Tip – Lagerbolag – AB

Forming an International Company

Desiree Nilsson — Tue, 24 May 2016 10:50:33 +0000

There are many reasons why a company would choose to trade internationally. Apart from market expansion, many companies take advantage of the low tax rates that countries, such as Malta, offer. Now that large amounts of money can be transmitted across the globe at the press of a button, the demand for international companies has never been higher and forming one is easier than ever. Electronic registration systems means that a lot less paperwork is needed. The time varies depending on the jurisdiction, but companies can now be approved within 24 hours or less.

Getting Legal Advice

It is important to understand company laws as forming an international company can be quite a minefield if you don’t know exactly what you are doing. In all cases it is important to hire professional legal help to get your company off the ground.You will need advice and assistance in contract drafting and negotiation, branding and marketing, regulatory matters, consumer protection issues, commercial agreements and litigation. GTG Advocates will provide all this as well as drafting the Memorandum and Articles of Association, the principle corporate document regulating your company. They can also assist in establishing corporate governance principles ready for inserting into a shareholders agreement and they will provide advice on the most efficient corporate structure suitable for your business and operational needs.

Getting Global Customers

It is very important these days to have a strong online presence to attract global customers. You will need a good company website and it is also advisable to make use of social media, such as setting up your own company Facebook page and Twitter account. You could also set up your own blog and give information via videos and tips to draw people to your company. Remember to keep your message short and simple and try not to bombard potential customers with technical language.

How to Liquidate Your UK Company

Desiree Nilsson — Tue, 17 May 2016 10:44:42 +0000

If you need to liquidate your UK company and wind it up you will need to do so officially via Companies House, the register for all UK limited companies. It could be that your business needs to go into liquidation for financial purposes, and is being forced into liquidation by creditors. Alternatively, you can opt for a voluntary liquidation of your company, if you no longer wish it to remain active.

How to Liquidate Your Company

If your business is debt free and there is money in the bank to pay creditors, you may want to liquidate it so you can retire or pursue other interests. In these circumstances you can download a ”Declaration of Solvency” form from Gov.uk and complete it in full, all directors need to sign the form. A meeting of shareholders will need to be convened within the next 70 days to formalise the voluntary winding up process. Within 14 days you need to post a notice in The Gazette to the effect that the business is being liquidated/wound up voluntarily. A professional insolvency practitioner needs to be taken on board to check the company’s assets and take charge of the winding up of the business. Finally, the completed ”Declaration of Solvency” needs to be sent to Companies House within 15 days of the shareholder resolution to wind the company up.

A Look at Starting a Stock Company

Desiree Nilsson — Thu, 12 May 2016 10:41:46 +0000

A stock company is another definition for a company which is traded on the open markets (such as the FTSE 100 or the Dow Jones Industrial Index). In the majority of cases, the company is partially owned by shareholders. Each of these individuals possesses a certain amount of stock in return for their financial investment into the operations of the firm. Therefore, the company itself is ”owned” by these investors as opposed to one or two dedicated creators alone. A perfect example of this can be seen in Facebook. Although Mark Zuckerberg is the technical ”owner”, the shareholders are those who have a massive impact upon the decisions that are made.

Starting a Stock Trading Company

There are two main issues to address when starting such a company. First, the financial backing of investors must be secured. In return, they will be given promissory notes for a certain number of shares at a specific price when the company lists. This is also known as the flotation price.The second concern is adhering to all of the relevant rules and regulations in regards to financial reporting. If this is accomplished, the company will be able to list within a specific open market. The investors can make a great deal of profit and therefore, they are more likely to invest further capital.