Incorporation Process and Share Capital Structures

Incorporation Process and Share Capital Structures

Assessment

Flashcard

Created by

Vandana Ruhonah

Other

Professional Development

Hard

Student preview

quiz-placeholder

34 questions

Show all answers

1.

FLASHCARD

Front

What is the first step in the incorporation process?

Back

Choose a unique and acceptable company name that complies with regulations.

2.

FLASHCARD

Front

What are the different types of company structures one can choose from?

Back

Private limited company, public limited company, partnership, or another form.

3.

FLASHCARD

Front

What is required for a registered office address?

Back

It must be a physical address in the UK where official documents can be delivered.

4.

FLASHCARD

Front

How many directors must a company appoint at a minimum?

Back

At least one director.

5.

FLASHCARD

Front

What is the purpose of the Memorandum of Association (MOA)?

Back

It sets out the company's name, registered office, and objects.

6.

FLASHCARD

Front

What does the Articles of Association (AOA) define?

Back

The company's internal rules and regulations.

7.

FLASHCARD

Front

What must be filed to complete the incorporation process?

Back

The necessary incorporation documents to Companies House.

8.

FLASHCARD

Front

What is the confirmation of incorporation?

Back

A Certificate of Incorporation issued by Companies House after processing the application.

9.

FLASHCARD

Front

What are post-incorporation requirements?

Back

Maintaining company registers, filing annual accounts, and complying with legal obligations.

10.

FLASHCARD

Front

What are ordinary shares?

Back

The most common type of shares that represent ownership and entitle shareholders to vote and receive dividends.

Explore all questions with a free account

or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?