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Any company that is being newly incorporated involves tremendous planning and has to go [link widoczny dla zalogowanych] through various complicated processes and phases that are responsible for building a sound business foundation. This entire process that involves its incorporation is called Company Formation or Company Registration.
The laws in the UK [link widoczny dla zalogowanych] and a number of other international laws view the company that is being incorporated as a separate entity, different from the [link widoczny dla zalogowanych] person who has started it or who owns it. Many different types of companies are incorporated in the UK each day, like public limited company, private limited company, unlimited company, limited [link widoczny dla zalogowanych] liability partnership, limited partnership, royal charter, community interest company [link widoczny dla zalogowanych] and many more. [link widoczny dla zalogowanych] All these companies have to go through the process of company formation.
In earlier days all the companies were formed only [link widoczny dla zalogowanych] on paper, but these days most of the company formation process takes place electronically, via the Internet. While going through the paper process, the person who has incorporated the company has to submit various documents and a registration fee to the [link widoczny dla zalogowanych] Registrar of Companies. The documents include a memorandum [link widoczny dla zalogowanych] of association, articles of association, form 10 and form 12.
The electronic process differs with the paper process in just one way; no form 12(i.e., the statutory declaration) is required. To initiate electronic company formation, the user requires software that is compatible with the Companies House [link widoczny dla zalogowanych] e-filing service and an account with the Companies House. If these are unavailable, then the company's owner can [link widoczny dla zalogowanych] The Agent [link widoczny dla zalogowanych] needs to be recognised by the Companies House and [link widoczny dla zalogowanych] must have passed the integration testing [link widoczny dla zalogowanych] phase. The Companies House has a list of all Company Formation Agents. Now, a number of service providers have also come up online that offer new corporations company formation services and business support.
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Derrick is an experienced writer and an expert on company incorporation laws and policies in the UK. Presently he is been writing on topics like company formation and online business solutions for companies House Online. For more information please visit