The registration of a company is fruitful in many different ways as it ensures proper working of the new business and guarantees a long life.
After you have decided upon a name for the company and have selected a location; when the officials, for example, the directors and the secretaries are identified; when the share capital is managed and shareholder details are confirmed and when the payment is made, a business can then be registered to give it the status of a company and this procedure is also known as incorporation of a company in UK.
There are a number of ways for company registration. It includes using the incorporation services of the Companies House, taking up the services of formation agents who not only can help the incorporation but can also chip in expert advice and suggestions in this matter. The third and the most traditional way of company registration is the paper way. In this process, all the prerequisites are done in paper form and the final documents are submitted in the Companies House directly where the process of registration takes from four weeks to a month.
A popular source of company registration in the present day is online registration. This way of registration speeds up the whole process of registration as all the procedures are done on the web and no hard copy documentation is required. The process of registration itself takes no more than a day in comparison to weeks waiting for the registration. That is the reason of the increase in the popularity of online registration which has now become a general practice. In fact, online registration has taken the place of all other types of registration as it is quick, easy and convenient and all the big businesses with little time prefer online registration. Online registration is also the best option when you have to start the operations of a business instantly and cannot wait for a month to get the company registered.
After submitting nominal fee, company registration can be done easily to ensure a long life of the new company and to provide it legal security. A business on a large scale cannot hope to survive for long if a separate legal entity has not been given to it. Registration is required to secure shareholders and share capital with which the company can prosper. Registration of a company is no lengthy procedure. And if you take the help from formation agents, the process can be made even easier. One thing that has to be kept in mind before considering a formation agent is that it should a reliable party.