Know-how on Registering a Company in the UK

All companies in the UK need to be registered by law with Companies House, which is the Executive Agency for the Department for Business, Enterprise and Regulatory Reform (BERR). Overseas companies who conduct any kind of business or trade in the country also need to be registered in the UK and must submit their annual returns and accounts to Companies House.

The registration process is usually handled by professional agencies, making it a simpler process for consumers. Companyformations24.7 has over 25 years of experience in this field and offers the most efficient and professional service for company formation, registration and a host of additional company services such as opening bank accounts, mail and call forwarding, and providing accounts and tax information.

The Registrar of Companies for all of England and Wales is Gareth Jones. He is also the Chief Executive of Companies House and is based in Cardiff. For Scotland, the Registrar of Companies is Dorothy Blair, who is based in Edinburgh. There is an information centre for the Registrar of Companies in central London and it is also possible to get information about registration of companies by fax, post or email.

The system of registration of companies in the UK started in 1844. The law that is followed today is the Companies Act 1985, which was later updated to the Companies Act 1989 with additional legislation. There are an estimated 2 million limited liability companies that are registered in the UK and over 300,000 additional companies being registered each passing year.

As set by Companies House, there are four types of companies that can be registered – a private company that is limited by a guarantee, a private company that is limited by shares, a private limited company and a private unlimited company which is commonly abbreviated to PLC.

New businesses interested in forming and registering a company need to have the Articles of Association, a Memorandum of Association, Form 10 and Form 12. The entire process can be taken care of online at Companyformations247.co.uk and can be completed very efficiently and swiftly if all the documents and forms are correctly filled. In fact, the majority of registration of limited companies are handled electronically.

In addition, the company must already have an office address and a name that is not too similar to any other company name. The Registrar of Companies issues the certificate of incorporation in just five days, if all the documents and forms are in order. For single day service, there is an option of paying the premium service fee.

While most of the information about registration of companies and registration of limited companies is freely available on the internet, along with the procedure and application forms, it is a better idea to go through a company formation agent who can take care of the entire process for you professionally. Among these Companyformations24.7 is one of the best and has been in the business successfully for 25 years.