The certificate that brings a company into existence; it is issued to the shareholders of a company by the Registrar of Companies. Currently, it is issued when the memorandum and articles of association have been submitted to the Registrar of Companies, together with other documents that disclose the proposed registered address of the company, details of the proposed directors and company secretary, the nominal and issued share capital, and the capital duty. Under the Companies Act 2006, a single constitutional document will be submitted for companies incorporated from October 2008. Until the certificate is issued, the company has no legal existence.
Subjects: Financial Institutions and Services.