Register a limited company with multiple share classes.
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You will be forming a private company limited by shares. What sets this package apart from our other limited by shares packages is the ability to specify multiple share classes, write your own prescribed particulars of shares, and use your own articles of association.
When you issue multiple share classes in your company, you can tailor the individual rights and privileges of shareholders. For example, you could vary the voting rights attached to shares, ascertain whether a shareholder is eligible for dividend payments, or assign special rights such as providing the power to appoint and remove directors.
As part of the Multiple Share Class Package, you can use your own articles of association. There is a step dedicated to uploading your articles of association as a document during the company formation process. Once uploaded, your bespoke articles will then accompany your new application to Companies House.
You should engage a qualified solicitor to draft appropriate articles of association for your company.
Forming a limited company is a simple online process; however, before starting the process you will need the following information to hand: the company name, registered office address, director details, shareholder details (can be the same person as the director), and how many shares you want to issue.
For further reading, please have a look at our resource page: Information Required to Register a Company, which provides a useful company formation checklist.
Yes, we provide up to 8 business bank accounts for our UK customers to include in their company formation, including NatWest, Tide, Monzo, HSBC, Zempler, ANNA, and Mettle.
We offer a WorldFirst UK business bank account referral for our non-UK resident customers, to obtain a UK bank account number and sort code.
WorldFirst provides international business banking with coverage worldwide, allowing you to spend in over 40 currencies and open over 15 local currency accounts.
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Once your company has been formed, we will send you a link by email to apply for your WorldFirst UK business bank account. If successful, WorldFirst will send you your UK bank account number and sort code. Account openings are subject to approval.
It will take you no more than 5 to 10 minutes to complete the online company application form on our website. Companies House will then usually take up to 24 hours to approve your new company registration. Please note this is subject to Companies House workload on the day and it can take longer.
If it is very important your company is incorporated as soon as possible, we would recommend you add the Guaranteed Same-Day Service to your order.
A SIC code or Standard Industrial Classification code is used to categorise a company's business activity. To register a limited company or LLP you must choose at least one SIC code, although you can choose up to four. Do not worry if you do not know the SIC code relevant to your business activity, Quality Company Formations provide a simple SIC code search tool where you can choose your SIC code or codes.
As soon as your new company has been registered at Companies House, we will send you an order fulfilled email. Within this email you will receive a voucher code and instructions on how to set up your new domain name.
All company formation agents have a legal obligation to verify the identity of all customers, directors and PSCs of the companies we incorporate.
Once your order has been submitted we will send personalised links to your email for you where you and any other directors or PSCs will be able to provide your ID. The process should only take a couple of minutes and is free of charge.
It is a simple process to close a limited company. Quality Company Formations offer a Company Dissolution Service at a cost of £89.99 + VAT. This cost includes the Companies House fee, filing the DS01 form and providing the Board Resolution to approve the dissolution of the company.