Corporate Fields of Expertise
company is a legal entity with a separate
identity from those who own or operate it.
Most companies are limited liability
companies which mean the liability of the
members is limited by shares or by
guarantee. Some companies are unlimited
companies which means the members have
form a company?
One or more
persons can form a company for any lawful
purpose by subscribing their name(s) to the
memorandum of association and complying with
the legal requirements for incorporation. In
law, 'person' includes individuals,
companies and other corporations. Those
persons who subscribe their names to the
memorandum of association are known as
more than one type of company?
There are four
main types of company:
company limited by shares: This type of
company has a share capital and the
liability of each member is limited to the
amount, if any, unpaid on their shares. A
private company cannot offer its shares for
sale to the general public.
company limited by guarantee: This type
of company does not have a share capital and
its members are guarantors rather than
shareholders. A company is limited by
guarantee if the members liability is
limited to such amount as the members
undertake to contribute to the assets of the
company in the event of its being wound up.
unlimited company: This type of company
may or may not have a share capital but
there is no limit to the members' liability.
Because the membersí liability is unlimited,
the company has to disclose less information
than other types of company.
limited company: This type of company
has a share capital and limits the liability
of each member to the amount unpaid on their
shares. A public limited company may offer
its shares for sale to the general public
and may also be quoted on the stock
exchange. Further information about public
companies is explained in
of a New Companies with Company House
of Old companies (off shelf) with
of Trademarks in the UK
of a registered office address; virtual
office space; local land line;
registration of a bank account
UK & Israeli
and negotiations according to UK &