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. These are the important things that you must check out when you would choose that company formation agent to be sure that you will have such professional and also complete service.
The first thing that you have to ensure is that they must be 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 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. 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.
Are they giving free business consultation? There are some agents that are offering free one hour consultation after the formation in order to discuss the start-up tax as well as 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.