EBOOCLICK FREQUENTLY ASKED QUESTIONS
eBooclick Frequently Asked Questions
1. Introduction
As eBooclick expand and develop, the company is asked many different questions of the nature of our business and how we operate. As such, this section will be devoted to commons questions. However, if there is any issue you may wish to discuss the matter with our consultants.
Now because we haven't got the ultimate wisdom, we welcome any ideas that can help our clients in the future. Please contact us at any time, we would love to hear from you.
Also, we have drafted this paper in response to the amount of misinformation regarding UK limited
Companies. This paper gives you the basic and honest facts about forming a UK limited company and all of the information below can be confirmed at eBooclick.com
Within this paper we are not trying to sell you any products or services, we are simply trying to inform you of the facts in an unbiased manner.
BUSINESS INCORPORATION
2. Are the companies we form legal?
Yes, every company formed by eBooclick comes with all the required documentation, it is 100% legal. Our companies do not require any other documents. Certain competitors will employ scare tactics to try and claim your company is not legally compliant in order to sell you services that you do not require. Beware of these scams and feel free to contact us should you feel you are being targeted.
3. What documents do you need to form a limited company?
As we do online company formations you will be required to submit document such as a proof of ID and a registered Address. You will need the following details at hand:
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Registered Office Address
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Proof of ID
Your registered office is required to be in England & Wales, Scotland or Northern Ireland.
It cannot be a PO Box.
We might also require the following:
Director Details (Min 1, no max)
• First name
• Last name
• Date of Birth (Must be 16 years or older)
• Nationality
• Occupation
• Country of Residence
• Residential Address
• 3 Security Questions (these act as an online signature)
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First three letters of Town of birth
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Last three digits of Telephone number
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First three letters of Eye colour
Shareholder Details (Min 1 ‐ can be the director, no max)
• First name
• Last name
• Residential Address
• Share Currency (GBP, EUR, USD)
• Number of Shares
• Value Per Share
• 3 Security Questions (these act as an online signature)
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First three letters of Town of birth
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Last three digits of Telephone number
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First three letters of Eye color
Secretary Details (Not Compulsory)
• First name
• Last name
• Address
• Three Security Questions (these act as an online signature)
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First three letters of Town of birth
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Last three digits of Telephone number
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First three letters of Eye colour
4. Director Requirements
• Every company must have at least 1 director.
• The director can also be the sole shareholder which means you can incorporate a single
person company.
• All directors must be 16 years or older.
• Directors do not have to be UK residents (they can reside anywhere in the world)
Corporate (company) directors are permitted, but cannot stand-alone in the position.
You need at least 1 human director to be appointed regardless of how many corporate directors.
5. Company Secretary Requirements
Company secretaries are no longer compulsory. Most companies are now incorporated without a secretary.
6. Registered Office Requirements
Every limited company must have a registered office in the UK (ie. England, Wales, Scotland or Northern Ireland). The registered office cannot be a PO Box and has to be a physical address whether it is your home address or a trading address. It must be an address at which official documents can be served. Your registered office address is available for anyone to view free of charge on the public record. Hence most people avoid using their home address and instead opt to use their trading address or a 3rd party registered office service.
7. Company Incorporation Filing Fee
We charge a flat fee of £150 with all support taking the burden off your shoulders.
8. Opening a Business Bank Account
Typically banks will require the following from the company to open an account:
1. Certificate of Incorporation
2. Confirmation of Shareholdings at Incorporation
3. Proof of ID for company officers (eg. Passport, recent utility bill)
• If you open a Barclays account through us, we will send the required company
documentation direct to Barclays. All you have to do it produce your proof of ID.
Depending of the client requirement, we can also open a business account in other financial institutions.
9. Filing your annual return each year
An annual return is a snapshot of general information about a company's directors,
secretary (where one has been appointed), registered office address, shareholders and
share capital. Full details below:
• Company Name
• Company Number
• Made Up Date (Usually the anniversary of the incorporation)
• Principal Business Activity
• Company Type (eg. Private or Public)
• Registered Office
• Director Details
• Secretary Details (where one has been appointed)
• Statement of Capital
• Shareholder Details
When must it be filed? Every company must file an Annual Return to Companies House at least once every 12 months. The window for filing the Return must be within 28 days after the anniversary of incorporation or of the made‐up date of the last Annual Return. Eg. If the company was incorporated on 02/03/2010 then the annual return must be filed by 30/03/2011.
10. Filing your accounts
1. Who is responsible for preparing accounts?
The directors of every company must prepare accounts for each financial year. These are called individual accounts.
2. What does a set of accounts include?
Generally, accounts must include:
• A profit and loss account (or income and expenditure account if the company is not trading
for profit);
• A balance sheet signed by a director;
• Notes to the accounts.
And accounts must generally be accompanied by
• A directors' report (with a business review if the company does not qualify as small);
• An auditors’ report (unless the company is exempt from audit).
11. What period must the accounts cover?
• A company's first accounts cover the period starting on the date of incorporation, not the
first day of trading. They end on the accounting reference date or up to 7 days either side of
that date.
WEB DESIGN / HOSTING / DOMAIN / EMAIL
12. How does your renewal work?
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Domain has to be renewed every year. Charges apply of (£25 including VAT)
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Hosting has to be renewed every year. Charges apply from £161 excluding VAT
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Email account has to be renewed every year + Smtp from £120 excluding VAT.
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eBooclick manage the full hosting and maintenance for all its cllients.
-
eBooclick charges higher rate for domain renewal to meet third parties fees.
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Our pricing for webdesign do not include our web hosting ' fees (please check with our consultants)
13. Payment Method
We generally provide our payment acceptance service through:
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Paypal
-
Webmoney
-
Authorize.net
-
Pag Securo
-
Skrill
'Please assist you with your Bank email details' as we need it to embed it into your web platform.
Should you require assistance in regards to any of the above, we suggest you contact eBooclick Limited.
1. Who is responsible for preparing accounts?
The directors of every company must prepare accounts for each financial year. These are called individual accounts.
2. What does a set of accounts include?
Generally, accounts must include:
• A profit and loss account (or income and expenditure account if the company is not trading
for profit);
• A balance sheet signed by a director;
• Notes to the accounts.
And accounts must generally be accompanied by
• A directors' report (with a business review if the company does not qualify as small);
• An auditors’ report (unless the company is exempt from audit).
11. What period must the accounts cover?
• A company's first accounts cover the period starting on the date of incorporation, not the
first day of trading. They end on the accounting reference date or up to 7 days either side of
that date.
WEB DESIGN / HOSTING / DOMAIN / EMAIL
12. How does your renewal work?
-
Domain has to be renewed every year. Charges apply of (£25 including VAT)
-
Hosting has to be renewed every year. Charges apply from £ 345 excluding VAT
-
Email account has to be renewed every year + Smtp from £120 excluding VAT.
-
eBooclick manage the full hosting and maintenance for all its cllients.
-
eBooclick charges higher rate for domain renewal to meet third parties fees.
-
Our pricing for webdesign do not include our web hosting ' fees (please check with our consultants)
13. Payment Method
We generally provide our payment acceptance service through:
-
Paypal
-
Webmoney
-
Authorize.net
-
Pag Securo
-
Skrill
-
Mobile Money
-
Wire Transfer
'Please assist you with your Bank email details' as we need it to embed it into your web platform.
Should you require assistance in regards to any of the above, we suggest you contact eBooclick team.