Agreement

Paramount Company Formations Limited

This agreement governs the use of the Paramount Company Formations Limited website, including all associated and incidental services provided by Paramount Company Formations Limited resulting from the use of this website.

Paramount Company Formations Limited reserves the right, at its discretion, to change or modify all or any part of this Agreement at any time, effective immediately upon notice published on the website. Your use of the Paramount Company Formations Limited website constitutes your binding acceptance of these terms and conditions, including any changes or modifications made by Paramount Company Formations Limited as permitted above.
 

Information Guide & Forms

You may not publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in this Agreement.

You may download or copy the information and advice contained on the site for your own personal use only, provided that you maintain all copyright and other notices contained in such Content.

In no event shall Paramount Company Formations Limited be liable for any indirect, incidental, special or consequential damages arising out of or in any way connected with the use of the documents, this website or the support service whether based in contract, tort, strict liability or otherwise, except in relation to death or personal injury for which no limit shall apply. The liability of Paramount Company Formations Limited for direct loss arising out of the use of the documents, this website, and the support service whether based in contract, tort, strict liability or otherwise is limited to the total value of the transactions under which the claim arises for any one event or series of connected events.

Every endeavour will be taken to ensure that the website is updated regularly to ensure its accuracy. It is our belief that our service provides clients with the necessary documents and information to complete their Company Formation.
 

Statutory Rights

These terms and conditions do not affect your statutory rights.
 

Support

Paramount Company Formations Limited will provide technical support via email to help you through the process of submitting your Company Formation details and downloading your products.

We will also provide assistance with general queries regarding the completion of the relevant fields of Company Formation details; however we are not legal or financial advisers and are not authorised to provide legal or financial advice.
 

Timescales

All time scales quoted are approximate to the various government body it is related to and are dependent on possible backlogs and computer systems working normally and merely a rough guide and not guaranteed in any way.
 

Cancellation Policy

Clients purchasing the Paramount Company Formations Limited package online will not be eligible to cancel their order as transactions where the computer software is unsealed by the computer immediately on purchase is exempt under the Consumer Protection (Distance Selling) Regulations 2000.
 

Refund Policy

Any use of our service requires the client to utilise our automated software (where the computer software is ‘unsealed’ by the computer immediately on purchase). All transactions of this type are exempt under the Consumer Protection (Distance Selling) Regulations 2000.

Therefore, ALL FEES ARE NON-REFUNDABLE even if you were to change your mind. By using our services and products you agree to our Terms and Conditions.

Customer Care/Complaints

We have always prided ourselves in providing a full customer care service and it is our intention to deal promptly with all complaints that may arise in relation to the service that we provide within 14 days of receipt of the complaint. Normally, replies to any complaint would be made by E-mail or, if required, we can ensure that we can provide a telephone facility to discuss matters of a more complex nature.

Use of Company Names

Once you have checked that a company name is provisionally available and submitted your application do not make any business decision or begin using this/any name until you have received the Certificate of Incorporation though the post with your letters of confirmation from us allowing you to do so.

The use of any name is specifically prohibited until you receive the hard copy Certificate of Incorporation issued by Companies House through the post from ourselves.

Any expenses incurred by clients or use of any company name before receipt of their documents through the post is undertaken entirely at the client's own risk.

Any company for which full transfer documents have not been returned and filed within 3 months of incorporation will be considered as our property to sell on, regardless of the company or any other details already filed at companies house.

Ready Made names

These are names that have been checked and are available to be registered. The Registar has the right to refuse registration of any name if in their opinion the name is too similar to that of another name. As per all incorporations these names should not be used or quoted in any way until you have received a copy of the certificate of incorporation showing it's company number and date of registration. For those clients needing something pre-registered please refer to our list of names showing dates of incorporation.

Vintage Companies

Purchase of vintage companies are bought on the understanding that they and any forms that need filing to bring them up to date (e.g. annual return or dormant accounts etc) are the responsibility of the client purchasing the company. The position/status of these companies are verifiable on companies house website and should be checked by the purchasing person to make sure that they correspond to your particular requirements and status. 

Purchase of vintage companies are bought on the understanding that they and any forms that need filing to bring them up to date (e.g. annual return or dormant accounts etc) are the responsibility of the client purchasing the company. The position/status of these companies are verifyable on companies house website and should be checked by the purchasing person to make sure that they correspond to your particular requirements and status. Particular attention should be paid with regards to it's filing position on whether accounts/returns have been filed or are outstanding as late filing can incur fines which will be the responsibility of the new owner of the company.

