Incorporation Process and Share Capital Structures

Incorporation Process and Share Capital Structures

Assessment

Flashcard

Other

Professional Development

Hard

Created by

Vandana Ruhonah

FREE Resource

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34 questions

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1.

FLASHCARD QUESTION

Front

What is the first step in the incorporation process?

Back

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

2.

FLASHCARD QUESTION

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 QUESTION

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 QUESTION

Front

How many directors must a company appoint at a minimum?

Back

At least one director.

5.

FLASHCARD QUESTION

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 QUESTION

Front

What does the Articles of Association (AOA) define?

Back

The company's internal rules and regulations.

7.

FLASHCARD QUESTION

Front

What must be filed to complete the incorporation process?

Back

The necessary incorporation documents to Companies House.

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