London Registrars

  Every company is required by law to have an address where official correspondence can be served. The registered office address, which may be different from the actual trading address, must appear on all official documents, including letterheads, invoices, order forms, websites and financial communications. Many companies choose our address as their registered office in order to benefit from a more professional sounding postcode (like London EC1) or to protect their privacy if trading from a residential address. Our registered office service includes the forwarding of official correspondence which by law has to be sent to a company’s registered office address such as communications from Companies House, HMRC (in connection with corporation tax matters), or the Court Service – all of which will be forwarded free of any additional charges if scanned and emailed. If posted, a handling charge of £1 plus VAT per envelope applies, plus the actual postage). If taken as a stand-al...

  If you have ever questioned the crucial role that process agents can play in financial transactions between UK and non-UK parties, it might be instructive to look at just one example of a dispute that arose several years back. The case in question, Banco San Juan Internacional, Inc. v Petroleos De Venezuela, S.A., culminated in an English court considering whether the borrowing party had been validly served, in a situation where the borrower had not complied with its contractual obligation to make sure there was always a service of process agent in place. What were the details of the case? The two parties in the proceedings were the Puerto Rican bank, Banco San Juan International SA (BSJI), and the Venezuelan oil company, PDVSA. The two parties entered into a loan facility agreement dated 2016, and then another in 2017. Contained within these facility agreements were identical process agent clauses, as are widespread in cross-border financial transactions. The clauses s...

If you have landed on this page having searched online for information about what a process agent is and how this type of service works, you are in the right place. Our team at London Registrars is ready to give your organisation outside the UK the benefit of a UK-based process agent, who will be able to receive formal notices on your behalf. However, at this stage, there may also be various things you don’t know about what a process agent does and doesn’t do. So, we thought we would outline a few things that mark out process agency services , to guide you in your choices. Process agents are known by various terms. A process agent isn’t always referred to as a ‘process agent’; sometimes, you might have come across references to terms like ‘agent for service of process’, ‘registered agent’, or ‘resident agent’. Regardless, these all describe the same service. Whilst it is not a legal requirement to appoint a process agent, you may find that in the event of your organisation want...

In our previous blog post here at London Registrars, we wrote about the significance and role of a process agent service , including what a process agent is, in what circumstances it might be needed, and who can act as a process agent. Turning to part two of our guide, we will answer more of our readers’ and clients’ pressing questions, so that you can be sure of only making the most informed decisions for your own organisation’s requirements. What is a process agent letter? The term “process agent letter” refers to the letter that appoints a process agent in England and Wales (also known as the Process Agency Agreement) so that the agent can accept legal proceedings on behalf of a party that has submitted to the English courts’ jurisdiction, but which lacks a registered office in the jurisdiction. How might a process agent be involved in a loan agreement? A process agent service is often especially appropriate in situations involving loan agreements – for example, where an ...

The role that process agents play in cross-border financial transactions can sometimes be misunderstood. So, in a nutshell, what is a process agency, or process agent, and what else does your organisation need to know about them? What are process agent services? The short answer to the question of what a process agency is, is that it is a local agent or agency in the UK where the client (based overseas) doesn’t have a presence, but is nonetheless entering into a legal agreement that would render it subject to UK jurisdiction. The idea is that the process agent acts as an appointed representative of the client, to accept service on behalf of the foreign client, with court or arbitration papers able to be served upon them, as might be required from time to time in relation to international finance transactions. Process agent services therefore typically include the process agent accepting service of notices, proceedings, or documents on their overseas client’s behalf. Process ag...

For organisations based outside of the UK that have reason to conduct business with UK suppliers, or under a contract subject to UK jurisdiction, or attempting to raise a loan from a City institution, a UK process agent service can be crucial for ensuring service of notices, proceedings or documents can be accepted by such organisations within the UK. A City lender, for instance, will typically expect a borrower from another country to appoint a UK-based process agent so that, in the event of the borrower defaulting on the loan, they can still receive formal notices in the UK in relation to this. So, what are some of the particular benefits of a UK process agent service that your organisation from another jurisdiction should be aware of? A professional process agent offers specialist expertise Turn to an organisation like London Registrars for your firm’s process agent service in the UK, and you can be sure you will be represented by someone in the UK who possesses the expertise and e...