The company doesn’t get started in one day. It takes days of struggle and paperwork. One has to go through several legal procedures and formalities to open a company of their dream. A budding businessman always feels overwhelmed by the paperwork as the process to start one’s own company is tedious and time-consuming. It becomes simpler and easier when you have a support of a professional individual who is aware of all the procedures.
If you are wondering who to contact n such a situation, then a company formation agent is your answer.
Here is why you must consider having a company formation agent for your company:
1.Saves Your Time
Someone who has prior valuable experience of company formation knows how to handle the process efficiently. An agent saves a lot of your time which otherwise would have been wasted in running here and there, getting the papers right. Time is precious for someone who is starting his entrepreneurial journey. Hiring a company formation agent will allow you to focus on other important aspects like set-up, hiring etc.
2.Saves Your Money
An established and experienced company formation agent will provide you with a series of company formation packages. You can choose the one that suits your need and budget.
3.A Company Formation Company Has a Simple Online Application
You must be already aware of the fact that applying for company registration is a long process. It includes several procedures and formalities. One has to fill our companies House form INO1. It is a pretty lengthy and time-consuming form that contains jargon that you might not even be familiar with. A company formation agent is specialized in this field. They are aware of every term related to company formation. So when you hire an agent, all you have to do is fill out a simple form. Rest is handled by him.
4.Efficient To Handle Any Type of Business Set-up
A company formation agent offers diverse packages that allow a number of online registrations including:
- Charity company
- Company limited by guarantee
- Limited liability partnership
- A private company with multiple share classes
- Company with altered or bespoke articles
- Right to manage the company
5.Protect Your Application
Companies house reject the forms that have any kind of errors. An agent ensures your application form doesn’t have any grammatical errors, irregularities, missing information, and other forms of the hindrance. Your agent ensures your application has none of these. The formation team reviews your pre-submission information. Your agent finalises your application on Companies House form IN01 and submits the form to the registrar for approval.