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. Such association encourages the agents in that business formation industry to reach and maintain 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 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.
Make sure that you are also able to find that agent with services that you need. 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.
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.
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. This means that your new business will have such a new bank account.