Dear All,

The Companies Act 2006 states that on the 6th of April 2008, Company Secretaries will not be mandatory for Limited Companies and Companies Limited by Guarantee.  Although, if required, a Secretary can still be appointed, if you wish. In our applications for Electronic and Standard Packages for companies Limited by Shares, Limited by Guarantee, Flat Management Limited by Shares, Flat Management Limited by Guarantee and Limited by Guarantee Company omitting LIMITED from its name you will be asked to provide a name or choose our Company Secretary, but YOU ARE NOT OBLIGATED, this will be shown in a Memorandum and Articles of Association.

Bare in mind that if you choose your company incorporated without Company Secretary - you will be responsible for an Annual Return to the Companies House and other duties normally in a Company Secretary field. To understand this better we prepared an article “Role and Duties of an Acting Company Director” for your convenience.

A PLC will still require a Secretary and can now be incorporated with the share capital either in sterling (GBP) or euros (EUR), previously only sterling was permitted.

If you have any questions or concerns regarding this please do not hesitate to contact our office, and a team member will be happy to help.

Best Regards

Mr. Sergios Topalidi (Web-Master)

FID Trust International Limited

Tags: Company Secretary