Privately held firms should consider the services of a Private Company Transfer Agent. Transfer agent services are essential for private organizations that have more than ten shareholders. These services are not costly. Companies should not shy off from acquiring these vital services.
Using the services of a transfer agent is a no-brainer. This is because they are cheap, and also, firms don’t have to deal with the burden of regulatory compliance. Private companies don’t have to worry about IRS, cost basis, SEC and OFAC rules, among others.
A Private Company Transfer Agent provides reliable cap table management tools compared to all other DIY software’s.
Merits of Using the Services of a Transfer Agent?
Transfer Agents use electronic systems instead of papers when issuing stock certificates. This eliminates cases of lost certificates, storage issues and shipping fees.
Transfer agent services offer reduced pricing but with the same remarkable online tools. Also, their fully integrated and dedicated team is ever ready to assist with all the cap table needs that a company may require.
Transfer agent services provide all the legal guidance when handling your transactions with all the proficiency required.
Transfer agent services have a public company team of professionals who can assist private companies by preparing the firm’s records and submit the items and applications needed for the transition. This information is sent to the NYSE, NASDAQ or OTC exchanges.
EquityTrack is a stock transfer agent. They update cap tables for private and public companies. For more information and bookings, contact them at https://www.equitytrack.co/.
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