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The process to restore a UK company can be carried out by any company officers or person with interests (ie shareholders) in the company on through an administrative restoration process without application to the court to restore the company. A company has been dissolved for more than six years must apply for a court order to assent to the company restoration.
Many people have questioned as to whether they should carry out the process to restore a UK company or to incorporate a new company. It is true that it cost less to incorporate a new company but several issues which need to be addressed as for the advantages for restore a UK company:
Clients should made aware that carry out any trading activities prior the starting of the company restoration or at pre-completion stage of the company restoration can lead to serious legal repercussions, including personal liability for “company” debts and liability under the Companies Act 2006 and other contractual issues with third parties.
Voluntary Restoration is appropriate for companies if it was struck off the register and dissolved by the Registrar of Companies.
Our service includes:
Our fees: £550
£50 per annual return and annual account filings – (if the company intends to carry out any trading after the company is restored back to the Register)
*Subject to our Company Standard Terms and Conditions
Restoration by court order is appropriate for companies if: –
Our service includes:
Our fees: £1550 (excludes court fees for the submission of Claim form and Witness Statement) (VAT applicable)
£50 per annual return and annual account filings – (if the company intends to carry out any trading after the company is restored back to the Register)
*Subject to our Company Standard Terms and Conditions
Please send us an enquiry for further detailed information about the service.