Premium Package

What you will Get

The ‘All Inclusive Formation Package’ is true to its name as it certainly includes all you would need to get your proposed company off ground. Everything in respect of the legal existence of your company and the operations of its business is provided for under this package. The package includes everything the privacy package has to offer such as providing intending Directors and Company Secretaries who would rather not have their private home addresses displayed on the public register of the Companies House and other private companies’ websites. The Package also includes the service address for up to 4 company officers and a registered office address. Everything the Digital and Print Package has is also on offer such as receiving the best of both digital and print technology. Documents such as Certificate of Incorporation, Memorandum and Articles of Association, Company Register of First Entries are sent digitally by email with PDF attachments and the print and bound copies through the post at a minimal cost.

In addition to the above, PAYE and VAT Registration with HMRC, Statutory Register Update Service and First Year Filing of the Confirmation Statement is provided.

Why you should choose this package…

Huge Savings

With ‘The All Inclusive Formation Package’ you receive a registered office address [Annual Cost £38.89 Plus VAT], a service address up to 4 Persons [Annual cost £25.89 Plus VAT per person], and a Business Address Service [Annual Cost £99.89 Plus VAT] for the first year at no additional cost. You also receive Statutory Registers Update Service [Annual Cost £99.89 Plus VAT], One-off VAT Registration at £39.89 Plus VAT and One-off PAYE Registration at £79.89 Plus VAT with First-year filing of Confirmation Statement at £34.89 Plus VAT.

The total actual cost for this package is £526.90 Plus VAT however you only have to pay £225.89 Plus VAT to access this service.

After 12 months at the point of renewal, you would have to pay for each service separately at the current rate.

Privacy and Service Address

The primary benefit of the All Inclusive formation package is the exclusiveness and confidentiality it offers to prospective directors and company secretaries. Your home address will not be on any public record and your need for privacy would be well respected. A service address would be allocated to you in place of your private home address.

Registered Office

The All inclusive Formation package comes with a registered office address service where you can receive official correspondence from Government bodies such as HMRC and Companies House.

Time

The All Inclusive Formation Package offers all the benefits of digital technology ensuring that you get your company incorporation documents within 3-6 hours of completing our Formation processes [sometimes this might be longer]. At the same time, you would receive neatly and cleverly bound print formation documents for your records and any special use through the post.

Cost

Having consideration for new businesses and their particular tight budget; the All Inclusive formation package though relatively cheap involves more cash outlay but is to be chosen if you require a one-stop solution for all your formation and statutory requirements in the running of the Company.

Simple

The All Inclusive Formation package takes away unnecessary, cumbersome and difficult processes of incorporating a company by doing all the hard work for you. Once you complete our formation processes you are not required to do anything more….

All Your Questions Answered

Company Limited By Shares Explained

A company limited by shares is an incorporated legal entity with a separate identity from those who own or run it. Small businesses often have the role of owner and manager in the same person or persons however in big corporate entities these roles are often resident in different persons. Directors are tasked with the function of managing the company owned by Shareholders. The concept of limited liability is foundational to our understanding of a company. A company is a separate legal entity and therefore can sue or be sued in law. The liability of the owners of the company also called ‘Shareholders’ is limited to the number of shares they own.

Essential Requirements in forming a Company?

The process of incorporating a company online is simple and straightforward. Documents, signatures and legal consultations are not required. To incorporate a company online you would need the following:

  • The Proposed Name of the Company to be incorporated. There are strict rules and regulations by Companies House in respect of acceptable names. You cannot use a name similar to that of an existing company neither can you reserve a company name for future use. The best way to ensure a company name becomes yours is by incorporating a company using that name.
  • The Names of the Directors and Shareholders. Often in small businesses, these roles exist in the same person.
  • Registered Office Address
  • Directors’ Service Address
  • Issuance of Shares [At least one share must be issued]

Money Laundering Requirements-Proof of ID?

Accountants, Estate Agents, Solicitors and other professionals including Formation Agents such as ourselves are required by the law-The Money Laundering and Terrorist Financing (Amendment) Regulations 2019 and previous Money Laundering Regulations to check proof of ID and Address. We carry out digital ID checks on our customers and most do not have to do anything else except complete the online formation forms. A very minute percentage of our customers may need to supply further information if they fail the digital ID tests or are not eligible for one.

Are there any other hidden cost incurred under ‘The Premium Package’?

The Premium Formation Package has no hidden costs. The cost of ‘The Premium Formation Package’ is as stated. We charge £350 Plus VAT for the package which includes the Companies House incorporation charge of £50, First Year Confirmation Statement Filing Fee £34, Financial Accounts £100,000 Maximum Turnover £350, Registered Office Address £85, Business Office Address £135, 2X Service Address £90, VAT Registration £85, PAYE Registration £75 . There are however renewal charges as stated elsewhere.

£399.99

Package Features

Private Company Limited By Shares

Email Copy of Certificate of Incorporation

Email Copy of Memorandum & Articles of Association

Email Copy of Share Certificate [s]

Email Copy of Company Register with First Entries

Companies House £50 Filing Fee Included

First Year Confirmation Statement £34 Filing Fee

Financial Accounts £100,000 Maximum Turnover £350

Registered Office Liverpool Address for 12 Months £85

Business Liverpool Address for 12 Months £135

2X Service Address 12 Months £90

VAT Registration £85

PAYE Registration £75

Introduction to In House Qualified Accountants

Need Assistance?

If you have any questions about our products and services, please don't hesitate to contact the Prime Formations team. We're here to assist you with any inquiries you may have.