Things You Should Look for in a Business Formation Agent
There can be a lot of business formation agents such as Panlegis that you can find out there as you would plan to set up a company with the help of the business formation agent. It would be very excellent that you know about them more and also what they offer in advance. These are the essential things that you need to check out if you are going to choose such company formation agent to ensure that you can have a professional as well as complete service.
The first thing which you need to make sure is that they should be registered with ACRA. This association would encourage the agents in the business formation industry to reach as well as maintain those high standards. Hence, when your formation agent is associated with ACRA, then you are surely more likely to get a quality and trustworthy service.
You also have to be sure that they have a great level of customer service. You must check if they have such fantastic level of customer support on many media in place since this is important in case you have questions on the formation process. They should have excellent email support, telephone support or live chat support.
Make sure that you are also able to find that agent with services that you need. You can have extra services such as accountancy, tax, back office services as well as company secretarial services and those business plans following the incorporation. Such could make it a lot easier for the company to have such necessary accounting systems in place from the formation of the company and may indicate a great level of business expertise from that agent.
Also, it is imperative that they are backed by such chartered accountants as well as advisers. When the formation agent can provide you with a great accountancy service or advice from such chartered accountant or the professional tax advice from such chartered tax adviser following formation, they can help you while the business would grow and not only when you are starting up.
Do they provide a free business consultation? There are agents that are providing free one hour consultation after such formation so that they can discuss the accounting obligations and start-up tax. This can be a great way to know all you should know to start your business and have answers to the questions which you have and make sure that you can stay compliant with the company laws as well as regulations.
The business and personal finances should be separate. Such would mean that your new business will have a new bank account.