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In the UK, the process of incorporation is generally called company formation. The United Kingdom is one of the quickest locations to incorporate, with a fully electronic process and a very fast turnaround by the national registrar of companies, the Companies House.
Forming a company via the paper filing method can take up to 4 weeks but nowadays the majority of UK companies are formed the same day electronically. Companies can be created by individuals, specialised agents, solicitors or accountants. Many solicitors and accountants subcontract incorporation out to specialised company formation agents.
The same rule also applies when the general partner is a limited company incorporated outside Germany, for example: Limited & Co. KG: the general partner is a UK private company limited by shares; PLC & Co. KG: the general partner is a UK plc; ApS & Co. KG: the general partner is a Danish Anpartsselskab; LLC & Co. KG: the general partner is a ...
Prior to 1844, companies could only be incorporated through grant of a royal charter, by private act of Parliament, [6] or, from 1834, by letters patent. Few companies were incorporated, with only approximately 100 companies being incorporated by private act between 1801 and 1844. [7] At this time, no central register of companies was in existence.
To incorporate a company in the UK, the following documents, together with the registration fee, [8] must be sent to the Registrar of Companies: Form IN01; The articles of association; The memorandum of association; The memorandum of association states the name of the company, the registered office and the company objectives.
If a company is unable to pay its debts as they fall due, UK insolvency law requires an administrator to attempt a rescue of the company (if the company itself has the assets to pay for this). If rescue proves impossible, a company's life ends when its assets are liquidated, distributed to creditors and the company is struck off the register.
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Companies incorporated in Wales may elect for their registered office address to be recorded as in Wales rather than in England and Wales. [8] Under regulations implemented in the UK on 1 October 2009, company directors may now also use a registered office address instead of their private home address for contact on the Companies House register.