subject: Ready Made Company Formation - Business Registration Services, Offshore Company Formation Services [print this page] Owning a Business in UK Becomes Easy With a Ready Made Company Formation
There are several things to be taken care of while establishing a new business in UK. Whether you want to set up a new company or purchase a ready made company depends on your requirements and preferences. It is a known fact that incorporating a company in UK is quite time consuming and laborious. If you want to set up a new company in UK, you need to purchase a location, be aware about various rules and regulations, hiring an agent who can fulfil all the formalities relating to the paper work required to incorporate a company in UK. Opting for ready made shelf company would free you from all these hassles and can be a great alternative to setting up a company in UK for your business to be successful.
What is a Ready Made Company?
A ready made company is that company which has all the documentation done under the name of an owner which is mostly the director of the firm. The same ownership gets transferred to you when you purchase the ready made company. There is no need to file different documents like memorandum of association as well as articles of association as the previous owner would have already taken care of all the formalities required to incorporate a company.
Why to Purchase a Ready Made Company?
A ready made company is a perfect way of expanding business worldwide.
The previous client base of the company you purchase gets directly transferred to your business. So, you dont have to build client base all over again and ensures best profit from day one itself.
Your business earns great reputation if the readymade company with best goodwill has been purchased. You dont have to build reputation of your company and wait till it gets developed amongst your customers.
A company formation agent always charges more for a new company setup rather than a ready made company formation in UK, as there are more formalities and hassles involved with the former rather than the latter.
Many business owners prefer to purchase readymade company in order to establish a business in UK, as it saves time and money both. It is a cost-effective and time saving manner to expand your business in UK. The ready made business venture has been proven to be profitable for those people who are lacking the time required to complete all the formalities for setting up a new company in UK. Although purchasing a ready made shelf company is beneficial, but still you need to ensure that you purchase the company with past history records otherwise your business may be a failure even before establishing it. Moreover, it saves you from different types of paper work as well as formalities because if you are purchasing a company working based on ethical values, then all the formalities relating incorporating company has been done in a proper manner. All you need to do is to transfer your ownership on the company you are buying with the help of a reliable company formation services provider in UK.