Single Member Company
We can incorporate a private company limited by shares with only one shareholder, this is known as a Single Member Company.
A single member company is required to have at least 1 director and a company secretary. The individual shareholder can act as company director.
The company must have a minimum of 2 officers including the company secretary. In a single director company the director cannot act as company secretary.
The Companies Act provide that, all the provisions which apply to private companies limited by shares will apply to single member companies. The sole shareholder can dispense with the holding of General Meetings, including the Annual General Meeting. The Report and Accounts that would normally be presented at the AGM of a company will still need to be prepared.
One person may, by subscribing his name to the Constitution and complying with the requirements of the Companies Act 2014, incorporate a private company limited by shares.
It takes only 10 minutes to complete our easy online application
|Complete Company Formation|
|Our packages include everything you need to legally start your business|
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|Company Secretary Service Available|
|Provision of Registered Office Address|
|Guaranteed 3-4 day Incorporation|