Make Money by Becoming a Company Formation Agent

2007-03-08 10:33:40

( Business )



As more and more companies are being established all around the world, being a company formation agent has never been more profitable. This is not really surprising as company formation or forming a corporation gives business owners the security that comes with these types of business entities. Limited company formations mean that the personal assets of the company owners will be safe from litigation and liquidation by banks, courts and lawyers.

If worse comes to worst, you may lose the company and file for bankruptcy. But your personal savings and assets such as your homes, your cars and your yacht will be safe.

Furthermore, forming a corporation means that the owners of the business get to pay lower taxes than those in the other business types. Medical expenses, new cars and traveling expenses could also be deducted from the taxable income of a corporation.

As a company formation agent, you will be assigned to assist business owners in company formation. Of course, to be one you must have an in depth knowledge on the basics of new company formation and limited company formations. You must be able to assist your client in acquiring all the requirements and documents needed for the application.

Of course, as there are different laws and requirements on company formation among the different states, you should also be aware of what to prepare, who to contact and what to present when forming a corporation for your client.

Visibility to clients is a very important aspect in being a company formation agent. By offering online company formation, you will be able to offer your service to more people in more locations all over the world. With the new marketing tools and options made available by the internet, you now have options for more cost-effective means of marketing your services.


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