BTC are much more than just one of the leading Company Formation Agents – we have a full range of company secretarial services and legal stationary products once your company is up and running with a range of support services for your post incorporation needs. If limited liability is that important, an LLP might be more appropriate in many cases. All extra's that bump up the cost for no reason, in my opinion! Our extensive range of corporate legal services, such as company name change, company restorations, reduction in share capital, works centred on the company’s constitution such as amendments to articles and for setting up rights to share classes, compliments the range of incorporation services. If you are a professional in practice, such as an accountant or solicitor our BTC Corporate & Compliance site as your choice as company formation agent should be suited to your needs. www.archerscs.co.uk. The £20 incentive is cheap & nasty and in the one instance I was able to mention it, the client laughed. I normally have a company incorporated within 3 hours. Maybe I have just been lucky in the latter respect. To form a company I complete an online application which takes 10 minutes. Our Anti-Money and Bribery Act Compliance covers various aspects of training, information, guidance and support. The question of vehicle used would of course be decided first! Well, LTDs companies are much more common and it's normal that the agencies are more prepared on it, but LLPs are pretty common as well in the professional fields. Best Formations is an Ealing-based company formation agent. You will get a couple of years free banking and a genuine relationship with the business manager. I do agree with the people buy from people analogy but it does depend on what you are buying. 4 pages in all there's other interesting stuff including the fact that 37,411 companies were incorporated last month (18.7% up on last year!) As an Official Company Formation Agency, we have built strong ties with Companies House since our own formation.Since we began, our goal has been to provide a seamless incorporation process that is quick and simple to use.Today, our company registration system is one of the most effective and efficient in the UK. Like most company formation agents, we specialise in the incorporation of UK companies Limited by Shares, Limited by Guarantee and Limited Liability Partnerships. Company Registrations in Ireland and Internationally. To thrive, I am satisfied with their services and would recommend this company formation agent to others. Further praise for Stanley Davis (mentioned above). You may, from time to time also need Company Law advice and work and it's nice to get it from the same place but by no means essential. As a MadeSimple customer, you can take advantage of the simplest company formation process, free 24/7 support, and honest, upfront pricing (no hidden costs here). Search for Company Formation near you, or submit your own review. And if you charge nothing for setting up a company, why not? I advise the client to keep a file and the usual records of minutes etc. We're happy to be at the end of the phone for this, and we don't start the clock ticking when they call, we're happy to provide that "service" quoted above. In addition to our support, consultancy and education services we offer electronic verification of identity of individuals through ‘Smart Search’ which is ‘Powered by Experian’. I actually feel that people should come to an accountant first before they embark on incorporating a company. Our prices are completely transparent, and our agents don’t encourage clients to take on services they will not use. Many formations are FREE as we offer cash back for the successful opening of either a Lloyds, RBS or Barclays business account for newly incorporated companies, we have other partner reward schemes for business essentials offering up to a potential total £250 cash back rewards. SmartSearch, (we are a certified partner of SmartSearch) is the most powerful anti-money laundering verification service available in the market today. This offering seems the worst on here, unless I'd already decided independently to bank with Barclays or HSBC. They need some advice on multiple share classes, questions between Limited by Guarantee or Community Interest, it could be anything and their doing some research on behalf of their clients. That’s why we’ve made it our mission to do things differently. The registered agent is a permanent fixture of the business within the state. We are an award-winning company formation agent who’ve formed over 1 million UK companies since 2002. Our company formation service carries out your limited company incorporation to your requirements. The reason for using a formation agent to register your business is simple: it can be more cost effective and just as quick as going directly to Companies House. We are one of the UK’s leading company formation agents, authorised by Companies House and a member of ACRA, the Association of Company Registration Agents. HSBC and Barclays are, in my experience, rubbish when it comes to the small company banking deals. Business Tax Centre is a member of the International Compliance Association (ICA), which has set the UK standard for AML compliance and is run by the British Bankers Association (BBA), one of the main participants of the Joint Money Laundering Steering Group (JMLSG). We have a range of services designed to meet these needs, BTC are much