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1st Formations vs MYCO Formations International
Compare suitability, cost model, commitment, eligibility, capabilities and limitations using the same verified product data.
| Comparison | 1st Formations | MYCO Formations International |
|---|---|---|
| Best for | Businesses wanting guided online incorporation | Non-UK residents who need a UK limited company plus enhanced documents and UK address services. |
| Cost | From £102.99 incl. £100 Companies House fee | £339.99 + VAT + £100 Companies House fee |
| Pricing basis | one-off formation package | One-off formation package |
| Commitment | One-off | One-off formation package with included services for the stated period; address services included for 12 months where specified. |
| Eligibility | Available to relevant UK business customers subject to the provider’s current eligibility and product terms. | MYCO states these packages are for LTD/LIMITED companies with ordinary shares. KYC/AML ID and proof-of-address checks apply. |
| Key capabilities | Online formation workflow · Optional address services · Digital company documents · Support resources | Limited company formation · Digital + printed incorporation documents · Printed share certificates · Certificate of Good Standing · Apostilled documents · Registered office, Director and business addresses for 12 months · Business/statutory mail handling · Parcel signing and meeting-room access |
| Reasons to consider | Straightforward setup route · Useful optional extras for some founders | Designed specifically for overseas founders establishing a UK company · Apostilled and printed documents included · Comprehensive UK address support for the first year · Combines formation and operational presence in one package |
| Things to check | Package extras can increase the total cost · You still need to understand your own legal and tax responsibilities | Much higher cost than UK-resident/basic packages · £100 Companies House fee is extra · £20 + VAT postal deposit required for business mail · Only LTD/LIMITED ordinary-share formations supported |
| Verified | 2026-09-02 | 2026-09-03 |
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