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Company formations and Secretarial

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Register your company formation process with season associates. We have the best cost-effective and efficient company formation service for your companies. – PowerPoint PPT presentation

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Title: Company formations and Secretarial


1
Company Formation and Secretarial
  • Presented by Season Associates

2
Table of content
  • What is Company formation?
  • What does the company formation process involve?
  • What are company secretarial services?
  • The Importance of a Company Secretary
  • We offer the following services to ease the
    burden

3
What is Company formation?
  • The phrase creation of the company shall be used
    to establish a business in the United Kingdom. It
    is also called business registration .
  • Under the UK company legislation and most
    international law, a company or firm is regarded
    as a different entity from the individuals who
    own or work for the company formation.
  • Companies of all sizes confront growing problems
    concerning legal entity administration.
  • Whether your enterprise is UK-based or operates
    across multi-jurisdictions, you have to guarantee
    that local regulations and laws are respected. As
    companies develop, it is hard to keep an overview
    and manage their risk.

4
What does the company formation process involve?
  • Training for companies is unbelievably easy, as
    the entire procedure may take place online.
    Applications should be submitted online and
    approved by the Companies House within three
    hours.
  • In addition, you simply need to register and
    manage a business with a single person. This is
    because both the director and the single
    shareholder or guarantor might be the same
    individual.

5
  • To form a private corporation limited by shares
    or guarantee, you'll need the following
    documents
  • A distinctive business name and a registered
    office address in England and Wales, Scotland, or
    Northern Ireland.
  • A minimum of one director is required.
  • one shareholder or guarantor at a minimum
    (owner).
  • Articles of Association and Memorandum
    (governing documents).
  • A minimum of one issued share in the capital
    (limited by shares companies only).
  • To describe what the company does, use up to
    four Standard Industrial Classification (SIC)
    codes.
  • People in Positions of Significant Control
    (PSCs).

6
What are company secretarial services?
  • Company secretarial services refer to the level
    of administrative function within a business that
    ensures good corporate governance, effective
    administration, and compliance with legislation,
    laws, and regulations that govern business and
    industry, rather than the traditional work of a
    secretary, as the name suggests.
  • Corporate governance management is critical for
    firms.
  • Your firm must follow the Companies Act of 2006,
    comply with all applicable laws and regulations,
    and keep meticulous records of all meetings,
    board member conduct, contacts with shareholders
    and stakeholders, and dealings with government
    agencies.

7
The Importance of a Company Secretary
  • A corporate secretary's responsibilities, in
    principle, encompass all required administrative
    activities inside the firm.
  • Their function, however, is divided into three
    areas the board, the private company, and the
    shareholders.
  • They must make certain that the required
    paperwork is distributed to board members before
    meetings and that board procedure is followed.
  • The secretary is in charge of ensuring that
    corporate activity is conducted under the law.
    They'll be the point of contact for shareholders
    with questions about corporate law.
  • They must be educated about company accounts UK,
    company law, update and keep registers in case of
    inspection, and create director reports and
    accounts since they are accountable for ensuring
    the firm conforms to legal standards.

8
We offer the following services to ease the
burden
  • Filing your tax returns can be a daunting task.
    Our services are carefully designed to help you
    minimize your tax liability. Our tax advisors
    will be able to help you with
  • Company searches
  • Company formation advice
  • Filing annual returns and statutory returns
  • Comprehensive form filling and filing services
  • Drafting minutes of meetings
  • Registered office facility
  • Maintenance of statutory books

9
Feel free to resolve your query _at_
  • Phone No 07789 038 444 / 02079932090
  • Email info_at_seasonassociates.co.uk
  • Website https//seasonassociates.co.uk/
  • Address Season Associates 44 Broadway, London,
    E15 1XH
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