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 [...]
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. [...]
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 [...]
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 [...]
The economic crime and corporate transparency bill is designed to tackle the activity of using assets, money or finance to obtain a profit through unlawful methods and using data for fraudulent purposes. The bill will include regulations which will affect all types of corporate entities including Limited companies, Limited partnerships and the registration of overseas [...]
Limited Companies (LTDs) and LLPs are sent paper reminders during the year. This is typically to file your accounts and to submit the Confirmation Statement on time. Companies House have announced that they will no longer be sending paper reminders by post. Company directors have a legal responsibility to file documents at Companies House. Failure to [...]
The recent Coronavirus outbreak has had an effect on every company around the UK. While companies are furloughing staff, business owners have an increasing amount of administration they must undertake to apply for government loans and assistance. Companies House have recognised the increased burden this is placing on business owners and have introduced temporary measures [...]
It is highly likely you will need to file a change of shareholder at some point for your limited company. The need to change the shareholders can be for a variety of reasons. The existing shareholders may wish to sell all or part of their share in the business. Alternatively a shareholder may have passed [...]
During the lifetime of a limited company it is likely there will be a need to change its address on multiple occasions. It is important to ensure accurate records are maintained as the company address is used by government offices and customers to communicate with the business. During the process of an address change there [...]
It is a legal requirement for UK companies to make their company registers available for public inspection and for the address to be displayed on Companies House. The SAIL address is a Single Alternative Inspection Location and can be provided to Companies House as the location a UK limited company or LLP stores their company [...]
