Important Terms Use In Company Registration Services

Below are the some important terms useful in Company formation

Limited Company: A limited company is a registered at Companies house and posses the separate legal existence having own articles of association to be followed by the members. The members of the company including directors have limited liabilities in proportionate of numbers of shares they hold.

Company Registration: In company registration one or more person can unite and register a unique entity to start and execute certain operations. This formation has legislative support and applied all rules for business operation as a separate entity than owners. Various types of companies can be registered in this process.

Limited Company Registration: One can register a unique business name to execute the business under limited company registration with limited liabilities.

Offshore Company Registration: Offshore company also known as International Business Company or IBC or International business corporation or non-resident company. This type of Company can be incorporated in the country where one can get maximum benefits to run the business without restriction and even can get good tax benefits of running business and buy the properties under the company name. There is much flexibility with additional privileges, though the origin of company is a different country.

Ready Made Company: As the name suggests, the company which is ready made to sell, posses many advantages as a old company that one can acquire at first instant by purchasing the ready made company. Anyone can buy readymade company, if there is no time to form a new company. These ready made companies are been offered by many account consulting firms with attractive rates, clean past records and regular annual filings with Companies house. The matter is that the business name must be suitable one which you are looking for.

Office Services: Office services are like a virtual office at concern location for which either you have registered a company or mentioned as your branch office in company registration process. Various types of office services including office space, space for meeting and conference, mail handling and forwarding, dedicated telephone line services, allow usage of fax and other office equipments, business metal plates, business seal etc, comes under the office services for which the office service provider make a charge to the company.

Setting up a company: can be recognized with different terms like company incorporation, company registration, company formation etc.

Accounting Services: is a service to provide outsourcing accounting consultancy services to ease the operational burden of the company. Outsourced accounting services offered by the accounting firms, which take all the responsibilities to prepare and maintain bookkeeping, accounting, payroll services, accounting management, filing of VAT returns to avoid penalties or charges in failure of VAT compliance etc on behalf of their client.

by: Mr Kapil

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