As business owners, we are always looking for new and improved ways to make our business better. In a highly competitive field, it is important that we do anything that we can, to help improve the chances of success. There are many companies out there that are providing the same products and services that you are, and so it’s best to make sure that everything is above board, and legal. One way to make sure that your company is a success, especially in the Asia region, is to have it registered with the local government. You want to make sure first of all, that the name of the company that you want to register, has not already been taken, and so it’s best to make sure that your company is registered as soon as possible, in case someone else takes the name.
If you are currently going through a company registration in Indonesia, then you’re doing the right thing to get your business off to a strong start. Some people think that it is an unnecessary procedure, but the benefits that come from company registration are many, and we will cover just a few of them here today.
- Helps build your reputation – Potential customers want to deal with a business that they can trust, and if your business isn’t registered, then they may be a bit reluctant to hand over the money. Once your business has been registered, it will be seen as a reputable organisation, and if you also decide to do business online, and enjoy the benefits of technology, then your customers can send funds into the company account, before you send out the goods that they have offered. It allows your customers to have more trust in your business, and allows you, to trust your customers.
- You get liability protection – Once your business has been registered as a limited liability company, then this separates you and your personal belongings, from that of the company. The company is now a legal entity that stands by itself, and so you cannot be held responsible for any liabilities, or debts that the company may incur. In the unlikely event that your company gets into difficulties, and you have to shut down, then the creditors can only sell what belongs to the company, and not what belongs to you.
- You can open a company account – This is essential if your business is to be a success. Your suppliers and any other business partners, as well as your customers, will want to do business with a credible company, and one that they can really trust. Opening up the corporate account in your company name, is the first step towards others trusting your business. For additional help on registering your business, talk to your local government.
As you can see, these are only three of the numerous benefits that you will get, from doing a company registration. In many cases, it is best to let the service provider do all of this for you, so you don’t have to deal with all of the paperwork, and all the stress.