There are so many reasons why a firm can be dissolved. For instance, if you own an establishment and you no longer need it, you can voluntarily dissolve it by filing a dissolution form. Also, the Companies House can dissolve your company if some legal documents like annual accounts as well as tax compliance are not done on time and in the correct manner. If you are tax compliant and your annual reports are filed on time, there is no reason for the Companies House to dissolve your establishment unless you want it to. Nevertheless, if your firm has been suspended and you would like to reinstate it, below are steps to reinstating a company.
Depending on how your establishment was dissolved, and the reason for reinstating it, you can restore it to the Companies House register either by a court order or administrative restoration. The two processes differ in terms of cost, complexity, time and other factors. For instance, your firm can be restored by court order if it was dissolved voluntarily.
Before you even start the process of restoring the firm especially by administrative restoration, ensure that you are eligible. If you do not qualify for the restoration, your application will not go through. Thus, it is wise to check whether you are eligible for the reinstatement. To be eligible, you must meet all the necessary conditions. Failure to comply with any of these conditions may make your application to fail as well.
If you are eligible for the reinstatement process, make sure that you have gathered all the required documents and apply to the Companies House. Fill all the necessary documents before you submit your application. Double check everything to be sure that you have everything that is required. If you are confident that you have left nothing out, you can now submit the application.
Make sure you have included the name as well as the registration number of the firm. Also, ensure that you have a compliance statement that shows you have legal standing to apply for the restoration. Additionally, make sure you have paid the restoration fee to the Companies House and clear any outstanding charges and penalties. Make sure you follow the right process so that your firm can be restored.
After you have submitted all the documents that are needed, you should wait for the Companies House to make their decision. The process will be handled, and your eligibility will be checked before you are given feedback. After approximately two weeks, you will get either a positive or negative response from the Companies House.
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.
In case your application was not successful, you may have either missed to submit all the required documents or failed to pay outstanding fees and penalties. This can be sorted out by meeting the requirements that you did not during the first application, and the rest will go on smoothly.
Depending on how your establishment was dissolved, and the reason for reinstating it, you can restore it to the Companies House register either by a court order or administrative restoration. The two processes differ in terms of cost, complexity, time and other factors. For instance, your firm can be restored by court order if it was dissolved voluntarily.
Before you even start the process of restoring the firm especially by administrative restoration, ensure that you are eligible. If you do not qualify for the restoration, your application will not go through. Thus, it is wise to check whether you are eligible for the reinstatement. To be eligible, you must meet all the necessary conditions. Failure to comply with any of these conditions may make your application to fail as well.
If you are eligible for the reinstatement process, make sure that you have gathered all the required documents and apply to the Companies House. Fill all the necessary documents before you submit your application. Double check everything to be sure that you have everything that is required. If you are confident that you have left nothing out, you can now submit the application.
Make sure you have included the name as well as the registration number of the firm. Also, ensure that you have a compliance statement that shows you have legal standing to apply for the restoration. Additionally, make sure you have paid the restoration fee to the Companies House and clear any outstanding charges and penalties. Make sure you follow the right process so that your firm can be restored.
After you have submitted all the documents that are needed, you should wait for the Companies House to make their decision. The process will be handled, and your eligibility will be checked before you are given feedback. After approximately two weeks, you will get either a positive or negative response from the Companies House.
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.
In case your application was not successful, you may have either missed to submit all the required documents or failed to pay outstanding fees and penalties. This can be sorted out by meeting the requirements that you did not during the first application, and the rest will go on smoothly.
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.
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