Wisteria news category: News

Joint Venture (JV)

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Broadly speaking, a joint venture is a co-operation between two or more companies for a mutual purpose. This purpose could be commercial or charitable, short-term or long-term. If used in the right circumstances, a joint-venture could be a beneficial opportunity to combine both the knowledge and the resources of the members. In this article I will outline the key features of JVCs and answer the most frequently asked questions. Read full article »

Top 4 things you need to know about the role of Company Directors

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A company is a legal person and thus the individuals forming part of it must undertake its management by making decisions. Shareholder’s investment enables the company to exist, however, the directors are responsible for the day-to-day business of the company. Here are The Top 4 things you need to know about Company Directors, which will increase your knowledge and will give you a head start for a successful business. Read full article »

Shares and Share capital

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Shares are a form of company funding and can be held in the two most common types of company: private and public companies limited by shares. Shareholders get shares in return of investing in a company. These shares carry particular rights, the exact nature of which is defined by the “class” of the share and the company that issues them. Read full article »

Sole Trader vs. Limited company

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Choosing the legal structure of your business is one of the most important decisions one should make when forming a company. The structure is of a pivotal importance as it defines your legal, financial and personal responsibilities as well as the amount of taxes you are required to pay. Read full article »

Should I register for VAT flat-rate scheme?

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The flat-rate scheme is an optional VAT scheme designed to reduce the administrative burdens for small businesses. Unlike the standard VAT accounting, the flat-rate scheme saves time by shortening the process of recording VAT on sales and purchases. Read full article »

Abolition of Bearer Shares: What do I need to do?

A bearer share is a share that is owned by whoever possesses the physical share certificate. On the 26 May 2015 the Small Business, Enterprise and Employment Act will abolish bearer shares. From this date your company will no longer be able to issue bearer shares and any shares that are already in existence will need to be presented to the company within 9 months. Read full article »

Forming a company: changes to company name and sensitive words rules

When a business registers with Companies House they must select a name for their company that will differentiate their business from other registered firms. The chosen name must not be the ‘same as’ or ‘too like’ another registered name and must not contain any ‘sensitive words’. Sensitive words are those which imply a connection with local or central government, or those that require the authorisation of the Secretary of State to be used.  The sensitive names list includes words such as university, charity, police and bank. It is important to note that a company name also cannot be offensive.

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Wisteria Formations – Christmas Holiday Period

Thank You for visiting Wisteria Formations.

Please be aware that Wisteria Formations will be operating a limited company formation service from 24th December 2013 until 2nd January 2014.

During the holiday period, Companies House will also be reducing their service meaning that responses will be delayed.

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Apologies for any inconvenience this may cause you regarding your company registration.

In the event of an urgent enquiry, please contact info@wisteria.co.uk

The team at Wisteria wish you a very Merry Christmas and prosperous New Year.

Kind Regards,

The Wisteria Formations Team

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