If you are registering a company in the UK and are on the lookout for company formation agents, you are in the right place. Here are four factors for you to consider while choosing an agent. Before we go any further, it is essential that the agents you’ve shortlisted are recognised by the Companies House, the executive agency that governs business registrations, and are registered members of the Association of Company Registration Agents or ACRA in short, that ensures a high standard.
Check Features Offered
As you might have noticed by now, the market is saturated and firms offering company formation service outdo each other and lure you into giving them your business. Use this to your advantage and see if business essentials are clubbed as a package. These include:
- Bank Accounts – Most, if not all company formation agents have a tie-up with financial houses and help you open a bank account for your business. This also helps you cut corners when it comes to paperwork.
- Cash Back Offers – When you referred by an agent to open a business account, banks often reward with cashback offers. Depending on the bank and the deals that you are eligible for, you can expect a return of around £70. Features like these can help you with the indirect restitution of the company registration fee.
- Address Services – If you are someone who takes privacy seriously or if you don’t have a facility in the UK, the address service should come as deliverance. You can cut corners and use it for both, director’s service address and registered office address.
Compare the Pricing
From being bare bones to an overkill of features, if you are taken aback by the sheer number of packages that company formation services offer, then you aren’t alone. It is quite easy to be lost for choices, but the key here is for you to compare packages with similar sets of features across multiple agents. Watch out for those fine prints, the last thing you’d want at this point are hidden charges. Remember, the best company formation agents are those that give the biggest bang for your buck.
See add-ons and benefits
Essentials aside, look for features and benefits that help you with branding and operations. A lot of good, if not the best company formation agents now offer you everything from accountant consultation to vouchers for online ad campaigns and domain name registration to logos and stationery designs. It is quite natural for you to overlook these features, especially when you are preoccupied with the company registration process, but it’s these that come a long way.
Verify after sales support features
If you think what an agent offers is too good to be true, then it probably is. It is always best that you judge an agent by their track record and not their marketing rhetoric. Dig around and see what customers have to say about their experiences with a particular agent. Get to know the quality and the duration of support that the agent offers. Even if the package is on the expensive side of the spectrum, you will not regret choosing an agent that offers a reasonably good after-sales support.
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