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Company Formation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Company Formation

  • This topic has 2 replies, 2 voices, and was last updated 3 years ago by Vijay.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • October 22, 2021 at 10:00 pm #638826
    celineam
    Participant
    • Topics: 9
    • Replies: 5
    • ☆

    Hello Sir,
    Would i be correct in saying ‘Private Companies are permitted to file their Register of Members, Directors and Secretaries, people with significant control and directors residential addresses at the Registrar or Companies House but these documents are must be kept either at the Registered office and/or a SAIL for public companies?

    Just need clarification.
    Thank you.

    November 25, 2021 at 10:43 pm #641633
    Vijay
    Member
    • Topics: 0
    • Replies: 258
    • ☆☆☆

    Hi Celine,

    Companies are required to keep documents at its registered office or SAIL.

    Rules are more relaxed for Private Companies (not Public) in that they are allowed to file registers at Companies House instead of their registered office or SAIL. Public companies are not permitted to do this as they must keep at Registered office or SAIL.

    I hope the distinction between Private and Public Companies is now clear?

    Best wishes,

    Vijay

    November 25, 2021 at 10:43 pm #641634
    Vijay
    Member
    • Topics: 0
    • Replies: 258
    • ☆☆☆

    Hi Celine,

    Companies are required to keep documents at its registered office or SAIL.

    Rules are more relaxed for Private Companies (not Public) in that they are allowed to file registers at Companies House instead of their registered office or SAIL. Public companies are not permitted to do this as they must keep at Registered office or SAIL.

    I hope the distinction between Private and Public Companies is now clear?

    Best wishes,

    Vijay

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    Posts
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