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Limited Liability Company Formation Articles under The Companies Act 1985 modified by the Companies Act 2006

A limited liability company formation carries substantial benefits to small and medium sized self employed businesses. A limited company private formation under the Companies Act 1985 as modified by the companies Act 2006 effectively creates a new corporate body, the limited company private distinct from the owners of the business, shareholders, which protects those owners from unlimited personal liabilities in the majority of circumstances and can carry significant tax advantages which vary from year to year. Company formation requires the submission of the incorporation details to Companies House which must be updated and confirmed each year through the Companies House Annual Return. Audited financial accounts must be filed annually with Companies House.

 

Benefits of Limited Liability Company Formation

 

Annual Return And Accounting Rules For A Dormant Company

The essentials required of a new limited liability company formation UK by incorporation and registration including tax advantages and disadvantages.

 

Rules apply to dormant companies accounting documents and submission to companies house that need attention even if company has not traded

No Frills Limited Liability Company Formation

 

Accounting Reference Dates For Private Limited Companies

Registration of a limited liability company in the UK is not a complex business. Four documents are required to create a limited liability company.

 

Business has a legal requirement to keep a set of annual financial accounts for tax purposes with rules governing the accounting year end date

Essentials of a Memorandum of Association

Name A Company Using The Company Name Search

Every limited company private registered in the UK must have a Memorandum of Association defining the scope, powers and objects of the limited liability company.

 

Choosing a name for company during formation is not difficult. A company name search of the company name register is important

Articles of Association during company formation

   

The Articles of Association of a limited company private  set out the rules and regulations by which the internal affairs of the company are governed.

   

What Happens After A Limited Liability Company Formation

   

Directors have immediate responsibilities in regard to the newly registered company. including share certificates, statutory registers, company name and a financial control system.

   

 

 

Company Formation Content Articles

"Limited company private formation articles under the Companies Act 1985, memorandum and articles of association, company name, tax advantages of registration"

 

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Last modified: 10/20/08