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E-Quick Package |
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 £ 52.00 | No Renewal fees | | |
 This is our most popular package with UK residents, and includes:
 Submission of applications that details company's executive officers (£1,000 authorised shared capital, a minimum of one share may be issued)
Holding company formation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
The appointment of your own candidates as directors and secretary (a minimum of two people are required)
The following documents will be e-mailed to you (Note: these documents are to be printed and signed):
Electronic Certificate of Incorporation (PDF)
Electronic Memorandum & Articles of Association (MS Word)
Minutes of the First Meeting of Directors (MS Word)
Share Certificates and company Register
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Economy Package |
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| £ 102.00 | Renewal fees from £50.00 | | |
This is our most popular package with EU residents, and includes:
Submission of applications that details company's executive officers (£1,000 authorised shared capital, a minimum of one share may be issued)
Holding company registration is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
The appointment of your own candidates as directors and secretary (a minimum of two people are required)
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Annual Return and Annual Account reminder
The following documents will be e-mailed to you (Note: these documents are to be printed and signed):
Electronic Certificate of Incorporation (PDF)
Electronic Memorandum & Articles of Association (MS Word)
Minutes of the First Meeting of Directors (MS Word)
Share Certificates and company Register
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Premier Package |
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| £ 151.95 | Renewal fees from £99.95 | | |
This is our most popular package with small business, and includes:
Submission of applications that details company's executive director (£1,000 authorised shared capital, a minimum of one share may be issued)
Holding company incorporation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
Applicant appointment of director for company (appointed electronically)
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Nominee company secretarial service for 12 months (next year - £49.95)
Annual Return and Annual Account reminder
The following documents will be posted to you (these documents will be sent via Royal Mail):
The original laminated Certificate of Incorporation
A bound copy of the Memorandum and Articles of Association
The Minutes of the First Directors' Meeting
Two printed share certificates and Company Register
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Deluxe Package |
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| £ 276.95 | Renewal fees from £224.95 | | |
This is our most popular package with overseas residents, and includes:
£1,000 authorised shared capital, a minimum of one share may be issued
Holding company registration online in UK 6-8 workday hours
Payment of UK legal and initiation fees
A registered office address for 12 months, provided by Coddan
Renewal application of following year's fees of Registered Address
Company secretarial service for 12 months
Coddan provides a company nominee director service for 1 year
The name of the nominee director & secretary will appear as a public record
Annual Return and Annual Account reminder
The following two hard bound copies of corporate documents will be posted to you (Note: these documents are sent to you through Royal Mail Service, and are to be completed upon arrival):
The original laminated Certificate of Incorporation
A bound copy of the Memorandum and Articles of Association
The Minutes of the First Directors' Meeting
Two printed share certificates and Company Register
A pre-signed, undated letter of resignation from the nominee director
A General Power of Attorney signed by nominee director
An indemnity Letter for General Power of Attorney
A nominee service agreement which provides for the indemnification of the nominees
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| Business Start-Up: Legal Requirements | | |
Holding Company subscribers may be residents outside the UK.
You must appoint a minimum of 1 Director.
There is no maximum number of Directors.
Directors can be corporate bodies or private individuals.
A Director can be of any nationality.
Directors need not be formally trained.
All companies must appoint a company Secretary.
Secretaries can be corporate bodies or private individuals.
A Secretary can be of any nationality.
If there is only ONE Director he or she CANNOT also be the Secretary.
A U.K. company must have a minimum of one shareholder who may be a corporate body or an individual.
There is no maximum and no minimum share capital.
No restrictions on meeting locations.
There must be a minimum of one share in issue.
The maximum is determined by the share capital as specified.
The company is required to have a registered office in the UK.
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(click here for other packages)
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Company Formation Home Page >> UK Company With Bearer Shares >> Holding Entities: United KingdomHOW TO INCORPORATE A HOLDING COMPANY? MUTUAL HOLDING COMPANY FORMATION & UK FINANCIAL HOLDING COMPANY INCORPORATION Definition holding company: Holding Company is a company that usually confines its activities to owning stock in and supervising management of other companies. A holding company usually owns a controlling interest in the companies whose stock it holds. The UK government has introduced a corporation Tax Exemption for the capital gains of companies with substantial shareholdings in other companies. The legislation sets up the UK as a major international holding company location, and is likely to draw business away from the Danish and Benelux international holding company regimes.
