There are many people coming up with new ideas that they would wish to build businesses and companies on, company formation agents provide assistance to those who intend to start companies by helping them register their companies online in just a matter of hours. The company formation process is a key element, for those people who want to venture into new companies to take into consideration and there are steps that need to be followed to the letter to see the process through. Those people who want to start a new company and be able to start seeing fruits through trading, need to carry out the Company Formation process which is a procedure that helps in registering companies.
There are steps that are incorporated into the Company Formation process and which need to be carefully executed because the realization of the company depends on them, this chapter is going to look at these procedures. The name of the company is an important aspect to considered during the registration process, identity is very important, this is because no one wants their company to be to be similar to other it is important to have something that you can own and which will be your own unique brand, there is a search tool that helps look through all the names in the database and help identify whether a company’s name is unique. The results are given immediately and one can know whether to change the name by making adjustment or by just settling with it.
A company can belong to a number of package plans that are provided by the process depending on the intentions or vision of the individual planning on developing one, therefore it is very important to select from a list of packages that which will best suited for the company’ vision. During the company registration it is very important to include addresses that will help in best identifying the location of the business or even make it very easy to contact, the address could be where the central office will be or where even the home office will be located.
The structure or frame work of the company’s shares and shareholders should also be included in the application process, this involves making copies of the memorandum as well as documents of association available, this is because they outline the rules that will govern the shareholders in reference to them having a certain level of control over the company, a document showing what the company will be involved in should also be included this is known as the Standard industrial classification code of activities.
When all the details that are required are in order one can therefore register the company by submitting the online application to Companies House and get fully certified having received the date and number when the company was formed, depending on the location of the company one should be able to choose the right agents to help in the application.