Every applicant for Company Registration in London must complete the required registration procedure as per the British Corporate Authority. The procedure for Company Formation in London is lengthy and complex. For Company Incorporation in London, there are various ifs and buts in due process. Also, they must abide by many regulations for each KMP in the applicant company.
Therefore, many Company Formation Agents in London find it difficult to manage the London Law Company Formation procedure neatly. So, to register a Company in London, we have enlisted the required, neat steps in the following pointers for you:
- Apply for the appropriate Business Structure as per your commercial Activity
- Reserve the trading name of the Company with the Authority
- Appoint the first Directors as well as the Company Secretary for the proposed Company
- Appoint the Shareholders/Guarantors for complete company formation
- Maintain the incorporation documents at your facility
- Apply for & maintain the financial records of the Company
- Register for its official Location
Let us look at some of these steps in detail.
Apply for the appropriate Business Structure as per your Commercial Activity
The first step towards company registration in London is ascertaining whether the chosen structure is suitable for the to-be-undertaken commercial activities by the company owner. For such incorporation purposes, the proposed Company must understand the taxation structure of the chosen entity. As an investor from abroad, if you wish to set up a branch office in Raining City, you have two options, namely:
Become an Overseas Company
In such cases, the Foreign Company must operate in its native state. It must also bear the debts and responsibilities of its branch office in London.
Open a Subsidiary in London
The applicant can open a subsidiary as a Limited Company in London. A Subsidiary in London is a separate legal entity and will bear operations responsibilities.
Reserve the trading name of the Company with the Authority
- A Company name must be dissimilar to the title of a registered company
- A Company name must end with Limited or Ltd
- A Company name cannot be offensive to the general masses
- A Company name must not sensitize with any word or expression
- A Company name must not indicate any connection with the Government/Local Authorities
- The name applicant must obtain permission from the Authority to choose the name in the Company’s title.
- The name applicant must choose a name different from its registered name
- You can use a company name as a Business Name also.
- A Company Name must not include any of the following terms:
- Limited or Ltd
- LLP or Limited Liability Company
- Public Limited Company or PLC
For using a sensitive expression in the business name, the registration applicant must seek special permission from the Authorities. If the name is similar to the trademark of a company, then the applicant must not use the trademark’s name. For such cases, the applicant must not use the Limited suffix with its registered name:
- Company registered for Charity Purposes
- Company Limited by Guarantee
Articles of Association of an applicant Company must reflect the following for its promotion:
- Art
- Religion
- Commerce
- Education
- Charity
To learn further about the Company Registration procedure, visit the official portal of Registrationwala. For the best Company Formation Services in London, connect with the Incorporation Experts at Registrationwala.
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