The process of submitting and receiving requests and acceptances for a company formation without the use of the paper form is known as electronic company formation. Under this process, one can incorporate a company in one day, sometimes even within a few hours. It has been observed that over eighty per cent of all the companies formed in the UK nowadays are done using electronic filing system.

By using the technology of electronic company formation facilities introduced by Companies House in the UK, one can register a limited company in a few hours without incurring any additional transaction fees. This process of electronic company formation provides a breakthrough in terms of convenience and the time it takes to form a company in the traditional manner.

Among the four essential documents to be produced to the Companies House (that company formation in the UK necessitates), there is Memorandum of Association. This article of the process of starting a company includes naming, registered office, the object of the company and its liability. A short description of all these points is given here.

Regarding the name of the company, it is directed that the name should not be similar to that of an existing company. Companies House has necessary arrangement for checking the name. Name checking can be done online. You can do it by logging on to the website of Companies House or it can be done with the help of a service provider. The name of the company also should not be confusing or very much similar to other company.

One of the four important documents of company formation is Memorandum of Association. The clauses included in this document are: the company’s name, where the registered office of the company is situated (in England, Wales or Scotland); and what it will do (its objects). The object of a company may simply be to carry on business as a general commercial company. This article deals with registered office.