Last Updated on December 3, 2024 by admin
Congratulations on becoming an entrepreneur! The world of company formation can
look like a scary place, especially if you’ve never established a company before. But,
the terminology, legal requirements, and registration process are simple to understand if
you use a company formation agent.
Now, you may ask what a company formation agent is and if it is even worth it to use
your limited resources to hire one. Today, BusinAssist is here to give you answers to
these questions.
In this blog, we will discuss all the reasons why your business needs a company
formation agent in the UK in detail. So, let’s get started!
First off, What is a Company Formation Agent?
A Ltd company formation agent is a separate company that creates companies for other
people. These agents make it simple to create different kinds of companies online. They
also give professional and helpful advice, help their clients during the company creation
process, and give more services and support to company owners.
Real formation agents in the UK can make (register) companies online with Companies
House – the official place that checks and approves new companies in the UK.
BusinAssist is a similar company registered under Companies House as a company
formation agent in the UK with the cheapest rates ever.
What are the Benefits of Using a Company Formation Agent?
There are several advantages to using seasoned Limited company formation teams to simplify
the process of forming a company. Also, keep in mind these five benefits of hiring a
company formation agent to aid in the start-up and expansion of your new business.
1. You Save a Lot of Time
A company formation agent, like BusinAssist, can help you save a lot of time when you
set up your company. Time is very important for business owners like you, and when we
can make your set-up faster, it makes sense to choose us.
We will help do your applications very fast. In fact, as one of the best company
formation agents in the UK, our special thing is to help business owners make a
company quickly and correctly! We do the many administrative stuff that Companies
House usually does so your company can be made faster.
2. You Save a Lot of Money
Company formation agents who are good and have a lot of experience will give you
different packages that fit your needs. You will find a cheap company formation package that is
good for your money and your business. company formation teams are cheaper than,
for example, an outside accountant (who can charge more than £300) or even going to
Companies House yourself.
As a matter of fact, with BusinAssist, you get the cheapest company formation service
in the UK ever – only £0.99 per week, including VAT!
3. The Process Gets Easier
Company formation agents make making a company easy. They give you an easy
online form that you can fill in 5 minutes. Some agents, like BusinAssist, can also make
a company for you over the phone.
Company formation agents explain everything clearly, so you know what you need to
give to make a company and why they need it.
Most agents have different company formation packages for every client. It doesn’t
matter if you just want to keep a company name, make a limited-by-shares company,
make a company as someone who doesn’t live in the UK, make a non-profit limited by
guarantee company, or make a limited liability partnership (LLP) – agents like us will
have a company formation package for you!
4. You Get Expert Advice
You can get free expert help and advice from a team of experts who know how to make
companies. They can help you with:
-
- Picking the best type of company for your business or organisation
- Choosing the right company formation package for your needs
- Finding a good name for your company
- Filling in the application form
- Deciding how to divide the shares of your limited by shares company
- Answering any questions you have about making and running a limited company
- Supporting you throughout your business journey
- Online resources that teach you everything about limited companies
5. Free Pre-Submission Review
Some agents, like Quality Company Formations, offer a Free Pre-Submission Review in
their packages. This means that a skilled company formation specialist will check your
application form carefully to make sure that all information is correct and clear.
Thanks to this measure, much fewer applications are rejected because of minor,
avoidable problems like spelling errors, grammar mistakes, wrong capitalisation or
inconsistent letter cases, and incomplete information. In fact, your application has a 10
times lower chance of being rejected at Companies House.
If your company formation is rejected, your agent will help you by fixing the issue(s) and
resending the application for you, at no extra cost.
6. You Get a Complete Set of Important Legal Documents
A company formation agent will usually give you a full set of company documents
including minutes of the first board meeting and company registers, which is a big
benefit over forming directly with Companies House, which only gives you the certificate
of incorporation.
Company documents you can get from an agent:
-
- Certificate of incorporation
- Memorandum and articles of association
- Share certificate(s) for each shareholder
- Minutes of the first board meeting
- Company registers
7. Get Access to Additional Corporate Services
To set up a UK limited company, you need to give and keep a registered office address
in the country where you incorporate. Also, every company officer, member, and person
with significant control (PSC) must give a service address, which is also called a
correspondence address. We can make a unique address for your business at a low
cost with free company formation services, instead of using your home or personal
address.
That’s not all, you also get writing of custom articles of association and shareholders’
agreements, 24/7 call answering and call transfer services, virtual secretary services,
VAT and PAYE registration from BusinAssist – all in one package!
Finishing Thoughts – BusinAssist is the Cheapest Company Formation Agent in the UK!
A competent company formation agent will offer a free Online Client Portal where their
clients can control and monitor their company details and filings.
Once a company is formed, all company details will be instantly uploaded to this
system, so company owners can access their formation documents, company
authentication code, official government mail, and filing deadlines all in one place.
In case you decide to choose our versatile company formation package, we can provide
you with as many services as your business needs to set up. So, what are you waiting
for?
Contact us right now and grab our cheap deal to incorporate your company!
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