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Choosing the right Package

Like many Company Formation Agents, Foerster Business Solutions offer a variety of limited company formation packages, this is not done to confuse you but simply to meet individual needs and that of their fellow officers, here we attempt to assist you in choosing the right package, alternatively if you are not the reading type then why not give us a call we have a fantastic team who can explain everything in plain English.

Company Types in Brief

Essentially Foersters deal with 3 different types of companies, Limited By Shares, Limited By Guarantee and Limited Liability Partnership.

Limited By Share - this is the most common type company and is used for most profit making businesses, ie CONSTRUCTION COMPANY, IT CONSULTANCY. SALES COMPANY, MEDIA COMPANY etc

Limited By Guarantee - this type of company does not have any share capital and is commonly used by non-profit organisations such as CLUBS, SOCIETIES and CHARITIES etc.

Limited Liability Partnership - this type of company is very similar to a regular partnership except the individual members have less liability, and is usually used by any profit seeking business or professionals such as ACCOUNTANTS and SOLICITORS.

Packages

Packages - the reason for such variation in our packages is based on two aspects; customer requirement and budget, in most instances when selecting the right package you will need to take one or both of these aspects into consideration.

Our packages simply increase in the number of features, you won’t find that one pages contains one feature that a more expensive package don’t thus you can be sure in the knowledge should you select a more expensive package it will always contain all of the features of the cheaper package.

Main Features of packages:

All packages include company registration
All packages include registration fees
All packages include PDF copies of Incorporation Certificate and Memorandum & Articles of Association
All Packages include Business Bank Account, Internet Merchant Account and PDQ Machine Introductions

You can purchase the above for £16.99 + VAT (Basic Package)

Then if required you additional features you can select a better package

All of Basic Package +
Printed official Incorporation Certificate
Printed official Memorandum and Article of Association
Registered Office for 1 year
Legal Mail Fording 1 year
Basic Compliance 1 year (we remind you of important filing dates)

You can purchase the above for £51.99 + VAT (Merit Package)
Price should be £93.98 + VAT - Save £41.99 + VAT if buying separately

Then if you require additional features you can select a better package

All of Basic & Merit Packages +
VAT Registration
Web Package - .co.uk domain name, 200mb web space, 5 email addresses, Web Interface with 24/7 access.

You can purchase the above for £91.99 + VAT (Professional Package)
Price should be £207.98 + VAT - Save £116 + VAT if buying separately

Then if required you additional features you can select a better package

Registered Office 2 years
Legal Mail Forwarding 2 years
6 months general mail forwarding
Company Nominee Secretary 1 year
Company Seal

You can purchase the above for £199.95 + VAT (Executive Package)
Price should be £398.98 + VAT - Save £199.03 + VAT if buying separately

Then if required you additional features you can select a better package

Registered Office 3 years
Legal Mail Forwarding 3 years
1 year general mail forwarding
Company Nominee Secretary 2 year
Ring Binder Register
Company Seal

You can purchase the above for £299.95 + VAT (Corporate Package)
Price should be £606.98 + VAT - Save £307.03 + VAT if buying separately

All our Packages at a glance >>>

Still confused you better call our team on 0161 761 7600

* Note Bank & Merchant Accounts included in the above packages are subject to the banks/providers own status checks and are not guaranteed acceptance. If your bank account is refused we do have a poor credit bank account service..

Limited Company Formation & Registrations ONLINE OR CALL DIRECT 0161 761 7600 / 0161 761 6123

The following Company Formation features apply to the respective company formation packages:
Business / Build your own / Merit / Professional / Executive / Corporate
Company Formation Filing of all documents with Companies House Full Trading Company Certificate of Incorporation emailed 1 to 4 hours (pdf doc) if order received before 12 noon Companies house pending Memorandum and Articles of Association emailed 1 to 4 hours (word doc) if order received before 12 noon Companies house pending Full Business bank account* Upto 2 years free banking Merchant Account Introduction* PDQ Introduction 0844 business number
Merit / Professional / Executive / Corporate
Company Formation Printed Copy Memorandum and Articles of Association Official Printed Certificate of Incorporation Registered Office 1, 2 & 3 years Legal Mail Forwarded 1, 2, & 3 yearsyear Compliance (we remind you of important filing dates) 1 year 28 Page Business Plan Template
Professional / Executive / Corporate
Company Formation VAT Registration Doimain .co.uk 200mb Webspace 5 Email addresses Free hosting 1year Web Interface 24/7 access
Executive / Corporate
Company Formation Mail Forwarding 6 months / 1 year Nominee Secretary 1 / 3 years Ringbinder Register Company Seal
Corporate
Company Formation Registered office 3 years Mail Forwarding 3 years Company Seal
Business
Company Formation Poor Credit Bank Account Back to Company formation >>

