• Starting a limited liability company in the UK is not complicated, Company formation requires the completion and authentication of two Company House forms, Company house form IN01 being the particulars of the first directors, secretary and registered office.
• A limited liability company registration can carry substantial benefits to medium sized self employed businesses protecting proprietors from unlimited personal liabilities in many but not all circumstances; while tax advantages often provide the impetus for a limited company formation with incorporation having distinct advantages in bringing together partners, shareholders and raising capital. Company formation is not a step to be taken lightly.
• Following company formation directors of a limited liability company carry significant responsibilities for the conduct of the company, preparation of statutory books and financial accounts, informing Company House of changes and submission of the annual returns with fines and penalties imposed for breaches of conduct.
• Forming a limited liability company applicants need to first carry out a name search with Company House to check the limited liability company name is suitable and available and then complete Company House Forms IN01 and submit this with the Memorandum of Association, Articles of Association and the Company House registration fee. These documents being supplied by DIY Accounting as a UK company formation agent, the Memorandum of Association being written by a Chartered Secretary with over 20 years practical experience as a Company Secretary.
• The private company limited by shares formation pack includes Table A Articles of Association while the private limited company by guarantee includes a combined memorandum of Association and Table C Articles of Association. 
• DIY Accounting provides two levels of service as a limited company formation agent to complete the limited liability company registration by providing and preparing the documents required for submission to Companies House and checking company formation documents in respect of the limited company registration as follows:

• Free Company Formation Service provided

  Client responsibility

  PRIVATE LIMITED COMPANY BY SHARES FORMATION DOCUMENT PACK Following payment clients are directed to a confirmation page from where the company formation package can be immediately downloaded Copies of Company House forms IN01 in PDF format. Articles of Association, Table A and Memorandum of Association containing a standard short form of the main objects clause. A blank share certificate and an excel file of statutory registers are also provided for use subsequent to incorporation

  Conduct a company name check with Company House to ensure the proposed name is available and suitable. Complete and sign forms IN01. Send Company House forms IN01 with the Memorandum & Articles of Association to Company House with the registration fee. Company House supply the Incorporation Certificate direct to the proposed limited liability company's registered office. CLICK HERE to visit the download page Email support is not provided with this private limited company by shares registration package.

   

Companies have previously registered under the Companies Act 1985 which has now been replaced with the Companies Act 2006. The regulations with the Companies Act 2006 have been introduced over a number of years and have been put in place as of 1st of October 2009. To comply with the Companies Act 2006 the DIY Accounting Company Formation packs incorporate the new company registration form INO1 and the new Table A and Table C model set of Articles of Association.

The main changes to the Companies Act 2006 allows a clear statement of general duties for the director to explain the existing case law based rules, enables greater electronics communication for communications with shareholders, allowing a service rather than home address on public record, includes the ruling of at least one natural director of at least 16 years, no longer requiring companies to specify their objects on incorporation and that company name rules will be improved as well as articles forming the basis of the company’s constitution.

If you wish to ask a question please post your question in the DIY Accounting Teneric forum at

http://forums.teneric.co.uk/diy-accounting/

Review of a private limited company advantages compared with sole trader