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 which you need to make sure is that they should be registered with ACRA. This association would encourage the agents in the business formation industry to reach as well as maintain those high standards. Hence, when your formation agent is associated with ACRA, then you are surely more likely to get a quality and trustworthy service.
You should also be sure that they have a great level of such 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.
It is also very important that you know if they have such services you need. 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.
It is also really important that they are backed by those chartered accountants and 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.
Do they provide a 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 business and personal finances should be separate. This means that your new business will have such a new bank account.