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  • 600+ Business Solutions - Can phoenix companies ever be legit?
    A director spent 15 years on the run before being extradited from Spain to serve time in the UK for theft and breach of a confiscation order. He had used so-called phoenix companies to escape debts and create a web of fake invoices and loans. But are phoenix companies always a sign of illegality?
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  • Tips & Advice You & Your Business - Do you need a company nameplate on your home?
    To keep company costs down you’re keeping stock in your garage and using a room in your home as an office. A fellow director says you now need local council permission and must put a company nameplate on your house. Is he right?
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  • Tips & Advice You & Your Business - Consultation on company names
    Consultation on company names.. Want to change the rules? The regulations which surround company names aim to ensure that each business which trades under a limited status can be differentiated from another. We’ve previously examined the strict rules ( yr.12, iss.16, pg.4 , see The next step ). However, due to a large number of comments received via the Red Tape Challenge about their complexity, the government has now launched a consultation on the regulation of company names (see The next step ). What...
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  • Tips & Advice You & Your Business - New company applications rejected
    New company applications rejected.. New companies. Companies House (CH) has reported a sharp rise in the number of rejected applications to form a company via its web formation service. It says this is because applicants are incorrectly ticking the box relating to non-disclosure of directors’ personal addresses (see The next step ). This should only be ticked where an application under s.243 Companies Act 2006 to withhold their address has been made (see below). Director’s address. Since 2009 directors...
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  • Tips & Advice You & Your Business - When can you use an unlimited company?
    You’re setting up a new business and a colleague suggests forming an unlimited company to own its trading premises. What are these and what are the pros and cons of being a director of one?
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  • 600+ Business Solutions - Next steps for new directors
    These days you can form a company with just a few clicks of the mouse and payment of £18 to Companies House. But what are the key steps directors should take next?
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  • Tips & Advice You & Your Business - Plans to harmonise all EU business registers
    Plans to harmonise all EU business registers.. Sign-up. Currently, all 27 EU member states hold their own separate business registers; each sets its own rules on what information must be included and how. For example, in the UK all companies must register extensive statutory information at Companies House, whereas in Germany this is undertaken at a local level. Although the core services are pretty similar, there’s no uniformity across the registers. According to the European Commission (EC), this is hindering...
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  • Tips & Advice You & Your Business - You’re inc now
    Your spouse/partner has run a successful business for some time. Now they’re about to incorporate it to form a limited company, with you as a director. Is it as simple as adding the word “Limited” to their letterhead?
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