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.
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. 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.
It is also very important that you know if they have such services you need. You may have extra services like tax, accountancy, the back office services and the company secretarial services and also business plans after 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 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.
The business and personal finances should be separate. Such would mean that your new business will have a new bank account.