Business Law(Establishing a Legitimate Business Enterprise in the Uk)

Topics: Corporation, Types of companies, Limited liability Pages: 10 (3063 words) Published: February 23, 2013
Establishing a Legitimate Business Enterprise in the UK

Contents
1. Introduction…………………………………………………………………..4 2. ABC-J Ltd company running in the UK ...…………………………………..5-6 2.1. Business in detail.....………………………………………..………....5 2.2. Business status.........…………………………………………..…..…..5-6 3. Legally established Private Limited Company in the UK..………….……..7-8 3.1. Private Limited Company.............................................................................7 3.2. Legally starting up……………………………………………………..7-8 A). Application Form (IN01)…......…………………………………...8 B). Memorandum of association.…….....…………………….....……8-9 1). Company Name.........................................................................8 2). Registered office........................................................................9 3). Object clause..............................................................................9 4). Liability clause...........................................................................9 5). Capital clause.............................................................................9-10 6). Association clause......................................................................10 C). Articles of association......................................................................10 3.3. Solution the problems in the business through Laws.............................10-11 A). English law........................................................................................10-11 B). Problems in the commercial operation and solution.........................11 4. UK Taxation system running in Business Enterprise……………………...11-13 4.1. Introduce UK taxation system....………………………………….…....11-13 A). Corporation Tax................................................................................12 B). Value Added Tax - VAT.....................................................................12-13 C). Pay As You Earn -PAYE...................................................................13 5. Consumer Protection in Business...…………….................…………...….13-15 5.1. Who is Consumer.......................................................................................13 5.2. Who Protects Consumer.............................................................................14-15 A). European Institutions..........................................................................14 B). Central Government and Local Government.......................................14 C). Voluntary Organisation........................................................................14-15 5.3. Consumer Protection in ABC-J Ltd..........................................................15-16 6. Conclusion………………………………………………………………..…..17 7. Reference………………………………………………………..……...…….18-19

1. Introduction

I am supposed to start a private limited company business venture, and in this report, detailed information about the establishing a legitimate private limited business enterprise in the UK. In the first part, a clearly detail introduction of the business, including the business type, the product I prepare to sell. In the second part, I will discuss legally established Private Limited Company in the UK, as well as the solutions to these problems. In the section three, I will consider the UK taxation running in the business enterprise. The last part of this report is talking about the consumer protection how to running in my business.

2. ABC - J Ltd as private limited company running in the UK

2.1 Business in detail
The ABC-J Ltd (ABC-Jewelry Limited) is a private limited company in the UK. It is running on the inexpensive and stylish Jewelry sells for the UK market. This company main service groups are women’s...
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