Every smart businessman of now days believes in the outsourcing of services. He outsources the services which could not be managed in-house or would cost very much to him. These services are essential for the growth of the company. Hence, it becomes inevitable to hire these services. These services which are beneficial for the growth of the company are collectively known as Corporate Services.
Types of corporate services
- Business advisory services: As the name suggests, these are the services which are provided to the company after going through the structure of the company and there, modus operandi. These services could be related to the field of marketing, legal services, customer care or raw material purchase. These services are given to the business owner in terms of advice to him. As to improve the services by making the necessary change in the services.
- Registered agent: A registered agent is a person or the business organization designated by the company to receive the service of process when the company is under legal action.He performs various functions under his profile of registered agent.
- Finance and banking: These are the essential corporate services provided by the professional to the company. Under these services, it provides the expert opinion as for how to manage the finance of the company. It may help in opening a corporate account of the company.
- Account and tax services: these services maintain the essential documents which the company may be supposed to produce before regulatory bodies like payroll, cash book, tax return, tax planning and corporate tax.
There are many companies who work as Corporate Services Company which provide corporate services to the businessman and small companies as these services are essential for the running of the company. It creates a win-win situation for both the parties.