This is our most popular package with UK residents, and includes: The submission of forms detailing your company's executive officers The registration of your £1,000 authorised share capital (a minimum of one share must be issued) 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
Economy Package
£ 82.00
Annual Maintenance Fee £50.00
This is our most popular package with EU residents, and includes: The submission of forms detailing your company's executive officers The registration of your £1,000 authorised share capital (a minimum of one share must be issued) 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
Premier Package
£ 131.95
Annual Maintenance Fee £99.95
This is our most popular package with small business, and includes: The submission of forms detailing your company's executive director The registration of your £1,000 authorised share capital (a minimum of one share must be issued) 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 secretary 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
Deluxe Package
£ 256.95
Annual Maintenance Fee £224.95
This is our most popular package with overseas residents, and includes: The filing and registration of your company in England The registration of your £1,000 authorized share capital (a minimum of one share must be issued) Company formation is usually achieved within 6-8 workday hours (Companies House permitting) Payment of UK legal and initiation fees 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) Coddan provides a company nominee director service for 1 year (next year - £125.00) The name of the nominee director & secretary will appear as a public record 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 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
Name Protection
£ 22.00
Annual Maintenance Fee £60.00
The purpose of this package: This package allows you to register a company name with Companies House and thus prevent this name being used to form a company by anyone else This package includes: The registration of a non-trading limited company with your choice of name Payment of UK legal and initiation fees A nominee director A nominee secretary A nominee shareholder A registered office address Management of the company: Coddan will file the annual return and dormant company accounts on your behalf for an annual fee of £60.00 If you do not wish to renew the management option at the end of term, the company will be dissolved
Business Start-Up: Legal Requirements
Company subscribers may be residents outside the UK You must appoint a minimum of ONE 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 company must have a minimum of one shareholder who may be a corporate body or an individual No minimum paid up share capital A minimum of one share may be issued Capital may be denominated in any currency Shareholders and directors meetings may take place outside Great Britain The company is required to have a registered office in the UK
WHAT YOU SHOULD KNOW BEFORE STARTING A BUSINESS. STARTING UP IN BUSINESS GUIDE
Every year thousands of people, fired with the entrepreneurial spirit, decide to take the plunge and start their own small business. They come from all backgrounds and ages. Their businesses are based on every conceivable idea from gardening and IT to child minding, consultancy and arts and crafts. The buzz of being your own boss has few equals.
While many of these businesses succeed, sadly some fail within a short time of starting, usually due to a lack of proper preparation and planning. If only they had been able to get some quality help and new business advice.
We provide a fast online service for company registration, LTD company formation, and business incorporation in England, Wales and Scotland. When first starting-up a business there are many issues to consider. You need to decide whether or not to incorporate your business, and to choose a structure for your business. There are several types of legal business entities which you can choose to operate as. For more information on these choices, follow the links below. We advise that professional legal and financial advice is obtained before a final choice of business entity is made.
Coddan is a leading service provider in the field of English, Scottish and Irish company formation and company registration. We can help you in starting a business in England & Wales Scotland and Northern Ireland. Over 95% of our companies are incorporated within 6 hours. The electronic submission of information enables a fast company start-up satisfying all of the required legal formalities: a director, a secretary, a registered office and shareholders. Our electronic filing software has been approved by Companies House.
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If you will require further information about your business needs, pre-start stage and continues you can book an appointment with our business consultants in our office. It will be a bespoke service entirely for your benefit. You can discuss anything that concerns you and ask for advice on any aspect of starting and running a new business. At any stage of your business activity, you can ask to speak with our specialists about specific questions which disturb your mind as a head of the business, such as bookkeeping, taxation or marketing for help to start your own business. All business advice meetings are on an appointment basis.
These meetings are usually take between an hour and an hour and a half, but we can spend additional time, if it required for your business needs. We confirm your meetings, both by telephone and in writing and we suggest how you can prepare for the meetings so you can obtain the maximum benefit from them. We also will require to receive from you the list of questions that you intend to discuss with our specialist, so we could be fully prepared for your meeting.
Coddan advise executives, full boards, board committees, non-executive directors, in-house counsel and institutional investors. Our advice covers a wide variety of matters including:
Board level structures and processes; Board composition; Corporate social responsibility; Defamation risk; Directors' fiduciary duties; Due diligence; Governance-related disclosure requirements; Insurance; Internal investigations; Investor relations; IP protection and management; New competition law; Non-executive director recruitment; Remuneration and incentive schemes; Share options; Review of annual report and accounts: directors' report, remuneration report, notice of annual general meeting, accounts, tax returns.
At Coddan, business specialists and consultants also can assist with the following queries and matters:
Banking and finance transactions; Acquisitions and disposals of businesses including management buy-outs and buy-ins; Intellectual property - we advise on exploitation and/or realisation of intellectual property including patents, trade marks, copyright and industrial know how in conjunction with the firm's intellectual property group; we also advise on confidentiality issues, restrictive covenants and computer software and hardware licensing; Commercial agreements including agency, distribution and management agreements; Shareholders agreements - we have the expertise and knowledge of many industries to recognise what our clients require; Internet start-ups. Web site design and development; Financial services regulations; Company incorporations for both local and foreign interests - we offer a fast, efficient and tailored fixed fee service for company incorporations; Apostille Legislation.
If you need any further assistance with the points highlighted above or even if you did not find your question in the above list, please feel free to contact Coddan for more details and information
WHAT KIND OF BUSINESS SHOULD I BE?
