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Legal structure of businesses

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Dulwich College Shanghai
BusinessEconomy & Finance
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MODULE 1 ,[object Object],Legal Structure
Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Trader ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Trader ,[object Object],[object Object],Legal Requirements on Formation
Sole Trader ,[object Object],[object Object],[object Object],[object Object],Relative Advantages
Sole Trader ,[object Object],[object Object],[object Object],[object Object],Relative Advantages
Sole Trader ,[object Object],[object Object],[object Object],[object Object],Relative Disadvantages
Sole Trader Relative Disadvantages ,[object Object],[object Object],[object Object],[object Object]
Partnership ,[object Object],[object Object],[object Object],[object Object]
Partnership ,[object Object],[object Object],[object Object],[object Object],Legal Requirements on Formation
[object Object],[object Object],[object Object],[object Object],[object Object],Relative Advantages Partnership
[object Object],[object Object],[object Object],[object Object],[object Object],Relative Disadvantages Partnership
[object Object],[object Object],Partnership NB
Limited Companies ,[object Object],[object Object],[object Object],[object Object]
Limited Companies ,[object Object],[object Object],[object Object],Private Limited Companies
Limited Companies Private Limited Companies ,[object Object],[object Object]
Limited Companies Public Limited Companies ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Relative Advantages Limited Companies
[object Object],[object Object],[object Object],Relative Advantages Limited Companies
[object Object],[object Object],[object Object],Relative Disadvantages Limited Companies
[object Object],[object Object],[object Object],Relative Disadvantages Limited Companies
[object Object],[object Object],[object Object],[object Object],Relative Disadvantages Limited Companies
Limited Companies Legal Requirements PRIVATE PUBLIC Must submit to the REGISTRAR OF COMPANIES (at Companies House, Cardiff): FORM 10 & FORM 12 Director & Secretary Details + Registered Office. Director(s) signature(s) witnessed by legal person. MEMORANDUM OF ASSOCIATION Authorised Share Capital, Objects (activities), Name(s) of original subscriber shareholders. ARTICLES OF ASSOCIATION Internal rules eg Directors powers, conduct. Name(s) of original subscriber shareholder(s) Issued a CERTIFICATE OF INCOPORATION Can START TRADING Must produce a PROSPECTUS (history, prospects, invitation to buy shares) Must issue SHARES to the value of at least £50,000 (of which a quarter must be paid) Must then receive a TRADING CERTIFICATE from Registrar of Companies before it can start trading
- END - ,[object Object],Legal Structure

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  • 21.
  • 22.
  • 23. Limited Companies Legal Requirements PRIVATE PUBLIC Must submit to the REGISTRAR OF COMPANIES (at Companies House, Cardiff): FORM 10 & FORM 12 Director & Secretary Details + Registered Office. Director(s) signature(s) witnessed by legal person. MEMORANDUM OF ASSOCIATION Authorised Share Capital, Objects (activities), Name(s) of original subscriber shareholders. ARTICLES OF ASSOCIATION Internal rules eg Directors powers, conduct. Name(s) of original subscriber shareholder(s) Issued a CERTIFICATE OF INCOPORATION Can START TRADING Must produce a PROSPECTUS (history, prospects, invitation to buy shares) Must issue SHARES to the value of at least £50,000 (of which a quarter must be paid) Must then receive a TRADING CERTIFICATE from Registrar of Companies before it can start trading
  • 24.