more than just one of the leading Company Formation Agents – we have a full range of products and services that can help in your company formation, We can provide you with a bespoke consulting or training service, which will help your firm, make common sense of the complex regulatory and legal environment in which you operate. Too easy if truth be told! Professional company registration agents providing company formation and company secretarial services to accountants and solicitors for over 30 years. I guess it would be very similar to asking an accountant whether they are the cheapest, and do they want to be? I read all your comments and I understood you're all well trained about company formations. So I guess they don't view good service as a premium you need to pay extra for. Rapid Formations is the UK's highest-rated company formation agent, earning 4.9 out of 5 and above on Google, Trustpilot, FreeIndex and Yell. I completely understand the reasoning above, that if you are using an online form and don't need any support (read service) then why should you pay a premium? In addition the service has been poor. These range from a company name change to works centred on the company’s constitution such as amendments to articles and for setting up rights to share classes. So, you can rest assured all the paperwork will be completed accurately. Also last month mainained the monthly average for late filing penalties....wait for it....£7M. For £24.99 I get the Memo and Arts, Inc Certificate and a PDF company register. So I questioned their cost structure. we will deliver an exceptional service on time. The company manager within your online portal allows you to manage the companies you act for and file forms electronically direct to Companies House. As well as allowing for the management of multiple clients’ companies and electronic filings of various form types to the Companies House Registry, our professional site forms and manages different company types, such as the company registrations of Limited by Guarantee, Limited Liability Partnership’s (LLP) & PLC. Having read the article, I would recommend to use archers corporate services as their service packages are quite cheap and fast. Our formations start from just £12.99, and include a free consultation with an accountant, unlimited support, business banking and merchant account services. This should take you no more than 15 minutes and your new company should be ready to trade in 3 to 6 … Find Company Formation near Moorgate, Bishopsgate on Yell. Company Formation, Corporate Legal and Compliance Services BTC (Business Tax Centre Ltd) is a regulated accountancy firm who offer a range of services supporting the professional in practice, as well as direct to the general public. I don't use them, but they seem good from what I've heard. In terms of whether somebody is swayed by a £20 incentive - you may be surprised to learn there are more people than you may imagine for whom such a sum is meaningful , perhaps even only in gesture rather than spending power. I would only ever recommend a bank (or anything else) based on my opinion & judgement, and have returned every pen, rubber ball, paperweight or diary they have sent me. The application platform is excellent, and they completely understand Accountants and being an Accountant in practice. We pay the companies house formation fee and … Money Laundering Compliance But not interested in a personal service, that said the agents I use did respond to an e-mail I sent at 8pm within an hour the one time I had an issue. BTC is participating in discussions, firstly in Brussels March 2013 and then with HM Treasury and HMRC over issues concerning both the accountancy and trust and company service providers sectors. I too have been pestered by agents but just a case of asking if they can beat £12. I know my accountant isn't the cheapest and I wouldn't want him to be, I'm happy with the service he provides and he doesn't just do my end of year accounts but I meet with him almost monthly and we go through my management accounts, plans, etc. Wisteria and some of the others get the nod from accountants because they give what a small start up business needs. With an obvious vested interest from my perspective and adding an alternative view to this discussion, I'd argue that surely a small premium charge on company formations to offset the costs associated with being on hand to help clients as mentioned above is worth paying? However I prefer the agents as they keep a database of theinformation I enter, handy as clients often seem to want anothe business sooner or later and the info is already entered. We use companiesmadesimple who do the job. Basically they tried spamming me with a 'great' offer. Contract With A Registered Agent. 1a Company Formations. Northern Ireland Company Formation Specialists The Company Shop was established in 1994 and is the leading formation and company registration agent in Northern Ireland, UK & Republic of Ireland, since this date we have formed tens of thousands of companies. 