Company Formation - a Quick and Simple Process

By: Graff

Planning to start a company of your own, and worried about the legal and financial hassles involved? Use Company Formation services and get started with your venture in no time. The process of incorporating a business, this service is also referred to as Company Registration in the United Kingdom.

There are numerous websites offering services in this regard, with their packages ranging somewhere between ?80 and ?100. The cost of filing papers is charged at around ?20 by most of these service providers. Company Formation involves a lot of documentation. However, with the guidance of consultants, you can take care of these formalities without any hassles.

The first step in this process is depositing the registration fee and a few important documents to the Registrar of Companies. These documents include - Memorandum of Association, Articles of Association, Form 10 and Form 12. Through these documents, you need to state the name, registered office address and the objectives of the company in question.

The company's Memorandum of Association has to be signed by each of its subscribers, and should be attested by a witness. Form 10 should furnish details like name, address, date of birth and occupation of top management personnel involved in the functioning of the company.

Form 12 is all about the legal formalities that need to be dealt with during this process. It has to be signed by a solicitor involved in the formation of the company in the presence of a justice or commissioner of oaths, etc. Most of these service providers offer electronic paper filing, wherein a software or Company Formation UK agent aids the process.

Before choosing a consultant or service provider, go through their profile and talk to their former clients so that you know what is to be expected. More than anything else, their contacts in premier banking institutions and legal circles will ensure that your work is done on time and as per your requirements.

Top Searches on
Entrepreneurship
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 

» More on Entrepreneurship
 



Share this article :
Click to see more related articles