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journalism 04-10-2012 02:30 AM

Company Formation in UK
 
I am in a process of building a LLC company in UK but they want me to pay for 60Euro to use their London, UK address, is there any service who provide lower than the amount they are asking for virtual office address to continue the process of building a LLC company in the UK. If somebody offering this please post below.


Thanks in advance.

CurrentlySober 04-10-2012 02:34 AM

Hit Up DVTimes... I bet he will let you use HIS address at $20 a month...

journalism 04-10-2012 02:35 AM

Quote:

Originally Posted by CurrentlySober (Post 18876173)
Hit Up DVTimes... I bet he will let you use HIS address at $20 a month...

I do not know. LOL Anyway thanks.

247mg 04-10-2012 05:11 AM

4.95£ to register a company... but that company was closed now.... https://www.theformationscompany.com/

EddyTheDog 04-10-2012 05:34 AM

I'm not sure why I bookmarked this place - http://www.swiftformations.com/

I think it was as they sorted banks and everything out as well....

mafia_man 04-10-2012 05:37 AM

Quote:

Originally Posted by journalism (Post 18876170)
I am in a process of building a LLC company in UK but they want me to pay for 60Euro to use their London, UK address, is there any service who provide lower than the amount they are asking for virtual office address to continue the process of building a LLC company in the UK. If somebody offering this please post below.


Thanks in advance.

60 euros a month or a year?

journalism 04-10-2012 05:58 AM

Quote:

Originally Posted by dpapa (Post 18876341)
4.95£ to register a company... but that company was closed now.... https://www.theformationscompany.com/


Okay they are closed. Thank you for recommending a close company.

Quote:

Originally Posted by EddyTheDog (Post 18876368)
I'm not sure why I bookmarked this place - http://www.swiftformations.com/

I think it was as they sorted banks and everything out as well....

I sent them an email regarding on this and I am still waiting for the response from them. Thank you!

Quote:

Originally Posted by mafia_man (Post 18876370)
60 euros a month or a year?

A year.

mafia_man 04-10-2012 06:11 AM

Quote:

Originally Posted by journalism (Post 18876393)
A year.

You're bitching of 60 euros a year.

That's cheap.

wehateporn 04-10-2012 06:49 AM

Quote:

Originally Posted by mafia_man (Post 18876410)
You're bitching of 60 euros a year.

That's cheap.

For some people it's a month's salary

mafia_man 04-10-2012 07:01 AM

Quote:

Originally Posted by wehateporn (Post 18876456)
For some people it's a month's salary

Have you seen the rates to incorp in other countries in the EU or US. Last time I looked it was cheaper to have a registered office in the UK than it was in Thailand.

For 60 euros they are legally required to forward all HMRC documents to you which is usually 10 letters a year. Sending 10 letters to Indonesia is likely to eat up most of that 60 euros.

journalism 04-10-2012 07:07 AM

Quote:

Originally Posted by mafia_man (Post 18876466)
Have you seen the rates to incorp in other countries in the EU or US. Last time I looked it was cheaper to have a registered office in the UK than it was in Thailand.

For 60 euros they are legally required to forward all HMRC documents to you which is usually 10 letters a year. Sending 10 letters to Indonesia is likely to eat up most of that 60 euros.

I think I'll go for it!

journalism 04-10-2012 09:36 AM

Question, Since I am now fully registered business in UK using company formation am I allowed to open a bank account in there using the address and the company formation that I register a while ago?

redwhiteandblue 04-10-2012 10:13 AM

You may find that difficult to do unless your company has a credit history but you can try.

seeme 04-10-2012 10:42 AM

Quote:

Originally Posted by journalism (Post 18876805)
Question, Since I am now fully registered business in UK using company formation am I allowed to open a bank account in there using the address and the company formation that I register a while ago?

You will most likely be asked to keep a substantial amount in your account.

cooldude7 04-10-2012 11:16 AM

Quote:

Originally Posted by dpapa (Post 18876341)
4.95£ to register a company... but that company was closed now.... https://www.theformationscompany.com/

they are still up ?

mafia_man 04-10-2012 04:43 PM

Quote:

Originally Posted by journalism (Post 18876805)
Question, Since I am now fully registered business in UK using company formation am I allowed to open a bank account in there using the address and the company formation that I register a while ago?

No. Both the bank and the registered office won't let you open an account using that address.

They will however open an account against your residential address provided you can meet ID requirements.

Best trying HSBC if they operate in your country of residence.

livexxx 04-10-2012 05:59 PM

LLyods TSB are also easy to open accounts with. Director of the company is normally required to provide personal ID as well.
Also keep an eye out for companies house docs, failing to respond those where applicable can result in a strike off. They then inform the bank and you can get frozen accounts and a dissolved company. For real stupid stuff like your company annual registration fee for £15 etc.


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