Company Formation Solicitors
A new company can be started within just a few minutes on the internet. But does this offer you the safety and security that a properly formed company will offer? When you work with the team at Nash & Co Solicitors in Plymouth, you can be sure that your company formation is in safe, experienced hands.
Starting a brand-new company is an exciting time, with many necessary steps follow. One of the most important is ensuring your company has been correctly incorporated. Whether you want to become an LLP, a PLC, a CIC or a limited company, we’re on hand to advise you and help lay the foundations of your business.
Do I need a lawyer when forming a company?
There are countless websites offering you the opportunity to start a new company in minutes. There are definitely times when this is all that someone needs, but more often than not; a comprehensive, tailored service is needed in order to ensure everything is properly taken care of. Working with a lawyer also means that you can be sure that the correct structure is in place to cater for the businesses ongoing needs. Our team of expert Commercial Lawyers can help to create your company for you with a constitution that meets your needs. We can also advise you on the terms for the relationship between the members of the company, so that suitable agreements are in place that will mitigate against prolonged and expensive disputes in the future.
Our team of experienced lawyers will guide you through the entire process. We’ll complete the necessary paperwork with you and submit your application to Companies House. We’ll also make sure everything is taken care of for the incorporation of your new company.
With a wealth of experience behind us, our company formation specialists can advise and help on each of the following:
- Initial incorporation (i.e., registration at Companies House)
- Tailor made Articles of Association suited to your individual needs. This is the key document setting out the company’s ‘constitution’ and governs the relationship between its officers and its members, and between the members themselves, and the scope of their powers and interests in the profits of the company
- Members’ rights, responsibilities and liabilities
- Directors’ duties and liabilities
- Partnership agreements for unincorporated companies
What do I need to consider before setting up a company?
There are many things that you need to bear before, during and after company formation. Here are just a few:
- How will ownership of the company be divided between the members? What will the rights of the members be?
- Who will be the officers of the company? What will their rights and responsibilities be?
- Will the officers be required to refer certain decisions to the members and if so, how are the members’ voting rights assigned and exercised?
- What arrangements have to be made regarding financial structure and investors?
- What happens if a member leaves or a majority of the members want to sell the business?
How Nash & Co Solicitors can help you
By getting us involved in your company formation at an early stage, we can help ensure that all the correct decisions are made. We’ll also make sure that all paperwork is filled out and that you are protecting yourself and the business (where possible) from future problems that could have easily been prevented.
You can also request a call back from any of our solicitors in Plymouth by submitting our contact form.