Some Things that You Should be Looking for in the Business Formation Agent
There can be several business formation agents like Panlegis that you will get to find out there when you are planning to set up a company through 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 that you have to ensure is that they must be registered with ACRA. Such association encourages the agents in that business formation industry to reach and maintain high standards. If your formation belongs to ACRA, then you can be guaranteed that you will have a reliable as well as quality service.
You should also be sure that they have a great level of such customer service. You have to check if they have an excellent level of customer support on several media in place since it is essential when you have those questions about such formation process. They should have excellent email support, telephone support or live chat support.
It is also very important that you know if they have such services you need. You can have those extra services like back office, accountancy and those company secretarial services and business plans after its 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 essential that they are really supported by the chartered accountants and those advisers. If the formation agent is able to provide you with an excellent accountancy service or advice from the chartered accountant or such professional tax advice from the chartered tax adviser after formation, then they may have you as the business grows and not just when you are starting up.
Will they give you free business consultation? There are those agents which offer free one hour consultation following the formation to be able to discuss such start-up tax and accounting obligations. 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. This means that your new business will have such a new bank account.
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