Why You Need Company Management Services
When you begin pursuing company registration in the UAE or anywhere else in the world, acquiring a licence is just the beginning. Many components go into successfully running a business, and with that are many administrative procedures to carry out, documents to sign and correspondence to look for as you need to stay up-to-date on your entity’s standing with your jurisdiction. And, if you’re a geographically-mobile professional, just like many of our clients, what’s the best way to handle it all no matter where you are in the world? Look no further than company management services. We’ll explain why your firm needs to add them to the operation of your enterprise, and the benefits it will bring.
But first, what is a managed service company?
A managed service company, known as an MSC, is a corporate entity type in the United Kingdom. According to the current legislation governing these entities that went into effect in the UK on 6 April 2007, it “...is a form of intermediary company through which workers provide their services to end clients. The definition of a MSC in the legislation encompasses both ‘composites’ and ‘managed personal service companies’.”
You may also hear the term managed service provider, or MSP, that most often comes up in the ICT context, that delivers regular service support on the premises of a client. While the term originated from discussing services that focus on devices or infrastructure, the current definition of MSP has now expanded to include a broader range of services.
Why enlist the help of a business services management company?
Now that we’ve covered some critical definitions, you may be wondering why company management services could bode well for your business. Unlike management consulting services that focus on improving a business’s performance, company management services get to the heart of what your enterprise needs to thrive. What are some of the benefits these services can offer you?
A virtual office when you need it
Company management services can provide you with the virtual office amenities you require. Perhaps you need a central location with the right address to attract clientele while staying within your budget. Or you want to establish a presence in a new area without the upfront cost of setting up a standalone office for a smaller operation. Company management services can grant you that flexibility.
If you need to hold a meeting, many spaces will also have these rooms available and include a set amount of open hours per month, and should you require more; you can buy additional hours on top of your standard rate.
A place to collect your correspondence
If you find yourself away from your office for long periods, enlisting company management services can ensure that you have a legal address where you can receive all parcels and post, as well as correspondence that requires a signature. Plus, if you need a courier to come, they will have someone available to receive it for you and store it until you can go and collect it.
A dedicated phone line and reception team
Firms that provide company management services often make a phone reception service available to clients who choose to purchase it. Their dedicated reception staff will operate the lines and respond with a company name and greeting during the designated business hours. Plus, if you are expecting faxes, they can create PDF files of those that come in and send them onto your preferred email address so you can stay up-to-date on phone calls and faxes that arrive at your hired corporate number.
Are you ready to hire company management services?
If you’re looking for help in operating your enterprise after initial company incorporation in the UAE, our dedicated staff at Europe Emirates Group in charge of company management services will be delighted to help. We’ll explain our three available Virtual Office packages that can help take some of the guesswork out of running your enterprise. Regardless of how many services you choose to contract, they can ensure you leave the day-to-day to us while you focus on running your business. Don’t hesitate to contact us.
CEO, Europe Emirates Group