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Top Quality & Simple Company Formation Packages for British Professional Clients

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Get to Obtain (UK) Business Formation Non-For-ProfitCompanies CIC Company Registration Across the UK from just ￡215 A (U.K.) CIC Companies and Their Legal Statutory Secretary

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A (U.K.) CIC Companies and Their Legal Statutory Secretary

✓ THE ROLE AND RESPONSIBILITIES OF A STATUTORY SECRETARY FOR YOUR CIC COMPANY․

There’s no longer a legal requirement for a CIC company to appoint a company secretary, but while some CIC’s firms no longer have one, others place a great deal of importance on the key administrative and oversight role this individual plays in a CIC firm’s operations․ A CIC Company’ secretary will typically ensure that the CIC firm is compliant in many areas of the British law, including regulations relating to the health and safety of employees and the protection of the CIC company’s data – both critical matters in maintaining the integrity of a CIC company․

The CIC company secretary will also be responsible for making sure that all CIC’s annual reports and accounts are filed with the relevant governmental authorities, and on-time, including HM Revenue & Customs, Companies House and CIC company Regulatory Office․ Failure to do so can result in significant fines that could hurt the CIC Company’s reputation․

The easiest way to start a new company formation

#1. Summary
#2. A (U.K.) CIC Companies and Their Legal Statutory Secretary
#3. Web-Formation of a “CIC Companies” With a Registered Office Address
#4. CIC Enterprises Post-Formation Services and Yearly Maintenance
#5. Open a CIC Companies in England, Wales, Scotland or Northern Ireland
#6. Community Interest Companies vs. Charitable Company

The cheapest way to start a new company registration

#7. Requirements to Start-up a Community Interest Foundation
#8. How to Create a Community-Interest-Venture
#9. Benefits of a Social-Enterprise (CIC) Companies Do on Web-Formation
#10. Use Coddan to Establish a CIC Organisation On-Line in London, Edinburgh of Belfast
#11. CIC Companies vs. Companies Limited by Guarantee

BENEFITS OF APPOINTING A STATUTORY LEGAL SECRETARY․

✓ Why are the State CIC Business Secretary and Do a “CIC” Companies Legally Hold&45;Office are Important as a Legal Requirement?

The benefits of appointing a Statutory Secretary for your CIC Company with Coddan are numerous, it’s a position your CIC company is cannot afford to ignore․ The duties that would have been the responsibility of the CIC’s Company Secretary still exist whether you currently have a Secretary or not․ These are need addressing and no director of a CIC company big or small will want to be saddled with all the state admin and paperwork․ Every successful business director does knows the importance of delegation․

So why choose Coddan? Our wealth of “CIC’s Business Corporation’s” secretarial service experience will be able to assist your CIC business in the appointment of a new Statutory Secretary․ Our efficient, professional, and low-cost services are will do help you make the best business decisions and guide you towards the future․ Your CIC’ appropriate a Formal Business Address is must to be filled in and a duly-registered on the Registrar of Companies records and with the HMRC report as well․

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✓ LEGAL REQUIREMENTS TO REGISTER A CIC COMPANY IN THE UK FOR UK RESIDENTS꞉

If you’re considering registering a CIC company in the UK for the first-time and are a UK-resident, you’ll need to bear in mind that there are a number of legal requirements you must meet․ Here at Coddan we can tell you all you do need to know, and guide you through the legal CIC formation process if you decide to use our CIC’s company registration services․ ‘A Community’s Interest Company’s’ (a ‘CIC’) is a special type form of a non-for-charitable a limited company, which exists primarily to benefit a community․

At in first-things you’re required to have when you want to register a CIC company are people – CIC company’s officers․ If it’s a private company limited by shares or by a guarantee, the requirement is a minimum of one director and one shareholder (guarantor), and you can also appoint a Company Secretary if you wish․ For a “CIC Company Limited by Shares”, a sole director is can also to be appointed to the roles of secretary or shareholder․

