Topic > Company Registration under UK Company Law

Company Registration under UK Company Law; a company can be registered easily in accordance with the general rules in England. But after reading and researching, I discovered several important points. Companies House is primarily responsible for implementing company law and setting up and incorporating companies. For example, this organization must accept and approve the company name. The remaining procedures can then be carried out. Without this approval, these procedures cannot be carried out. and any company can be registered electronically or by sending documents and forms to Companies House, and nowadays the vast majority of companies follow the electronic way because it is faster and cheaper than the traditional way, the procedures are always different and depend on the type of company . In the UK there are different types of companies in the UK market. They are: Private Limited Company, Private Limited Company (PCL), Private Limited Company, Limited Company (PLC) and Limited Liability Company (LLP). A brief discussion of all types of companies should be studied. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Firstly, in a Private Joint Stock Company (LTD), the shares are not offered to the public and this is the basic difference between the two types of companies Private and Public Joint Stock Company and the shareholders or participants of the company for Private shares are not liable for their debts to creditors with their own money and the personal assets of the owners or shareholders are not a guarantee for creditors in the event of insolvency. Limited by shares, this means that the shareholders' liability to the company's creditors is limited to the capital originally invested and, in this example, the shareholders' personal assets are therefore protected in the event of the company's insolvency, but the money invested in the company they can get lost and creditors cannot ask them for money directly. A number of documents must be submitted when shareholders wish to register the company at the Companies Chamber: form INO1, articles of association and articles of association. The second type of company is private limited liability company (PCL), this type of company widely used for charities, community projects and most guarantee companies are non-profit companies, i.e. they do not distribute their profits to its members but retain them within the company or use them for another purpose, company or organization and the shareholders always act as a guarantor of the creditors and it is the same in the joint stock company or guarantee, always the administrator will only assume any personal liability for the company's debts. and the main difference between Public and Private is that in a guaranteed limited liability company there is no share capital, and any private company must have at least one director, and there is no share capital because simply because it cannot issue shares to those who would like to I would like to support it and join it and this point has facilitated the process of forming this type of business because it simply does not require a lot of capital. The third type of company is the unlimited private company. They are completely the same because the directors manage the company on a daily basis on behalf of its members (typically the shareholders). This type of company is more of a default type as it does not have many advantages. In fact, in the event of insolvency, if the company does not have the resources to repay its debts,.