The difference of setup a ltd at CoHo. Website and using an formation agent?

Hayley Hong
Hayley Hong Registered Posts: 8 Regular contributor ⭐ ? ⭐
Hi All


Wonder if anyone could advise please.

A protential client would like to become a limited and this is my first time of dealing with setting up a company.

After some research work, I know some accountants use formation agent to set up companies for their clients, for example: companiesmadesimple.

I wonder why not use CoHo. the cost is less, why is it better to use a formation agent if it is? thanks in advance.

Regards

Hong

Comments

  • reader
    reader MAAT, AAT Licensed Accountant Posts: 1,037
    Hi All


    Wonder if anyone could advise please.

    A protential client would like to become a limited and this is my first time of dealing with setting up a company.

    After some research work, I know some accountants use formation agent to set up companies for their clients, for example: companiesmadesimple.

    I wonder why not use CoHo. the cost is less, why is it better to use a formation agent if it is? thanks in advance.

    Regards

    Hong

    I use CoHo- maybe people use formation agents for more complex formations, e.g. A + B shares, ordinary + preference shares
  • BIG WAL
    BIG WAL Registered Posts: 133 ? ? ?
    The formation agent we use provides everything in a bound package, including Certificate of Incorporation printed on
    card, Articles of Association, Share Certificates, Forms for minutes etc. Looks so much more professional and
    presentable. As a regular customer we get 50% discount on published price, (which we pass on to our client), making it a reasonable deal.
  • Hayley Hong
    Hayley Hong Registered Posts: 8 Regular contributor ⭐ ? ⭐
    Reader and Big Wal, thank you.

    Hong
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