Registered Address Service

Please note that the registered address service is only for official mail and not a full-scale mail forwarding service. We do not provide a full scale mail  forwarding service. This facility is intended solely as an address for service of routine official mail only  (eg companies house, hmrc and other government bodies) and must not be used as a trading address or for collection and forwarding of general mail. Your stationery must not indicate this to be so. The registered address must be included on your business stationery. This service does not include the use of our telephone number this is strictly prohibited. We accept no liability or responsibilty for mail once within the hands of the Royal Mail service. We merely redirect mail to the address provided to us. The address for registered address purposes is 35 Firs Avenue, London N11 3NE.

VAT Applications

Please note that once payment has been made due to the nature of this service all work is undertaken online immediately and therefore refunds/cancellations are not possible. All timescales for this service are approximate and not guaranteed. Applications may be subject to further checks required by HMRC this will affect the speed of applications.

Nominee Director Service

Use of the nominee director service is restricted to basic details only. The nominee will sign all necessary documentation required within a reasonable timescale. The nominee is not responsible for opening of bank accounts. This is the responsibility of the signatory. The signatory is responsible for providing all necessary documentation and I.D. required to satisfy the necessary due diligence checks. Use of this service is at the nominees discretion.

The signatory of the company is fully responsible for all actions and financial transactions undertaken by the company. Any disputes with regards to any aspects of the company are purely between the signatory and the nominee director. Paramount Company Formations Limited is purely the intermediary to facilitate the setting up of the comapny and nothing more.

The signatory agrees to indemnify Paramount Company Formations Limited against all actions, proceedings, claims or demands which may be against the company and to pay all costs and expenses which may be incurred in connection with such actions, claims or demands. These terms and conditions supercede any other terms and conditions between the nominee and signatory.

Our nominee director service will provide a nominee signature on your behalf for all bank account opening documentation.  However you as the main signatory will still need to initiate the account opening request with your chosen bank.  The nominee director cannot do this on your behalf.  The bank will perform its own due diligence checks on both the main signatory and the nominee director and you as the main signatory will be responsible for providing your own identification and supporting documentation in order to satisfy your chosen bank's requirements.  Using the nominee director service cannot guarantee that your chosen bank will approve your application. The nominee director fee is non-refundable. By placing an order for any of our services it is assumed that you have read and understood the terms and conditions that apply.
 

Nominee Services

Nominee services are paid on a "per annum or part thereof" basis. This means that the payment amount is regardless of whether the service has been running for one day or the full year and not pro rata.

Timescales

Please note all fees are discounted fees based on the premise that once you have placed your order you will complete the necessary questionaire within the specified time frame and without making any alterations to the standard specifications.

Please note that for all services once we have received your application we will request the necessary details to complete the service (by email). These details requested by us must be returned within 3 months of being requested. Failure to do so will cause the system to reject the application and as such the process will have to be begin again. All fees paid will be deemd to be forfeit and any application will need paying for again. Any disputes arising thereof will be at the sole decsion of Paramount Company formations whose decision is final.

Limitations of Use

You may not use the website or the documents for any other purpose except for your own personal use.

As a condition of your use of this website, you warrant to us that you will not use this website for any purpose that is unlawful or prohibited by these terms, conditions, and notices.

Barclays Bank Account Promotion

This service applies to opening a bank account with Barclays bank only. As with all opening of accounts this will be subject to the scrutiny of the bank and whichever checks and due diligence the bank will apply before opening the account. We are not in any way responsible or accountable for the decision of the bank and the final decision on bank accounts always rests with the bank offering the service.

Barclays Business Bank Account Referral Service
Where you request a bank account through The Business Bank Account Referral Service you confirm that you agree to your details being submitted on your behalf to Barclays Bank plc and to being contacted directly by Barclays Bank plc for the purposes of fulfilling the bank account request.
Where you request a bank account through The Business Bank Account Referral Service on behalf of a third party for whom you are making a company formation application, you confirm that the third party has agreed to their details being submitted on their behalf to Barclays Bank plc and to being contacted directly by Barclays Bank plc for the purposes of fulfilling the bank account request.
The Business Bank Accounts are opened by and provided by Barclays Bank plc and subject to the terms and conditions as set forth by Barclays at the time of account opening.