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How long does it take to form a company?
Just like most formation agents, we use a third-party software system that links our orders directly to Companies House. Once your order is placed, it is automatically forwarded to Companies House. The time taken is entirely dependent on Companies House’s workload. Companies House will normally complete your application within 1 working day. In unusual circumstances, Companies House systems can be interrupted and take more than a day to resolve, but this is very rare.
Do I need to specify what my business is or the objects of the company?
There is no requirement to specify the objects of your company or the nature of your trade in the articles of association (constitution) of the company. However, you will be asked to provide a SIC (Standard Industrial Classification) code when you make your application. A drop-down list of all the available classifications is available at the appropriate juncture in the application. You only need to select one code, and it should be the code that is the most accurate. It is very rare to find an exact SIC match, so use a general SIC match if that is all that is available.
What are the charges?
We offer a discount to first time buyers who wish only to buy a basic limited company formation. The basic price is always published and clearly stated but will vary from time to time. There are never any hidden charges. There is a selection of more expensive packages, and there are extra services you can buy. We charge for all the extras, but they are entirely optional.
How many people do I need to form a company?
You need a shareholder and a director. The shareholder and the director can be the same person, so a company can be formed with just 1 person. Shareholders are the owners of the company while the directors are the people responsible for managing a company. The director must be at least 16 years of age.
What documents are required to create a company?
You do not need any documents to form a company, and the entire process is online. Our systems generate and submit forms IN01 and the Memorandum and articles of association on your behalf when you complete your order.
What company name can I use?
Subject to specific rules, you can use any company name, provided it does not already exist or resembles another company name on the Companies House Register. Our name search box is linked to Companies House and will advise you if your proposed name is available.