A Company Secretary is not a required role, but where there are no UK based directors then we strongly recommend this role is occupied. It is an officer of the company, but without binding power.
It allows the office-holder to communicate with Government Offices such as Companies House, or HMRC – and can enter contractual obligations on instruction from a director of the UK company.
This role enables someone to be ‘on-the-ground’ which could be part of the requirements with some UK banks when opening a real bank account.
In the case of a branch – this identical role is known as an ‘Authorised Representative’.
We are usually appointed as Company Secretary or Authorised Representative to our clients UK company’s. Our address is also the Registered Office of the company, allowing for efficient handling of administrative documents from Companies House and Her Majesty’s Revenue and Customs (HMRC).