Undoubtedly one of the most common queries that we get here at Company Formation MadeSimple is about what the difference between two very important filing obligations are for a limited company. These are Confirmation Statements and Annual Accounts.
The SIC (Standard Industrial Classification) code is a 5-digit code that defines the industry or industries that your limited company is operating in. It used to be that you first selected an SIC code when filing a confirmation statement, but now entrepreneurs-to-be must provide a code when registering a limited company.
All limited need to file a Confirmation Statement and Annual Accounts on a yearly basis. Even if they’ve never traded.
The global Coronavirus (COVID-19) pandemic has been a challenging time for small to medium sized businesses. So we thought we'd help you out by compiling some of the most frequently asked questions we've received over the last few weeks around the help for small businesses that the government has to offer.
When forming your limited company you will have noticed the Standard Industrial Classification code (or SIC code), which represents the type of business or industry your business identifies with. This is also part of the information that makes up the Confirmation Statement, the annual filing obligation required by Companies House (the UK’s registrar of companies).
Even if Halloween isn't here, it’s understandable to be fearful - who knows what ghouls and ghosts lurk in the darkness? In this blog post, we’re looking at a far more realistic threat - company fraud.
Valentine's Day is nearly here and to celebrate we thought we'd shoehorn a ‘love theme’ into a business blog. take a look at some big dates that you really shouldn’t forget when it comes to your limited company.
The Standard Industrial Classification Code - also known as the SIC Code - is a 6-digit number that outlines the industry that a limited company operates in. In this post we’ll look at how you can change your company’s existing SIC Code.
Changing your shareholder information is not quite as simple as changing director information (where an online CH01 form can be filed in a matter of seconds) - but it’s still quite simple. In this post we’ll look at how you can do this.
This month sees two important updates to the UK limited company formation process; the addition of a ‘People with Significant Control’ (PSC) section and the addition of a 'Standard Industrial Classification' (SIC) section. Let’s take a look at what this means for you when forming a company.
Since April 2016 all UK limited companies and limited liability partnerships should be keeping a Register of People with Significant Control (PSC) in the company. This information should then be included in the Confirmation Statement - which has now replaced the Annual Return.
Adding Shares Adding shares to a company is a fairly simple process. To add shares, you need to complete the SH01 – Return of allotment of shares document, you then need to file this document with Companies House (this is free).