? extends the topic (as highlighted above) to look at the reasons why such formations might be executed. Although some of the commonly used reasons are listed, there might well be others which relate to the idiosyncrasies of the individual case.
Working From Home – Disadvantages turns to the drawbacks of living and conducting business from the same location. Although some of the benefits of this practice are obvious, there might also be adverse consequences which should be borne in mind.