ENTREPRENEURSHIP / JAN. 26, 2015
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Why Deal With a Corporate Services Firm When Registering a Company?

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This article is brought to you by DeltaQuest Group, a leading global corporate services firm specializing in company formation, bank account opening, financial licensing, tax planning and business administration. 

Global markets and economies have become so complex nowadays that someone wishing to register a company needs to enlist the professional guidance from a corporate services firm. It’s risky to carry the burden of forming and registering a company yourself, without proper guidance and direction. Professional corporate services firms understand your needs and can offer you tailor-made solutions to bring the most efficient and cost-effective results. They have extensive business/industry expertise in different areas such as tax planning, legal advice, financial licensing, company formation, administration and so on.

The bureaucracy involved in registering a company is unavoidable no matter how uncomplicated the procedures are in a given location, so it is always advised to have experienced professionals assisting you.

Below, there are a few ways corporate services firms can help you when registering a company:

Choosing a Jurisdiction

Business consultancies are able to help you choose the right jurisdiction. They also assist in filling in and submitting relevant paperwork as well as handling relevant documentation as required by the regulatory authority of your favoured jurisdiction. They have the expertise to advise you on the legal requirements and give you the inside scoop on how to boost the profitability of your business in your chosen location.

Registering a Trademark

After choosing the right jurisdiction, you need a professional to assist you with various other administrative tasks. For example, it is vital to make sure that the name of your business is compatible with the laws governing company names in your preferred location. Professionals in corporate services firms can aid in ensuring that a selected company name does not breach trademark laws and is in line with government regulations.  

Applying to the registrar of companies

As soon as you ensure that your company name is available to use, the corporate professionals will then assist you in registering with the appropriate company registry of your preferred country. Specialist consultants are in a position to guide you throughout the registration process, and help you prepare necessary documentation such as the Memorandum of Association, Certificate of Incorporation, Articles of Association, Certificate of Good Standing etc.

Opening a bank account

Opening a bank account is a necessary step in order to operate a company either locally or internationally. Consulting a corporate services firm is the best way to go about opening a bank account quickly and to avoid the hassle associated with documentation and other tedious tasks. They can introduce you to a bank they believe is most suited to your needs, advise you on how to complete various application forms and literally help you every single step of the way until your bank account is opened.

Tax planning

When launching a company, taxation is one of the most important considerations. A corporate services firm can act as your trusted tax advisor focusing on streamlining your finances, enhancing your profitability; helping you to achieve maximum results.  They can advise you on how to minimise taxes and audit risk, suggest possible favourable locations to register your company in and prepare a tax strategy that will guarantee high levels of asset protection and maximum corporate tax reduction.

If you require assistance with any of the above-mentioned corporate services, then it is advised that you consult a reputable and experienced corporate services firm. DeltaQuest Group can provide you with confidential, valuable and reliable step by step guidance to help you meet your goals efficiently and cost effectively. 

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