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 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. If your formation belongs to ACRA, then you can be guaranteed that you will have a reliable as well as quality 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 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 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.
Are they giving 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 personal as well as business finances need to be separate. This means that your new business will have such a new bank account.