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 most excellent that you know about them more and what they offer beforehand. 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. This association would encourage the agents in the business formation industry to reach as well as maintain those high standards. If your formation belongs to ACRA, then you can be guaranteed that you will have a reliable as well as quality service.
You also have to be sure that they have a great level of customer service. You need to check if they have a great level of customer support on a lot of media in place because such is really important when you have questions regarding the formation process. They must have a great email support, live chat support or telephone support.
Make sure that you are also able to find that agent with services that 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. 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. When the formation agent can provide you with a great accountancy service or advice from such chartered accountant or the professional tax advice from such chartered tax adviser following formation, they can help you while the business would grow and not only when you are starting up.
Are they giving 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. Such would mean that your new business will have a new bank account.