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Registering a Company: Engaging a Professional Company Formation Agent like Coddan or jumping the hoops of doing it yourself?

21/05/2024

While registering a company yourself may seem like a cost-effective solution, there are certain advantages to using a professional company formation agent. Let's explore these options and look at pros and cons of both with a focus on the services provided by CODDAN CPM.

When starting a new business, one of the crucial decisions you will need to make is whether to register the company yourself or enlist the services of a company formation agent like Coddan CPM. There are pros and cons to each, throughout this post we will explore all aspects of both means of registration providing you with a clearer picture so that you can make an informed decision on what road you wish to choose when it comes to your company formation.

Registering a Company Yourself:

Cost Savings: DIY registration eliminates the need to pay fees to a company formation agent to register your company, thus saving you those pennies. Additionally, by bypassing agent fees, you reclaim control over your budget. But beware of the costly mistakes that arise with a lack of experience and without a safety net of an agent’s expertise to fall back onto.

Control and Flexibility: When you register a company yourself you gain full control over the process i.e. Name, structure, and other details without any external influence, the new company is yours to shape without any without any external influence. This level of control and flexibility may be appealing to some entrepreneurs who have a clear vision of how they want to structure their business.

Learning Experience: Registering a company by yourself doubles as a crash course in business basics and can be a valuable learning experience, the entire process allows you to gain a deeper understanding of the legal and administrative requirements involved in company formation. Thus, giving you skills and knowledge that can be beneficial for future business endeavours.

Using a Company Formation Agent like Coddan CPM:

Expertise and Knowledge: One of the significant advantages of using a company formation agent like Coddan CPM is our expertise and knowledge in the field.

Our team professionals are well-versed in the legal and administrative aspects of company formation. With their expertise, you're guaranteed a smooth sail through the registration storm.

Our company formation guidance ensures that you comply with all the necessary regulations and avoid costly mistakes.

Tailored Services: Coddan CPM doesn't do one-size-fits-all. We pride ourselves on our tailored packages to fit your unique needs. Whether it's a limited company, partnership, or sole trader setup, with prices starting from as little as £64.99, there's a company registration package option available for any budget and any business size.

Coddan CPM can provide the necessary services and support to simplify the process.

Streamlined Documentation and Filing: To form a new company a significant amount of documentation and filing is involved in the process, Coddan CPM jumps will assist with all those document handling and filings, assist with the necessary paperwork, ensuring that all the required documents are accurately completed and submitted on time. This streamlines the process and reduces the risk of errors or omissions.

Registered Office and Company Secretarial Services: Need a registered office address or company secretarial services? Coddan CPM offers these additional services such as the registered office address and company secretarial services you may be looking for. As it is a legal requirement to have a registered office address, at Coddan we will provide a prestigious address for your company ensuring your company complies with all legal obligations and maintains good corporate governance.

Ongoing Support and Compliance: Company formation is just the beginning of your business journey- Coddan CPM provides ongoing support and advice to help you stay compliant with legal and regulatory requirements. We assist with your annual filings along with administrative tasks giving you that freedom to simply focus on growing your business.

To Conclude

Deciding how to register your company, with an agent or by yourself depends entirely on your specific needs, resources, and level of expertise.

While DIY registration may save costs and provide control, it also comes with the risk of errors and is a time-consuming processes. On the other hand, using a company formation agent offers know-how, time efficiency, and peace of mind. By outsourcing the registration process to Coddan CPM, you can ensure compliance with legal requirements and focus on the growth and success of your business.

Ready to embark on your company formation journey? reach out to Coddan CPM today to explore our services and benefit from our knowledge. We can provide personalised guidance, streamline the registration process, and offer ongoing support to set you on the path to a successful business venture. Visit our website for more information and to discover our range of company formation services.