* The articles of association deal mainly with how the company is run, such as the issue and transfer of shares, capital structure, general meetings, directors, dividends and accounts. The majority of limited companies adopt a generic form commonly referred to as ‘Table A’. This Table is presented as a series of numbered paragraphs and [read more]
Memorandum of Association*The purpose of the memorandum is to say what the company is and what it does. It needs to state: the name of the company the registered office of the company the objects of the company (what the company will do – it’s purpose) a statement of the limited liability of members (shareholders) the authorised share [read more] |
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The Role of the Company Secretary*Company secretaries do not have specific responsibilities or powers but they may be criminally liable for company defaults (such as late filing of returns and so on). They are also allowed to sign most of the forms required by Companies House. A company secretary usually performs the following tasks: maintains the statutory registers (such as register [read more] |
 What do you need to set up a company*Essentially, before you begin, you need: a company name, which can be almost any name that has not previously been registered. a Director a Company Secretary (which cannot be the sole director) (or you could have two directors, one of whom could also act as Company Secretary) a shareholder (which can be either the director [read more] |
