{"id":6826,"date":"2019-10-23T14:23:01","date_gmt":"2019-10-23T13:23:01","guid":{"rendered":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/?p=6826"},"modified":"2024-05-17T15:42:00","modified_gmt":"2024-05-17T14:42:00","slug":"what-is-a-company-formation-agent","status":"publish","type":"post","link":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/what-is-a-company-formation-agent\/","title":{"rendered":"What is a company formation agent?"},"content":{"rendered":"

A company formation agent is an independent, professional firm that specialises in the registration (aka \u2018incorporation\u2019 or \u2018formation\u2019) of companies at Companies House. 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.<\/p>\n Set up a limited company using our Fully Inclusive Package<\/span><\/a>\n \n

Their services make it easier for new and existing businesses to set up companies. They also remove much of the administrative burden from Companies House. The end result is simple, fast, and cost-efficient company registration.<\/p>\n

What are the benefits of using a company formation agent?<\/h3>\n

Using an experienced company formation agent that has completed testing with Companies House and is authorised to file electronic incorporations<\/a> provides numerous benefits. By taking care of the complex, time consuming elements (i.e. the really boring bits) of the application stage, company formation agents are able to simplify and streamline the entire incorporation process. This makes life easier for everyone involved.<\/p>\n

1. You will save time and money<\/h4>\n

Using the services of a company formation agent often costs less (sometimes as little as \u00a351.99 +VAT), than doing it directly with Companies House or using the services of an accountant who will typically charge in the region of \u00a3250 to \u00a3350.<\/p>\n

Company formation agents also happen to get applications processed and approved in the least amount of time – usually under 24 hours. This is due to the fact that agents take on many of the administrative and support functions that would otherwise fall on Companies House.<\/p>\n

2. Simple online application process<\/h4>\n

If you choose to set up a company through a formation agent, you will need to spend a few minutes filling out a very simple online application form. There\u2019s no confusing language to deal with, the form is easy to use, and you will have access to specialist advice and assistance from a team of company formation experts who will help you to complete your application.<\/p>\n 5 things you need to form a limited company<\/span><\/a>\n \n

If you register a company yourself, you will be required to complete Companies House form IN01<\/a>, either online or by post (depending on the type of company you\u2019re setting up).\u00a0 Consisting of 35 pages, this form is quite complex and time-consuming. Many people also find the terminology difficult to understand, which often leads to mistakes and rejected company incorporation applications<\/a>.<\/p>\n

3. Less chance of your application being rejected<\/h4>\n

When you have filled out the simple online application form, your company formation agent will carefully review the information you have provided, checking for spelling mistakes, errors, missing information, irregularities, and anything else that may create problems for you in the future or cause Companies House to reject your application.<\/p>\n

Following this pre-submission review, expert staff will finalise your application on Companies House form IN01 and submit it to the registrar for approval. It will be filed electronically, which is the quickest method of delivery and the best way to safeguard sensitive data.<\/p>\n

4. Professional advice and support during and after incorporation<\/h4>\n

An experienced and reputable company formation agent can provide expert advice and step-by-step assistance during the incorporation process, in addition to offering ongoing support throughout the life of your company.<\/p>\n

They can explain all of the requirements, including company name rules and regulations, company addresses, the appointment of directors, and issuing shares. They can also advise on the company structure that will best suit your needs.<\/p>\n How long does it take to set up a limited company?<\/span><\/a>\n \n

After incorporation, your agent will be on hand to assist with filing and reporting obligations and any other queries or services you may require to manage your company successfully. This will often include free access to an online company management portal, which will allow you to maintain and change your company details with Companies House.<\/p>\n

5. You can incorporate any type of company online<\/h4>\n

Most company formation agents provide a range of incorporation packages that enable the online registration of any type of company structure, including:<\/p>\n