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Companies House is the executive agency of the British Government that maintains the register of companies, employs the company registrars and is responsible for incorporating all forms of companies in the United Kingdom. [3] [4] Prior to 1844, no central company register existed and companies could only be incorporated through letters patent ...
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [69] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
Company formation agents have direct links into Companies House, to look up the company name, and submit the company. Different agents have differences in their processes caused by their website and software implementation. Companies House have a list of company formation agents that have passed integration testing. [13]
Once the decision has been made about the type of company, formation occurs through a series of procedures with the registrar at Companies House. [18] Before registration, anybody promoting the company to attract investment falls under strict fiduciary duties to disclose all material facts about the venture and its finances. [19]
In Hungary, business entities are mainly regulated by the Companies Act of 2006, [49] the Companies Registration Act of 2006 and the new Civil Code of 2013. [50] All companies are required to indicate their type in their name.
According to ratings published in 2016 by the website OpenCorporates, Denmark and United Kingdom are the leaders with regard to openness of information available in a company's register. [3] Registries/registrars in these countries are named, correspondingly, Central Business Register and Companies House.
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.
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. The current Companies House record is five minutes to vet and issue a certificate of incorporation for an electronic application. [citation needed]
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