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Are you paying too much for your company compliance? The current economic situation forces many companies to review their expenditure and cut budgets. One of the areas which can easily be outsourced and save a significant amount of money is the function of a company secretary, which may currently be dealt with by an in-house company secretary, the company’s accountants or the finance director’s office. What are the responsibilities of a company secretary? The company secretarial responsibilities, all of which are services offered by London Registrars, include but are not limited to: • maintaining the statutory registers • transfer of formalities on a change of ownership • completion of the annual return • regular reminders for company statutory accounts preparation • filing the documentation required at Companies House on time • management of board meetings and annual general meetings, preparation and distribution of documents, notices, resolutions and minutes • organising share placings • designing and implementing incentive arrangements for senior management • ensuring Directors’ statutory duties, including the new provisions relating to managing conflicts of interest are fulfilled. London Registrars also provide a registered office address service in Central London for receipt of official documentation and correspondence and forwarding. This service is offered free of charge to our company secretarial clients (otherwise £199 plus VAT). Why should I outsource? There are many reasons to outsource the company secretarial function to specialists such as London Registrars. The most important ones are: • reduction of overhead costs • improved organisational focus • time-savings and better usage of core skills where company secretarial functions are dealt with in-house • avoiding penalties imposed by Companies House on those who fail to comply with filing deadlines • assurance of legal compliance with the help of our ongoing advice provided by our specialists in business governance. What will the benefits be? The job of a company secretary is demanding and requires detailed knowledge and relevant experience. Many accountants or finance directors do not have the time to deal with compliance and governance issues. You can be assured that apart from saving money your company is fully compliant with legislation. The cost of outsourcing the company secretarial function to London Registrars plc starts from only £249 plus VAT per annum. For this relatively small investment you will be assured your company is in the good hands of a qualified and experienced company secretary who will ensure that your company complies with its statutory obligations regarding the maintenance of registers and filing at Companies House. It’s time for the change Outsourcing support services to specialist companies has never been so crucial for securing a business’s security and development. The allocation of company secretarial functions to an outside professional provider is nowadays not only a wise but a necessary decision. The combination of advisory expertise and effective management of company secretarial processes offered by London Registrars will add value to your businesses and allow you to concentrate on expanding your company’s core activities. For more information on our company secretarial services and how London Registrars can help your business please contact Peter Driver, the Client Services Director at London Registrars plc, on tel. 0845 519 2101 or email peter@london-registrars.co.uk.
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London Registrars plc Principal and registered office: 4th Floor Haines House, 21 John Street, London WC1N 2BP Tel: 0845 519 2101 Fax: 0845 519 2103 Email: info@london-registrars.co.uk Registered in England No. 3726003. VAT Reg. No. 809 6126 24. Accredited under ISO 9001:2008 (Certificate No. 08479a) © London Registrars plc 2008-9 | Site design: etal-design.com limited | Site build: webasite.co.uk |
