Company Formation Services

Whether you’re are looking at starting a limited company, sole trader, partnership, small business, limited liability partnership, contractor, freelancer, property or investment business we can assist you with the company formation.

We provide expert advice on forming companies to businesses and can complete the set up for you for just £50 or free if you sign up with us!

We can help you form your limited company free of charge if you sign up to our services

Accounting Wise have the facility within the office to take instruction from a client in the morning to form a new private limited company, and be able to provide them with the certificate of incorporation with full company registers, memorandum of articles of association by the close of play the same day.

We will advise you of the pros & cons of trading as a limited company, limited liability partnership, an old fashioned partnership, or a sole trader. We will explain to you the tax and commercial advantages and disadvantages of each.

Once you have come to an informed decision, we will help you set up the correct vehicle and register you with HMRC for tax, VAT, PAYE, and deal with any other related matters. So you can start trading in your new business from day one – running.

What is included?

Company formation has to be done in accordance with strict Companies House requirements.

At Accounting Wise we will deal with all the requirements for you, so that you will have a company formed to your own specification and ready to set up a bank account and start trading. In urgent cases, we can even arrange a same day formation.

Our Company Formation services include:

  • Registering your company name with Companies House
  • Preparation of minutes and resolutions for your first Board meeting
  • Providing the certificate of incorporation
  • Producing the Memorandum and Articles of Association
  • Providing share certificates to the shareholders
  • Registering your company for PAYE and VAT

Company Formation – Incorporation Procedures

The Companies Act 2006 sets out exactly what documentation is required for forming a company, and it is very different from that which was previously needed.

Company Formation

An application to form a company is made on Form IN01. This has to be accompanied by a Memorandum of Association (see below), the Articles and the correct registration fee.

The Memorandum of Association is a short document, serving the limited purpose of evidencing the intention of each subscriber to form a company and become a member of that company. Companies are no longer required to specify their objects, and the concept of authorised share capital has been abolished.

New Model Articles have been introduced. There are three types, as follows:

  • Private company limited by shares
  • Private company limited by guarantee
  • Public limited company

They are written in plain English and are shorter and simpler than ‘Table A’ (which had been around in various forms for over 150 years). In practice, companies can be formed using either Model Articles, Model Articles with amended provisions, or bespoke Articles.

Companies incorporating as limited by shares (whether private or public) must complete a statement of capital and initial shareholdings as part of the company formation documentation. The statement of capital is a new document. It is a ‘snapshot’ of a limited company’s issued share capital at a given time. It also needs to be provided in various other circumstances, including as part of the application to incorporate.

Our Accreditations

You can feel safe in the knowledge that we are experts in our field.

Our online accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm, and a HMRC registered Agent.