Steps For Reinstating A Company

By Richard Thompson


Several reasons can make an establishment to be struck off from the register of Companies House. For example, if you no longer need a firm that you own, you can request the Companies House to strike it off from the register. Your firm can also be dissolved involuntarily if you fail to submit annual accounts in time. Also, if you are not compliant, your firm can be struck off. Either way, you may want to restore the firm after it has been dissolved. Follow the following steps closely as they are a guide to reinstating a company after it has been dissolved.

Your firm can be reinstated either through the administrative process or court order. This will, however, depend on the reason for its dissolution and the reasons for reinstatement. If the firm were dissolved because you did not meet some statutory requirements, you would have to follow the administrative process of restoration.

Before you begin the restoration process, ensure that you check whether you are eligible to apply for the same. If the firm was struck off by the Companies House due to noncompliance, you have to make sure that it is eligible for restoration. Several conditions must be met. Hence, ensure that you meet all the requirements so that you can qualify for the restoration.

Once you have checked whether you are eligible for the administrative restoration, you should now apply to the Companies House for the reinstatement. The application process is not as easy as you may think. This is because you have to meet all the requirements for the restoration. Also, the application form must be accompanied by all the necessary forms.

Some of the crucial things that you must not overlook include submitting the registration number and name of the company. Also, ensure that the application is accompanied by a compliance statement showing that you are eligible to apply for reinstatement. More so, you have to pay a restoration fee to the Companies House as well as any penalties and outstanding payments that you may have.

After submitting the restoration application form and all the required paperwork, wait for the Companies House to give you their final decision. This should take at most two weeks. The Companies House will review your application and decide whether you are eligible for the reinstatement of your firm or not.

You will then receive a notification from the Companies House informing you that your application was successful and your firm has been restored to the register. Then, your firm will immediately appear in the online register of Companies House as active. Also, a restoration notice will be published in the news.

If by chance your application does not go through, you have no reason to worry. All you have to do is check what you might have left out and submit it or reapply. By so doing, the Companies House will review your second application and restore your firm.




About the Author:

We have all the detailed tips and guidance on reinstating a company as published on our homepage. Simply use this link to reach the main site at http://www.nevadadiscountregisteredagent.com/reinstate-your-default-or-revoked-nevada-company.


Comments

Post a Comment

Popular posts from this blog

Tips On How To Deal With A Slow Connection

By Krystal Branch Internet is always a big deal because many of the transactions and businesses of the people are online. Some are even having their employment or studying virtually and thus no time could be spared with have a slow service. Thus, here are steps you should do when this happens. In Belize connection solutions should be approached by first thinking about what must be done and how to do evaluation of the speed and the common denominator would still depend on the kind of your plan. Thus, you have to keep in touch with your provider and ask for an advice about the remedies they can recommend. This is so since it is really important that you keep this system functioning properly. The next subject that you should be looking into is the hardware which might be having some impairment or defects. This will need troubleshooting and to get this done, check first the router as well as the modem. Resetting them would work often times. If you are utilizing the wireless ty
Read more

A Helpful Article About Home Business That Offers Many Useful Tips

By Neander Karen After driving to work in the morning and spending about nine hours in the office, one might think starting a home business would be a good idea. After all, working on your own time schedule and without the expense of traveling to and from the office sounds like something we'd all like to do. It's important that you have an office with all the supplies you will need. Although this is something that can be seen as trivial, a lot of people just aren't efficient if their office doesn't work for them. Pay estimated taxes. For a home business owner, it is preferable to pay your taxes four times a year. Unless you want a shock when it's tax time, contact the IRS and set up a payment process. Not only are you responsible for regular tax, you will have to pay self-employment tax. Check with a lawyer and an accountant to see what needs you have to address to operate a home business in your state. Look up your state's sales tax rate. You will
Read more

Reasons For Reinstating A Company

By Diane Nelson It is not a guarantee that when a venture starts it will operate successfully for a long time. At times, the law can decide to discontinue it due to illegal operations carried out by these organizations. Reinstating A Company after dissolution will enable creditors to be paid back. This is because the court might have ordered the closure of the firm when it was not able to repay its financiers at the time. Currently, marketing is growing so fast and competition is becoming high. This renders the less advantaged firms to be closed down. After ascertaining well about its competitors and what its consumers mostly prefer, the venture will be in a position to begin it's operation again hence performing better than earlier. Some individuals could have leased their properties to the bureau and may want them back. So, reestablishing the commercial business will help release these assets. T his is also one way of reducing its debts and liabilities. The business wi
Read more