Guides are sorted from A-Z, simply click on the desired guide for more information.



STARTING YOUR OWN COMPANY

If you have decided to start up your own company, you are more than likely thinking about where you begin.

This all depends on the answers to the following:
 
The business models most people choose are:


Sole Trader
 



 

Limited by Shares

 
The majority of private companies registered in the UK are limited by shares.

This company structure is particularly popular as the company exists as a separate legal entity from the individual owner.

This means the owners have limited financial liability, so their personal finances are protected if the company encounters financial problems.

Incorporated status will greatly improve your professional image and business profile.
Limited companies are often more appealing to prospective clients and investors, giving the impression of a well-organised, established and reputable business.
When you register a company name it is protected and cannot be used by any other limited company or LLP.


What are the advantages of this type of company?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033



 

 

Limited By Partnership

 
A limited liability partnership is popular with professionals who normally operate as a partnership, such as solicitors, doctors and architects.

An LLP does not have any directors, shareholders or guarantors.
Instead it has members who are more commonly referred to as ‘partners’.
You must have at least 2 members to register an LLP.

LLP’s are taxed as partnerships, meaning they are not liable for corporation tax but each member is personally responsible for paying income tax and national insurance on their individual profit.

You need to make an LLP agreement with any other members as part of setting up your LLP.
This outlines how the LLP with be run such as, how profits are shared among the members, who needs to agree decisions, responsibilities and how members can join or leave the LLP.

Who would form an LLP?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Limited By Guarantee

 
Limited by Guarantee are most often formed by non-profit organisations such as sports clubs, workers’ co-operatives and membership organisations.

A company limited by guarantee does not have any shares or shareholders but is owned by guarantors who agree to pay a set amount of money towards company debts.

All profits will be re-invested to help promote the non-profit objectives of the company.

No profits will be distributed to guarantors.

Why would I incorporate a company limited by guarantee?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Charity

 
A charitable company are for those who have other people’s interests at heart rather than their own lives.

Starting up a charity has become a very popular option for people interested in helping others and making a difference to the world.

Many Charities open in response to an issue or world event that isn’t being addressed properly by the Government or society in general.

An important point to consider before setting up a charity is that you will not be able to conduct a mix of business.

You will not be allowed to do charitable and non-charitable work under the banner of your charity.

If you are intending to generate profit then you cannot register a charity.

What do I need before I start the registration process?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Property Management (PMC)

 
A property management company looks after property portfolio on behalf of their client base. Services are offered by property management companies include finding and vetting tenants, drawing up legal tenancy contracts, checking on how tenants are looking after the property, dealing with maintenance and repair issues and managing financing between the tenants and landlords.

Property management services are very much in demand, with landlords choosing to make their own lives easier, with the added benefit of knowing everything is compliant and legal
What information do I need to provide?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Right to Management (RTM)

 
Right to Manage is the right of leaseholders to form a company to take responsibility for the management of their block.
If you are a leaseholder, you may be interested in forming a Right to Manage company.
As managers of the building, you will be responsible for all decision making relating to budgets, the upkeep, repairs and overall management for services relating to the building.

An RTM company must be a limited by guarantee and its articles of association states its object, or one of its objects, is the acquisition and exercise of the RTM premises.

Who can become a member of an RTM company?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

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Call us: 0207 781 8033




 

Public Limited Company (PLC)

 
A public limited company (PLC) is a limited liability company whose shares may be freely sold and traded to the public with a minimum share capital of £50,000 and usually with the letters PLC after its name.

Public limited companies will also have a separate legal identity.

A PLC can be either an unlisted or listed company on the stock exchanges.
There are advantages to becoming a public limited company, especially if you are interested in raising capital for your business.

What are the advantages of setting up a Public liability company instead of a Private limited company?
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Companies House

 
Companies house deals with the regulation and incorporation of limited liability partnerships and limited companies in the UK.

As the official registrar of companies in the UK, they function in three separate countries: Northern Island, Scotland, England and Wales.

The main duties of Companies house include forming, inspecting, maintaining and dissolving companies along with storing and updating information, including annual accounts and Confirmation statements.

The information displayed on the register of companies can be accessed online by the general public as well as all businesses.
All electronic data is available free.