Foerster Business Solutions Ltd

Foerster Business Solutions Limited specialise in providing UK company registration, offshore company formation and business bank accounts both online and by telephone. By browsing through our website you will see the many different company formation packages we offer, If you don't see a package suited to your particular circumstances then we will be delighted to build one to meet your needs. Our dedication to offering the very best service for company formations online clints has placed us in the unique position of allowing us to fill our packages to busting with useful features; full business bank account*, 0844 business number and internet merchant services are all includes with each company registration we setup.

Foersters continue to search the market place for any additional features for our packages to enhance our customers prospects of a successful business venture. As well as company formation we also offer a wide range of other services which can assist in the running of your business.

Everything you need to know about a Limited Company Formation

There are four main types of company:

Private company limited by shares - members' liability is limited to the amount unpaid on shares they hold.
Private company limited by guarantee - members' liability is limited to the amount they have agreed to contribute to the company's assets if it is wound up.
Private unlimited company - there is no limit to the members' liability.
Public limited company (PLC) - the company's shares may be offered for sale to the general public and members' liability is limited to the amount unpaid on shares held by them.

Foerster Business Solutions deals with private companies limited by shares or limited by guarantee.

The Companies Act generally allows one or more persons to form a company for any lawful purpose by subscribing to its memorandum of association.

Every company must have formally appointed company officers at all times.

A private company must have at least one named director our standard M & A’s are written for a minimum one director and one secretary, for all other scenarios please contact our office 08443 57 58 59, formal qualifications are not required. A company's sole director cannot also be the company secretary.

In general terms anyone can be a company director but there are some rules. You cannot be a company director if you are an un-discharged bankrupt or disqualified by a court from holding a directorship, unless given leave to act in respect of a particular company or companies.

Company Name
There are also some restrictions on your choice of company name.
The restrictions are:

you cannot register the same name as another company
the use of certain words is restricted
names likely to cause offence are not allowed

It is important to check whether your chosen name is similar to any other name already on the Companies House register. If an objection is made within the 12 months following the incorporation of your company that your chosen name is too like another name, you could be directed by the Secretary of State to change your company’s name.

Statutory Registers
The company must maintain registers for the following:
The register of members (shareholders)
The register of directors and secretaries
The register of directors interests
The register of charges

Principle
In basic terms the Limited Liability company allows commerce to flourish by enabling credit to be extended with minimum risk to all parties and is an important factor in the trading success of the United Kingdom. In a Limited Company, the owners (shareholders) are not personally liable for the debts of their business or any claims made against the company.

This legal limitation, called "limited liability" is created through registration at Companies House. The process is known as Incorporation. It is obvious why the majority of small business owners are so attracted by Limited Liability. Almost every business will accumulate debts that create the risk of being sued

Avoiding danger
Without limiting your personal liability, every business owner would be completely legally responsible for the debts Your personal assets would therefore be at risk. With limited liability, personal assets can remain in tact, even if the business fails under a burden of debt. A UK private limited company is able to distributed profits to its shareholders by way of a dividend.

Taxation
The rules on both personal and corporate taxation are regularly modified by the Chancellor of the day but it is normally the case that profits distributed through dividends are a tax efficient means of rewarding entrepreneurs for the commercial risks they take.

The most common form of Limited Liability in the UK is the Private Limited Company of which there are over one million currently registered at Companies House. These companies can be recognised easily by the suffix Limited or LTD at the end of their name.

Public Information
Limited Liability companies are obliged by law to maintain records of their affairs at Companies House. In this way it is possible for anybody to purchase copies of this information before trading with the company.

This simple mechanism balances the benefit of Limited Liability given to the owners of companies by allowing their creditors to assess the risks they may be taking in providing goods and services on credit.



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