5 ms·
Not the EU, but the UK: About 2012, it was incredibly difficult to start a limited liability partnership/corporation in the UK, roughly physically-located arou
by burnt-resistor 9mo ago
Not the EU, but the UK:
About 2012, it was incredibly difficult to start a limited liability partnership/corporation in the UK, roughly physically-located around Chelsea to Canary Wharf. One of the big hurdles was acquiring specific record-keeping instruments that weren't sold in specialty legal stationery shops, but only by some dude literally selling them out of his boot (trunk in America). Maybe the other partners had outdated information, which was a possibility. Contemporaneously, it was possible to start a Delaware corporation online in the US in under 3 days and for less than $300 USD.
- roryirvine 9mo agoI think your partners were mistaken - the requirement for having a company seal and paper company register / minute book went away in both England & Wales and Scotland with the Companies Act 1985, and company formation has been done online UK-wide since the Companies Act 2006. I'd guess the guy operating from his car was an artisan engraver who made the seal for you. They're easy to buy online too (I got one around 25 years ago), but they're mostly a curiosity rather than a necessity. I doubt more than one in a hundred new Ltd or LLP companies will bother with one.