A Guide to Choosing a Company Formation Agent
The following guide
is designed to assist you in identifying what to look for in
a Limited Company formation agent.
You may think all company
formation agents are the same. This is unfortunately not the
case. Although the end product should always be the same (a
limited company) there are a number of key points that differentiate
one from another.
The whole point behind
the concept and design of Simple Formations was to take all
the best parts of the services offered by various formation
agents and provide them in one very easy to use web site with
no hidden surprises.
What to look
for in your company formation agent:
- Clear
pricing with no hidden charges, for example, is vat
and the £13 government fee clearly included in the advertised price?
What about delivery costs?
- No deceptive entry level packages. With
the government fee being £13 per company formed if an agent
is offering formations for not much more than this then there
is likely to be a sting in the tail somewhere. Most commonly
the cheap package is not a trading company, or additional
fees may need to be paid to release the company into your
control.
- Full company documents, not just an electronic
copy of the certificate of incorporation and memorandum and
articles of association. If you do not get Company Registers
or Share Certificates you will have to buy them at a later
date.
- Incorporation with your own details and
not nominees. By using nominees the agent then has to transfer
shares to you after incorporation and send you forms to appoint
a director and secretary. This can slow down opening business
bank accounts and also means the agents nominee details will
be recorded on your company paperwork, and at Companies House,
for as long as your company exists.
- Free phone support and advice, if the agent
wants your business they should at least provide free phone
advice and support.
- An informative website providing free advice.
If a company formation agent is not able to advise you on
the important aspects of a limited company then who can?
- Completely secure website and not just the payment
page. Registering a company requires sensitive personal
information to be collected. The entire process should be
secure as soon as you start entering personal data. Check
for the padlock sign in your browser when entering personal
information.
- Simple and intuitive system making the
incorporation process as easy as possible - Simple Formations
was tested for a period of 6 months prior to launch to ensure
all levels of user could easily mange and understand the registration
process through our system.
Compare Simple Formations
packages to others available and we think you will be pleasantly
surprised. From just £29.95 + vat for same day company
formation with electronic documents – review our company
formation packages.
If you believe another
agent is offering a better package for a cheaper price we will
do our very best to improve on their offer. Please contact
us with details.
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