| FBSL are UK Company Formation and Registration Agents and offer the following: |
| Professional Package £79.95 + VAT |
| A fantastic Package including the following features: |
| Click here to compare packages at a glance >>> |
- Filing of all documents with Companies House
- Full Trading Company
- Certificate of Incorporation emailed 1 to 4 hours (pdf doc)
- Memorandum and Articles of Association emailed 1 to 4 hours (word doc)
- Bound Copy Memorandum and Articles of Association
- Printed Official Certificate of Incorporation
- Business bank account*
- Upto 2 years free banking
- VAT registration
- 0844 business number
- Our Registered Office
- Mail Forwarding - Legal Mail
- Internet Merchant Account Introduction*
- Domain & Website Package
- Compliance Basic
Filing of all documents with Companies House
No need to manually complete or sign forms, no need to draft your company's memorandum and articles of association by yourself, no need to have your forms notarised by solicitors, we do everything for you, you simply provide the details by completing our online application form, this will take you approximately 10 minutes or telephone our office, local rate telephone number 0844 884 5058, and we will complete the forms for you.
All the documents and forms including Memorandum and Articles of Association are electronically filed with Companies House, and all filing fees are paid for you.
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When the incorporation is completed, this usually takes 1 to 4 hours, you will have a full legal trading company that has been registered with Companies House, a unique company registration number is allocated and details are made available on their company registration WebCheck page. The company can start to trade immediately without restrictions.
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Certificate of Incorporation emailed 1 to 4 hours
As confirmation of the company registration we email you the Certificate of Incorporation in PDF format, to view this document you will need Adobe Acrobat reader which can be downloaded from our Home Page (bottom right hand corner of page). We also email a copy of the Memorandum and Articles of Association in word format. If your application is received before 12 noon we can usually complete your registration within 1 to 4 hours.
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Memorandum and Articles of Association Emailed 1 to 4 hours
Within 4 hours of registration we send you, via email in word document format, the Memorandum and Articles of Association. If your application is received before 12 noon we can usually complete your registration within 1 to 4 hours.
Model Memorandum & Articles of Association
These are the rules and regulations that form the legal basis for the conduct of a company both with third parties and amongst their own shareholders and directors.
The Memorandum of Association must state the name of the company and whether the registered office is situated in England, Scotland, Wales or Northern Ireland, these used to include the amount of the authorised share capital but since 1st October 2009 there is no longer any authorised capital,the model mem's now only list the names of the shareholders
A copy is usually given to each shareholder and if you intend arranging your own business bank account, your bank manager will also require a copy.
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1 x Hard Copy Memorandum and Articles of Association
Within 48 hours of registration we endevour send you, via Royal Mail First Class delivery, a soft bound Hard copy of the Memorandum and Articles of Association.
Memorandum & Articles of Association
These are the rules and regulations that form the legal basis for the conduct of a company both with third parties and amongst their own shareholders and directors.
The Memorandum of Association must state the name of the company and whether the registered office is situated in England, Scotland, Wales or Northern Ireland. They include the amount of the authorised share capital, the classes of shares and the number of shares that are to be registered. The Articles of Association govern the internal affairs of the company.
A copy is usually given to each shareholder and if you intend arranging your own business bank account, your bank manager will also require a copy.
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Original Hard Copy Certificate of Incorporation
Within 48 hours of registration we will send you, by Royal Mail First Class delivery, the original Certificate of Incorporation.
A company is a separate legal entity governed by the Companies Act. Incorporation is the process by which the company is entered on the register at the Companies Registry, and thereby comes into existence as a separate legal person. A Certificate of Incorporation will be sent to the company by the Companies Registry on first incorporation.
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Foerster's have joined forces with Barclays Bank PLC, HSBC PLC and Alliance & Leicester to provide an exclusive company formation and fast track business bank account package.
By providing a minimal amount of information you will be able to take advantage of a service that will result in a new corporate bank account usually opened within a week of placing an order for the new company formation. Free bank accounts are subject to the banks own status checks.
Our combined service includes all the elements of our company formation service and the following business banking features:
- Business Bank Account usually opened within ONE WEEK of ordering the new company formation.
- Upto 24 Months’ free banking with no restrictions automatically available.
- Accounts are opened with the Bank branch housing a business Relationship Manager closest to the Company’s Trading Address.
