Today’s hyper-competitive world has made it far more difficult for entrepreneurs to set up their businesses, let alone become successful. It’s not enough to have a good product or amazing service – you also need to meet prerequisite standards before you’re even eligible to provide services to clients.
But with all the logistics required to set up a company, where will you find the time to work on your product? With limited time and resources at hand, you can either take off the major logistics or work on your brand – it’s impossible to do both.
The Cyprus-based company Obtained can assist with your company formation services. The “Obtained” specializes in connecting licensed entities that are seeking investments, mergers, or full acquisitions with potential investors or buyers.
Their main goal is to help new business owners and aspiring entrepreneurs by setting up everything they need to launch their companies. So, what can the “Obtained” offer you, and how will you benefit from these services? Let’s take a look.
Get Assistance With Choosing a Business Structure
As an agency that specializes in providing company formation services, “Obtained” can help you and your team choose an appropriate business structure for your new company.
Choosing the right one is a crucial decision that can go on to affect decisions regarding liability, taxes, and other aspects. Some of the common options include sole proprietorships, partnerships, corporations, LLCs, and nonprofit organizations.
The “Obtained” can assist you by explaining the benefits and drawbacks associated with each type of structure. Considering how they have plenty of expertise in the domain, they have the right skills to explain these variations, their respective tax obligations, and much more.
Incorporate Your Small Business
The “Obtained” helps with the registration with the state’s official regulators, which legitimizes your company as a legal entity. The process can be quite time-consuming, requiring you to fill out numerous documents, which help formalize the state of your company.
This can require making a bank account for your business and getting relevant tax information. If you’re starting a partnership with other members, agents at Obtained can help you understand concepts like partnership agreements, tax implications, and liability protections.
After that, the “Obtained” will assist you in incorporating your business so that the owners are separate from their business.
This helps keep your assets secure from liability.
Apply For Relevant Licenses and Certificates
When you’re launching a new company in a regulated industry, you can’t move forward until you have the relevant credentials. This involves meeting licensing and certification requirements, like a PSP Mauritius license.
Or, if you’re interested in dealing in currency, you may need to apply to license Forex. Crypto-based firms aren’t exempt from this either, as they’ll need to apply for certificates like a crypto license in Poland.
Keep in mind that meeting regulatory prerequisites isn’t just important to secure partnerships for Affiliate iGaming USA but to provide your services to the public in the first place.
Once you hire Obtained for their guidance, they can apply, along with the right documentation, on your behalf.
Set Up Your Payments System
As a new business, you’re bound to make certain bank purchases and transfers, whether you’re paying employees, wholesalers, or contractors. To allow seamless payments with ease, Obtained agents can set up a comprehensive payment rail designed to process both bank and EMI payments.
With the right infrastructure, your company can ensure the efficient and safe movement of money both nationally and internationally.
Even if you don’t intend to operate on an international scale yet, Obtained can ensure that the current system is scalable. That way, when it’s time for your business to expand, you don’t have to worry about investing in better technology.
Their team will set you up for success on a global scale with their forward-thinking solutions such as nominee services. And since they have expertise in various industries, they can provide the best guidance, too.
Bottom Line
All in all, hiring the team at Obtained will give you and your company a range of advantages in your preferred industry. One of the first ways they assist you is by helping you choose the right business structure for your company.
The second is that they handle all the tasks associated with incorporating your new business and making it a legal entity. The third is that they take on all the legwork of submitting applications for relevant certificates and licenses.
The fourth aspect is how they set up a proper payment rail so you can start receiving payments from customers, suppliers, and more. Thanks to their experience in different industries, they can set you up for national and international success.