This is nothing different from a document file, but you can work on it to publish on web directly as a web form template. This one is the latest feature of word. You have several integrated programs to improvise your templates in terms of visual appearance. You also have the option to work with the add_ons in MS word. If you work wisely, you can bring out a professional template all by yourself.
You can create professional looking web form templates, just clicking a few times on word. Couldn't believe, right? YES, you can use Microsoft word to create professional form templates for your site. Definitely, it will be a plain one, with no visual interfaces, but this will work like a professional form, trust me!