Company
Formation
FAQ
What
exactly
is
Limited
Liability?
What
is
the
minimum
number
of
officers
your
company
requires?
Can
anyone
be
a
Company
Director?
What
is
a
Registered
Office?
How
do
I
form
a
Limited
Company?
What
are
the
responsibilities
of
a
director?
What
exactly
is
Limited
Liability?
Limited
Companies
have
Limited
liability.
The
Limited
Liability
status
which
a
limited
company
has
ensures
that
the
owners
of
the
company
also
know
as
shareholders/members/subscribers
have
no
personal
liability.
This
means
that
the
owners
of
the
limited
liability
company
are
not
personally
liable
for
the
debts
of
the
company.
This
provides
excellent
asset
protection
in
the
event
of
the
business
failing.
What
is
the
minimum
number
of
officers
your
company
requires?
Two,
a
company
can
not
be
formed
without
formally
appointed
officers
and
must
throughout
its
life
maintain
at
least
the
minimum
required
number
of
officers.
A
private
limited
company
must
have
at
least
one
directo,
one
secretary
and
one
shareholder/subscriber.
A
company's
sole
director
cannot
also
be
the
company
secretary.
If
there
is
more
than
one
director
one
of
the
directors
can
also
be
company
secretary.
The
shareholder
can
be
anyone
one
or
any
number
of
people
and
need
not
be
acting
as
directors
or
company
secretary.
A
public
company
must
have
at
least
two
directors
and
one
secretary.
The
company
secretary
must
be
formally
qualified.
Can
anyone
be
a
Company
Director?
Yes,
but
there
are
some
exceptions.
For
example
you
can
not
be
a
company
director
if
you
are
an
un-discharged
bankrupt
or
disqualified
by
a
court
from
holding
a
directorship.
There
is
no
minimum
age
limit
in
the
Companies
Act
for
a
director
to
appointed
in
England
or
Wales
however
the
appointee
must
be
able
to
consent
to
the
appointment.
Despite
the
fact
that
the
law
does
not
prohibit
it,
Business
Inc
will
not
register
a
company
where
a
proposed
officer
is
under
the
age
of
16
years
old.
In
Scotland
the
Registrar
will
not
register
for
any
company
the
appointment
of
a
director
under
the
age
of
16
years
old..
What
is
a
Registered
Office?
A
Registered
Office
is
the
official
address
of
your
company,
to
which
official
documents
from
government
departments
are
sent.
Correspondence
from
Companies
House,
Inland
Revenue
and
Customs
&
Exercise
will
be
sent
to
the
registered
office.
A
company
incorporated
in
England
and
Wales
must
have
its
registered
office
there.
A
company
registered
in
Scotland
must
have
its
registered
address
in
Scotland.
The
registered
address
is
published
in
the
Companies
House
index.
Many
customers
prefer,
for
reasons
of
privacy,
to
use
our
registered
address
instead
of
their
home
address
How
do
I
form
a
Limited
Company?
It
is
possible
to
incorporate
a
Limited
company
online
without
you
having
to
complete
or
sign
any
documents.
Simply
use
our
online
registration
wizard
to
incorporate.
What
are
responsibilities
of
a
director?
Every
company
director
has
a
personal
responsibility
to
ensure
that
accurate
financial
accounts
are
kept
and
statutory
documents
are
delivered
to
the
Registrar
of
Companies
as
and
when
required
by
the
Company
Act.
In
particular:
•
accounts
(only
for
limited
companies);
•
annual
returns
(Form
363);
•
Notice
of
change
of
Registered
Office
Form
287
•Appointment
of
a
new
director
or
secretary
-
Form
288a;
•
Resignation
of
director
or
secretary
-
Form
288b;
•
changes
of
director
or
secretary
name
or
address
or
any
of
the
other
details
originally
registered
-
Form
288c.
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