There are three main ways you can form your limited company. You can form your company directly with Companies House, use an accountant or lawyer or use a company formation agent.
Companies House
Company incorporations with Companies House can initially appear to be the cheapest method. However you need to complete all the forms yourself and provide your own memorandum and articles of association to Companies House, this can be time consuming and expensive to produce, especially if you are not aware of the clauses that must be included or need a solicitor to supply this. Filing forms directly with Companies House can also take longer than other methods as you will need to post the forms to them.
Accountant/Lawyer
Using an accountant or lawyer can be a good method of forming your company as you will get the advice and expertise of the professionals forming the company for you. However this is most definitely the more expensive method of the three and can cost up to £200 to incorporate your company.
Company Formation Agent
Company Formation Agents such as Wisteria Formations can form your company for as little as £24.99 through their direct online system with Companies House. Wisteria Formations provide a standard memorandum and articles for you so that you save time and money and this also reduces the risk of error when producing it yourself – the memorandum and articles of association create a binding agreement the directors of the company must abide by. Wisteria Formations now have a faster online system with a direct link with Companies House, whereby they can set up a company for you normally within a few hours and provide you with all the necessary documentation you need.
Company formation agents can also provide extra products and services such as hard copies of the memorandum and articles of association, company register, company seal or accountancy and tax advisory services. Wisteria Formations is a subsidiary of Wisteria Chartered Accountants and so Wisteria Formations can incorporate your company whilst providing you with the expertise of professionals for £24.99.
For more information about company formation agents and company formations please visit our new video guide at the following link: http://www.youtube.com/user/wisteriaformations#p/u/10/2XfvCr7WXWA
To set up a company with Wisteria Formations leading online company formation agent please go to the link below:
https://www.wisteriaformations.co.uk/uk_company_registration
If you have any questions or problems with the online registration please contact our support team on 0844 893 0808 or send us a message at formations@wisteria.co.uk.