Data made available on the Companies House Beta service website include:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Authentication Code

 
A company’s authentication code contains six alphanumeric characters and is issued to all newly registered companies by Companies House.
It is often referred to as a Web Filing authentication code or a company PIN.

The authentication code is a company’s electronic signature, which you will need to provide when you file documents electronically or make any amendments to your company’s details online.
It is impossible to make any electronic or online changes without a company authentication code

When will I receive my company authentication code?
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

SIC Codes

 
An SIC code is a five-digit Standard Industrial Classification code which describes the main business activity of a company.

Each company selects one or more codes that express the nature of their business from a on official list of SIC codes.

It is a system used by Companies House and other bodies to identify what companies do and to sort them into a number of business categories.

The classification of each company is available for anyone to view on the public record.

How to find your Standard Industrial Classification (SIC) code:

Just follow the link below to Companies House webpage below:http://resources.companieshouse.gov.uk/sic/
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Corporation Tax

 
Corporation tax is paid by businesses in the UK, and is calculated on their annual profits, in a similar way to income tax for individuals.

Unlike individuals, companies don’t receive any kind of tax-free allowance, and therefore profits are taxable.

However, there are a number of expenses and deductions that can be claimed to reduce your bill.
You must submit a company tax return to HMRC once a year.

Who pays Corporation tax?
Corporation tax is payable by all UK limited companies.

If you are a sole trader or partnership, you won’t pay corporation tax.
Instead, you’ll pay income tax on your profits via a self-assesment tax return.

It is the responsibility of the company director to ensure that the corporation tax return has been submitted on time, and the tax bill has been paid – even if the company hires an accountant to prepare their calculations.

To find out more about Corporation Tax please visit the link below:
https://www.gov.uk/corporation-tax
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

HMRC

 
Companies House automatically notifies HMRC when a limited company or limited liability partnership is incorporated.

Soon after your business has been set up, you should receive a letter from HMRC at your registered office address advising you of the tax obligations and requirements, this letter will also contain your business Unique Taxpayer Reference (UTR).

What is a UTR number?
A company’s UTR is a distinct 10-digit number that HMRC issues to all new limited companies.
These UTR numbers are used to identify companies for all tax-related purposes.

How do I get my UTR number?
Companies House with notify HMRC once your company has been incorporated.
Within 14 days of the company formation, HMRC will send a letter to your registered office address with your UTR number.

If you do not receive this letter you can request for another copy on the HMRC website by clicking the link below:Ask for a copy of your Corporation Tax UTR – GOV.UK
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Registered Office Address

 
You must provide a registered office address when you set up a limited company.
This is where all communications will be sent, for example, letters from Companies House, HMRC, and other government bodies.

The address must be:
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Officer Address Service

 
An officer’s address service is an address that can be used as an alternative to a residential address.

A service address is needed by every limited company director as an official mailing address.


Their personal mail from HMRC and Companies House is sent to their service address.
Officer addresses have grown in popularity since 2009 to keep a residential address off public records and provide better protection for those who operate a business from home.

The residential address provided to Companies House can now be protected and only offered to individual approved bodies, including HM Revenue & Customs, the Police, and Credit Reference Agencies.

This allows company directors of sensitive companies not to have their address publicized by Companies House.

While initially used as a way for company directors to protect their residential address, service addresses are also used by many for personal use.

An ex-pat can use a service address to continue to receive posts in their home country.

It is beneficial for ex-pats who have sold their property and no longer have a permanent residential address to ensure that post is still viewed by the recipient, which arrives after leaving the home country.

This is a quicker method of viewing posts than other redirection services.

*You are able to add additional officer in your application.
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Trading Address

 
Companies that may rent a business premises to conduct their work such as, a workshop, warehouse or a suite of offices would be their trading address.

Your trading address is used for all your day-to-day business correspondences, such as paperwork from your suppliers, customers, deliveries, banking, and finance.

You can receive mail and parcels to your trading address, meaning it is often used as the business's returns address to protect the businesses' residential address. Unless your company is renting an office, the company trading address (aka business address) will be your home address.
When you open a company bank account it is this address that your bank will send the account details, chequebook, debit card, and other bank correspondence.

