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 would be very excellent that you know about them more and also what they offer in advance. 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. Hence, when your formation agent is associated with ACRA, then you are surely more likely to get a quality and trustworthy 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 excellent email support, telephone support or live chat 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. 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.
Will they give you 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 personal as well as business finances need to be separate. This means that your new business will have such a new bank account.