Formation companies

Formation companies

Author
Discussion

Althalus

Original Poster:

341 posts

246 months

Friday 13th May 2005
quotequote all
Hiya,

Have any of you used an online formation company such as:

www.formationshouse.com/
or
www.quickformations.com/

Do they tend to work out reasonably well? Any hints or tips.
Am I better off sticking to sole trading until I need to go limited for tax etc?

Eric Mc

122,861 posts

272 months

Friday 13th May 2005
quotequote all
I haven't personally ever used a formation company but those of my clients who have used one to buy an "off the shelf" company have said that they were OK.

"Are you better off staying as a sole trader or changing to a limited company?" is an almost impossible question to answer. It all depends on what you want out of your business. Have you spoken to your accountant about this?