Setting up a New Company with Companies House


Posted November 30, 2015 by GUYJOSH90

Many of the people looking up to setting-up a new Company of their own do struggle in getting inspiring ideas for your new startup name and determining how to go about the business setup.

 
Many of the people looking up to setting-up a new Company of their own do struggle in [b]getting inspiring ideas for your new startup name[/b] and determining how to go about the business setup. Series of advice come from all directions starts coming at you and it's hard to understand the correct procedure or know if setting up a Ltd Company in the US would be the best move for you. In reality, the facts of a basic company set up are very straight forward. In order to set up a brand new Ltd Company it must always be approved through Companies House, as any Ltd Company must be accepted by the government. Companies House is ran solely by the government. Any person wishing to set up company could go directly to Companies Registration Houses or make use of a company formations agent to assist them in doing this on their behalf. For the time being, I'll discuss the necessary route taken if one were looking to set up their own Ltd Company directly.

Firstly, you must first think of getting inspiring ideas for your new startup name which you would like to call your company, you could choose any name that interests you, but you only can register a name only if nobody else has already registered it. Only one Company name is allowed to be on the index at a time. You can check your name is available by visiting their website and then once you have decided on an original name you may proceed with your application after having done a good market research essential to naming company http://www.helpingbusinessesclick.com/how-would-you-get-desired-company-name-ideas.html.

The first form that needs to be completed is the company form, signed by each director. You may be the only director of your company should you so wish or you can have a maximum of four directors for any one company at a time. (Any director must be aged 16 or over). It is sometimes compulsory to have a company secretary, but in the year 2009, this rule was abolished and now to have a company secretary is at the directors discretion.

This form will ask for personal attributes and details of the directors, including the registered office address of their new company. The registered office address must be a US address but there is no reason why a director could not be resident outside of the United States.
You must then go about forming your Memorandum and Articles of Association. These are the official documents which contain all of the relevant details about your new company. This kind of a model can be found on the Companies official website or you may alternatively purchase them from a formation agent or even a legal stationers.

After posting these required details to the Companies House they will process the application for you (there always is a charge to carry out this). They will then be able to send you a signed certificate of incorporation. There is a second charge for this which varies on which time service you opt for.
Once your certificate is issued to you, your company will be officially ready to trade. You can use the above documents as proof of your company which will be essential when opening a business bank account linking to your new Ltd company name and thus it is always vital to [i]getting inspiring ideas for your new startup name[/i] .
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Issued By Guiry Josh
Website How Would You Get Desired Company Name Ideas?
Country United States
Categories Business , Marketing
Tags getting inspiring ideas for your new startup name , market research essential to naming company
Last Updated November 30, 2015