It’s important to note that there’s no minimum age limit on a CIC company officers being appointed, but because these positions carry legal responsibilities, anyone under 16 will likely not be legally approved by Companies House․ Additionally, it often arises that there aren’t enough knowledgeable candidates for the roles of a CIC company officers, or that some people don’t want their deal with legal paperwork’s, and at Coddan we can assist in by providing a Statutory Secretary․

Another legal requirement for registering a company in the UK for UK residents is that there must be an official registered legal office address within the UK, whether in England, Wales, Scotland or Northern Ireland․ All company’s documents must to be kept at that Legal Office’s address and to be available for inspection at any time․ If you don’t wish to use your own address, we can provide you with the Registered Office address service for your CIC Company as part of our CIC registration services and deal with all your official government correspondence.

Registering a CIC company can be a complicated process, but it doesn’t have to be․ You can simply and easy use our online Web-Application Form to get your CIC registered, and we can assist with additional services as required․ Here at Coddan, we provide full incorporation and post-incorporation support, so if you’d like to talk to us about registering a CIC company, get in touch with us now․

Every year, a CIC must fill in its trade reports - annual community interest report (Form CIC34) which will be placed on a public records at a Registry of Companies․ In addition to reporting to a Companies House and in HMRC, a CIC Firm is must to report to the CIC Regulator․ Many limited companies appoint a Company’s Secretary to look after a company statutory records, as it's a very a time-consuming․

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✓ WHY THE UK-RESIDENTS SHOULD NOT AVOID THE APPOINTMENT OF A CIC BUSINESS ENTERPRISE’S LEGAL SECRETARY꞉

Since 2008, CIC private companies have not been legally obliged to appoint a company secretary, although public companies still must․ Whilst this has given small CIC companies an element of flexibility, it has not changed the fact that the specific tasks carried out by a CIC company secretaries still need to be completed․ Many of these tasks are mandatory, including the filing of official paperwork with Companies House and the submission of annual accounts․ At Coddan, we can appoint a CIC “Governance Company Legal Secretary” to your CIC’s corporate business - ensuring that these essential administrative duties are completed accurately and on time․

Although a CIC company secretary is not required by-law, any successful, well-run business should have someone to take responsibility for the essential duties they usually undertake․ For instance, they will usually ensure that changes to directorships are filed with Companies House, and that the CIC statutory registers are updated․ They will take charge of meetings between directors, take minutes and deal with any subsequent actions․

A CIC company secretary monitors the general operations of the CIC business organization to ensure that it remains compliant with the law․ This includes notifying Companies House of any resolutions passed by directors - using the correct submission forms․ The CIC secretary will usually be the person responsible for gathering profit and loss accounts and submitting them in the proper way․ These are statutory responsibilities of all CIC incorporated organisations, and failure to comply can lead to hefty fines, and in the most serious cases, being struck-off from the CIC companies register․

Without a CIC company secretary monitoring systems of reporting and ensuring legal compliance, CIC Companies are can to fall foul of the law․ From being a cosignatory for the execution of statutory documents to authenticating official Companies House submissions, the responsibilities of a CIC Company Secretary are extremely important to the overall success of any business․ By allowing us to appoint a Legally-Secretary to your CIC company, you can be ensure that your CIC business remains compliant with the regulations laid-out in the Companies Act 2006․ With expert help like that, you can concentrate on the operational needs of your CIC business․

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✓ A CIC BUSINESS CORPORATION ENTERPRISE FORMATION WITH A LEGAL OFFICIAL STATUTORY SECRETARY꞉

At Coddan, we provide CIC Company’s Formation with a statutory secretary at highly competitive prices and in a short amount of time․ Every CIC company’s enterprise in the UK’s must to have at least a one director can have more than ONE directors and may have a CIC Corporate company secretary․ These essential CIC Companies officers don’t have to be based in the UK or to be British-nationals; they can be anywhere in the world and be of any nationality․ A CIC must be a limited company, but it can be a “limited” either by shares or by a guarantee ❨check our part on the “Limited Companies” for more on this❩․

