Cheap Company Formations

January 5th, 2010 by chris

I first set up a company a few years back. I had just got a quote from my accountant – £200 for a brand new company.

So I was shocked when I looked online and found hundreds of companies out there, offering to setup my company for as little as £20. I did some research and these companies are all legit.

In fact, they’re called “formation agents” and they basically register your new company for chump change.

The way they do it is by liasing with Companies House (the UK government service), and processing your application via their “e-filing service”.

They can setup your company quickly – often within a few days.

Some even offer fast-track services and can do it in as little as a few business working hours (but ask your agent if they do this).

So, your company can be registered right away. Just choose a name, search “buy limited company” or “company formation” or somesuch – and pick one.