UK Limited (Ltd)
A limited company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. You can set up easily a UK – Ltd Company through Companies House, which operates offices in London, Cardiff, Edinburgh and Belfast.
A UK – Ltd Company is attractive because of
- Fast incorporation. A UK ltd company can be incorporated in 2-3 days.
- No limit are placed on the company’s borrowing powers
- Minimum of one shareholder, there is no maximum number
- There is no concept of standard authorized shared capital
- No residency requirements on shareholders although the articles may impose
- The company must keep a share register at the registered office address or other single alternative inspection location
- A company may have a minimum of one director. There is no statutory maximum number of directors although the articles may impose a limit.
- No residency requirements on directors although the articles may impose
- The directors may pass resolutions at meetings by a simple majority
- It is possible for directors to nominate a service address
- Accounting records must be kept
- Accounts must be filed
- Company seal is not mandatory
Bizserve Consultants can offer the following services:
- Formation of the company
- Provision of registered office
- Provision of director services
- Provision of nominee shareholders (if requested and/or required)
- Provision of company secretary
- Secretarial, Banking and Legal Support
Relevant information for UK company formation
Questionnaire for the incorporation of a UK Ltd company