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! 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. 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. 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.

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