Welcome to online Holding Companies formation agent website. We offer electronic holdings company formation and electronic filing of documents. We also offer nominee secretary and Registered Office facilities in addition to companies incorporation. We will register a new company with your intended directors, company secretary, registered office and shareholders all in place and recorded at Companies House at the time of registration, although we can of course still use our nominees for incorporation purposes if you prefer. We complete all the minutes, statutory registers and official documents on your behalf, and ensure that all necessary forms and resolutions are correctly filed with the Registrar of Companies.
If you want to become familiar with the description and the contents of online English and Scottish holding companies start-up packages, offered by Coddan and to find above, what kind of service is included in this or that company incorporation package, to get an idea about the price of annual fees, please, select the package you need from the list, situated below the banner. The information in the banner will be renewed according to the package you've chosen. All of our Memorandum and Articles of Associations were reviewed and approved by a volunteer U.K. lawyer.
Holding companies exist for legal, commercial and tax reasons. For years it was accepted that the alternatives were either the Luxembourg company established under the 1929 legislation or the Netherlands company enjoying the participation exemption. However, during the last decade various European countries have introduced holding company regimes and many multinationals now face the problem of selecting the right jurisdiction in which to establish their holding company.
An international group requires three things from a holding company. First, the holding company must be able to take dividends out of the operating company free of withholding tax or at a lower rate of withholding tax by virtue of a tax treaty or under the EU Parent/Subsidiary Directive, and to dispose of its investment in the operating company without any liability to capital gains tax or its equivalent in the operating country. Second, some provisions in the domestic laws of the holding company jurisdiction should wholly or largely exempt such dividends and capital gains from local tax. Third, the international group should have the ability to take dividends out of the holding company without giving rise to any charge to tax in the holding company jurisdiction. Additional tax considerations may include the existence of a controlled foreign company (CFC) rules, thin capitalization and the ability to obtain interest deduction in full, corporate and local tax rates in respect of other income and any other taxes, for example, capital gains tax and stamp duty.
 Compare Prices of Various Forms of UK Companies » All Inclusive UK Holding Company Formation? I Want to Check Your Packages & Costs |
If you are incorporating a holding company or company limited by guarantee, wish to register company limited by shares or need to form or apply to set-up a public company, or if you wish to buy a ready-made (of-the-shelf) company - Coddan can help. Once you have decided on which business entity to incorporate, simply take a few moments to fill out our online order form. We will then draft and file your formation documents with the Companies House to register your business as a Private Limited Company, Non-Profit (or Guarantee Company), Flat Management Company, Public Limited Company, Branch or Subsidiary Company. If you have any questions about the companies or partnerships incorporation then please E-Mail or call us: Call FREE 0800 081 1510, Overseas Residents: +44 845 020 4269 or +44 20 7748 3039, Fax: +44 20 7681 3318.
 The formation of limited companies within 6-8 hours if ordered before 11:00 and Companies House permitting* (Companies House then aim to respond to electronically filed documents within 6-8 working hours. Although this is not always possible, it does generally mean that if you placed an order before midday on a normal working day we can have your company registered by the end of that same day. Most companies are incorporated within 24 hours of application although there may be occasions where the process can take longer due to circumstances beyond our control) - from only £42.00 - full documents, no activation fees, your own officers, freephone help and advice online (various packages available). For our overseas clients we are also able to obtain Certificates of Good Standing and Apostille at competitive prices. You May Use This Form to Register a New UK Holding Company » Click Here if You Want to Incorporate a UK Holding Company Online  |
Live Help » Live Help is a real time "chat" feature which enables you to interact with a customer service representative without a phone call. Get answers to your questions while using our website. Clicking the "Live Help" button will start an on-line session with one of our representatives. Live Help is currently available during normal business hours. Outside of the above opening hours our business center will be closed. When you click on the button you will see an e-mail form that will allow you to send us a mail with your questions. Live Help is absolutely free! There are no hidden fees. We offer the service as a courtesy to our website visitors. Dear visitors, while having a chat session with a customer, we are frequently requested to give a piece of advice on tax planning or business structuring. We would like to inform you that it is against our principles to provide online advice pertaining to these issues. The points that may be covered during a session include service description, package or service price, navigation at our website, ways of making an order, methods of payment etc. Yet, if you wish us to provide you with advice on tax or business structuring, you should be aware that this service is chargeable.