Your trading address should be prominent on any invoices you issue.
It is this address you want your clients sending purchase orders, payment confirmations, contracts for services etc.
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Non-Business Address Service

 
What is a non-business address service?
A non-business address is an address that you can have your mail and parcels redirected to that is not your residential address.

Many people choose to use a non-business address if they currently have to share mail facilities, live abroad or are travelling around the country and need a secure address for their post, want to separate their work and home life, or want the privacy and exclusivity of their own mailing address.

With this service, you can also choose the option to collect your mail; however, the correspondence must be collected each week on a day that suits you.
When your mail arrives, we can scan this to you or forward your mail onto another address except for another virtual address.

This will be charge to your account at the usual Royal mail rate + 15%.
If your mail is not collected within the week it will be automatically scanned.
Unscannable items will be disposed of if not collected within 30 days.
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

SAIL Address (Single Alternative inspection Location)

 
A SAIL address is where a company or LLP can keep its statutory records and make them available for public inspection.

There is no legal requirement to have a SAIL address.

A SAIL is optional.

It is an address other than the registered office where a company’ statutory records can be stored and inspected.

If you decide to use one, you must provide the address to details to Companies House and tell them what records are kept there.
This information will be placed on the public record.

If you do not use one, you are legally required to keep all statutory records at your registered office.

What records and registers can be kept at a SAIL address?

All of these registers are available for public inspection.
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

What is the difference between shareholders and directors?

 
Shareholders and directors have two completely different roles in a company.

The shareholders (also called members) own the company by owning its shares, and the directors manage it.

The same person can be both a shareholder and director.

Shareholders invest in a company by purchasing shares, each share which represents a certain percentage of the business.

In return for owning shares, members are entitled to vote on significant decisions and receive a portion of ant profit generated by the business.

Shareholders do not make day-to-day decisions, unless they are also directors. Instead they make decisions such as:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

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Call us: 0207 781 8033




 

Secretaries

 
A company Secretary is essentially responsible for all the company administration.
This means they are accountable for confirmation statements and and other important documents to Companies House, and they often take up a number of other administrative matters such as arranging board meetings.

A secretary cannot be the same person as the limited company director.

Company secretary duties:
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Person of Significant Control (PSC)

 
A PSC is any individual who owns, or is in control of your company.

The purpose of this requirement is to make the ownership and control of companies more transparent and to prevent money laundering and tax evasion.

It applies to all UK companies.

You can have one or more PSC’s and must meet one or more conditions below:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Add or remove a Director

 
A company director can be appointed during company formation and at any time after that.

Likewise, directors can resign or be removed at any point after incorporation, providing such actions are:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Add or remove a Shareholder

 
You can appoint (add) new company shareholders at any point after incorporation.

Existing shares must be transferred or sold by a current member to the new person.
Alternatively, you can increase your company's share capital by allotting (issuing) new shares.

Companies House needs to be informed about a shareholder leaving or changing at any point, or when members join or leave the firm, Transfers of shares should also be reported at the same time.

The full names and contact addresses of the first company shareholders, or 'subscribers,' are disclosed on the public record.

Any person who joins after company formation will only need to provide their name and details of their shares unless they are also a person with significant control.

The director's responsibility is to ensure that Companies House is notified of these changes and that the company's statutory register of members is updated accordingly.

*A Confirmation Statement need to be filled for both add or/and remove a Shareholder
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Issue new Shares

 
If you want to create more shares instead of transferring existing ones, you must increase your company's share capital.

You can do this by allotting new shares.

To allot new shares, existing members will need to waive pre-exemption rights on the allotment of shares.

The prospective members should deliver a letter of application to the company.

If required by the articles, the board of directors (or members) must approve the allotment and record it in the members' register.

Return of allotment' must then be completed with the following information:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]tureformations.co.uk

Call us: 0207 781 8033




 

Change value of shares

 
You must tell Companies House about any changes to your company's share structure that you make outside your annual return.

You may need a special resolution to change your company's share structure. This includes if you:
change the number of shares the company has and their total value - this is your 'share capital' (the part of your company's money that comes from shares.)
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Transfer of Shares

 
You must tell Companies House about any changes to your company's share structure that you make outside your annual return.

You may need a special resolution to change your company's share structure.
This includes if you:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Confirmation Statement

 
Every company needs to send a confirmation statement to Companies House once a year.