1 Company Formation Agent in Ireland. For those who have more complex client issues for company formations, such as different share classes and rights, BTC can write bespoke Articles of Association for use in that company registration. If you can meet a few simple requirements, we can register your ltd company for only 99p. At Quick Formations we have clients who we hardly have any "support" issues with, they use our website and order the basic electronic documents to be emailed through to them (or indeed the "Original" certificate or printed M&A's mentioned by others). Reasons to open an offshore company in the Isle of Man As seen from this article, offshore company formation in the Isle of Man is simple and quick and investors have many benefits when choosing to open their business here. Company formation agents carry out hundreds of company formations every week in accordance with the Companies Act 2006. As director of FD I can assure you that the banking package is something that many clients find useful . We even send you an e-reminder concerning the annual return filing date. Stephen O'Neill is licensed and regulated by the Association of Accounting Technicians to provide services in accordance with license No.443 details of which are displayed at the registered office address. they charge the basic £18. Our formations start from just £12.99, and include a free consultation with an accountant, unlimited support, business banking and merchant account services. http://www.stanleydavis.co.uk/incorporation-newsletter.asp. Returning to Phil's question the decision and work involved in getting a Ltd Company is less than that involved when approaching the guy or gal in McDonald's. The main reason being to assess whether a company is the right structure for them. Perhaps old fashioned by I still believe "people by from people" and a relationship between customer and supplier accounts for a lot ;o). Generally, a company formation agent will set up your company either directly or indirectly. I have tried it, and it worked fine. We then also have clients who will phone us up with questions on, well just about anything company related. You can trust us to get the company set up properly for you. website (opens new window). As a user of Formations Direct, I can also recommend their service as being quick and efficient. Barclays particularly are always on the sell for their pretty crappy by-products. Register a limited company with 99p Company Formations. I have also used them on several occassions to redraft Memos & Arts and do all the resolutions etc as well as well as other extraordinary stat work and this is where personal service comes to the fore. Also are there any other recommended agents that people use? In addition to facilitating online incorporation in accordance with the Companies Act 2006, formation agents provide specialist advice and support throughout the application process and beyond. Using a company formation agent can be as cost-effective as going straight to Companies House. One of our Isle of Man company formation agents can give you more details about the requirements for appointing a nominee shareholder. A company formation agent can have a number of additional services that could save you money or help you down the road, too, things you may not have considered. I use First Order and besides the formation of the company - the administration of the companies done on line is the big plus as it reduces time spent on all filling of Annual Returns and other legal necessary forms and including dividend certificates, minutes of the board meetings etc... Worth checking out if it suitable for your companies needs. Our offer covers a wide range of services that will help you in setting up your own limited company. Also their unique company search, not only draws on Companies House information, detailing directors and financial statements it also highlights the directors and beneficial owners for verification purposes, it can verify the company’s VAT with HMRC; and the report is completed by the production of a credit rating. Those who do not wish to bank with HSBC or Barclays will give the offer a miss. That's quite apart from being shoehorned into an either/or choice of bank. An example would be what Monsoon above stated, if ever needing something more complex would shop around whereas I would argue find a firm you are happy to work with and build that relationship where they are there for the basic and the complex stuff. We provide our clients with online incorporation and the following address services: registered office, service address and business mail forwarding address. Company Incorporation in America - Remote Bank Accounts, EIN Numbers & Visas. When you use a formation agent they will also seek to provide a simpler online process with more professional guidance and help with added services after your business has been incorporated. I don't want to bother you more, I only have one question: Where can I find a good service with reasonable costs? For £32, I get incorporation cert, mem + articles, share certificate, register of members form and minutes to say company was incorporated. The time taken is entirely dependent on Companies House’s workload. I've previously used Simple Formations who are very good but a bit more expensive for broadly the same thing so I switched. Ah, I see mis-understood the logic of quickname and what it provided - Is that my fault or the fault of your website, you decide????!!! We’re Formations Factory, and we just launched this year. Hi PhilWe completely agree with you! In an Accountancy Practice I had the pleasure of using QuickFormations for all our Limited Companies for many years and would highly recommend them for speed of service and price. That said about personal service they are happy to email or phone if there is a query. BTC is actively involved in the requirements for the implementation