Are you thinking about starting a new company? Before charting out a plan to start a new business venture, it is essential to register the company nam...
Are you thinking about starting a new company? Before charting out a plan to start a new business venture, it is essential to register the company name at Companies House. This is a Government of UK authority that regulates company incorporation issues.
Entrepreneur-friendly UK laws and a favorable business environment encourage individuals to initiate business ventures in the nation. Owing to business benefits, overseas companies also prefer to register their business in the UK. In this highly competitive environment, it is very fortunate if you find your favourite company name unregistered.
Steps to Register Company Name
With essential knowledge about the legal processes involved, registering a company name is a simple process in the UK. Here are the steps that are involved in this process:
Choose a company name: Shakespeare might have said "What's in a name?" However, in the world of globalization where we live and conduct business, company name is the BRAND. People identify burgers with the name McDonald's. Thus, choosing an attractive and defining company name is the first step towards owning a successful business.
Check the registered names index: Companies House maintains a record of the names that have been registered under the UK laws. Check the index to make sure that your favorite company name is not registered. According to the laws, no two company names can be identical or exactly same. This index is available on the Companies House website. It is advisable to check the Trade Marks Register of the UK Intellectual Property Office as well. Make sure that your proposed company name does not infringe an existing trade mark. Refer to ‘The Company and Business Names (Miscellaneous Provisions) Regulations' for information about the characters and punctuations allowed in a company name.
Other requirements: Get a physical address in England, Scotland or Wales. This will act as the address of correspondence for all official communication.
Registration process: Fill out Forms 10 and 12, which will require details about the company's assets and liabilities, and policies regarding the operation. After completing the registration process, you have to submit a copy of the documents with Companies House.
It is essential to seek prior approval from the government authorities if the company name implies any connection with Her Majesty’s Government, local authority or any body under governmental control.
For detailed information on company formation, visithttp://www.a1companies.com. A1 Company Services Limited offers customized company formation services to individuals across the UK and across the world.
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