What goes wrong repeatedly.
INCONSISTENT DETAILS ACROSS DOCUMENTS
Names, dates and addresses that differ, blocking everything downstream.
REGISTERING IN AN AGENT'S NAME
Losing control of the registration itself.
PAYING WITHOUT A GENERATED REFERENCE
Untraceable payments that cannot be applied.
NOT KEEPING RECEIPTS AND REFERENCES
No evidence when something goes wrong.
ASSUMING REGISTRATION IS THE END
Annual returns and filings continuing forever.
CONFUSING ANNUAL RETURNS WITH TAX RETURNS
Two separate obligations, both required.
IGNORING STATE AND LOCAL OBLIGATIONS
Federal compliance with state demands unaddressed.
OPERATING WITHOUT A REQUIRED LICENCE
Closure and penalties.
SETTING SHARE CAPITAL UNNECESSARILY HIGH
Higher fees for no benefit.
NOT UPDATING THE REGISTER AFTER CHANGES
Banks and counterparties refusing to act.
LETTING FILINGS LAPSE
Penalties accumulating, and striking off becoming possible.
TRUSTING CIRCULARS WITHOUT VERIFICATION
Acting on false information, sometimes paying for it.
RELYING ON PUBLISHED TIMELINES
Commitments made that cannot be met.
NOT VERIFYING COUNTERPARTIES
Contracting with entities that do not exist or are struck off.
NO WRITTEN ASSIGNMENT OF WORK PRODUCED BY CONTRACTORS
Intellectual property that does not belong to the company.
WHAT MOST OF THESE SHARE
They are discovered at the moment something depends on them.
