Company Incorporation Service for Recruitment Agencies
Start as you mean to go on. Setting up a new company is exciting, but you need to make sure you get it right from the get-go. Save time and stress by letting us deal with Companies House and the formation of your Limited Company.
What will we do?
We will incorporate your private limited company and talk you through your articles and ideal corporate structure, ensuring that you not only meet all the requirements of the Companies Act 2006, but that you fully understand what you have done and why you have done it.
Incorporating with more than 1 person?
We can also draft your shareholder agreements and issue any new share transfers to help as you grow.
Now that you’re all set up, what about your terms and conditions?
Company incorporation is the creation of a separate legal entity registered at Companies House under the Companies Act 2006, where the owners become shareholders. It involves the completion of a number of forms and in some cases involves the production of bespoke Articles of Association and Shareholder Agreement.
Businesses should incorporate a company when they want to protect the personal liabilities of its owners and when they foresee large revenues, since incorporation also helps with lowering tax.
This all depends on the structure of each company and how many shareholders are involved.
You will need at least 1 share per shareholder of the company.
For example, if the company will have one shareholder, then it is common to issue 1 share. If you think that you may end up with a shareholder, you may wish to incorporate the company with more shares to avoid having to increase the number of shares later.
If there are two shareholders with equal shares, then it is most common to incorporate with 2 shares, both shareholders holding 1 share each or 100 shares, both shareholders holding 50 shares each.
Nominal share value, which is also known as “par value”, is the face value of a share in a company. Nominal share price will be set at a small value that is far below the real value or cost of the share. It is an arbitrary value assigned for balance sheet purposes and it has little to no bearing on the share’s market price.
Most new UK limited companies are registered with a nominal share value of £1 each, but it is possible for it to be set as low as £0.0001 pence or conversely, at any denomination above that amount.
The nominal value is the minimum price at which shares can be issued.