Some Things that You Should be Looking for in the 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 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.
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. 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 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 must have a great email support, live chat 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 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 essential that they are really supported by the chartered accountants and those advisers. When the formation agent can provide you with a great accountancy service or advice from such chartered accountant or the professional tax advice from such chartered tax adviser following formation, they can help you while the business would grow and not only when you are starting 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. Such would mean that your new business will have a new bank account.