Most shareholders of UK limited companies need advice when making changes to the company structure or issuing a dividend. SFS provides a range of guides for limited companies to help owners of small businesses. Making adjustments to your company shares can be complicated and confusing. Re-structuring your company or simply recording the changes can seem [...]
All UK limited companies are required to provide a registered office address. So what are the legal requirements of a registered office? Government offices such as Companies House, HMRC and UK tax authorities will send letters to this address. This will include reminders to file documents and any legal notices served on the company. Companies [...]
You have decided to form a company but you are not sure how many shares you need to issue. UK companies are started to make a profit for the shareholders who are the owners of the company. When forming a new company you will need to issue shares to at least one person. UK companies [...]
What is a registered office? A registered office is basically an address of a company registered with Companies House. It works as the official address of that company, organisation or the legal entity. This is the address where letters and reminders from Companies House are sent. The registered office can be in England and Wales, [...]
Many companies start life with just one or two shareholders. This is typical for new company formations but you may find that the company needs to add new shareholders or change the share structure at a later date. If you find that your company needs to add one or more new shareholders there are two [...]
From 6th April 2016, it was a requirement for all UK Companies, LLP’s and social enterprises to keep a record of ‘People with Significant Control’ (PSC). UK Companies have to gather this information in preparation for filing an official register. UK companies aree required to record the information at Companies House from 30th June 2016. [...]
After its original announcement in 2014 the Small Business, Enterprise and Employment Act gained Royal Assent in March 2015. The scope of the Act is expansive and there will be significant changes to the laws behind corporate transparency, dispute resolution and statutory filing. Predominantly, the driving force behind the planned provisions is to increase trust [...]
When starting your own business you may ask yourself do I want to register a new company or should I buy a ready-made company? Ready-made companies can often be referred to as a ‘shelf company’. This is essentially a company which is pre-registered at Companies House. They have had no previous trading activity and has [...]
Throughout the life of a Limited Liability Partnership there are several statutory filing requirements to consider. The LLP's document filing requirements are comparatively similar to those of a Limited by Shares Company. Both the Confirmation Statement and the annual accounts will need to be filed each year. In addition to the reporting requirements with Companies [...]
Realising you have made a mistake when forming your company may be frustrating. You can take solace in the fact that more often than not, these errors are easily remediable. We can tell you from experience that it is not uncommon for errors to be made when forming a company online. This guide will outline [...]
