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Posts Tagged ‘Company Formation Agents’

A Company Formation Agent is authorized by the Companies House, which is the regulatory authority for registering all businesses in UK. The agent?s role is to help entrepreneurs in the electronic filing of applications for business registration. A paper application can be made but through efficient company formation agents, it is possible to facilitate speedy and smooth electronic filing.

Why Company Formation Agent?

A Company Formation Agent acts as a link between an entrepreneur and the Companies House for registering a new business. It is not realistic to expect the Companies House to guide and advise each and every entrepreneur on the process of company formation. So, the role of company formation agents has been to create their own individual electronic interfaces in sync with the back office at the Companies House.

A Company Formation Agent is more like an advisor who guides individuals or entrepreneurs through the whole process of getting a business registered. An agent also forms the company on an individual?s behalf by using its electronic interface with the Companies House.

What services does a Company Formation Agent provide?

A company formation agent generally provides the following services:

* Advice on the business structure of the proposed company

* Assist and advise in selecting a company name and checking its availability

* Prepare documents such as the Memorandum and the Articles of Association

* Help in finalizing the registered office of the proposed company

* Provide a Certificate of Incorporation after registration of the company

* Provide Statutory books and Share certificates as required by the company

* Provide assistance with opening bank accounts

* Assist with the appointment of nominee directors and shareholders

How to choose a Company Formation Agent

A good company formation agent is one who will identify the business requirements of entrepreneurs and provide appropriate advice.

Opt for a company formation agent who would offer the following services:

* Prepare all the required documents for electronic filing.

* Offer a certificate of incorporation within a period of 24 hours.

* Check the fee which is charged by a company formation agent.

* The charges comprise VAT, the government fee of

New Company Registration is the basic step that will define the structure of a business and make it an entity that enjoys legal acceptability. This way, the business can begin its operations. In UK, all companies have to be registered in conformity with the Corporation Act 1985. New company registration can be done manually or electronically by filing the required forms and submitting the necessary documents along with the mandatory fees to the Companies House, which is the authorized body in the UK. In recent times, electronic filing has emerged as a popular option because it is definitely hassle free in terms of time and effort. The Companies House accepts electronic applications for new company registration through authorized company formation agents.Steps in New Company RegistrationNew company registration involves deciding about the company?s nature and business structure. Choices include registering a public limited company, a private limited company, a partnership, an LLP or any other business form. Once the business structure is finalized, the next step is to decide a name which is available and suitable. Remember to avoid usage of certain words such as Bank, Building Society, British, National, International, Group, Holdings, and Chambers of Commerce. Take care not to incorporate words that imply a connection with the Queen, the Parliament, the Royal family or the government. Required documents such as Memorandum and the Articles of Association need to be prepared. These documents comprise the rules and regulations pertaining to the basic conduct of the company along with relevant details about its shareholders and directors. Role of a Company Formation Agent in New Company RegistrationNew company registration becomes speedy and effective with the help of an efficient company formation agent.Here are some ways by which a company formation agent can assist in setting up a new business:* Verifying the suitability and availability of the company name.* Assist in preparing all the documents including the Memorandum and the Articles of Association. * Help in choosing the Registered Office.* Prepare and finalize a partnership deed in case of LLP or Limited Liability Partnerships.* Guide on the appointment of directors, secretaries.* Assist in getting registered for VAT or corporation tax.Company Formations 24.7, one of UK?s largest company registration agents, offers accurate information, helpful advice and reliable support to entrepreneurs who are keen to set up new businesses or complete new company registrations.