5 Things to Look for in a Company Registration Service Provider
March 29, 2022
March 29, 2022
A company registration service provider plays a crucial role in achieving success for new businesses. You can achieve short- and long-term goals through a reliable provider that can help form your business. However, because many companies offer business supports in Singapore and all of them are vying for new clients, choosing the right one for your enterprise can leave you scratching your head. That is why finding the company registration service provider that matches your business needs is essential.
There are several key points to look out for before outsourcing a service provider. Aside from weighing which service provider to turn to and who their previous clients are, it would also be best to know how they will help set up and handle your business. Always keep in mind that not every corporate service provider will suit your business’s structure. Hence, before you hire a service provider to help with company registration, here is a list of things to remember:
Identify the Specialty of the Service Provider
A company specialising in the services that a business offers or the products they sell increases productivity and provides an advantage compared to a company that handles everything haphazardly. With this level of familiarity, business owners can focus on certain areas of the field they operate in and guarantee high-quality services. Based on your business, hire a company registration service provider who specialises in whatever you want to achieve.
Moreover, service providers also offer additional business support on top of company registration, such as corporate secretarial, accounting, and tax services, among others. In case you are considering many services at once, ensure that the service provider you work with offer these services under specialised departments.
Don’t Miss Out on Good Organisation
Although Singapore is one of the best places to start a business, challenges are still inevitable. Most of the time, the challenges come from the ever-changing laws and regulations over the business industry in the country. And it can be difficult to keep up, especially for a startup owner who is a newbie and has limited knowledge about the statutory requirements of Singapore.
A company registration service provider with a good organisation can easily find its way around the legal requirements and other paperwork. You can tell if a service provider has a well-organised company by assessing its inventory and interviewing the customer service department.
Do not hesitate to turn down an offer if you think a service provider is internally challenged based on your assessment. It will save you time and resources. Move on to finding another company registration service provider instead. For sure, you will find the best one for your enterprise if you know where to look.
Always Consider Reliable Communication
Forming a company in Singapore involves a lot of liaising works. A good deal of information is exchanged with the client during various transactions. And, sometimes, a corporate service provider has to confirm some details on behalf of the client. With good communication, it is easier to negotiate and ensure that goals are achieved.
As a client looking for reliable business support services, good communication should be something you should take a closer look at. Work with a service provider that has a customer care desk and an open communication channel to cater to customer concerns all the time.
In addition, effective communication helps foster a good relationship between a business owner and a service provider. Without proper communication skills, it leaves all parties involved unsatisfied and unaccomplished in doing their respective tasks. It is the last thing you want to happen as a startup trying to emerge in a business hub like Singapore.
Dig a Little Deeper into the Firm’s Reputation
Some of the best recommendations come from referrals, or what most of us know as word-of-mouth. What other businesses say about a service provider they worked with is the most honest marketing tool.
Before signing a contract, ask a service provider for a list of past clients. If you reach out to that reference list, past clients will tell you about their experiences. When it comes to finding the right corporate service provider for your business, leave no stone unturned and always conduct a thorough assessment.
Let Transparency and Assurance Seal the Deal
As a new business in Singapore, you should turn to a service provider with the intention to set up your business successfully. That is why is it vital that you outsource a company that is willing to be open about all the transactions and other processes they will take on to form your business. If a service provider does not do so, it is your wake-up call to discontinue working with them.
What makes an excellent service provider is their willingness to be transparent of their plans to help your business become its best version. Lack of transparency means lack of trust moving forward. And it would be best if you avoid this.
Working with a qualified service provider that matches the effort you need to register your company can give you an edge in achieving your business goals. More than that, your business ensures compliance with statutory regulations, which every business in Singapore needs to work towards corporate success and sustainability.
Get the Best Company Registration Services in Singapore from ContactOne!
Why choose ContactOne? As a country experiencing constant growth in businesses and startups, Singapore welcomes new investors who want to start their businesses. Although it has been said that Singapore is business-friendly, some things should be taken considered, too. ContactOne is well-aware of these things and ready to take on the job to help form your business.
We are approved by the Accounting and Corporate Regulatory Authority (ACRA). And that is how you know we guarantee the best results if we act on behalf of your business in company registration and secretarial lodgment needs. To know more about ContactOne and our services, call us on +65 6333 0633 or +65 8666 3633. We will get things done for your business on time!