Your company must have a minimum of 1 director. There is no longer a legal requirement to appoint a company secretary, however companies with only one director will often require a second signature on legal documentation (for example when you open a bank account). If you do not appoint a company secretary this documentation will need to be signed by an appointed witness and many companies are still opting to appoint a company secretary.
Your company will require a registered office. This is an address to which all official mail can be sent to your company. If you wish to keep your address private/require anonymity, or you are not allowed to use your address (i.e. if you rent property), Duport can provide this service for you.
Duport provide a company secretary and registered office service to clients at it's discretion. To legally provide this service in accordance with UK money laundering regulations you will be asked to supply identification verifying your identity. We recommend you view a copy of the letter you will receive requesting this information.
VAT registration: there is a £64,000 threshold on taxable supplies where VAT registration becomes compulsary in most circumstances. For most, this will not apply to your first couple of years trading. If you operate below the threshold, you may voluntarily apply also. In ALL cases we recommend you take advice from a good accountant.
You will be responsible for submitting your accounts and annual return to Companies House each year. |
