A fast and efficient incorporation service that maintains the specialist and expert advice that Elemental CoSec is renowned for
From advice on the form of entity to the structure and documentation surrounding the new entity, we will guide you through the entire process with the professionalism and skill that you would expect from experts in the field.
We have developed a precedent set of articles of association that is based on our years of corporate and company secretarial experience. Use of these articles is included free of charge when you incorporate a company with us.
A public limited company is a company that has the ability to offer its shares to the public. However, PLCs often choose not to do this and they can be owned privately by just a few shareholders. In these instances, it is generally felt that it adds to the prestige and image of the company. There are various restrictions that apply to a PLC that don’t apply to a private limited company including that:
Limited liability partnership combine the benefits of corporate status (i.e. having a legal personality separate from its members) and unlimited capacity with the protection of limited liability for members and the ability to operate and have the same tax status as a traditional partnership.
In addition, LLP are under no obligation to file a constitution at Companies House, and therefore their profit-sharing arrangements, decision-making structure, exit provisions and other internal rules remain private between the members.
LLP are popular with professional practices such as lawyers, accountants and surveyors, but are also used in other circumstances where their flexibility or special tax status may be more advantageous than a traditional limited company.
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