CIC company limited by guarantee - option 3

Package overview: About company formation package

£233.89
The Third CIC Company Limited by Guarantee Formation Option Overview

Quick CIC company limited by guarantee formations

This option of the CIC company limited by guarantee formation is the fastest process with statutory required documentation to get your community interest business started, and business bank account with Barclays, RBS or Lloyds.

This package is ideal for the sole director company, who can verify official company documents by a single signature and a company stamp, & who wants the main incorporation offer with all documents send by post.

Documents

The following items will be posted free of charge by Royal Mail first class to your door upon the formation of your CIC company limited by guarantee: -

1. A laminated certificate of incorporation printed on a special class of the ivory paper;
2. One set of the memorandum and articles of association with a company's registers printed & top-notch bound;
3. A hard bound copy of the of the first meeting of the board of directors;
4. Two membership' certificates printed on the special layout security design paper;
5. A certificate of the beneficial owner;
6. The rubber stamp of your company.

About the fast-track business bank account

The business banking account is the subject to satisfactory status and identification checks by the Bank. You will be a subject to the usual credit & identity checks by the Bank.

Where you request a bank account through our business banking accounts' referral service, you confirmed that you agree that your personal details will be submitted on your behalf to the Bank & to being contacted directly by a Bank' officer for the purposes of fulfilling opening a business bank account request.

The business bank' accounts are opened & provided by the Bank and are subject of the Terms and Conditions as set forth by the Bank at the time of account opening. Should you be unable to open a business banking account, we will not charge you an additional fee.

About the CIC company incorporation procedure

We will incorporate your own CIC company limited by guarantee from scratch using your own registered office address, and appoint your own candidates to the roles of a company' director, secretary (not always needed, but it is still recommended), member, beneficiary and the person with significant control. Upon business entity' creation, these details will be recorded as the original details of your private company limited by guarantee.

Our business consultants have broad and deep business experience with companies registration requirements, and incorporation procedures, we can offer a free initial consultation either by e-mail or via the phone; personal consultations at our main office location in London, which is situated in 120 Baker Street; & will be charged at our standard hourly rates set at the minimum of one hour. We endeavour to respond to your e-mails within 24 hours.

If you require any basic or general information regarding our online order forms, incorporation procedures, fees or legal requirements, you can address your enquiry over the phone: +44 (0) 207 935 5171 or 0330 808 0089.

If you would like a personal face-to-face consultation & dedicated help with your limited company obligations, responsibilities of a company itself & legal requirements, tax advice, business or tax planning services, do not hesitate to call us: +44 (0) 207 935 5171, or 0330 808 0089 & ask for an appointment at our office in London.

When your company will be ready

The formation of a CIC company limited by guarantee usually takes as little as two to six days from the time that your application & payment are received by Coddan.

Companies registration can sometimes takes slightly longer. Although the majority of CIC companies are incorporating within a maximum of 8 days, there may be occasions where the process takes longer due to circumstances beyond our control.

Choose a Company Name

First choice: *

Second choice:

Explanation:About the guaranteed same-day service

Guaranteed same-day company incorporation - £240.00

Free business bank account referral

Barclays Bank Not required

Register your business entity with HM Revenue and Customs

Explanation:About the registration with the HRMC

When your limited company is formed and registered at Companies House, Companies House tells HMRC that this has happened. This applies whether you start your business as a limited company or change from a sole trader or partnership to a limited company. It also applies whether or not your company is active or has started trading.

HMRC sends a newly formed company an introductory pack within six weeks of being told by Companies House that the new company exists. This pack contains corporation tax forms and explanatory notes for new companies. The pack usually sent to your company's registered office, which may or may not be the same address that you trade from.

You should complete and send a completed form (new company details) to your corporation tax office as soon as possible. If your company is dormant, you should complete a dormant form instead.

It is important to complete these forms as HMRC uses the information you provide to work out your corporation tax paying and filing deadlines. They will send you a form to confirm these deadlines, unless you have told HMRC that your company is dormant.