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| 1. Holding Company subscribers may be residents outside the UK.
2. You must appoint a minimum of 1 Director.
3. Directors can be corporate bodies or private individuals.
4. A Director can be of any nationality.
5. All companies must appoint a company Secretary.
6. A Secretary can be of any nationality.
7. If there is only ONE Director he or she CANNOT also be the Secretary.
8. There is no maximum and no minimum share capital.
9. There is no minimum share capital, no paid-in capital requirement.
10. The holding company is required to have a registered office in the UK.
 +44 (0) 207.748.3039
+44 (0) 800.081.1510
 + (1) 877.557.5939
 info@usaformation.com |
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HOLDING ENTITIES. WHAT IS A HOLDING COMPANY? Holding companies as companies the purpose of which consists exclusively or primly in the administration of assets or in participation in or the permanent administration of interest in other enterprises.
Can a foreign-resident and domiciled person use the services of a UK trustee tax efficiently? There are three taxes to consider here: income tax, capital gains tax and inheritance tax. For income tax purposes, a foreign resident and domiciled settlor may retain the services of a UK-resident trustee without creating any adverse income tax consequences so long as there is at least one non-UK resident co-trustee. For capital gains tax purposes, the basic rule is that if all or a majority of the trustees of a trust are resident outside the United Kingdom, and the general administration of the trust is carried on outside the United Kingdom, the trustees will not be within the charge to capital gains tax. However, a UK-resident professional trustee of a trust which only contains settled property from a foreign resident and domiciled person will be treated as non-UK resident for the purposes of that trust. In such a case, where the trustees or a majority of them are or are treated - in relation to that trust - as not resident in the United Kingdom, the general administration of the trust will also be treated as not carried on in the United Kingdom. So, accordingly, a foreign resident and domiciled settlor may retain the services of a UK-resident trustee, so long as there is at least one other trustee who is non-UK resident (the income tax requirement) and the UK-resident trustee is a professional trustee (the capital gains tax requirement), without creating any adverse income tax or capital gains tax consequences. For inheritance tax, the residence of trustees is not a relevant factor.
Can a UK-incorporated company be non-resident? Prior to the enactment of s.66 Finance Act 1988, it was perfectly possible for a company incorporated under the laws of one of the constituent countries of the United Kingdom to be non-UK resident. All one needed to do was ensure that the company's central management and control was at all relevant times exercised outside the United Kingdom. SECTION 66 REMOVED THIS FLEXIBILITY. It provided that, subject to certain grand-fathering and transitional rules, a company which was incorporated in the United Kingdom would thenceforth be regarded for all UK tax purposes as resident in the United Kingdom, irrespective of where its central management and control was exercised. Where, however, a company is regarded for the purposes of any double taxation agreement as resident elsewhere, it is treated as non-resident for domestic purposes. Examples of UK tax treaties commonly used to take advantage of this provision are those with Barbados, Cyprus, Mauritius and Switzerland.
Is a UK-incorporated company an appropriate international group holding vehicle? A UK-incorporated company is in principle within the charge to corporation tax on its worldwide income and capital gains. However, if a UK-incorporated holding company holds only shares in subsidiary companies and all of those subsidiary companies are trading companies, the new "substantial shareholder" exemption from corporation tax may exempt a capital gain arising on a disposal of some or all of the shares in those companies. A UK-incorporated holding company will own a "substantial shareholding" in another company, i.e. the investee company, if it owns shares by virtue of which: it owns not less than 10% of the investee company's ordinary share capital; it is beneficially entitled to not less than 10% of the profits of the investee company available for distribution to equity holders of the investee company; and it would be beneficially entitled on a winding up of the investee company to not less than 10% of the assets of the investee company available for distribution to equity holders.
