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Forming a Limited Company

A company is formed by applying for registration with the Registrar of Companies in Cardiff. A registered company can be formed by two or more people who become its shareholders. Directors must be appointed to manage the company and act as its agents. A company secretary must also be appointed, usually from the shareholders, although possibly someone advising the business, such as an accountant or solicitor. The cost of registering a company is, as at August 2004, £20.00. The main documents that need to be sent to the Registrar are a) Memorandum of association b) Articles of Association c) Form G12 and d) Form G10.