If your new company has not yet started trading you need to tell HMRC as soon as possible if your company has been set up but is not yet trading or engaging in any business activity. In other words, your company is dormant.

Penalties for not telling HMRC your company is liable for corporation tax
If your company or organisation has corporation tax to pay but you do not receive a 'Notice to deliver a Company Tax Return' from HMRC, you still must tell HMRC it is liable for corporation tax. If you do not, your company or organisation may be charged a penalty. HMRC calls this a 'failure to notify' penalty.

Where the obligation to tell HMRC that your company or organisation is liable for corporation tax takes place on or after 1 April 2010, the penalty is based on the amount of tax that is unpaid or that your company or organisation is liable for. This called the 'potential lost revenue' or 'PLR'.

What we can offer you
1. To avoid any potential problems with the HRMC, we can offer you a straightforward registration of your company with the HRMC to confirm is your company is trading or not.
2. We can wait for an introductory pack from the HRMC, and then complete it & register with the HRMC for your behalf.
3. We can be appointed as your corporate tax-agent.
4. As soon as we will register your company with the HRMC we will be able to apply for an unique tax registration number for behalf of your company.

Close the note

I require an assistance with the Inland Revenue (HMRC) registration

The applicant details

Summary:About your contact details Caution:About your e-mail address

Your personal details

Title

First name *

Last name *

Date of Birth *

Nationality *

Occupation *

E-mail *

Your address

Address *

Town *

Postcode *

County

Country *

Phone *

Mobile *

The person with significant control (PSC)

Explanation:Meaning of the person with significant control (PSC) Explanation:Can a nominee director or shareholder qualify as a PSC?

The person with significant control is the applicant

The person with significant control is the company director

The person with significant control is the company shareholder

The person with significant control is another individual

Title

Date of Birth *

Nationality *

Occupation *

First name *

Last name *

Address *

County or State

Country *

Town *

Postcode *

Phone *

Mobile *

E-mail *

The Level of the Company Control

All companies must to submit details of the person with significant control (PSC), this can be anyone who influences the day to day running of the company.

Holding more than 25% of the shares

Holding more than 25% of the voting rights

Holding the right to appoint or remove a majority of directors

Having the right to exercise significant influence or control

Summary:About the certificate of the PSC

I require certificate of the PSC - £15.00

The beneficiary owner details

The beneficiary owner is the applicant
The beneficiary owner is another individual
The beneficiary owner is a corporate body (another company, partnership or trust)

Title

First name

Last name

Address

County or State

Country

Mobile

E-mail

Date of Birth

Nationality

Occupation

Town

Postcode

Phone

Fax

Industry

Legal name

Governing law

Town

Postcode

Phone

Fax

Legal form

Registered No.

Address

County or State

Country

Mobile

Please enter details of an authorised company representative below:

Title

First name

Last name

Address

County or State

Country

Mobile

E-mail

Date of Birth

Nationality

Occupation

Town

Postcode

Phone

Fax

Industry

The registered office address

I want to use the same registered address as that entered in the applicant section
I want to use the same registered address as that entered in the person with significant control section
I want to use the same registered address as that entered in the director section
I want to use the same registered address as that entered in the shareholder section
I want to use my own different registered office address

Address

County or State

Country

Mobile

Town

Postcode

Phone

Fax

The provision of the trading & inspection address

Explanation:About the service and inspection address Explanation:Disclosures relating to the registered office and inspection place

A limited company shall disclose: -

(a) The address of its registered office;
(b) Any inspection place; and
(c) The type of company' records which are kept at that office or place, to any person it deals with in the course of business who makes a written request to the company for that information.

The limited company shall send a written response to that person within five working days of the receipt of that request.

Where can you keep these records?
You may keep all or any of these records at the company's registered office. The company may choose an alternative location to make these records available for inspection.

The company can only have one alternative location to the registered office at any given time. That location must be in the same part of the UK as the registered office, e.g. a company registered in England and Wales can have an alternative inspection location in England and Wales only, but not in Scotland or Northern Ireland.

