Things You Should Look for in a 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. 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.
The first thing which you need to make sure is that they should be 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 a fantastic live chat support, email support or telephone support.
You must also find out if they have the services which you may require. You can have extra services such as accountancy, tax, back office services as well as company secretarial services and those business plans following the incorporation. This could make it much easier for the company to have the needed accounting systems in place from the company formation and can indicate an excellent level of business expertise from such 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.
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 with a new account in the bank.