Share Capital for an overseas company!

Share Capital for an overseas company!

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Hi

Can someone tell me if there are any requirements for an Overseas co having a branch in UK to issue share capital for the UK branch. Does it necessary to issue share for the UK branch.  UK branch has been registered with Co House but I could not find any share capital on the co house website. 

Shall I assume there is no requirement for the branch to issue shares?

Do the co need to file accounts with the companies house?

thanks

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Euan's picture
By Euan MacLennan
04th Mar 2011 10:49

Eh?

How can a branch issue shares?  Only the company itself can issue shares.

Yes - the overseas company's accounts do need to be filed at Companies House as set out in Chapter 3 of the Companies House guidance GPO1.  I suggest that you should read through all the guidance.

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By kim.shaw-and-co.com
27th Feb 2024 23:44

Take a look at FCO12665 at Companies House (latest accounts for example) .... how is the issue of 100 shares being reconciled to the concept of a branch being part of the same legal entity ?

I can understand an investment fund/OEIC being able to issue shares in designated sub-funds and a protected cell company (such as exists in Guernsey) being able to do something similar but I am struggling with the concept of branch capital of a structure comparable to a UK Limited Company being capable of designation in terms of "shares" at branch level. What am I missing ?

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Replying to kim.shaw-and-co.com:
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By Leywood
27th Feb 2024 23:50

kim.shaw-and-co.com wrote:

What am I missing ?

The fact that it’s a post from 2011

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Replying to Leywood:
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By kim.shaw-and-co.com
28th Feb 2024 02:10

No... didn't miss that. The point is how is "share capital" being carried in the accounts of a UK branch of a major global US LLC ?

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