Whether your new company is going to be large or small, you probably have questions about how to go about company formation, and whether going through the process on your own is better, or whether using company formation agents is better. Here are some of the benefits of using company formation agents.
First, although you can do company formation on your own by contacting Companies House, some find it easier and more reassuring to go through an agent. Companies House can walk you through the process, provide you the correct forms, and only charge you a small fee. But the fact is, with the amount of people they have to work with regularly they can’t give you as much personal attention as you may want.
Agents can give you personal attention and answer all your questions. They will work with you step by step, on a daily basis. Some people also find this helpful as they have legal questions, tax related questions etc that Companies House may not have the time to answer for you.
Further, if you questions later on you have formed a relationship with a company that is willing to help you further should have more questions after you company formation is complete.
Whatever you decide to do, make sure that you do everything professionally and above board. If you are told that you legally need to do something in order to run a business, you should do it. It will save you getting into trouble later.
Also, make sure you put your taxes in order. Keep good records throughout the year and you will find the tax process a lot easier in the long run. This is another benefit of going through an agent—they also usually offer tax services.