Exactly What Sets Of Paperwork Are Needed To Implement Company Formation?

For any company formation, there are required documents that have to be sent to Companies House. At Companies House is where a company will be incorporated or dissolved. Information sent under the Companies Act and related legislation is examined, stored and made publically available by Companies House. Company formations can be done by yourself, your accountant or through a company formations agent. The cost of UK company formation services differs depending on which agent or accountant you use.

If you choose to do the company formation yourself, the fee will vary depending on whether you choose the standard service or same day service and whether you submit paper forms or do the application online. Whichever method you choose, there are three documents that need to be submitted to Companies House for company formation.

The first company formation document required is a Form IN01. A Form IN01 is the formal application document for company formation. In this form you'll submit details such as the company officers' names, the registered office address, share capital details and share classes that will be issued. Before filling in the form, check that your chosen company name is available and does not contravene the rules regarding sensitive expressions and words. Information regarding these rules is available on the Companies House website, along with a free facility to check whether your desired company name is already in use.

The Memorandum of Association is the second required form. This document contains the names and signatures of subscribers to the company. This document notes the commitment of each subscriber to the company to take at least one share in the company if it is limited by shares.

The third document you need for company formations is the Articles of Association. The Articles of Association serve as the company rulebook and include details on how the company will be run. There are model articles that have been made available through the Companies Act 2006 roll out. If so desired, these model articles can be used in place of providing your own articles.

As was previously mentioned, submitting these documents can be done online through the website of Companies House or you can send paper versions of the documents to Companies House. You can download all of the necessary forms from the website of Companies House. If you're considering using a UK company formations agent, there is a list of company formations agents on the Companies House website. In addition to finding the forms you need for UK company formation on the Companies House website, you'll also find a large amount of information about company formations, so it's highly recommended to visit the site.