- No forms to complete
- No need to make an appointment with Barclays or HSBC
- No formal interview with the branch manager. All that is required is for all parties to the Bank Account to attend their local branch (no appointment necessary) of Barclays or HSBC (depending on your preferred Bank) to present a Mandate and provide proofs of identity & address as they would for any other bank account.
- The bank account is a full corporate business account. Your business will receive a cheque book and debit card, face to face banking, online banking and telephone banking, BAKS & CHAPS.
What is the full procedure?
Step 1). You complete the online company incorporation application form, or Tel 0844 884 5058 (call charged at local rate) and we will complete the form for you).
Step 2). We send by return an email requesting a little more information for the bank account.
Step 3). All paperwork is completed for you and processed through Barclays / HSBC
Step 4). The Bank send you a welcome pack by first class post.
Step 5). Inside the welcome pack is a mandate, you need to sign the mandate and take it to your local branch, no appoint necessary, along with your proof of ID (passport, Utility bill etc).
And that is it, there is nothing else for you to do, in other words:
- no awkward interviews with the bank manager
- no completing of lengthy forms
- no compiling of business plans
Will I qualify for a Fast Track Bank Account?
To qualify for your business bank account, first you need to form a company through our usual procedure, and providing you and your fellow officers (other people involved in the company) have no major adversities (bad credit, bankruptcy, ccj’s etc), and you can prove who you are and where you have lived for the passed 3 years, then there shouldn’t be a problem and you will qualify for an account.
If you do have any adversities, bad credit problems, then please don’t despair, we can still help you, we have a special relationship with most of the high street banks and can usually, in 99% of cases, still arrange a business bank account, simply telephone our office on 0844 884 5058 (calls charged at local rate) and we will be happy to help you in any way we can.
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Many high street banks have imposed certain restriction on usage of business bank accounts before they will authorise free bank facilities, Foerster Business solutions have secured unrestricted free banking for 18 months with two of the major high street banks Barclays PLC and HSBC PLC. Both banks have excellent facilities, offering a multitude of professional services, such as business planning, raising capital and investments.
Foersters are completely satisfied either bank will give you a first class service and thus are asking you to select your chosen bank for your fast track business bank account. You will be asked to make your selection via email following registration of your company
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Foerster Business Solutions is able to apply for VAT registration for all UK businesses (Limited Companies, Sole Traders and Partnerships).
Key benefits of our service include:
- NO complicated VAT registration form to complete
- FAST online VAT registration
- Retrospective (back dated) applications*
- Reclaim VAT on start up costs*
- The charge is 100% tax deductable
- Guaranteed sameday application option**
*Subject to individual circumstances.
**For clients requiring a TURN number (A special VAT number to enable the release of goods in customs). Note you must apply for a TURN yourself but cannot do so until your VAT application has been made. Additional fee of £15.00 +VAT applies.
You can start trading but you cannot charge or claim VAT unless you are VAT registered.
The official main reference guide to Value Added Tax ( "The VAT Guide" HMCE Reference: Notice 700) is available to download from the Customs and Excise web site.
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Your company will receive a unique 0844 XXX XXXX number, this is not the same as the high rate 0870 numbers as supplied by some of our competitors, our numbers are all charged at local rates no matter where in the UK your customer calls from, in addition the number comes with many professional features including the following and they are completely FREE of all charges.
Key advantages and features
- Free 0844 number gives your company a national presence
- Zero and running cost
- Re-direct your calls to multiple UK landlines
- Voicemail to email & missed call notification to email features
- Update your system via our on-line control panel 24/7 all changes are instant
- Call re-routing to your home, office or multiple locations
- Professional phone image to create a corporate feel
- Never let your customer hear the engage tone again
- Choose from a selection of professional greetings
- Identify calls before speaking with the caller
- Give clients one contact number
- Messages can be accessed via your e-mail
- Choose your own style, of on hold music for callers to listen to
- Queue customer calls during busy periods
- Track your marketing, use a separate Number for each campaign
- Disaster recovery for your phones in an emergency situation
Features list
Our system has many useful features that will benefit your business. Whether you want to create a more professional image, have a national presence, manage your incoming calls more effectively or install disaster recovery for your phone lines we have the answer.