Our Corporate Secretarial service packages are designed in a way that we will handle all of these affairs on your behalf, leaving you free to get on with the running of your “Community Interest Business” and not become bogged down in a lot of administrative work․ This is especially helpful is for a sole CIC’s single-directors who is do choose to incorporate as a “CIC” limited company using our legal Secretarial Service option․

However, it should be noted that when using us as your statutory secretary, we won’t be involved into running of your CIC business in ANY WAY․ You will still maintain full control and ownership of your business, and you can change the statutory company secretary at any time․

When your CIC company is set-up, we will provide you with all the legal documentation for your files․ These include the “Certificate of Incorporation” as well as the CIC “bespoke” Memorandum and Articles of Association․ Each package comes with a range of services, including maintaining statutory CIC’s Registers, ensuring that required information is filed with the governmental authorities and facilitating the opening of a business banking current account, among others․

We have many years of experience setting-up CIC companies․ If you would like to know more about this, talk to us today and we’ll be happy to advise․ When the CIC Company is formed, you will get all of the legal documentation to prove the new CIC company’s legally existence․ They include the official Certificate of Incorporation and CIC’s Memorandum and Articles of Association․ A printed copy of the “Articles of Association” that complies with the requirements of a Section 18 Companies Act 2006 and a related CIC legislation is also available upon request․

✓ PRIVATE LIMITED CIC COMPANIES REGISTRATION FORMALITIES PROCESS EXPLAINED꞉

The vast majority of CIC companies that are trading in the UK are registered as private CIC companies limited by shares․ The ownership of a private limited CIC company is divided up into parts called as “shares”, the owners of which are called as “shareholders”․ Every CIC private limited company is must to have at least one shareholder, and as the shareholders are the owners of the CIC company, they do have certain rights; for an example, they may to be able to vote at on general meetings of the CIC company․

The owners of a CIC private limited company are not personally responsible for any debts incurred during the course of a CIC business activities; they do have a “Limited-Liability”, which is the main draw of this type of a CIC business structure․ Their liability is only limited to the original value of the shares issued to them, but not paid for․ For example, if a shareholder owns 250-shares originally valued at on £1 each, but previously purchased for 100 shares for a £1 each, they will be only be liable for the original value of the shares they have not purchased, i․e․ £150, if the CIC company will do fails․

The owners of a CIC private limited company’s are not necessarily involved in day-to-day running of the CIC Company Businesses, unless they are on the Board of CIC Directors․ A private limited CIC company is must do have at least of one director, who is legally responsible for overseeing the running of the CIC company․ A private limited CIC company does not legally require for to have a company secretary․ However, it is possible for the director to appoint a secretary to take on some of their responsibilities․ Even if a director appoints a CIC Company Secretary, they remain legally responsible for running the CIC company․

A private limited CIC company is must also to have “Articles of Association”꞉ These are the RULES that the directors, CIC’s company secretary and shareholders must agree to․ A CIC company registrant is cannot do to choose to use “Standard Model-Articles of Association”․ At Coddan, we can make setting up a private limited CIC company as a simple task․ We can fill-out all the necessary paperwork done and send the CIC incorporation request to at on Registrar of Companies, completing the process just in a matter of few working hours only․ To find out more, please contact our experienced CIC formations expert advisors today․

Comprehensive information is for people who do want to form a community interest company (CIC), other stakeholders and those giving professional advice is about CIC’s․ We can register a company fully online by using our own Web-Based Software for Companies Registration via Companies House electronic Portal․ We do register a company information and make it available to the public records꞉ use this service to file certain documents online instead of posting a paper form․ Our one-step application form will allow you to quickly and easily set-up your own business online and start trading in just 1 day only․

