A limited company’s date of incorporation is the date that it is registered at Companies House in England and Wales, Scotland, or Northern Ireland. On this date, the limited company comes into existence as a distinct legal ‘person’ that is separate from its members and directors, can buy property its own name, and is responsible…
If you change your company name, you must update the name on your business bank account as soon as possible. The company name on this account – and any other legal agreements or contracts set up in your company name – must exactly match the official name that is registered at Companies House and displayed…
To gain publicity for your company, it must be completely discernible from its competitors. You’ve got to ensure that consumers will instantly recognise your products and be inclined to purchase those products without thinking twice. This is achieved through effective branding, which includes a relevant and recognisable company logo. According to the American Marketing Association…
Setting up a business email address is an important part of your overall branding strategy, but it’s a relatively simple and inexpensive task. Below, we will discuss the options available to you and explain why you should give careful consideration to the account provider and business email address you choose. Why you should set up…
Limited company guarantors, also known as ‘members’, can be individuals or corporate bodies. Whether they become members during or after incorporation, a guarantor of a limited company is essentially an owner of the organisation. They have ultimate control of the company, they delegate powers to the company directors, and they commit to pay a fixed…
If you decide to close a company, you will need to satisfy a number of requirements, and the dissolution process will depend on whether your business is solvent or insolvent – i.e., does the company have enough money to pay its bills? If your company is able to pay its bills, it is solvent and…
Meetings and resolutions are an essential part of running a successful limited company. You may have to hold board meetings of the directors and general meetings of the members (shareholders/guarantors) when important decisions need to be made. Whenever any such formal meetings take place, certain rules and procedures must be followed to comply with company…
If you have hopes of relocating and wish to move your company from Scotland to England, you’ll be happy to know that you can establish your business and trading operations anywhere you like. Regardless of where your company is registered, there is nothing to prevent you from moving your business to a new location or…
Dissolved companies are companies that have been struck off the register and are no longer in existence. This means that a dissolved company name can be registered by a new or existing company. There are no legal restrictions in place to prevent the use of these names, aside from the standard company name rules and…
A shareholder owns and controls a limited company through the purchase of one or more shares. A director is appointed to manage a company on behalf of its shareholders. Whilst the roles of directors and shareholders are completely separate and very different, it is normal for one person to hold both positions. Alternatively, a limited…
Limited companies have a range of filing and reporting requirements to perform for Companies House and HMRC on an annual and as-needed basis. It is the responsibility of company officers (directors and secretaries) to submit annual Confirmation Statements, annual accounts and Company Tax Returns by their statutory filing deadlines. Corporation Tax must also be paid…
To register a company in Northern Ireland, you must submit an incorporation application to Companies House Belfast. It’s an incredibly quick, simple, and affordable process that you can carry out online. Below, we explain what information you need to provide and how to file your completed application form to the Registrar of Companies in Northern…