The UK-incorporated holding company must have owned the shareholding for a certain period of time before the disposal in order to qualify for the exemption. In short, in the two years prior to disposal, the UK-incorporated holding company must be able to show a continuous period of ownership of at least twelve months. Finally, the UK-incorporated holding company, in addition to having owned a substantial shareholding throughout the requisite continuous twelve-month period, must be either a sole trading company (and obviously where it is a pure holding company it will not be) or a member of a trading group, both throughout the requisite period of pre-disposal ownership and - crucially - immediately after the time of disposal. In terms of the investee company, it must have been a trading company, a holding company of a trading group or a holding company of a trading sub-group throughout the period beginning with the start of the UK-incorporated holding company's requisite continuous twelve-month ownership period and ending with the time of disposal, and immediately after the time of disposal. It is also worth remembering that any non-UK resident subsidiary company of a UK-incorporated holding company will be a controlled foreign company and, therefore, the controlled foreign company regime will need to be considered.
The UK holding company of overseas subsidiary companies already performs creditably as an international holding company. Consider the following: the United Kingdom has the widest network of double tax treaties in the world, and is also a signatory to the EU Parent / Subsidiary Directive. Given the quality and extent of the UK's tax treaty network, it is arguably the best performer in the important discipline of extracting overseas dividends at the minimum tax cost. Whilst the United Kingdom offers no exemption from UK corporation tax on foreign income dividends, it grants double tax relief by way of a credit for foreign corporation tax underlying the dividends provided that the company holds, directly or indirectly, at least 10% of the share capital of the company from whom the tax credit is claimed. Where the underlying foreign corporate tax rate is 30% or more, then the credit will normally be a complete relief from UK corporation tax - and therefore as good as an exemption. It is significant that the UK has lower rates of corporation tax than most other industrial nations. The UK is remarkable in not imposing any withholding tax on dividends distributed by UK companies to UK non-resident shareholders. It therefore outperforms the other leading holding company locations in this regard.
The United Kingdom has always had substantial non-tax attractions as a location for the holding company of an international group. The Headline corporate tax rate is the lowest of the major economies and generous interest relief provisions reduce taxable profits and make the effective tax rate even lower. The UK has an extremely extensive network of double tax agreements. Unlike many of its European counterparts, the UK does not have capital duty on share subscriptions and there is no withholding tax on dividends paid by United Kingdom companies, irrespective of the residence of the shareholder.
Legislation exempting capital gains on the disposal of substantial shareholdings took effect 1 April 2002 in advance of the publication of the 2002 Finance Bill which will enact the legislation retrospectively. This participation exemption is a major development and one which makes the UK even more attractive. For many years the business community has argued for the introduction of a "participation exemption" on capital gains and dividends to bring it in line with a number of other European jurisdictions in particular the Netherlands. The new legislation meets these demands whilst setting out certain conditions and anti-abuse provisions and effectively sets the UK ahead of its competitors in respect of its holding company facility.
For capital gains exemption the investing company must have held a substantial shareholding in the company invested in for a period of twelve months within the two years prior to the disposal. It is not therefore necessary for the investing company to have a substantial shareholding at the time of the disposal to qualify. A substantial shareholding is at least 10% of the ordinary share capital of the company invested in and 10% of the rights to profits available for distribution and assets on a winding up.
The investing company must be either a sole trading company or a member of a trading group throughout the period beginning with the start of the last twelve month period in which the substantial shareholding requirements was met, and ending at the time of disposal and also immediately after the disposal.
"Trading" in this sense extends to preparing to carry out a trade or to acquiring a significant interest in the share capital of another trading company or holding company of a trading group (subject to the proviso that the interest acquired is not already a member of the acquiring company's group).
The investing company must be a "qualifying trading company" or a "qualifying holding company" throughout the period beginning with the start of the last twelve month period in which the substantial shareholding condition is met and ending at the time of the disposal and also immediately after the disposal. The definition of a "qualifying trading company" is one which does not carry on to any substantial extent non-trading activities such as holding intellectual property and ownership of land or assets as investments. A "qualifying holding company" is one which together with its 51% subsidiaries does not carry on to any substantial extent non-trading activities.
