Company Law

Can you take the name of a dissolved company? Can I use a dissolved company name? The names of dissolved limited companies can be registered by new and existing companies. There are no legal restrictions when choosing such a name. However, one important point you should consider is the reputation of the dissolved company. Read … Read more

Can one person be a limited company? Whilst the application requests details of at least one member and one director, it is commonplace for the same individual to hold both of these positions. This means that you can set up a limited company on your own. Read more on www.rapidformations.co.uk Yes, a limited company can … Read more

What are the ownership units of an LLC? LLCs do not have stock, but ownership units that are usually called membership units. An LLC can have more than one class of members. Different classes may have different rights. For example, one class of members may have preferred rights to distributions from the company that are … Read more

Can you revive a dissolved company? A company that has been struck off by voluntary dissolution can only be restored by court order. Read more on companieshouse.blog.gov.uk A company is dissolved when its status as a legal entity is no longer maintained. This might be the result of failing to submit yearly reports, failing to … Read more

What is an example of a limited liability company? Many well-known companies are structured as LLCs. For example, Anheuser-Busch, Blockbuster and Westinghouse are all organized as limited liability companies. Read more on study.com The flexibility and tax advantages of a partnership are combined with the limited liability protection of a corporation in a limited liability … Read more