17 Jun 2016

A question about : Incorporation (LTD)

Hi
Does anybody know how much it cost to incorporate the Ltd company? does anyone tell me how to do that? are there any cheaper options available?

thanks in advance

Best answers:

  • If you search on Google for "incorporate limited company " you will get loads of leads and the price varies enormously. Also varies if you want a company that's off the shelf (i.e. has been around for a while so you have a bit of a trading history which can be helpful for e.g. loans) or create a new one.
    I used UKPLC https://www.uk-plc.net/ and it cost me about Ј35 to set up a new company which was cheapest I could find. Service was good. They also have lots of other services you could consider when setting up.
  • Hi DutchGirl
    Thanks for info
    one mroe question where will i find off the shelf compny and do you have how much it is going to cost me?
    do i need to check some leagal things about it ?
    do I need to check is the company which i am going to buy is having loan and that loan needs to pay to new buyer kind of stuff?
    can you please guide me ?
    Also do we need the incorporation certificate as hard copy ? does banks accept digital copy of that?
    thanks
    Nitin
  • I suggest you call the people who incorporate companies for you for that for guidance. https://www.formationshouse.com/ do both new and ready made companies so they can advise you. I have no experience of them but just randomly searched "off the shelf companies" on Google and picked the first one..
    WIth any company you should receive a paper certificate for use when proving yoru company exists. Make sure it's included int eh price (it was when I did it)
  • You could just go to https://www.companieshouse.gov.uk/ - i know the site is painful but get used to it if you plan to do the company adminstration.
    Also you'll need someone to be a company secretary (need one and at least one director, but can't be the same person).
    Same incopration firms offer a proxy secretay for a fee but easier to get the mrs to do it.
  • You can do an LLC in Arizona for less than in California. For example, https://www.companyinc.net charged less than $500 but https://paralegal-plus.com charges less in California. Arizona LLC formation can be researched online at https://www.fastincorporating.com
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