What type of company??????? - HELP NEEDED!!!

[aakarim]

Hello All
I am an overseas national planning on setting up a company in UK. Basically I trade in used construction equipment (big really heavy machines) in UAE and would like to do some business in UK as well.

I wish to form a company. I have absolutely no clue as to what sort of company this is going to be: let me explain breifly:
1-It will involve selling and buying machines only.
2-One small yard for parking machines
3-And one director (me )

NOW: I have been contacting certain lawyers who have given me a quote of 30,000-50,000 pounds for a process of 3 months for getting the company formed. DOES IT REALLY TAKE THAT MUCH..???????????


secondly I was reading one of the company formation forum threads and I found out that forming a company is pretty simple and straight forward...but why is it soooooooooo simple in this website......???? , and why do the lawyers want so much money and time????

thirdly can some expert who has gone through all this kindly tell me how to proceed properly. I have all the info I need from Lawyers but I need to know from someone whos actually been through all this. This will help me from getting bitten from a place I might not have needed...

thanks alot

Karim

[privateeye]

speak to an accountant not a lawyer

[DaveB]

You dont need a lawyer, you need an accountant.

[simondolan]

Co formation

Got to Google and do a search on Company formation. You'll find hundreds of Companies offering to do this for you.

We do the formations too - £125 and takes about 3 hours before the Company is formed.

No idea where the lawyers get the £30,000 from though.

[meridian]

Now that you've armed yourself with the knowledge that it costs a minimal amount and takes only a day or so (if that) to set up a company, go back to those lawyers and clarify what the time and expense is for.

[bushface]

pounds, rupees or rubbles

There may be a communication issue between you and the lawyer.
The lwayer could be think of a different currency to the pounds.
£30,000 is too much.