"Unlike other formation agents, GoLimited.co is not a money-making exercise – we don’t offer any “premium” packages or add-ons, and only charge £4.50, making your incorporation VAT-exempt. As more people incorporate our costs will go down, and so will the price. Our service has proven so popular that the price has already fallen from £14. We just want people to incorporate quickly and easily – and if you decide you want to sign up with Crunch afterwards, that’s great! If not, no sweat – we’re not going to pester you."
The former has become so complex and time consuming that I opt for using services to do the job for me, whilst I concentrate on making a living. (or at least I hope to when and if I decide to go Freelance 100% of the time) It's much easier to have professional bureaucrats handle the bureaucracy than learn how to do it myself.
That being said I'll never do something without a bit of research, and the more transparent the service is the better. Communicating in simple terms what's being done with my information is important.
Your accountant will also be able to advise you on company structure, and most importantly some of the significant tax savings you can make when incorporating:
http://www.rossmartin.co.uk/index.php/incorporation/607-good...
You can basically sell any assets (including 'goodwill' which is the valuation of the business over and above its assets) from the sole trader to the Ltd Co.
This is a great way of removing money from the company at 10% (CGT Entrepreneur's rate) rather than your income tax rate)
