Professional limited company formation agents electronically filing directly with Companies House.

When you’re starting your own business, you become very aware of where your money is going and coming from.  Anything that can save money, while still giving an excellent service, is greatly appreciated.  Completing your company registrations online can offer just this.

If you are forming a company in the UK, then it is necessary to communicate with Companies House.  They require you to complete many forms by hand, and then piece together necessary documentation.  This is also done via the post, and can take weeks, or even months, to complete.  The longer you’re waiting for this process to be finalised, the longer you have to wait for your company to start making money.

Company registrations online remove this hassle.  By communicating directly with Companies House over the Internet, a company can be set up in a matter of hours.  Unfortunately, you are still required assemble all the relevant information, which can often require the help of a solicitor.  This can also be a difficult option for those who are not proficient with computers or the Internet.

These niggles can be eliminated by using a company registration agent.  They charge a very reasonable fee, and can complete a company registration on your behalf.  They will also provide you with all the necessary documentation.  Company registration agents also provide additional services that you would not get otherwise, such as hard copies of your articles of association, as well as help and services for tax and accounting.

When unemployment is high and wages low, it can be tempting to go it alone.  Although it can be daunting, starting your own business can be extremely rewarding.  You can do what you really love and be in total control of every aspect of it, not to mention the amount of money you could earn.  There are three methods of company formation; using Companies House, using an accountant or lawyer, or using a company registration agent.

By registering your company with Companies House, you will save some money, but this is by far the most complicated option.  All the forms will have to be completed by you, which can be extremely time-consuming.  You will also need to provide a memorandum and articles of association to Companies House, which can be very complicated and may require a solicitor to help complete.

Using an accountant or lawyer to form your company is very efficient; you will have all their experience and expertise at your disposal and they will ensure that everything necessary is completed.  Unfortunately, it is very expensive; it could cost the business around £200, which is a lot of money for a new start business.

The best option for company registration is to use a company formation agent.  Company formation agents offer the perfect balance of service and affordability.  They complete company registrations online and can provide you with all necessary documentation, all within a few hours.  Using company formation agents is definitely the smart choice.

With the current recession affecting every one of our lives, it could be easy to assume that levels of company formation would fall.  This, in fact, has not been the case.  The recession seems to have stimulated company registration, which in turn will help to bring the country out of recession.

According to data gathered by the office of national statistics, the number of self-employed individuals has increased by around 56 000 in the last year.  This makes the number of self-employed people in the UK around 6.63 million.  The number of company formations also increased a huge amount; around 12.2% over the same period.  These factors could also have impacted upon the slight fall in the number of unemployed.

All this is excellent news for the economy.  New start businesses are an excellent economic stimulus, and can bring economic growth where there once was none.  Company formation also means that more and more people are taking on employees, therefore reducing unemployment and increasing the number of people contributing to the economy.

Starting a company in the recession, although risky, can ensure the longevity of a business, provided it doesn’t fall at the first hurdle.  These businesses will learn how to deal with worse case scenarios and learn to survive in situations where the more established businesses have faltered.

The level of company formation is likely to rise further, with the concessions made to small businesses in the recent emergency budget.  Long may it continue.