WeForm Online company + account for less than 200?????

[belarus]

Has others noticed the AD below at the OCT
https://weformonline.com/ukcompanyandaccount/
UK LTD + Bank account for only 175€ - can it be true?

For me it sounds like a to good offer to be true otherwise a formation of UK LTD is only £1 so why not?

 

[Sols]

That looks like pretty normal pricing for UK companies if all you need is a‌ company and a helpful push with an application. The service provider often gets a kickback‍ or recurring commission from the bank/EMI that they refer the client to, so they usually⁠ earn more than 175 EUR revenue per sale.

It's a pretty good, mutually beneficial business⁤ model. One thing to look out for is that they recommend a bank that's actually⁣ a good fit for your business. But that's also in the service provider's best interest,⁢ to ensure they have recurring revenue.

 

[Compliance Circle]

As @Sols has mentioned, this is something in⁤ the very standard way of UK registered agents offering customers additional value, while making some⁣ easy commissions without too much effort.

Let's take Wise affiliate program as an example of⁢ what WeForm may offer (have no actual idea of which provider they use, but Wise︀ seems as a quite logical choice for UK non-resident to go for account opening): they︁ pay a minimum of 50 GBP for qualifying client acquired. Takes potential revenue up to︂ 230 EUR (or +35%).

 

[dany]

This is a good offer, is that what you say ?