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 would be very excellent that you know about them more and also what they offer in advance. 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.
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.
You also have to be sure that they have a great level of customer service. You need to check if they have a great level of customer support on a lot of media in place because such is really important when you have questions regarding 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. 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. 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 personal as well as business finances need to be separate. Such would mean that your new business will have with a new account in the bank.