Yes. All companies must have at least one share issued to one shareholder at the time of incorporation. There must be at least one person or legal entity that owns the company.
Frequently Asked Questions
The following frequently asked questions have been created to answer the most common questions we receive. If you can not find the answer to your question please contact us by phone or email and we will do our very best to assist you.
In general, yes. However, there are some limitations on registering a new company. Whilst many company names are freely available, others are protected.
The registered office is the official address of the company. This is held on record by Companies House and displayed on the public register. Companies House and HMRC will send the company’s notices to this address.
UK companies, LLPs, and PLCs must have an effective registered office address. Limited Partnerships have to provide ‘principal place of business’ which is similar to the registered office.
No, not all directors are shareholders. Directors can be shareholders but they do not have to be.
A company secretary is an administrative officer for a company. They are responsible for filing documents at Companies House and maintaining company records.
In simple terms the shareholders of a limited company own part of the company.
Once a company is formed you can issue more shares by completing form SH01. This can be done online or by using the paper version.
Yes. When forming a new company using our website you can create shares with different names, different values, different currencies and even give each share different ‘rights’. You create the shares how you want them.
UK companies do not legally need to have a secretary. You can register a company with just one director appointed if you wish.
If for any reason you no longer need your company then it is possible to strike-off (dissolve) your company.
Directors are the decision makers for the company whereas shareholders are the owners.
LLP’s are often used by two or more people within a ‘profession’ that want protected liability. They are common among solicitors, accountants, architects, and other businesses that need to define responsibilities and earnings between the members.
LLP’s must have a minimum of two designated members at all times. Designated members enjoy the same rights and duties as any other member, however they are also laden with additional responsibility and legal obligations.
If your company name contains a sensitive word or expression you may need to add supporting data to the application.