NMAC Technologies (Never Miss A Call) explained:
Call queuing for your business
Call queuing for your business. If you have limited lines into your office we will queue the callers and put them through to you as soon as a line becomes free, in effect this increases the number of lines available to you. Your customer will never hear the engaged tone again and you won't miss a call!
No maintenance and no licensing fees
We maintain the service at no cost to you. We also cover the performing rights expense, another cost saving..
Missed call alert
Should a customer hang up when they are on hold we will send their phone number to your email address in seconds so you can call them back. A major plus for customer service.
No capital expense
No need to buy an expensive PBX (PBX is a traditional switchboard)
Easy answer phone
If the caller has been on hold for more that 2 minutes or calls out of hours we give them the option to leave a voice mail. Once they have completed the message, we e-mail it to you in seconds. This makes it easy for you to listen to, forward and store. This feature is so much better that an old fashion answer phone.
Instantly re-routes your calls
If you move offices permanently, or just for a day or a week or even an hour, you can re-route all your calls to the new office. This can be done via a simple web page, and its INSTANT! In a disaster recovery situation you can re-route to an alternate location in seconds and continue to conduct business.
Powerful follow me and call distribution capabilities
If you work from more than one location or your company has multiple offices or employs home workers we can distribute your calls to any of three locations, ensuring that the call is answered by the first available operator regardless of their geographic location.
Line Identification Option
Each number you obtain can be configured for a different purpose e.g. sales, admin, support etc. When you answer the call you will hear a short message which will identify the call; such as "you have a sales call". This allows you to personalise the way in which you greet each caller. Home workers can identify between personal and business calls. This will become invaluable to you!
Web based control panel
Enter the user name and password you selected and then our simple control panel lets you update or amend your number settings. It takes seconds and is simple to use. You can update your settings whenever and as often as you like. Call our customer service desk during office hours if you have a question regarding the settings.
No cost to your business
There is no set up fee or rental fee for this product. There is no increase in your phone charges or your phone bill. It is 100% free for businesses, sole traders or home workers based in the UK that have less than 50 employees. We Guarantee this!
0844 local rate number
Choose your own local call number. Never have to change your telephone number again, no matter what part of the UK your business moves to. Get a BIG company feel with BIG company features.
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Our Registered Office Service
All businesses must have a registered office to receive official mail. Official mail consists of corespondence from Companies House and other government agencies together with mail from UK courts. Many of our clients prefer not to have official mail delivered direct to their trading address (for example if this is also their home address) and therefore choose our registered office service, our professional package offesrs this service for a 12 month term.
Mail Forwarding - Legal Mai
We will forward all your legal mail onto an address of your choice for a period of 1 year. Legal mail sent by Companies House, the inland Revenue and county courts.
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Internet Merchant Account
We will introduce you to our merchant partners to who, if you qualify, will provide you with an internet merchant account you can opt for either the Gateway or Complete Solutions service, once the account is approved it will be subject to the providers usual service fees starting from as little as £5.00 pcm. An internet merchant account allows you to securely process credit cards and debit cards online and over the telephone.
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IDomain & Website
We will register a .co.uk domain name of your choice and give you access to 200 mb webspace, 24/7 access to interface, 5 email addresses and hosting for 1 year.
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Compliance
We will remind you of important filing dates, annual return and annual accounts filed at Companies House.
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Everything you need to know about a Limited Company and more
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 two directors unless the company's articles of association allow for one director and one secretary (our standard M & A’s are written for one a minimum one director and one secretary, for all other scenarios please contact our office 08443 57 58 59 local rate call) - 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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Packages at a Glance
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| Electronic Certificate |  |
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| Electronic Memorandum | |
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| Electronic Articles | |
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| 0844 or 0843 Business No. | |
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| Business Bank Account* | |
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| Merchant Account* | |
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| Official Printed Certificate | |
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| Printed Articles | |
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| Printed Memorandum | |
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| VAT Registration | |
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| 200 mb Web Space | |
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| Web Hosting 1 Year | |
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| 5 email Addresses | |
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| Domain .co.uk | |
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| Registered Office 1 Year | |
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18mths |
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| Legal Mail Forwarding | |
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18mths |
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| General Mail Forwarding (6mths/1yr) | (6mths) |
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| Nominee Secretary 1/3 Year | (3yrs) |
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| Ringbinder Register | |
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| Company Seal | |
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