The company may choose to keep some records at its registered office and some at its alternative inspection location provided that all the records of a type are kept together.

Offence
Where a company fails, without reasonable excuse, to comply with any requirement in regulations, an offence is committed by: -
(a) The company; and
(b) Every member and officer of the company who is in default.

A person guilty of an offence is liable on summary conviction to: -
(a) A fine not exceeding level 3 on the standard scale; and
(b) For continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

For the purposes of this regulation a shadow director is to be treated as an officer of the company.

Requirement to display registered name at registered office and inspection place
3. (1) A company shall display its registered name at
(a) Its registered office; and
(b) Any inspection place.
(2) But paragraph (1) does not apply to any company which has at all times since its incorporation been dormant.

Requirement to display registered name at other business locations
4. (1) This regulation applies to a location other than a company's registered office or any inspection place.
(2) A company shall display its registered name at any such location at which it carries on business.

Manner of display of registered name
5. (1) This regulation applies where a company is required to display its registered name at any office, place or location.
(2) The registered name shall be so positioned that it may be easily seen by any visitor to that office, place, or location.

Registered name to appear in communications
6. (1) Every company shall disclose its registered name on: -
(a) Its business letters, notices and other official publications;
(b) Its bills of exchange, promissory notes, endorsements and order forms;
(c) Cheques purporting to be signed by or on behalf of the company;
(d) Orders for money, goods, or services purporting to be signed by or on behalf of the company;
(e) Its bills of parcels, invoices and other demands for payment, receipts and letters of credit;
(f) Its applications for licences to carry on a trade or activity; and
(g) All other forms of its business correspondence and documentation.
(2) Every company shall disclose its registered name on its websites.

Offence: -
10. (1) Where a company fails, without reasonable excuse, to comply with any requirement in regulations 2 to 9, an offence is committed by: -
(a) The company; and
(b) Every officer of the company who is in default.
(2) A person guilty of an offence under paragraph (1) is liable on summary conviction to: -
(a) A fine not exceeding level 3 on the standard scale; and
(b) For continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.
(3) For the purposes of this regulation a shadow director is to be treated as an officer of the company.

Close the note

My company is dormant & I do not need to have a service or inspection address
I want to use the same SAIL address as be entered in the applicant section
I want to use the same SAIL address as be entered in the person with significant control section
I want to use my own single alternative inspection location in the UK
I require Coddan to provide the trading & inspection address for my business - £150.00

Members contribution

Explanatory Note:About the members' contribution Summary:Standard membership contribution upon formation of your company Nota Bene:Non-standard membership contribution upon formation of your company
Please tick one of the options below to choose the members' contribution:

I want to register my company with a standard membership contribution
I want to register my company with a non-standard membership contribution - £80.00

Standard industrial classification of economic activities

Main SIC Code *

Additional SIC Code

CIC company limited by guarantee - option 3

Choose a Company Name

Free business bank account referral

Register your business entity with HM Revenue and Customs

Information in updated

The applicant details

Your personal details

Your address

Appoint your own candidates (officers)

First Candidate

Second Candidate

Appointment of additional officers (if it's needed)

Third Candidate

Fourth Candidate

Fifth Candidate

The person with significant control (PSC)

The beneficiary owner details

The registered office address

The provision of the trading & inspection address

Members contribution

Standard industrial classification of economic activities

CIC company limited by guarantee - option 3

£233.89 The Third CIC Company Limited by Guarantee Formation Option Overview

About the fast-track business bank account

About the CIC company incorporation procedure

When your company will be ready

Choose a Company Name

Free business bank account referral

Register your business entity with HM Revenue and Customs

Information in updated

The applicant details

Your personal details

Your address

Appoint your own candidates (officers)

First Candidate

Second Candidate

Appointment of additional officers (if it's needed)

Third Candidate

Fourth Candidate

Fifth Candidate

The person with significant control (PSC)

The beneficiary owner details

The registered office address

The provision of the trading & inspection address

Members contribution

Standard industrial classification of economic activities

£233.89
The Third CIC Company Limited by Guarantee Formation Option Overview