Edgware, London -- (SBWIRE) -- 10/02/2010 -- Company formations have changed significantly over the years and with such moves as online filing and a direct gateway with Companies House the processes involved have been made quicker, easier and more efficient at a lower cost than ever before. A company can now be formed in a matter of hours for just £24.99. Although this process has become more efficient for Company Formation Agents the process can still be daunting for entrepreneurs looking to form a private limited company.

Wisteria Formations are dedicated to making the process of incorporating a company not only easier and more user friendly but more understandable from the perspective of an entrepreneur. An example of this already is Wisteria’s 10 easy steps to incorporate your company with a video guide and help just a phone call away.

Wisteria Formations is now addressing a major concern in the industry, ‘do people know what is expected of them before and after incorporating a limited company?’ It is important that individuals understand the information they will need to provide to form their company and have some guidance on what they need to do to get things off the ground.

In this new era of speed in forming companies it can lead to a lot of people rushing into the process without fully understanding it or knowing the requirements. This can lead to problems when initially registering a company or problems further down the line which could even lead to large fines and in some cases the company being struck off.

Andrew Millet, director of Wisteria Formations explains “The formation process has almost certainly become substantially more efficient over the years, however there are still some problems which can slow down the formation process namely caused by a lack of knowledge of factors such as the use of ‘sensitive words’ in a company name and not having all of the identification details of directors to hand. The Company Formation Checklist is most definitely a great asset to any potential entrepreneur looking to start up a limited company; it lists all the elements to consider pre and post formation and ranges from considerations such choosing a UK registered office address; to the need for registering for VAT and PAYE.”

Wisteria Formations believe this checklist will be hugely beneficial, making the process run smoother for both the Formation Agent and client but also allowing the client to make more informed decisions about setting up their limited company.

For more information in relation to company formations and professional services from Wisteria Formations, please visit http://www.wisteriaformations.co.uk. To download the Company Formation checklist follow the link here: http://www.wisteriaformations.co.uk/docs/CompanyFormationChecklist.pdf

Press Contact & Further Info:
Nick Tagg
Cavendish House, 369 Burnt Oak Broadway, Edgware, Middlesex HA8 5AW, UK

Tel: +44(0) 844 893 0808
Fax: +44(0) 20 8952 0150
Email: info@wisteriaformations.co.uk
Web: Company Formation

About Wisteria Formations
Wisteria formations is a leading online company formation agent, backed by Wisteria Chartered Accountants. Wisteria Formations provides fast and simple company formations for only £24.99. With everything set up online, you could have a limited company set up within 24 hours. In addition, Wisteria Formations offers registered office and professional company secretarial services. Please note that Wisteria Formations does comply with the Money Laundering Regulations and therefore clients are asked to provide the relevant evidence prior to submission to Companies House.

http://www.wisteriaformations.co.uk