Understanding the Differences: Companies Limited by Shares vs. Companies Limited by Guarantee
Navigating through the various business structures can be complex, and among the myriad options available, companies limited by shares and companies limited by guarantee stand out as two distinctive choices. Both structures offer limited liability to their members but operate under different principles and serve divergent purposes. This article delves into the fundamental differences between these two types of [...]
Understanding the UK LLP Agreement: A Comprehensive Guide
A Limited Liability Partnership (LLP) in the United Kingdom represents a unique form of business structure, blending elements of traditional partnerships and limited companies. This article delves into the intricacies of the UK LLP Agreement, outlining its essential components, benefits, and legal implications, providing a solid foundation for entrepreneurs and business owners considering this option. What is a UK [...]
Unravelling the Mystery: What is a UK Certificate of Incumbency?
In the business world, establishing trust and credibility is paramount, especially when dealing with international transactions or partnerships. One document that plays a crucial role for UK businesses is the Certificate of Incumbency. But what exactly is this document, and why is it so important? This article aims to demystify the Certificate of Incumbency, explaining its purpose, contents, and [...]
Unlocking the Advantages: Why UK Companies Opt for a Registered Office
In the dynamic business environment of the United Kingdom, establishing a strong foundation is paramount for success. A crucial element in this process is deciding on a registered office for your company. This article delves into the myriad of benefits associated with utilising a registered office in the UK. Legal Compliance and Professional Image Legal Compliance: By law, every [...]
Why is a MailBox Service Perfect for Your Company
Whilst mailbox services have always been an invaluable solution for small businesses and sole traders alike; there has been a surge in the popularity of these services in recent years. The recent pandemic necessitated remote working for many UK businesses. Since that point the percentage of remote and hybrid working amongst the UK workforce remains higher than pre-pandemic numbers. [...]
What SIC codes should I use?
When forming a UK Company, you will be requested to detail SIC (Standard Industry Codes) for the business. Companies House do provide a pre-set list of SIC codes which you must select from. You must select at least 1 code, and can have up to a maximum of 4 in place. We would recommend that you use SIC codes [...]