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. 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 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. Thus, when your formation is associated with the ACRA, then you can have a great quality and more reliable 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 may have extra services like tax, accountancy, the back office services and the company secretarial services and also business plans after 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. 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 agents that are providing free one hour consultation after such formation so that they can discuss the accounting obligations and start-up tax. 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.
Such personal and business finances should be kept separate. Such would mean that your new business will have with a new account in the bank.