It verifies that the information they have about your company is up to date.

If you don’t send the confirmation statement to Companies House on time, you could be prosecuted.

All Limited companies and limited liability partnerships need to send a confirmation statement once every 12 months even if the company or partnership is dormant.

If your company details are all exactly the same and you don’t have any changes to report, all you need to do is ‘check and confirm’ the information held on the public record and submit.

You must provide Companies House with changes to your company, including:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Filling your Account

 
Before you start

You must get your accounts approved by your company directors before you file them.

After the end of its financial year, your private limited company must prepare:
 
ActionDeadline
File first accounts with Companies House21 months after the date you registered with Companies House
File annual accounts with Companies HouseNine months after your company's financial year ends
Pay Corporation Tax or tell HMRC that your limited company does not owe anyNine months and one day after your' accounting period' for Corporation Tax ends
File a Company Tax Return12 months after your accounting period for Corporation Tax ends


Apply to extend your accounts filing deadline

You can apply to extend your accounts filing deadline with Companies House if you cannot send your accounts because of an event outside your control - for example, if a fire destroyed company records before your filing deadline.

*You must apply for the extension before your filing deadline

What happens if I don't file my account?

You'll automatically receive a penalty notice if your accounts are filed after the deadline. You can be fined, and your company struck off the register if you do not send Companies House your accounts or confirmation statement.

For more information, visit the link below:
https://www.gov.uk/file-your-company-annual-accounts
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Make your company Dormant

 
A dormant company is a company that has been incorporated at Companies House but is not currently carrying on any kind of business activity or receiving any form of income.

A company can be dormant from the date of its incorporation, or it can become dormant after a period of trading.

Your company is usually dormant for Corporation Tax if it:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Company name change.

 
You can change your company name at any time after incorporation, as long as it adheres to all company name rules and regulations.

The change of company name can be authorised in one of two ways:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Dissolving a company

 
Dissolving a company, also known as ‘striking-off’ or ‘company dissolution’, is a way of closing down a limited company.

When a company is dissolved although it is no longer active the details remain on the public record at Companies House indefinitely.
To do this you must meet the following criteria:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Same Name and Sensitive words

 
You cannot register a limited company name at Companies House if the name is deemed the "same as" another limited company on the register at Companies House.

The following restrictions and requirements must be taken into account when choosing a company name:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Apostille Document

 
What is an Apostille document?

An apostille is an official certificate that legalises official and copied documents in states (countries) that accept the apostille stamp. It is often the case that documents will require apostilles when moving into a particular state for employment purposes. Once a document has gained an apostille certificate, these documents are then legal for use and are accepted in these states without requiring any further legalisation.

Who will ask for Apostilled documents?

Since the convention came into place on the 5th October 1961, the Apostilles use in different states has continually grown, and there are now over 100 member states who accept the apostille certificate. Even countries that are not signed up to the Hague Convention will still ask for one.

*When opening a business bank account overseas, you may require the Apostille for the following documents:
Certificate of Incorporation.
Memorandum & Articles of Association.
Board resolutions.

A document which can be apostilled:
1. Memorandum and Articles of Association

2. Certificate of Incorporation

3. Share Certificates

4. Certificate of Good Standing
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Certificate of Good Standing

 
COGS is a formal certificate created by Companies House.

It looks similar to a certificate of incorporation but contains additional information.

The certificate is prepared and signed by a registrar at Companies House.

The COGS is widely recognized internationally and is regularly requested by foreign organizations and banks.

If your business is looking to open a bank account overseas, start an offshore company, open a new branch in a new territory, or enter into large contracts with foreign companies, you may need to confirm the company details.

A standard solution to this is to provide them with a certificate of good standing.

A Certificate of good standing includes:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Verify your Identity

 

Proof of ID and address document checklist

Under Customer Due Diligence, we must check proof of ID and Proof of Address for all UK and non-UK customers who use our address services.

This ensures we are compliant with Anti-Money Laundering (AML) regulations and Know Your Customer (KYC) requirements.

Failure to supply these documents within 14 calendar days will result in your service being terminated.

Activating your service:
To activate and use our service we require you to complete an online verification, we will send you instructions on how to do this; please check your junk folder in case the e-mail is in there.

