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.
Your firm can be reinstated either through the administrative process or court order. This will, however, depend on the reason for its dissolution and the reasons for reinstatement. If the firm were dissolved because you did not meet some statutory requirements, you would have to follow the administrative process of restoration.
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.
After checking your eligibility for the restoration of your firm, the next step is to make an application to the Companies House. Even if you may think that the process is simple, there are so many things that you have to meet. Thus, ensure that you have filled all the forms that you are supposed to fill and submit them together with the application form.
Before submitting your application, ensure that it has been accompanied by your company name as well as its registration number. Also, you should have a letter of compliance showing that you have paid your taxes and you are eligible for restoration. Additionally, you should clear all the penalties as well as outstanding fees that you might have. Also, ensure that you have paid the application fee.
Once you have submitted the application form accompanied by all other necessary documents, the rest of the process will be handled by the Companies House. The process is straightforward if you do everything right. You will receive a decision within a fortnight. If the application were successful, your firm would be restored to the register.
The Companies House will then notify you about their decision through mail or phone call. The notice they will give you will either be negative or positive. In case your application goes through, Companies House will restore your firm to their online register. Also, a publication showing that the company has been reinstated will be published in the newspapers.
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.
Your firm can be reinstated either through the administrative process or court order. This will, however, depend on the reason for its dissolution and the reasons for reinstatement. If the firm were dissolved because you did not meet some statutory requirements, you would have to follow the administrative process of restoration.
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.
After checking your eligibility for the restoration of your firm, the next step is to make an application to the Companies House. Even if you may think that the process is simple, there are so many things that you have to meet. Thus, ensure that you have filled all the forms that you are supposed to fill and submit them together with the application form.
Before submitting your application, ensure that it has been accompanied by your company name as well as its registration number. Also, you should have a letter of compliance showing that you have paid your taxes and you are eligible for restoration. Additionally, you should clear all the penalties as well as outstanding fees that you might have. Also, ensure that you have paid the application fee.
Once you have submitted the application form accompanied by all other necessary documents, the rest of the process will be handled by the Companies House. The process is straightforward if you do everything right. You will receive a decision within a fortnight. If the application were successful, your firm would be restored to the register.
The Companies House will then notify you about their decision through mail or phone call. The notice they will give you will either be negative or positive. In case your application goes through, Companies House will restore your firm to their online register. Also, a publication showing that the company has been reinstated will be published in the newspapers.
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.
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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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