Whilst the legislation marks the UK out further as an attractive jurisdiction for holding company purposes it is important to remember that exemption applies only where the conditions set out in the legislation are met. The investing company must be a trading company immediately after the disposal. If as a consequence of a disposal, a company ceases to be a trading company or the holding company of a trading group because its non-trading activities comprise more than 20% of its activities, the gains will not be exempt.
United Kingdom owned groups have frequently used intermediate holding companies to hold shares in overseas trading companies. This has been done for a variety of reasons including getting the best mix of tax rates. With the advent of the new legislation the need for such intermediate holding companies is now questionable and the cost of establishing and maintaining such companies may no longer be justified in many situations. The withholding tax suffered on distributions via an intermediate holding company is more likely to be more than would be the case if the UK parent owned the company directly.
There may be tax planning opportunities in eliminating the overseas holding companies. In particular, if such companies have retained profits, it may be possible to bring those profits onshore tax-free. In June 2002 the UK government introduced a capital gains tax exemption for UK companies with substantial shareholdings in another company. The new rules have now been clarified and apply to UK registered companies, foreign registered companies resident in the UK for tax purposes, as well as UK branches of companies registered outside the United Kingdom.
The following requirements must be observed: the Investing company (or Holding company) must hold at least 10% of the ordinary share capital of the Subsidiary company for at least 12 continuous months (then 12 months must not begin more than 2 years prior to the disposal of the shares). The Investing company (or Holding company) must be a trading company by itself or a holding company of a trading group during the 12 months period mentioned above. The Subsidiary company must be either a trading company by itself or the Holding company of a trading group for the whole of the 12-month period. Trading activities mean activities in a trade, profession, or vocation carried on, on a commercial basis with a view of generating profits. Similar provisions apply for group companies.
THE UK AS AN INTERNATIONAL HOLDING COMPANIES LOCATION Legislation passed in 2000 has given us a new form of UK-incorporated entity - the limited liability partnership. The key characteristics of a limited liability partnership can be summarised as follows. An LLP is a separate legal entity under UK law. It is a body corporate. It has unlimited capacity. All the members of an LLP have limited liability - which is in contrast to the 1907 Act limited partnership, where at least one member must have unlimited liability. All of the members can - and commonly will - participate in the carrying on of the LLP's business. The relationship between the members themselves, and that between the members and the LLP, may be governed by a written membership agreement: any such agreement will be a private document, and it is not filed at Companies House. So long as the LLP is carrying on a trade, profession or other business (which includes an investment business) with a view to profit, it will be fiscally transparent for income tax and capital gains tax purposes. However, the sting in the tail is that annual returns and annual accounts must be filed with the Registrar of Companies. In addition, an annual tax return will need to be filed with the Inland Revenue. But if the LLP does not carry on any trade in the United Kingdom, and has no other UK-source income, that tax return will be a nil return.
For an LLP to be incorporated there must be at least two persons associated for carrying on a lawful business - which, as we have already said, includes an investment business - with a view to profit. Those two persons can be individuals, companies, trustees or partnerships and they can be resident anywhere in the world. The process of incorporating an LLP is similar to that for a limited company. An LLP is incorporated by delivering an incorporation form. This contains details of the name of the LLP, its legal domicile, the names and addresses of each of its members and its registered office address. The form must be delivered to the Registrar of Companies. An LLP must have at least two designated members. In the event that an LLP has no designated members, or only one, every member of the LLP is deemed to be a designated member. Designated members have certain duties to perform - for example, the signing of the accounts and the delivering of the accounts to the Registrar of Companies. Their responsibilities are akin to those of directors of a limited company.
In tax terms, the profits and losses of an LLP are attributed to its members in accordance with the terms of the profit and loss sharing arrangements set out in any membership agreement, subject only to statutory adjustments in respect of, for example, relief for losses. Furthermore, the profit and loss sharing ratios can be changed between the members themselves at any time, and any such change can be effected without giving rise to any adverse UK tax consequences. That being so, if all the members of an LLP are non-resident and the LLP does not carry on a trade in the United Kingdom but it carries on a trade, profession or other business outside the United Kingdom, there will be no income tax or capital gains tax issues for the members themselves, and in respect of the partnership return, as we have already mentioned, it will be a nil return.
