Cameron, Louise and Rhona have operated as a partnership for five years trading in personalised housewarming gifts, such as cushions, prints, door mats, coasters, candles etc. The business has been successful and the partners are now considering expanding the business operation by starting to trade online.The partners are aware that the expansion will require new business capital.They are considering the formation of a company rather than continuing as a partnership.

Required:

(a)Explain to the partners what types of companies may be formed under the Companies Act 2006 and which type of company would be suitable for their business.

(b)Detail the procedures and the documentation required to register a company.