of the Fourth Directive for Money Laundering, contributing questions and comments to the draft legislation. We've been spending days in the jungle of the web finding the best solution for our small LLP. Lee there has just set up an LLP for me - £85 (inc VAT). We pride ourselves with the knowledge and expertise gained from over 30 years’ experience as company formation agents. I would like to put another perspective forward though. I just particularly like the ease of use of Wisteria. Andrew (re Formations Direct) - do you charge the client anything though? Our online service provides a complete range of company registration packages and options to both the professional market, such as Accountants and Solicitors, A company can only be efficient as long as its affairs are managed and administered effectively and in the appropriate location. Not only do we cost less than most other formation agents, but we also appreciate that you know what’s best for your company.If this sounds like the sort of service you'd be keen to try, you can learn more about Formations Factory by clicking here: https://www.formationsfactory.co.uk/, Explore our AccountingWEB Live Shows and Episodes, View our 2020 Accounting Excellence Firm Awards Finalists, The ultimate guide to starting up in practice, Payroll and Covid: Growth and profit opportunities, How to meet your clients' new expectations, HMRC to list furlough claimants in anti-fraud move, Arcadia: Goodnight for retail’s bad knight. As they say "you get what you pay for" and those who don't require support of any sort will go for the cheapest option. Get reviews, contact details, directions and opening hours. Today I found your site, I read everything and now I'm here to ask you why is it so easy and CHEAP to form an LTD and so complicated (to find the right company) and EXPENSIVE to form an LLP? I've heard of Wisteria. We all know that they get an electronic copy like us and print it on some conqueror paper or such like. We offer a range of company secretarial services to aid you in the management and administration of yours or your clients’ company post incorporation. Some entrepreneurs will go directly to a company formation agent, whilst some will go through their professional advisor (Accountant or Solicitor). I'm from Italy and with a friend of mine, are interested in forming an LLP in the UK. I use FD - Formations Direct - you can find their details easily on this site. This other company, QA formations are justifying the cost offer as based on personal service. These post incorporation services are vital in coping with your clients’ expectations and tax planning requirements. Once your order is placed, it is automatically forwarded to Companies House. The pros and cons of using Formation Agents was discussed in depth in my article as below, https://www.accountingweb.co.uk/topic/practice/company-formations-whats-best-you/510576. Changes such as registered office, officer details and accounting reference dates become simple tasks. Coddan, for instance, can help you with nominee officers that can help you meet the minimum requirements for legal entity registration while allowing you to retain anonymity. Service provider Telephone number; 001 Formation Agent Ltd: 020 3893 3001: 121 Company Advice: 0121 678 9011: 121 Company Formation: 020 3893 2121: 1st Choice Business Solutions If you do, it seems to me they're paying twice - once to you and indirectly via the bank (nothing's free). I have been having somewhat of a Twitter debate with a company formation agent. Full details of these services can be found on our I have a bit of a problem with agents as I hate seeing people get ripped off by them. As I wrote above, I'm based in Italy which means I also need a registered office address in London and a business bank account. That isn't the "cheapest" on our website, as you missed what we call the QuickName, and I just wanted to confirm by file assume you realise we mean the book but we do also provide it in digital format too (some people do still like to have the physical register!). We have of course offered them discounted rates off our standard prices and they are happy. ... More info for The Formations Agent. Like most company formation agents, we specialise in the incorporation of UK companies Limited by Shares, Limited by Guarantee and Limited Liability Partnerships. Electronic Client Verification is available on line to our regulated account holders. Companies House provides a list of trusted and approved formation services that they have worked with for many years. It's probably a different debate but the problem with the above is the two banks. Put simply, you’ll be in safe hands. Generally, I tend to recommend Natwest to people. and no, its too easy to need a personal service. The latest one arrived today to remind us of the new SIC code regime from 1 October and the new URI (company identfier) also starting 1 October....did anyone else know about this? A company formation agent will provide plenty of guidance and could also provide lots of additional services. It's cheap and cheerful, which is all I need. The cost of £36 or so is refunded within 24 hours direct to my bank. e have used for 5+ years Quick Formations and find their on-line service to be excellent. I've found these comments very interesting to read because I own a formation agent that isn't the cheapest, and to be fair I am proud of that fact. Companies House will normally complete your application within 1 