There are four principal legal forms that a film production or distribution company might take:
Sole Trader: the simplest structure, but carrying unlimited liability for the owner. Partnership: relatively simple but inflexible. Financial affairs are confidential but limited to 20 partners and again carrying unlimited liability for the partners. Limited Liability Partnership: introduced in 2001, these provide limited personal liability for the partners but tax and operational issues are still being sorted out. Loss of confidentiality as accounts must be filed. Limited partners may not be involved in the management of the partnership. Limited Company.
So, you can be a sole trader, a partnership, as limited partnership, Limited Liability Partnership (LLP), a limited company or a co-operative - the choice is yours. However, before you begin trading, you need to decide which legal form of business is best for you.
The decision will affect the way you are taxed and accounting records you will have to keep. Even if you are going to work on your own from home, think about whether might be advantages in forming a Limited Liability Partnership or a Limited Company.
UK LTD Companies from only £32.00! All Inclusive Company Registration. Each limited company package includes all statutory paperwork and is fully compliant with company law. All our private UK companies are general trading companies and can be used to conduct any type of business. A Certificate of Incorporation, and the Memorandum and Articles of Association of your company will be sent to you upon formation of your company. You can appoint your own directors and secretary BEFORE company incorporation. This is absolutely FREE. Our 4-8 hour online incorporation service enables you to register your company quickly and effortlessly. All government and filing fees are included in the cost of our E-Quick pack. All certificates and documents will be sent directly to you via email immediately following the formation of your company. It will take just 5 minutes to complete the online registration form, then your company could be up and running within 4-8 working hours.
THE E-QUICK PACKAGE CAN BE UPGRADED WITH ANY OF THE FOLLOWING FEATURES:
1. Company Pliers Seal - £20.00. 2. Laminated Hard-copy of the Certificate of Incorporation - £5.95. 3. Laminated Hard-copy of the Certificate of Incorporation, Bound Copies of the Memorandum & Articles, and Combined Company Register - £12.95. 4. Domain Name Registration for two years - £16.00. 5. Provision of a Registered Office Address for 12 months - £50.00. 6. Provision of a Nominee Company Secretary for 12 months - £49.95. 7. Certificate of Good Standing - £35.00. 8. Notarisation & Apostille of Documents.
Limited Companies: this is generally the best legal form for film companies to use. Limited companies are cheap and easy to set up and they protect the directors by limiting their liability for any debts run up by the company to the amount that they have invested in it. However, this protection is removed if any director acts in any way that is unlawful, negligent or not in the best interests of the company (i.e. in the best interests of the shareholders on an ongoing basis). The directors are also liable if the company continues to trade beyond the point when it can reasonably expect to meet its outstanding liabilities. In this situation, the directors are personally responsible for any additional liabilities incurred after the company has reached this point.
When creating a limited company, directors must be clear about their individual rights and responsibilities; the rights and responsibilities of their fellow directors; the fundamental issues that will need the unanimous agreement of all directors; and the procedures that will be put in place for resolving any disputes. Directors should make sure that they are familiar with the company's internal rules and procedures and that they read all documents (e.g. minutes of board meetings) carefully before signing them.
Being a director of a limited company carries a number of additional responsibilities. Companies are obliged to prepare annual accounts and file a copy with Companies House. Company law requires that certain information appears on all correspondence issued by the company.
Get help from Coddan to understand what type of business entity will be much suitable for you.
WHAT DO I CALL MY BUSINESS?
If you are going to trade on your own, as a limited company or LLP, please read our Companies Formations Guidance & FAQs (FAQs: Company Names), before you will decide on a name. There are certain checks that need to be carried out before a company registers a particular name. Firstly, the name must be available for registration at Companies House.
Company name FAQs tells you how you can name a business, and what words you are not allowed to use without permission or proper entitlement, such as the words 'Royal', 'Authority', 'International' and so on. It also explains the requirements you must meet if you are going to trade under a name which is not name of your company (if you are a company) or your own name if you are sole trader or partnership. You can use the service of Coddan. We will make sure the name you have chosen meets these requirements.
If you decide to use a business name, you must display certain information in a prominent place where you work (even if you are working from a shed in your garden). This information must also be on all business letterheads, invoices, receipts and so on. It is up to what style you use, but it must include your business name and the company name, name of each partner or name of sole trader, whichever is appropriate and your permanent business address. If you have any problems, Coddan will be glad to help you.
COMPANY NAMES AND LIMITED LIABILITY. PARTNERSHIP NAMES (LLPs)
If you decide to form a limited company, you need to know about the rules and regulations which applies to this business entity in according to the Companies Act.
As it was mentioned above, the name may not include any of a list of prohibited words (including "Royal", "British" etc.); and (if the same directors are involved) may not be the same name as a company that has been declared insolvent within the last five years. Furthermore, the name of the company cannot imply that it is part of a larger corporate structure if this is not in fact the case. It is possible to register a name which is similar to an existing name - but this may be subject to challenge by the existing company within twelve months of registration, particularly if there is any suggestion that the new company is attempting to pass itself off to customers as the better known brand. If the company is trading internationally, the checks will also need to ensure that the name will work, and is not already being used, in other countries.
The company name does not have to be the same as the trading name but the company must always make clear when it is trading under a different name than that under which it is registered. The exact company name must appear on all company stationery and correspondence.
If you decide to form a Limited Liability Partnership, you also need to know about the rules and regulations explained in the Limited Liability Partnerships Act.
Restrictions on names and the rules on that information you must give are the some as those individuals and partnerships going into business. However, you mush also be sure that there will be no objection to the name you choose. This could happen if the name you want is the same or similar to a name already being used. This a fairly important point, because if you are told to change your name, it could your business a lot, and not only in money.
PATENTS, COPYRIGHTS AND TRADEMARKS
Copyright, trademark and patent law protects your ideas form being exploited by rival business. They also