On Average, provided your CIC activities and benefits are satisfactory, it will normally do take around 1 working day is for to completed a CIC’s Registration․ If the regulator approves your business as a CIC, the Companies Registry is issue a Certificate of Incorporation․ CIC Social enterprise is a way of doing business and does register a business enterprise today and then you will do get registry documents deliver is by tomorrow․

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✓ HIRING CODDAN AS YOUR “CIC” COMPANY’S ADMINISTRATION LEGAL OFFICIAL REPRESENTATIVE AGENCY꞉

At Coddan, we provide a range of administration services for your CIC company leaving you free to get on with growing your CIC business without having to worry about legal paperwork․ Our CIC administration packages are ideal for new CIC start-ups where the owners may not have much experience with the CIC regulatory requirements imposed on private CIC companies․ We can provide a legal company secretary, a monthly book keeping service and payroll administration․ Coddan can also prepare and file your end of year CIC accounts․

It is vitally important to keep accurate legible accounts․ If you fail to do this then your CIC Company is could be liable for fines․ You might also find it difficult to put together an CIC accurate return at the end of the year, something that can result in fines of up to £5,000 and your CIC company is being struck-off the Companies Register․ With bookkeeping and your end-of-year accounts taken care of by Coddan you won’t have to spend precious time getting to grips with book-keeping․

Taking on employees brings with it all sorts of responsibilities․ For a first-time employer this can be a daunting prospect․ Coddan can help ease and simply the load by managing your payroll․ This includes registering for the Pay-As-You-Earn scheme․ Coddan’s computerised payroll service is economically viable even for a one single-employee․ If you’d rather take care of your own books-keeping, but are unsure how to go about it then Coddan can set-out your CIC books for you and then leave you to fill them in․ In this way you know that you’re going to produce paperwork that will be acceptable to Companies House and HMRC․

It’s important to keep your accounts and invoices for at least six years․ This is due to the fact that HMRC can make an assessment of your liability for VAT at any time and paperwork is necessary if you are to challenge their assertions․ Other duties a CIC company secretary is usually involved in include signing-off on various important legal documents – in effect, being the official signatory for the company – as well as acting as the CIC company’s legal representative in any discussions with outside parties, from banks to accountants, potential business partners, solicitors and many more․

A CIC company secretary’s role in ensuring the smooth running of a CIC company extends to the share structure of the CIC firm, and constantly checking the ownership of the shares․ The secretary will also keep copies of all resolutions of members and can give a notice of annual and extraordinary general meetings as they arise․

If you’re planning on establishing a CIC company with the role of secretary included, but either don’t have a candidate to fill-it or would rather not use your own personnel – for privacy of other reasons – here at Coddan we can provide a Legal Secretary for you․

We do have a number of packages to suit various needs, starting from just £300 only per one-year․ Applying for a legal secretary with us is simple – all you need to do is fill-out our online application web-form, which is approved by Companies House, and we will do the rest․ If you’d like to talk to us about having a legal secretary for your CIC company, our expert business consultants are available to answer your queries․ Get in touch with us today now and they’ll be happy to help․

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Business Registry & Regulatory Software Solutions has been developed a Companies Registry Platform that is is can do manage your entire back office, improving productivity, facilitating solutions․ With our vast amount of experience in the Communities Interest Companies start-up and other types of Not-For-Profit CIC Businesses, make us one of the perfect apply choice for helping to get registered your Community Interest Companies over the internet․ Our professional and efficient CIC training business filing team is will do to guide you through the process on the first-one-step towards your journey to a huge success.

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Coddan CPM LTD™

Business One-Stop Shop since 2005
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Registered Address:

Unit 3, Office A, 1st Floor,
6-7 St Mary At Hill
London, City of London,
EC3R 8EE United Kingdom

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ICO Registration Reference: Z9265799
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Registry Electronic Business Registration Services (E-BRs)

Contact us:
Tel: ✆ +44 (0) 207.935.5171
E-mail: 📧 info@coddan.co.uk

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Last update: 16-01-2025