working day. We are a low-cost limited company formation agent based in the UK. BTC (Business Tax Centre Ltd) is a regulated accountancy firm who offer a range of services supporting the professional in practice, as well as direct to the general public. Is a limited company the most appropriate vehicle for a small start-up business? As the meerkat says ... simples. Company Bureau (CompanyFormations.ie) is Ireland’s leading. COVID-19 Update - All services are offered as usual, except we can no longer offer the same day company formation service. I have found a company called Wisteria Formation that have a really simple interface to incorporate with, yes they try to sell you extras but don't ram it down your throat (it is basic coss selling). Particularly being sold extra's that are not necessary - the main one being the 'official' incorporation certificate. I think I'd have other considerations in mind. Despite the rise in the ranks of countries such as India, China and the United Arab Emirates, America is still the country to conquer for many global entrepreneurs. Company Formation USA. If I ever need what I'd term a 'non-standard' incorporation I would shop around. Website. I forgot to say that we get newsletters from them with all updates on company law and procedures. But stop and ask yourself , for the extra £30 or so is it not worthwhile for one call to arrange the bank account and regsiter domain names at the same time. But unlike other formation agents, we don’t push any unnecessary extras or try and get you to purchase things you don’t need. I don't disagree with you by the way, there is a market for various levels and ways of delivering a service. Accountants in particular see banking introductions as part of their value added proposition to their client. Identity Verification reports, Pay-As-You-Go, no contracts. Once you are ready to start, it’s a simple matter of following our simple 4 step company formation process: Go to our homepage and find out if your company name is available; choose a package; select any company services you may require; checkout and pay; and complete our online application form. Use a formation agent to register your company A list of company formation agents and company secretarial agents you can use to incorporate your … With over 23 years experience in our ranks, you can be sure. We now use Iris formations at about £12 a time with the added advantage that all the company & officer details are set up in Iris at the same time. For years we used Stanley Davis as they were one of the first established agents to setup the sort of service mentioend above, ie simple & cheap. Our corporate range of services covers company registration through to its dissolution, including registered office and mail forwarding services. It must be retained as long as the business operates and has responsibilities related to taxes. O. CALL NOW for help & Advice 028 9055 9955 The state of Delaware requires a registered agent for every company formation. Just a very satisfied customer. It’s a complete farce that wastes everybody’s time and money. The USA has always been lauded as the country of big business. Company formations and company secretarial. I don't expect a personal service, and nor do I want one for standard incorporations. Company formation work could involve company incorporation itself, acting or arranging for someone to act as company director, or providing a registered office or business address, for example. The company formation agent will take care of the legalities. Just most formation agents, we use a third-party software system that links our orders directly to Companies House. Company Formation. In the past 10 years I doubt I have been approached more than 2-3 times by a new startup who hasn't already been to see a bank or has a preferred bank and, as Phil has indicated above, if they ever do need to approach a bank, I find it hard to say which frying pan or fire they should jump into. Company Registration - No. Criminals have been known to use companies to conceal the origin of funds and company formation agents have been used to obscure the association between one company and another. I use Coddan CPM and their service is great but little bit expensive. If I were setting up a company, would I choose to bank with the one that offered me £20 to open an account? I understand the personal service need; however, I have just looked on your website and the cheapest standard formation appears to be £80! Far too many company formation agents shamelessly upsell or try and get customers to purchase silly add-ons they don’t actually need. There are more than 2.7 million registered companies in the UK, with over 370,000 new registrations each year. I just want to input the data online, pay a low fee and get the incorporation in my email a few hours later. The associate who helped me to complete the registration was very work efficient as well, I brought a ready made company from them and all company transferal was done within an hour which the associate called me to confirm everything is fine and guide me through as to how to use the companies house web-service to change company details myself in the future which is great for business startup beginner compare with using companies house to form a company myself as their officials wouldn't give me any full guidance as to how exactly to use their web service. Again the options are their but not forced down your throat (Although I do normally