EAPAC’s Guide to Choosing a Reputable Company Incorporation Firm

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More often than not, entrepreneurs don’t launch their business immediately and just start off by selling their products or services to their friends or relatives. And in their minds, starting their businesses as a sole proprietorship is basically the simplest, fastest, and easiest thing to do. But, there are times that business owners feel that they need more guidance as to what business entity to pursue, so they, later on, embark on a milestone such as incorporating their business.

Simply put, when you say that you want to incorporate your company, you would want to take on the process of properly, strategically, and legally defining your business (the way you want it to be). And as a matter of fact, there are numerous benefits that await business entities once they get incorporated, just like: personal asset protection, tax flexibility, name protection and credibility, perpetual existence, and deductible expenses, among others.

So in relation to what we have mentioned earlier, incorporating a business could entail stress and lots of work. But we here at Enterprise Assurance PAC, we say that incorporating your ‘dream company’ shouldn’t be a pain. There are lots of ways to make that process bearable, faster, and less agonizing. And one way you can surely do that is by choosing a reputable company formation or business incorporating firm.

If you’re now thinking how you would be able to do that, then don’t fret. We are here to help you. Your friendly and reliable experts here at EAPAC have come up with a guide to help you choose the company formation firm that will truly make the incorporation process a breeze.

As you do your homework or an extensive research on the companies that provide company incorporation services, we urge you to look for these 5 traits:

Honest and never deceptive

We’re pretty sure that when you go scout for the best professionals that would help incorporate your business, the very first thing that you’d want to know is their service fees and packages (if any). Hence, we want you to be vigilant about all the schemes that these companies might use to take advantage of you. Are all the fees (VAT and other government charges) included in the price they quoted you? Does their package seem too good to be true? And are you really sure they won’t charge you little-by-little in the future that you’d end up actually spending more than what you had planned? Ask these questions so you’ll know if that firm is honest about really helping your company grow or if they’re just out to get you.

Transparent and Experienced Professionals

Apart from learning about all their services, it also pays to know what kind of pros are working at their firm. Are their accountants, auditors, or legal professionals duly licensed or certified? How long have they been helping business owners set up their corporations in Singapore? Are they transparent enough to provide you with complete digital and hardcopy documents? We know that this should already go without saying, but we ought to include this one in the list as it’s a very crucial factor - you wouldn’t want to make the mistake of entrusting your company to the wrong people, right?

Digitally connected and technologically updated

At this day and age when almost everything can be done online, you’d have to make sure that the firm you’re choosing is complete and updated in terms of digital trends and technological advantages. Is their website secure? What software do they specifically use for their services? Are you sure all your confidential information is safe and secure in their system? Will you be able to get their help and support 24/7 regardless of where you are in the world? If you’d be able to verify these things with them, you’ll have a sense of security and confidence that the firm you’re choosing is the indeed the one that’s going to efficient work in incorporating your business.

Efficient and systematic

As your goal here is to save yourself from all the hassles of incorporating a business, it’s but obvious that you need to choose a company formation firm that provides a simpler, faster, and manageable incorporation process. If their processes or even their whole system is intuitive and systematic, you’re assured of a hassle-free and complication-free incorporation of your dear company. So with this, we strongly recommend that you make them explain to you in clear (jargon-free) and accommodating manner how their process is fast and easy (as almost all incorporation firms would claim that).

Has your best interest at heart

We know what you’re thinking now. We honestly understand that there’s really no concrete or solid basis as to how you could know right away if the company formation firm really has your best interest at heart. As experts in the industry, our advice is, you must trust your instincts (and most of the time even your first impression). As there are a lot of firms available that offer company incorporation services, it wouldn’t really hurt if you’d walk away immediately after getting a feeling that this certain company wouldn’t do you any good. Never let any bad hunch, negative vibe, or sketchy idea pass. It’s better to be sure, right? In other words, trust yourself in deciding whether or not that firm is really dedicated, passionate, and determined to provide you the best services. To aid further, here are some signs that’ll show the company is honest about helping you:

• Provides FREE advice regarding incorporation and even in other things that they know will be of help to you and your business.
• They are available almost any time to answer your concerns whether through the phone or online.
• They even assist you in finding other services you might need, if in case they do not offer it.
• They are proactive. They know what you’ll need or want even if you don’t (or just forgot) to ask about it.
• They provide solutions instead of more product/service offerings.
• They take time to get to know you better.
• Their goal is to build a long and lasting business relationship with you.

 As hiring an incorporation firm will help you maximize your chances of financial and operational success in the corporate world, it’s important to take the necessary precautions before actually deciding to work with one. Thus, just follow this guide we have given you and you’ll surely end up partnering with one of the best company formation specialists in the industry.

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Created on Dec 18th 2017 00:05. Viewed 727 times.

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