Finally, it should be noted that s.267A of the Inheritance Tax Act 1984 states that, for the purposes of that Act, members of an LLP own the property of and carry on the business of the LLP, and any dealings between the members and the LLP are simply dealings between the members themselves. In other words, for inheritance tax purposes, an LLP is fiscally transparent. That is quite different from a general partnership and a limited partnership.
In the late 1990s Scottish partnerships suddenly became international tax planning vehicles. Scottish partnerships became attractive for three reasons: first, Scotland was not on the blacklist. Secondly, Scottish partnerships are - unlike English partnerships - separate legal entities. Thirdly, and finally, Scottish partnerships are fiscally transparent for income tax and capital gains tax purposes. There are many UK tax and financial services questions to consider when advising on the establishment of Scottish partnerships for foreign nationals. In particular, there is the question of trading in the United Kingdom through a permanent establishment, having in mind that a Scottish limited partnership needs to have, in the first instance at least, its principal place of business in Scotland. And one needs to consider the question of inheritance tax on the value of each partnership interest, because, although an LLP is fiscally transparent, general partnerships and limited partnerships are not. Finally, one needs to bear in mind that UK source income arising to a Scottish partnership will be taxed in the usual way.
ONLINE UK HOLDING COMPANY FORMATION AND SEARCH SERVICES WITH FREE NAME CHECK, ENQUIRY AND ORDER FORMS AND ONLINE PAYMENT OPTION Coddan provides services to new and existing businesses including private company limited by shares, holding company, and subsidiary company formations services, from ready-made companies to own name incorporations in United Kingdom, Northern Ireland and Scotland.
Our e-formation service eliminates the need to complete Forms 288a (to appoint the directors and secretary), making the process of forming a company even easier and quicker. With our new online electronic company formation system, we take you through each step of your company incorporation process as quickly and as simply as possible. Our specialist knowledge and vast experience enable us to provide a fast, efficient, and professional service, and one which a great many businesses have been founded and built upon to date. Once you have completed our online order form and your new limited company is in the processing stage of being registered at Companies House you will receive an order acknowledgement from us by email. Documents we send you via email for the electronic E-Quick Formation Package (£115.00) are: Certificate of Incorporation - in PDF format, special Memorandum & Articles of Association, First Minutes of Directors meeting, share certificates, Registers of Members, Directors and Secretaries, Directors Interests, Company charges - in Word format.
It's a simple process to register your company. All you need to do is use the free availability check to see if your chosen company name is available. If so, then fill out a few details using the online forms, enter your payment details, and submit your application. No documents to sign. We form companies with you as the first directors, secretary and shareholders. Our online order form is a completely web based application, whereby all the company details are entered into our system and submitted electronic through The Companies House Filing Service.
How it works. Choose from our selection of company formations: E-Quick, Economy, Premier or Deluxe. Enter your contact and company directors, secretaries and shareholders details using our online order form facility. You are sent immediate confirmation via email of your transaction from WorldPay and ourselves. You will receive your company documents in a short time, typically six hours (*If ordered before 11:00 and Companies House permitting). It's that simple!
 E-QUICK Holding Company Formation Package - £115.00 (with no hidden costs!). With our new online electronic company incorporation system, we take you through each step of your company formation process as quickly and as simply as possible. Coddan provides a cost-effective, rapid service for incorporating companies. Our UK company registration process is completely electronic, with no forms to complete, making us one of the few fully electronic company formation services in the UK. Once you have incorporated your company with us, we also provide online processing for the following Companies House forms: Form 287 - Change of registered office; Form 288a - Appointment of company secretary or director. These forms are raised automatically when you edit your company details in our unique company database. All you need to do is tell us the name of the company that you would like to form and then leave the rest to us. Your new limited company will normally be formed within 6-8 working hours of request, and minutes later you will receive your Certificate of Incorporation" by email. Documents we send you via email for the electronic package are: Certificate of Incorporation - in PDF format, Special Memorandum & Articles of Association, First Minutes of Directors meeting, share certificates, Registers of Members, Directors and Secretaries, Directors Interests and Company charges - in Word format. Additional services are available. With all of our formations, the Certificate of Incorporation, the Memorandum of Association and the Articles of Association are all sent to you electronically, by email as Adobe Acrobat files. Acrobat is a free reader program so you don't need anything else to view and print your documents.
