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 is a great thing that you more about them first and the things that they are offering ahead of time. 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.
One important thing that you have to ensure is that the company or agent is registered with ACRA. The association is going to encourage those agents in that business formation industry to reach as well as maintain a high standard. Hence, when your formation agent is associated with ACRA, then you are surely more likely to get a quality and trustworthy service.
Also, you must make sure that they have an excellent level of 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 a fantastic live chat support, email support or telephone support.
Make sure that you are also able to find that agent with services that you need. You can have those extra services like back office, accountancy and those company secretarial services and business plans after its incorporation. Such can surely make it a lot easier for the company to have the required accounting systems in place from such company formation and this would show a great level of business expertise from such formation agent.
It is also really important that they are backed by those chartered accountants and 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 is an excellent method to know all that you must know for starting the business and get answers to those questions that you have and be sure that you are able to stay compliant with such company laws and also regulations.
The business and personal finances should be separate. Such would mean that your new business will have a new bank account.