Wait for first contract before forming a company?

[japp]

When you accept it tell them you will 'accept subject to contract review' and then get it off to QDOS for review. This can take up to 5 days so not only are you doing the right thing getting the contract reviewed but you also buy yourself a couple more days to get it sorted.

My accountant has suggested using QDOS for this, I wasn't sure as it obviously doesn't guarantee anything but you make a good point with regards to buying myself time.

Out of interest is this something you would do with each contract?

Just to add, I have just spoken to the agency and they have told me they will not even issue the contract to me without them having my account details - does this sound right to you guys?

Thanks for the help so far, friendly bunch round here.

[manubbo]

My accountant has suggested using QDOS for this, I wasn't sure as it obviously doesn't guarantee anything but you make a good point with regards to buying myself time.

Out of interest is this something you would do with each contract?

Just to add, I have just spoken to the agency and they have told me they will not even issue the contract to me without them having my account details - does this sound right to you guys?

Thanks for the help so far, friendly bunch round here.

I'm not an expert - but as for my experience you don't need bank details before you make your first invoice to the agency. I landed a first contract myself which will be starting in 10 days - and all my client needed is Company Name and Number. I'm chasing HSBC to get the account sorted ASAP but - again - my client told me only they needed it when I invoice.

[japp]

I'm not an expert - but as for my experience you don't need bank details before you make your first invoice to the agency. I landed a first contract myself which will be starting in 10 days - and all my client needed is Company Name and Number. I'm chasing HSBC to get the account sorted ASAP but - again - my client told me only they needed it when I invoice.

Yes, that was my thoughts too. I'm fairly confident I can have everything set up before I even set foot in the door but certainly not in one day, seems strange that they would withhold the contract for the sake of bank details when nothing can happen until I have seen the contract anyway.

All this added to the fact that I am coming from a permanent role and the client is happy to wait for me to serve my full notice if I cannot negotiate an earlier release, giving me ample time, makes their stance all the more frustrating

[CloudWalker]

Just had this from my Accountant

Your Cater Allen Application has been sent on the 19th June so should be received today. The application can take up to 21 days to be process and your business bank account opened.
If you have not heard back from Cater Allen within 14 days please feel free to contact me on the below number and I will contact Cater Allen for an update for you.

Something say I should have gone HSBC

[stek]

Just had this from my Accountant

Your Cater Allen Application has been sent on the 19th June so should be received today. The application can take up to 21 days to be process and your business bank account opened.
If you have not heard back from Cater Allen within 14 days please feel free to contact me on the below number and I will contact Cater Allen for an update for you.

Something say I should have gone HSBC

Think mine took about 3 days, who's your accountant?

[CloudWalker]

ClearSky but its all done now and Finally got my VAT registration... only took a month