You will be registered (incorporated) as the founding director and shareholder of the company, this means that you can open your doors for equity or debt financing from other sources since the company is actually registered in a real persons name who is responsible for the operations of the company.
All companies must have officers. This means at least one director and a company secretary for a private limited company, and at least two directors and a company secretary for a public limited company. Section 283(1) of the Act says every company must have a secretary. Section 283(2) states that a sole director cannot also be the secretary. Generally it is up to the members to appoint the people they believe will run the company well on their behalf. The only restrictions that prevent anyone becoming a director are: the person must not have been disqualified by a court from acting as a company director (unless he or she has been given leave (permission) to act by a court for a particular company); the person must not be an undischarged bankrupt (except with leave of the court); in Scotland, anybody under the age of 16; and for a PLC or their subsidiaries, anybody over the age of 70 unless specifically approved by a general meeting of the company.
Not only is you application processed faster, it is much more accurate and you can even modify any of the previously entered details; and it is very economical too. Other agents form companies using agent director then resign and transfer the shares to your directors. The presence of these agent directors and shareholders leads to confusion and delay when opening bank accounts, or anything involving credit transactions for your company like opening a merchant account or lease arrangements.
You May Use This Form to Establish a Holding Company » E-Quick Start Up Package - £115.00 (incorporation, government taxes and government fees are included) |
 ECONOMY Holding Company Formation Package - £190.00. All our company formation packs are electronically formed at Companies House with no requirement to complete any old style paper forms! Your new company will be formed on the same day (subject to Companies House) in the name you choose (where possible). Our packages are designed to give you everything you need at little cost. If you do not see what you are looking for call us and we will endeavour to solve your problem. All UK registered companies are legally required to have a UK registered office address. It is the address of a company to which Companies House letters and reminders will be sent. The registered office address can be anywhere in England and Wales (or Scotland if your company is registered there). The registered office address must always be an effective address for delivering documents to the company, and to avoid delays it is important that all correspondence sent to this address is dealt with promptly. The registered office address cannot be a PO Box; it must be an address where legal papers can be served. The company's name should also be displayed outside of the premises. You may want to consider the benefits of using our registered office address as detailed below.
Our registered office address will be recorded at Companies House and all official mail will be forwarded to your designated address. We will also display your company name outside of our offices as required by law. If you want to be a Scottish registered company and governed by Scottish law then you will need a registered address in Scotland. We can provide you with a prestigious address in Edinburgh. For UK companies owned by overseas residents it is a legal requirement to have a UK registered address where official government mail can sent. Please note that this address should not be used for any trading purposes or general correspondence, or for any form of advertising. The address is only to be used to comply with the requirements of the Companies Act 1985 in relation to official mail and documents.
Users of our registered office service must keep us informed of any change to their forwarding address and telephone, fax or email contact points. If clients' mail is returned undelivered we will be obliged to inform the appropriate authorities of our inability to establish contact with the officers of your company. A renewal invoice is issued each year several weeks prior to the renewal date. If payment is not received this service ceases. You must immediately notify us of your new registered office so we can inform Companies House. In the event that a new registered office address is not provided to us we are obliged to inform Companies House of your last known contact details and advise them that your company no longer seems to have a qualifying registered office. If they then determine that your company is no longer compliant with the registration requirements for limited company they may decide to delete your company from the Register.
Please note registered office address is not to be used for general correspondence; our trade mail service is available for this purpose. The registered office address will also be used by the UK tax authorities, and other government departments, to contact the company. In the event the company is involved in any legal action official papers will often be served at the registered office address.
Does the registered office address have to be my main trading address? No, you can use one address as your trading address and another address for your registered office. If you are trading from home you may want to consider using one of Coddan prestigious addresses as your registered office and using a local PO Box for general correspondence.
The company stationery, including the letterhead, should contain the company’s official name, as registered with Companies House; the company’s registered office address; the registration number or license number; the VAT registration number (if any); and the place of registration, i.e. England & Wales or Scotland.
You May Use This Link to Register a Holding Company » Economy Package - £190.00 (incorporation, government taxes and government fees are included) |
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UK Company With Bearer Shares
Holding Entities: United Kingdom
