Owners limit their liability to the amount they invest in the corporation. Generally, directors, shareholders and officers cannot be held personally liable for claims or debts against the corporation. A corporation can raise capital through the issuance of stock. There are also tax deductible benefits for a corporation.
How we use your data
What we need
Universal Company Incorporations Ltd, herein known as UCI Ltd, will be what’s known as the ‘Controller’ of the personal data you provide to us.
UCI Ltd is a holding company which encompasses the following websites: Open A European Company.com, Start An American Company.com, Open A Dubai Company.com, Start an Australian Company.com, Open A German Company.com, Open An Italian Company.com and Readymade Companies Worldwide.com. By submitting your data, you agree that UCI Ltd can send you promotional materials on behalf of and relating to these subsidiaries.
We only collect basic personal data about you, which does not include any special types of information or location based information. This does however include your name, email, phone number etc.
Why we need it
We need to know your basic personal data in order to provide you with information on our services, offers and discounts, and news pertaining to those services.
We will not collect any personal data from you that we do not need in order to provide this service to you.
What we do with it
All the personal data we process is handled by our staff in the UK. However for the purposes of IT hosting and maintenance, this information is located on servers within the United States. This data is protected by the EU-US Privacy Shield, ensuring that your information is stored and treated with equivalent privacy and security laws.
This information is stored in a secure account on Mailchimp, an email marketing service. Mailchimp cannot use your data for their own marketing or promotional purposes, and no 3rd parties have access to your personal data unless the law allows them to do so.
As part of our integrated email marketing service, we also collect information on user interaction. This includes collecting data on actions such as opening the newsletter or clicking on links within the newsletter, which is then used to optimise future marketing materials.
We have a Data Protection regime in place to oversee the effective and secure processing of your personal data. More information on this framework can be found on our website.
How long we keep it for
Your data stored for marketing purposes will be kept with us until you notify us that you no longer wish to receive this information. You can do this by contacting us, or by clicking ‘unsubscribe’ at the bottom of our marketing emails.
More information on our retention schedule can be found in our longform privacy policy.
What are your rights?
If at any point you believe the information we process on you is incorrect, you can request to see this information, and even have it corrected or deleted.
If you wish to raise a complaint on how we have handled your personal data, you can contact our Data Protection Officer who will investigate the matter.
If you are not satisfied with our response, or believe we are processing your personal data not in accordance with the law, you can complain to the Information Commissioner’s Office (ICO).
Our Data Protection Officer is Heather Landau, and you can contact them here.