WS1: Incorporation

Question 1

What must be delivered to the Registrar of Companies at CH for a company to be registered?

Answer 1

Memorandum
Articles [if company does not intend to use MA]
Fee
Form IN01

Question 2

What must form IN01 contain?

Answer 2

Company’s proposed name
Where Registered Office will be
Liability limited or not
IS the company public vs private
Statement of capital / initial shareholdings
Statement of company’s proposed officers
Details of guarantee if company is limited by guarantee
Statement of compliance with CA 2006

Question 3

What is on an incorporation certificate?

Answer 3

Name of a Company
Company’s Registered Number
Date of incorporation

Question 4

When does a company become a legal entity?

Answer 4

Date of incorporation set out in certificate of incorporation

Question 5

What changes is a client likely to have to make to a shelf company?

Answer 5

Name [changed by special resolution]
Articles
Registered office
Shares held by subscribers are transferred to client
Client’s representatives are appointed as director and company secretary
Company director and secretary reign from their positions