Proper Budgeting
When placing a budget, you need to consider the filing fees in addition to the company incorporation services cost. Filing fees vary and they may cost as much or even more than the incorporation service. Furthermore, you need to understand the entire scope of your needs and the price required for the service. In case you need a trademark to register or close an existing business, there are add-on services that may be able to offer favourable pricing that is required.
Customer Support Assessment
There are different means of communication. If you prefer email, other people may like the phone. You need to ensure that the company incorporation services provides a favourable support system. In the case of incorporating a business, you can assess customer support in terms of the amount of assistance gained from the sales department before making any purchase. Although, the sales department is not 100% indicative of the actual support you will receive. However, it is a better way to commence your decision-making process.
Understand your requirements
There are many structures required when incorporating a business. Some of them include:
- Private Limited Company (Pte Ltd)
- Public Limited Company
- Public Company limited by Guarantee
You also need to find out if you have any unique Articles of Incorporation for the business. If the requirements are very complicated, you may need to start hiring your business attorney to perform the incorporation for you. If you intend to do an online service, then you may need to consider the packages that each sells. Select from the package that best suits your business requirements.
Select a service that reviews your information
If you require an outsourced accounting services company to handle your online incorporation service, you may be provided with a series of questions. You can select a service that will review your answers thereby helping you to seek clarification if you have unclear information. Also, you can search for a service that is actively related to your incorporation. It may not be based on software that will spit out documents without any human review.
Consider the requirements of your company’s paperwork
Your incorporation will require paperwork processing. However, there may be annual filings and additional documentation. You need to ensure that the service that you select provides all the follow-up services that you may need in the future.
You only need to find the best option. Avoid the stress of performing rigorous accounting firm services by yourself because it is not efficient. We welcome you to discuss with us. If you require any assistance on accounting services in Singapore, feel free to drop us an email. We offer a free 30 minutes online consultation for us to understand your business requirements better.