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 most excellent that you know about them more and what they offer beforehand. Such are the important things which you need to consider when selecting that company formation agent so that you can ensure that you can get a complete and professional service.
One important thing that you have to ensure is that the company or agent is registered with ACRA. This association would encourage the agents in the business formation industry to reach as well as maintain those high standards. Thus, when your formation is associated with the ACRA, then you can have a great quality and more reliable service.
You should also be sure that they have a great level of such 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.
You must also find out if they have the services which you may require. You may have extra services like tax, accountancy, the back office services and the company secretarial services and also business plans after the 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.
Also, it is imperative that they are backed by such chartered accountants as well as advisers. When such formation agent is able to give you with an excellent accountancy service or professional tax advice or advice from the chartered accountant from that chartered tax adviser after formation, they would help you when the business grows and not just as you start 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 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 personal as well as business finances need to be separate. Such would mean that your new business will have a new bank account.