| Welcome to Coddan!
Welcome to Coddan Ltd, companies formation agent. As you have visited our website, you are probably thinking about the formation of your new entity in the UK. Coddan Ltd is the leading service provider in England for the formation of: | Apart from incorporation services, Coddan can provide:
| Coddan offers same day companies formation for £32.00. Company formations are usually completed in 4-6 hours using Companies House online company incorporation services. We offer electronic UK company registration and electronic filing of documents. We have developed a unique, quick, and cheap UK business incorporation system. Want to know more? Click here for details | |  | |  |  Company Secretarial Service: Every company is obliged to appoint a Company Secretary. If you accept this appointment, you will become an officer of the company, with legal responsibilities under the Companies Act 1985. A sole Director cannot be appointed as the Company Secretary. A Company Secretary's role is primarily administrative. The Secretary is responsible for ensuring that the company complies with the procedural rules and regulations set down in English law. At the time of your company registration, or at any time thereafter, Coddan can be appointed as your Nominee Secretary if required. Our annual fee includes the cost of processing the company's annual return each year. As your Company Secretary, we will prepare other documents in respect of changes to the company structure as and when they occur. |  Nominee Director Service:
According to law, each UK company should have a Company Director and Company Secretary appointed from the moment of incorporation. Directors of limited liability companies are personally liable for the debts of the company if trading continues after there is no longer any reasonable prospect of avoiding insolvency.
If you are thinking about the formation of a UK company, but would like to keep your name hidden from the public and official records, you can apply for the Nominee Director service from Coddan. offered by Coddan. A Nominee Director provided by Coddan will serve as a proxy for the owner(s) of the company and acts on their behalf. We can provide the beneficial owner with a Power of Attorney empowering him to run the business, manage the company's activities, and open and operate the company's bank accounts without being listed as a Company Director in the official records. | |  | |  | | UK Tax System: Corporate, Income and Value Added Taxes:
A person's domicile is the country that the individual regards as his or her natural home. Although all companies registered in UK are residents in Great Britain. UK corporation tax is charged on the worldwide profits (income plus gains) of any company that is resident in the UK. A company is UK resident if it is incorporated in the UK or if its centre of management and control is in the UK. The computation of taxable profits consists of disallowing certain items of expenditure, most notably capital items, depreciation and entertaining. In place of depreciation a capital allowance is given on most plant and machinery at a rate of 25% on a reducing balance basis.
Individuals are chargeable to income tax on their worldwide income if they are UK resident. However, for individuals who are not UK domiciled, i.e. they do not intend to remain in the UK indefinitely, special rules apply |  | | |
