Tag Archives: company formation agents

Email reminders for Annual Documents

Companies House state companies who have switched to email reminders from paper are more likely to file their accounts and annual return on time.

Recent analysis carried out of the Companies House reminder service, which tells companies when their accounts and annual return are due for filing, has shown that email reminders are more successful than paper reminders.

Those companies who have switched to email reminders have improved their compliance rates and, as a result, are less likely to get a penalty for filing their accounts late.

As a company user of Business tax Centre’s electronic filing system your company or companies logged on our system will automatically have this email reminders sent. There is no need to further register the service at Companies House

We recommend that all companies register for the email reminder service. Companies House do intend to withdraw paper reminders in the future as part of their aim to become a fully-digital organisation

How do I transfer shares between shareholders?

Here’s how to transfer your limited company’s shares

Transferring shares between shareholders in a UK limited company is not as simple as changing a company director. There is not a simple companies House form to be filed.

The transfer procedures first requires a completed stock transfer form.

Transferring shares between shareholders, which is from one person to another, means that shares are subject to a change in ownership. The stock transfer form is the document that details this change of legal ownership. The document requires the following information:

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Choosing a good company formation agent

You know you want to start your company formation; you know the easiest way is to handle your company registration online, but how? And who to choose? Is cheapest best? All company formation agents should achieve a company registration with Companies House, but have you got the best value for money from your company registration agent handling the company formation he has just undertaken on your behalf?

A company registration is a legal procedure best undertaken by a company formation agent who is qualified to undertake the company registration process. Many are professional accountants for solicitors who are supervised by their professional body for compliance and quality issues, they will also have Professional Indemnity Insurance which should help give you piece of mind. Look for the logo of the supervisory body on the website of the company formation agent you are considering or read the about us text on the online site. Your good professional company formations agent will be licensed by the relevant professional body for the company registration process. Here at Companies Registrations UK we are licensed and supervised by the Association of Accounting Technicians AAT).

The online company registration process is quite straight forward, after all the company registration is simply the online submission to Companies House of the required information to enable Companies House to decide if they will incorporate your company. But have you complied with the Companies Act? There are many aspects to the compliance requirements of the Companies Act, firstly the completion of the company registers and the issuing of share certificates for the subscriber shareholders. This also should extend to the minutes of the first meeting of the directors of the newly incorporated company.

A good company registration agent will provide a company formation package for you to choose as a part of the company registration online application to help you with these Companies Act compliance issue. At Companies Registrations UK we provide these compliance packages.

Do not waste time on your company registration

When you have a great idea for a business, it could be important that you waste no time in engaging in the company formation process. After all, if you have identified a gap in the market, it is vital you exploit it as soon as possible before someone else has the chance to muscle in on the area. Whether your idea concerns a type of product or service, there is no time like the present.

Thankfully, by utilising company formation agents like us here at Company Registrations UK, you can rest assured that the process will be efficient and that all the relevant legal issues will be dealt with. Indeed, by utilising our online company registration services, you can get on with the other crucial endeavours associated with establishing your enterprise.

There is much to do at this busy time, so the fewer distractions you have, the better. For example, you will have to formalise your business plan, secure any additional funding required and so on. If you come to us and decide to make use of our offerings, your company formation can be completed within three to six hours. In contrast, if you go it alone, you might waste considerable periods of time. After all, this is not an easy issue and if you have little or no experience in such matters, you might struggle. To find out more about how, as company formation agents, we might be able to assist you, simply take a look around our website or get in touch. You may well have no time to lose, so the faster you look into such issues, the better.

Select a great company name

If you are about to engage in a company formation, you will have to come up with a name for your company to provide to Companies House. At first, this issue may seem relatively straightforward. However, there are many different points you must bear in mind. Firstly, the company name you select may have a profound impact on your ability to succeed. After all, customer will deduce a great deal from your company name and in business, first impressions count for a lot. It is therefore vital that you put considerable thought into your name before you complete the company registration process. Meanwhile, it is also essential to check that the proposed name does not breach any rules on name endings, such as the so-called ‘same as’ regulations.

Furthermore, your title must not include a prescribed or sensitive word unless you get permission first. Also, when you are undergoing a company formation, your name must end with ‘Limited’ or ‘Ltd’. Another point to bear in mind is that the name mustn’t be offensive. When it comes to the company registration process itself, you can leave this to our expert team here at Company Registrations UK.

We have a great deal of experience in such matters and know all there is to know about them. This means we are perfectly placed to engage in the task on your behalf and you can trust us to complete the process successfully. Indeed, thanks to our efficient company registration systems, we can finish the task within a matter of hours.

Incorporation rejects due to s243 exemption

Companies House New Incorporations examination teams are rejecting a high number of Incorporation applications due to customers incorrectly ticking the “Section 243 Exemption” box.

Customers are reminded that this should only be ticked by an individual who is currently the beneficiary of, or in the process of applying for, a Section 243 Exemption. Please note, to be considered as ‘in the process of applying’, your application form must have been received by Companies House.’

Please do not tick the exemption box on the incorporation form unless you are in receipt of the exemption, this will only delay the incorporation of your company.

This exemption is only applicable to individuals who can prove they are at risk of violence or intimidation and serves as added security to protect their URA from being disclosed to credit reference agencies”.