How do You Set Up a Limited Company?

Answer

samtheman

To set up a limited company in the UK, you need to first register it at the regulatory body known as Companies House where its annual accounts will be filed. The process of setting up the company includes the completion of documents such as the Memorandum of Association, Articles of Association and Form IN01. These documents will include information on names and addresses of the contributors forming the limited company, shareholder's rights and director's powers among other details concerning the company.

Ask.com Answer for: how do you set up a limited company

How do I set up a limited company

Setting up a limited company is one way in which you can structure a business. A limited company (as opposed to a sole trader or a partnership) is a separate legal entity distinct from its shareholders or members and directors. Certain steps must be... More »

Difficulty: Moderately Easy

Source: www.ehow.com

4 Additional Answers

MarthaMaven

To set up a limited company, first, choose a name for the company and then designate directors and a secretary. Next, file a Memorandum of Association, your Articles of Association and Form 10 and Form 12 with Companies House. Lastly, contact your local HM Revenue and Customs office to inform them of the company's incorporation.

Formation of a limited liability company involves lodging certain documents at Companies House, which is the government agency responsible for registering companies. There is also a legal requirement to create and maintain certain registers (this is discussed further below). Generally there are four documents required to be lodged at Companies House, namely, the Companies House form 10, the Companies House form 12, the Memorandum of Association and the Articles of Association. In some rare cases (e.g. where special permission from some other agency is required in respect of the proposed company's chosen name) other documents may need to be lodged also.

francisvoyage

There are two ways to set a limited company: online or registering with the Companies house. The first step is to register with the Companies House and file the annual accounts of your company there. The profits and taxable income of the company also needs to be filed with the HMRC (including VAT information). Learn more about forming a Limited company here http://www.freelanceuk.com/become/set_up_freelance_company.shtml

Before your business can begin operating as a limited company, it has to be registered with the Registrar of Companies at Companies House and annual accounts must be filed each year to update Companies House with basic details relating to the company. HMRC must be informed if the Company has any profits or taxable income in a Company year. The documents that must be completed include the Memorandum of Association Memorandum of Association and Form IN01

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how to set up a public limited company?

1. Choose a name for your public limited company. Company names cannot be offensive or misleading, and must be unique. 2. Designate directors and a secretary. According to businesslink.gov.uk

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What is a Limited Liability Company?

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A public limited company is a company that issued securities through an initial public offering and which are traded on at least one stock exchange. You can find more information

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