Some Things that You Should be Looking for in the 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 most excellent that you know about them more and what they offer beforehand. 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.
One important thing that you have to ensure is that the company or agent is registered with ACRA. Such association encourages the agents in that business formation industry to reach and maintain 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 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 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 those extra services like back office, accountancy and those company secretarial services and business plans after its 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 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.
Do they provide a free business consultation? There are some agents that are offering free one hour consultation after the formation in order to discuss the start-up tax as well as 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.