What are the Benefits of Using a Company Formation Agent in the UK?

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This is your first time running a business and experiencing entrepreneurship can be both nerve-wracking and rewarding at the same time. Now, we will recommend you incorporate your business instead of operating like a sole trader.  How to find “company formation agents near me?”

The process of registering your company can be full of formalities and overwhelming, especially if you are not used to the legal and administrative steps involved. This is when a company formation agent can be useful. 

It's easy to mess up on your application, which can make the process long and costly. If you don't know how to start registering your business, a company formation agent may be your best choice. 

A company formation agent helps new companies register fast and right. Every year, they help thousands of people to register their businesses. Today, we will talk about the benefits of hiring a company formation agent to register your business.

Let’s Start Here: What Do Company Formation Agents Do?

A company formation agent is a separate business that creates companies for other people. These agents make it easy to form different kinds of company structures completely online. They also give professional expert help, guide their clients during the company formation process, and offer more business services and continued support to company owners.

To start a company in the U.K., you need to register with Companies House, a government agency. You may feel overwhelmed by the process of registering a company, especially if you do not have any experience with legal and administrative procedures.

But what happens if you don’t live in the U.K., and you just want to enjoy the advantages and reputation of being registered in U.K.? That’s where formation agents can help. For a small fee, a formation agent will do all the paperwork for you.

What Services Do Company Formation Agents Provide?

Company formation agents can offer a range of services, such as listed below.

• ● Incorporation - Agents can help you set up and register a new company with Companies House
• ● Document filing - They can submit all the required documents in exchange for a small fee
• ● Compliance - Most of these agents can give guidance on following the law too
• ● Directors' service address - They can give a service address for company directors to use as a mailing address for Companies House mail
• ● VAT registration - They can help limited companies sign up for VAT after their company is formed.

Company formation agents can also give you expert advice, continuous support, other business services like call answering and virtual receptionist, bank account opening, and secretary services.

Why Should You Hire a Company Formation Agent to Register Your Business?

Hiring business formation agents can help you start your business. An agent can help you with their skills and know-how, making the process smooth and easy. Here are some good things about using a company formation agent mentioned in detail.

1. Easy Beginning a Business Journey

Starting a new business can be easy with the help of company formation agents. They take care of the details and make the process simple. You can do everything online, which makes it convenient and fast for you.

If you need any guidance or support during the online application or the process, agents are ready to give you advice and help. This makes the whole process as smooth as possible and minimises the errors that can happen when you register a limited company by yourself.

2. You Save Both Time & Money

When you start your own business, do you think about incorporating it yourself? Have you ever thought about the time you are wasting if you are trying to deal with all the legal stuff yourself? This is especially something that you need to think about when you are not familiar with legal formalities on a daily basis. So, how to save your time? You can hire a cheap company formation agent who will save you time and also some resources in the long run.

Registering a business involves a lot of paperwork and administrative tasks, such as completing forms, getting licences and permits, and filing tax returns. A company formation agent can handle all these tasks for you, leaving you with more time to concentrate on your core business activities. Also, they can help you avoid expensive mistakes and penalties that may result from not following the legal requirements.

3. Avoid Making Mistakes in Legal Applications

Market-leading company formation agents will also check your application before sending it to Companies House. They will look at all the information and inform you of any mistakes or questions before sending the application on behalf of you. This check makes sure that your application is approved, lowers the chance of rejection by Companies House, and prevents errors and delays. Once they are satisfied, it will be sent online to Companies House for you to make sure a quick response, correctness, and privacy of your data.

4. You Get Expertise & Experience

A company formation agent has the needed skills and experience to help you with the process of forming your business. They know well the legal rules and the administrative steps involved. They can help you pick the right business type, such as sole trader, partnership, or limited company, depending on your business wants. They can also give you useful tips on tax planning and following the rules, corporate management, and other key parts of running a good business.

5. Get Access to Amazing Resources

In order to form a UK limited company, you need to provide and maintain a registered office address in the country where you form. Also, every company officer, member, and person with significant control (PSC) must provide a service address, which is the same as a correspondence address. If you choose a good company formation agent, they will let you use their address or give you the chance to create a unique address for your business for a small fee.

6. A Complete Set of Legal Documents

One of the advantages of using a company formation agent over forming directly with Companies House is that you can get a complete set of company documents, for which Companies House only provides the certificate of incorporation.

These are the company documents you can get from an agent:

• ● Certificate of incorporation 
• ● Memorandum and articles of association 
• ● Share certificate(s) for each shareholder 

7. Personalised Solutions

A company formation agent can offer you personalised solutions that fit your particular business needs. They can cooperate with you to know your aims and plans and help you pick the right business form, legal form, and tax form that will suit your interests best. They can also give you continuous support and guidance to help you deal with the difficulties of running a good business.

In the End

At last, getting a company formation agent can make you feel calm knowing that your business registration is done well. They can give you a good and fast service, making sure that your business is registered right and on time. This can help you not worry too much or feel nervous, that happens from trying to do the hard process of registering your business by yourself.

Register Your Company with Icon Offices

If you need a good “company formation agent near you" make sure you give Icon Offices a chance to prove why we are the best in the UK. We provide one of the cheapest UK Limited Company formation services in the country. We also offer office rental solutions to suit every budget and requirement. Our business centres in London and Essex offer everything from low-cost virtual offices to all-inclusive private luxury serviced offices.

Here, you can find a wide range of essential business services, apart from company formation and VAT registration, that are extremely important for every business to have during its initial stages. A list of the services we provide is given below:

• ● UK Company Formation (for both UK and non-UK residents)
• ● Virtual address
• ● VAT registration
• ● Company Logo Creation (starts from £60)
• ● Business bank account opening (get cashback upto £60)
• ● 24/7 Call Answering and Transfer service
• ● VoIP UK landline numbers for your business
• ● UK virtual mobile numbers 
• ● Annual Accounts & Confirmation Statement Filing

And many more…

Our company formation services start from a really cheap price of £5.99 which also gives £150 worth of free services. If you decide to pay a little more, you can also get our virtual offices and director services. So, hurry up and grab this deal today and visit our website for more details!