Incorporating a new Ltd: Initially Dormant

[IDN101]

Hi there,

I am looking to incorporate a LTD in the very near future.

This will be my first company and I have some general questions I hope you guys can help with:-

-I understand that instead of dealing with Companies House direct myself, I can go through a 3rd party "Incorporation Agency" that will register the company for me?
Can anyone recommend a reputable agency?

-I plan on actually starting my business operation in January 2014, but I wish to incorporate the company this week. Should I incorporate it as a "Dormant" company now and then change its status to "Live" (or whatever the official term would be) in the new year when I am ready to trade. Or do I just register it as an active company now????

-Everything I have read leads me to understand that I should leave the "Articles of Incorporation" as standard? (The business is going to be me offering consultancy services in the construction software field)

-If I register it as Dormant initially, is there a charge for me to change its status to Trading? And is it best for me to change this status wit Companies House myself, or does the "Incorporation Agent" change its status for me (I would expect they would charge for this????)

I am also looking to register my trademark for this company. I suspect I should register the company first (as it will only take a day) and then when I apply for TM registration (which can take up to 4 months) I apply as "the company" being the owner of the TM and not me personally?


Many thanks for any help
Kind regards,
Ian

Sent from my iPad using Tapatalk HD

 

[superdooper500]

Companies made simple is the formation agent I use, and its perfectly fine, £20, job done. Just use the standard docs they supply.

Just register the company, and don't worry about it, if you begin trading now, or in 3 months, it makes no odds, your returns such as annual return and accounts etc are annual, so don't panic too much about dormant status for 3 months etc.

Seek advice on the trademark scenario, but I would've thought the trademark will become an asset of your company, and not yours personally, so I would assume (though don't quote me) that you'll want to apply as the company.

PS - do you really need to register a trademark for a consultancy business? I assume this is a one man band type scenario? Or do you actually provide a branded software product?

 

[IDN101]

Many thanks for the advice

Regards the trademark- I have come up with a unique name and an associated logo. I would just like to protect this, thinking to the future. The first year or two- just me,; in 5 years time, who knows how big the company may be. I see the name and logo as a big part of the brand.

Thanks once again.

Regards,
Ian

Companies made simple is the formation agent I use, and its perfectly fine, £20, job done. Just use the standard docs they supply.

Just register the company, and don't worry about it, if you begin trading now, or in 3 months, it makes no odds, your returns such as annual return and accounts etc are annual, so don't panic too much about dormant status for 3 months etc.

Seek advice on the trademark scenario, but I would've thought the trademark will become an asset of your company, and not yours personally, so I would assume (though don't quote me) that you'll want to apply as the company.

PS - do you really need to register a trademark for a consultancy business? I assume this is a one man band type scenario? Or do you actually provide a branded software product?

Sent from my iPad using Tapatalk HD

 

[superdooper500]

Many thanks for the advice

Regards the trademark- I have come up with a unique name and an associated logo. I would just like to protect this, thinking to the future. The first year or two- just me,; in 5 years time, who knows how big the company may be. I see the name and logo as a big part of the brand.

Thanks once again.

Regards,
Ian






Sent from my iPad using Tapatalk HD

Fairplay, that makes sense I guess. Best of luck.

 

[mat@msg]

Thanks superdooper500 for the recommendation (I'm from Companies Made Simple!) - very kind of you.

IDN101 - if you have any further questions regarding the company formation feel free to send a dm.

 

[Trademarkroom]

Hi. A trademark can be owned by you as an individual or a company. Have a look at this link for more info: http://www.trademarkroom.com/who-should-own-my-trademark-individual-or-company/

Please feel free to get in touch if you would like more information on registering a trademark.

Free consultation available.

 

[BTC1812]

A company registration is a legal procedure best undertaken by a company formation agent who is qualified to undertake the company registration process. Many are professional accountants or solicitors who are supervised by their professional body for compliance and quality issues, they will also have Professional Indemnity Insurance which should help give you piece of mind. Look for the logo of the supervisory body on the website of the company formation agent you are considering or read the about us text on the online site. Your good professional company formations agent will be licensed by the relevant professional body for the company registration process. Here at Companies Registrations UK we are licensed and supervised by the Association of Accounting Technicians (AAT).

The online company registration process is quite straight forward, after all the company registration is simply the online submission to Companies House of the required information to enable Companies House to decide if they will incorporate your company. But have you complied with the Companies Act? There are many aspects to the compliance requirements of the Companies Act, firstly the completion of the company registers and the issuing of share certificates for the subscriber shareholders. This also should extend to the minutes of the first meeting of the directors of the newly incorporated company.

A good company registration agent will provide a company formation package for you to choose as a part of the company registration online application to help you with these Companies Act compliance issue. At Companies Registrations UK we provide these compliance packages.