Unlimited Company Registration

Overview:  Unlimited Company – is a private company with unlimited liability. An Unlimited Company has many similar features to a private limited company (LTD), however, its shareholders (or members) have unlimited liability. An Unlimited Company is generally exempt from filing annual accounts.

Purpose: Registration of Unlimited Company

Main specifications:

• a legal entity
• unlimited liability of shareholders (or members)
• generally exempt from the requirement to file annual accounts
• minimum share capital – £ 1,00

Registering authority: the UK Trade Register

Term of registration: 7-10 working days

Personal presence: Optional

Conditions for registration:

• Shareholder – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction
• Director – Minimum 1 (maximum – unlimited) natural/legal person of any nationality/jurisdiction (at least 1 director must be an individual)
• Registered office address in the UK

 Required documents:

• Passport or European ID card (for all associated persons)
• Proof of residential address not older than 3 months (for all associated natural persons)
• Extract from the Trade Register not older than 3 months (for all associated legal persons)
• Document, authorizing to use of the registered office address (Copy of the Rental Agreement, Authorization Letter from the Owner, Certificate on Property)
• Power of attorney (in case of remote registration)
• Signed copy of the Memorandum and Articles of Association