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Comparison of different methods of incorporation

  • At-a-glance comparison table
  • Compares costs and typical time for processing your application via different methods
  • Clear and easy to understand
Free

There are various methods for incorporating a company in the UK. Applications can be made online, on paper, or via a formation agent or solicitor. Certain methods will also simultaneously register you with HMRC for corporation tax and PAYE.

This table provides a handy single-page comparison of the different methods of incorporation, including information of the costs associated with each method, and how long it will take for your company to be incorporated.

You can also get this document as part of the Starting a company toolkit.

Q&A

  • When should I use this document?

    Use this guide for an at-a-glance comparison of the different ways a company can be incorporated and the cost involved.

  • What does this document cover?

    The table compares the cost and processing time of incorporating by the following methods:

    • online including registration with HMRC;
    • online basic service (without HMRC registration);
    • hard-copy form by post;
    • hard-copy form via the ‘same-day’ service;
    • by using a company formation agent; and
    • by using a solicitor.

    The table also sets out who will need to complete and sign off on your form/application for each method.

  • Why do I need this document?

    This document is a useful way of comparing the different ways of incorporating a company, to identify which is most suited to your business.

  • Where can I find out more?

    For detailed guidance on the process for starting a company, see Setting up a new company.

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