11–20 of 77 posts
"But before you can do that, you need to figure out which package you want. The crucial factor is that in order to open a bank account, you will need a printed Certificate of Incorporation." This is not true. I have registered a few companies and not once did they care about the printed certificate. They will call Companies House or email them and confirm you are a director and the company exists. Note: My bank is Ll…
Any thoughts on this service: http://golimited.co/ It was recently launched as a side project of startup I know in Brighton, UK. Seems super cheap.
Perhaps they're operating at a loss to try and attract customers for their online accounting service.
If you're going to be getting an accountant anyway, many accountants will do the company registration stuff on your behalf for free.
"But before you can do that, you need to figure out which package you want. The crucial factor is that in order to open a bank account, you will need a printed Certificate of Incorporation." This is not true. I have registered a few companies and not once did they care about the printed certificate. They will call Companies House or email them and confirm you are a director and the company exists. Note: My bank is Ll…
If getting yourself registered as a brand new company is so easy, what are the advantages of buying an empty limited company and changing its name? There must be some, or people wouldn't do it.
If you're going to be getting an accountant anyway, many accountants will do the company registration stuff on your behalf for free.
I'd advise against that, because it buffers you from knowing just how simple it is - and gets you in the habit of wasting money getting accountants to do things which you can do yourself in 10 minutes.
In many cases you should be substituting money for time, for most startups time is more valuable than money.
I'm not looking to set myself up as a company, but just out of interest, what's the difference between registering yourself and buying an off-the-shelf limited company? I've known people do it both ways. If getting yourself registered as a brand new company is so easy, what are the advantages of buying an empty limited company and changing its name? There must be some, or people wouldn't do it.
I registered directly with Companies House a few months ago, after consulting an accountant. It was completely straightforward. I don't see any need to use a third party.