How does the Online ID Validation software work?
This process will take no more than 5 minutes.

Once we have received the names of all the beneficiaries that need to be verified we will send out invites, log into the online portal and upload the documents; please ensure it is only documents that we accept as failure to do this will delay the process.

Please note: Your account will not be activated until we have received and verified everyone’s identity.

Therefore, you cannot use our service until you receive confirmation that your account has been activated.

If we receive mail before the account has been activated, we will have to return this to the sender.

What documents are required

You must provide one of each of the following from the proof of ID and proof of residential address document list.

Proof of ID (one of the following):
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Bank Account

 
HIGH STREETS BANKS

(DUE TO COVID-19 HIGH STREET REFERRALS ARE CURRENTLY SUSPENDED)

When you register your company with Future Formations, you become eligible for a free business current account with Barclay's and Lloyds bank. After your company registration process is complete, we will make it easy for you to apply for an existing business account.

Business account: how it works
Once your company is approved and incorporated with Companies House, our team will forward your details via a secure channel to the Bank. The Bank will then call you within two to six working days to meet with your dedicated business manager. During the call, they will brief you about the documents you need to bring to verify your identity.

ONLINE BANKING

Cashplus
It is a 'basic' business bank account for UK residents over 18 with the UK registered small Business available to those who may not obtain a high street bank business current account. Their prepaid debit Mastercard comes attached to an existing personal account.

Mettle
Is it a mobile business bank account that can be managed on the app 24/7.
Designed for all small businesses, Mettle is part of NatWest and free to open and operate.
The online Bank has been featured in Reuters, the Financial Times, and Forbes.

Revolut
It is a digital-only banking app and offers several accounts, including premium options.

It sets itself apart from traditional banks with a focus on technology, low fees, and flexibility. It is especially

Worldpay
Very few businesses consumer (B-C) traders can operate successfully without being able to accept card payments.

Future Formations can refer your Business to one of the world's leading merchant accounts. Worldpay works with all business sizes and is a perfect choice for small businesses looking to take business payments easily, quickly, and securely.

*This offer is only available to UK residents. Non-UK residents cannot take advantage of this bank account offer, which means you must contact the Bank yourself.

FOR NON-UK RESIDENTIAL
TransferWise (Lives without borders)
TransferWise for Business is a free, online multi-currency account.

It lets you make payments, get paid, and spend money worldwide with the real exchange rate.

You can also use it to pay invoices, buy inventory, and handle payroll in over 70 countries.

You can even apply for an international account online. Barclays, Lloyds, HSBC, and NatWest all offer international bank accounts for certain countries.
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Trading name, Brand and Trademark

 
Trading name

A trading as name is a name chosen by a business that is different from their registered company name.

Unlike the registered company name, the trading name is never officially registered with Companies House.

It is the name a business has chosen to call itself, usually because it is more marketable than the registered company name.

You are free to trade under it but you cannot solely be known by your trading as name you must display your registered business name of signs, receipts and official documentation.

Trademark

A trademark is something that identifies the products or services of a specific business.

It is a valuable business asset that needs to be protected to prevent others trying to use it to sell their products and services.

The trademark can just be the name of the company or product.

A trademark can be:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033




 

Memorandum & Article

 
Generic or a bespoke Memorandum & Article

Both a memorandum of association and the articles of association are required for a company formed in the UK under the Companies Act 2006 and previous Companies Acts. The memorandum of association is the document that sets up the company and the articles of association set out how the company is run, governed, and owned. The articles of association include the directors' responsibilities and powers and how the members exert control over the board of directors. There are written rules about running the company agreed by the shareholders or guarantors, directors, and the company secretary.

Generic Memorandum & Article
This is a basic document which you need to have when you register a company by Companies house.

You can choose the Generic Memorandum & Article in your application on our webpage;
you need to ensure that the box is ticked for "Generic Memorandum and Articles of Association" and it doesn't cost you anything.

Bespoke Memorandum & Article
You need to create the Bespoke Memorandum articles by yourself if you want to restrict or enhance directors' powers, issue more than one class of share, or alter the rights attached to Ordinary shares.
For example:
 
 
 
 

If you would like more information, please contact our customer engagement team who would be delighted to assist you further.

Email us: [email protected]

Call us: 0207 781 8033

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