• General

    • 5. Method Of Forming Company

      (1) A company is formed under these Regulations by one or more persons–
      (a) confirming to the Registrar in an application for registration of the company that they–
      (i) wish to form a company under these Regulations, and
      (ii) agree to become members of the company and, in the case of a company that is to have a share capital, to take at least one share each, and
      (b) complying with the requirements of these Regulations as to registration (see sections 6 (registration documents) to 10 (statement of compliance)).
      (2) A company may not be so formed for an unlawful purpose.