Things You Should Look for in a Business Formation Agent
There can be so many business formation agents which you will be able to find when you are going to set up a company through the help of such business formation agent. It is a great thing that you more about them first and the things that they are offering ahead of time. 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.
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.
You also have to be sure that they have a great 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 excellent email support, telephone support or live chat 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 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.
Will they give you 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. Such can be a fantastic way to know all you must know for starting up your business and get answers to the questions that you have and be sure that you are able to stay compliant with those 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.