An organization formation agent is an independent company that comes with (registers) corporations on behalf of recent businesses, making the method quick, easy, and considerably inexpensive.
Formation agents enable people to simply arrange various sorts of company structures entirely online.
Legitimate formation agents within the UK are authorised to register corporations electronically with Corporations House – the official registrar, liable for approving company incorporations within the UK.
What does an organization formation agent do?
In addition to actually forming your organization, formation agents, like 1st Formations, can support you with expert advice and an intensive range of corporate services, resembling:
How does an organization formation agent work?
Using an approved online company formation agent is the quickest and most user-friendly approach to incorporate a limited company.
Application forms could be accomplished online and submitted electronically to the registrar, with most applications approved by Corporations House in as little as 3-6 working hours. This implies you may arrange a limited company and begin trading on the exact same day.
4 easy steps to company formation
We offer a fast and hassle-free company formation process in only 4 steps. That is the way it looks:
1. Select your organization name
Firstly, check in case your proposed company name is on the market for registration by entering it into our online company name-check tool, positioned on our homepage.
This method will scan your proposed name against the Index of Company Names already registered at Corporations House. Results are fast, so that you will immediately discover in case your chosen name is on the market or when you’ll need to decide on another name.
Our name-check system may even notify you if the name requires supporting documentation for approval or if it incorporates any sensitive words or expressions.
Before choosing your name, it’s idea to familiarise yourself with the principles that apply when selecting an organization name provided by GOV.UK.
2. Select an organization formation package
We have now a bunch of tailor-made company formation packages to pick from, catering to a wide selection of company structures. Whether you would like to form a personal company limited by shares, an organization limited by guarantee, a limited liability partnership (LLP), or a public limited company (PLC), we may help (from just £12.99!). We also offer a package dedicated to non-UK residents.
In case you need assistance deciding on a package, you need to use our Package Selector Tool or call our friendly team of experts who will likely be blissful to help you.
3. Opt for added services and support
In addition to simplifying the web formation process, one in all the major reasons that business owners-to-be decide to register with an organization formation agent, fairly than directly with Corporations House, is for the exclusive additional services they will profit from.
When you’ve chosen your organization name and chosen a package, you’ll proceed to the checkout, where you may determine whether or to not opt-in for any of our additional services.
A few of our hottest options include:
- Registered Office Address Service which lets you protect the privacy of your private home and enhance your corporate image with the usage of our prestigious Covent Garden, London address.
- Service Address that maintains the privacy of a director, secretary, or shareholder, keeping their residential address off the general public register.
- Business Address Service allows your organization to make use of our distinguished London address to receive and forward business mail, whether you might be within the UK or overseas.
- Confirmation Statement Service ensures your organization stays legal and compliant, along with your statement prepared and filed at Corporations House.
- VAT Registration allows one in all our experts to care for the applying to HMRC for you, taking what is usually a daunting task off your hands.
- Call Answering Service ensures you never miss a call again! Have your calls answered professionally and promptly by a dedicated receptionist, who will transfer and announce the decision to you, or alternatively take a message and forward it to you by email or SMS inside ten minutes.
These are only a number of the skilled services provided by 1st Formations to assist propel your corporate image and ensure your recent company gets off to the perfect start.
You’ll be able to view a full list of our company secretarial and business support services from our major menu.
4. Enter your organization details through our easy online form
Our online application form is super straightforward and can take just a couple of minutes of your time to finish. You’ll be asked to supply the next information:
- Your organization name
- Registered office address
- Description of major business activities (SIC code)
- Director’s details (minimum of 1, have to be no less than 16 years old)
- Shareholder’s or guarantor’s details (minimum of 1)
- Secretary details (optional)
- Details about individuals with significant control
- Statement of capital (this outlines the share capital of an organization limited by shares)
- Supporting documentation (required if your organization name incorporates any sensitive words or expressions, or is analogous to the name of one other company)
Review and submit your online application
In case you purchase our Pre-Submission Review (£4.99), when you’ve followed the above steps and filled in your online application, we’ll check through it for you before sending it to Corporations House in your behalf.
You’ll then be notified by email as soon as your organization registration is approved.
If your organization formation package includes paper incorporation documents, we’ll post these out to you inside 24-48 hours.
Manage your organization online
Once your organization has been formed, company formation agent will provide a free Online Company Manager; an easy-to-use customer dashboard, allowing you to access a variety of services and facilities, and the flexibility to administer your organization online in a single protected place.
Via the first Formations Online Company Manager, you may:
- Create a recent company
- Update contact details
- View your order and invoice history
- Check and update your primary payment options
- Access key information resembling your organization registration number and authentication code
- Access and download your registered office and repair address mail (and business mail when you receive it digitally), at any time, from anywhere (if you could have address services with us)
- Update and file changes to directors, company addresses, and buy services on your company from our Shop section
Able to start?
Take the primary steps in forming your organization now with the UK’s favourite company formation agent. In only 4 easy steps your organization could be formed with us today!
Thanks for reading
It is best to now have understanding of what an organization formation agent does and the way they work.
We hope you found this post useful. If you could have any questions then please don’t hesitate to go away a reply below.