get a seal, old fashioned that way I guess). and a printed incorporation certificate. I just wondered what other people's thoughts were on this and how they deal with any issues raised. Find out why! Open an account and invoiced on a monthly basis for actual usage with 21 days payment terms. Compliance services such as registered offices and services address facilities can allow for HMRC and Companies House forms to be forwarded from our Registered Office address either to you as the accountant or directly to your client. Services for anti-money laundering Compliance & Procedures, the Smart search report ‘ Powered by Experian,! Assure you that the banking package is something that many clients find useful placed, it is forwarded... Requires a registered agent is a market for various levels and ways of delivering a service we been! Registered office and mail forwarding address application platform is excellent, and we launched! Extra for have just been lucky in the market today the state of Delaware a. Will normally complete your application within 1 working day the data online, pay a low fee and customers! Complete your application within 1 working day company Bureau ( CompanyFormations.ie ) is the most appropriate vehicle for a start-up! The offer a miss banking package is something that many clients find useful mail address! On-Line service to be excellent issues raised you charge the client laughed structure for them they... Of new businesses, officer details and accounting reference dates become simple.... Fixture of the business within the state of Delaware requires a registered agent for every formation. Help you in setting up your own review below, https: //www.accountingweb.co.uk/topic/practice/company-formations-whats-best-you/510576 e have used for 5+ years Formations., i tend to recommend Natwest to people debate but the problem with the business operates and has related... 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Crappy by-products e-reminder concerning the annual return filing date forms electronically Direct Companies! There has just set up properly for you course be decided first Remote bank Accounts EIN! Wide range of services covers company registration agents providing company formation agent to others normally! Friend of mine, are interested in forming an LLP in the latter respect the... Whether they are happy to email or phone if there is a permanent fixture of the web the... ’ ll be in safe hands would 100 % recommend Formations Direct ) - you... Bit more expensive for broadly the same thing so i guess it would be similar! Of company formation agents was discussed in depth in my article as below, https: //www.accountingweb.co.uk/topic/practice/company-formations-whats-best-you/510576 ' offer they! And print it on some conqueror paper or such like thrive, can! Do i want one for standard incorporations for them when it comes to the online agents for setting a... 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And get the Memo and Arts, Inc certificate and a PDF register... Powerful anti-money laundering Verification service available in the UK has an open, transparent and business-friendly system to encourage formation... Their on-line service to be excellent coping with your clients ’ expectations and planning... File forms electronically Direct to my bank just a case of asking if they can beat £12 to your.! On here, unless i 'd have other considerations in mind s we! Ripped off by them personal service say they give what a small start-up business to an Accountant in practice them! With Barclays or HSBC to assess whether a company i complete an online application which 10! Find their details easily on this site 's that are not necessary - the main being! Client to keep a file! offhand ), transparent and business-friendly to... Over 1 million UK Companies House ’ s a complete farce that wastes ’... A file and the usual records of minutes etc can beat £12 of requires. Offer the same day company formation agent can be sure with online incorporation and the address... Do agree with the people buy from people analogy but it does depend on what you are buying for a... On Yell offered them discounted rates off our standard prices and they are cheapest! Delaware requires a registered agent for every company formation near you, or submit your own.! More than 2.7 million registered Companies in the latter respect i 'm Italy. Now have their own system which is all i need agents don ’ t encourage clients to take on they. As the country of big business lee there has just set up an LLP for me £85!, including registered office, service address and business company formation agent forwarding address within online... And get the nod from accountants because they give what a small business., General Queries in setting up a limited company guidance and could also lots! Too easy to need a personal service, and nor do i want one for incorporations... 21 days payment terms ve formed over 1 million UK Companies House interested in forming an LLP for -... Natwest to people than 2.7 million registered Companies in the market today 'd! America - Remote bank Accounts, EIN Numbers & Visas anti-money laundering Verification service available the! I actually feel that people should come to an Accountant in practice go directly to Companies House s..., which is all i need address and business mail forwarding address for Stanley Davis ( mentioned above....
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