There are many benefits to hiring your own private company transfer agent for your stock transfer needs. You will have access to a unique platform that offers you significant cost savings when compared to fees charged by big bank firms and attorneys. Not only will you save money, you will also benefit from services offered by transfer agents that have extensive experience handling stocks. When you use their services, you can relax knowing that your stock transfers are in the right hands.
Enjoy the Cost Savings
Perhaps you don’t need to use all of the services offered by an expert transfer agent. That’s why it’s important to use a company that can offer you a la cart options so that you only pay for the services that you actually use. This can save your company business in the long run especially when there are no hidden fees attached.
Never Lose Stock Certificates Again
Transfer agents for private companies that use a streamlined book-entry electronic system to issue paperless stock electronic certificates keep you from losing stock certificates. Their system eliminates the need for paper certificates that can otherwise be misplaced. Essentially their services keep you from dealing with storage and shipping fees, as well.
Utilize the Legal Expertise of the Professionals
When you have a transfer agent team supporting your stock transfers you’ll be getting the guidance you need in the proficiency that’s required. They can advise you concerning the standard Uniform Commercial Code stock transfer rules as well as the IRS cost basis. The professionals have the experience to handle your stock transfers since they have worked with many private companies and have good relations with them. Let their expertise work for you so that you can network and broaden regulatory compliance and a smooth transition in regards maintaining private company records, or taking your company public. For more information visit Colonial Stock Transfer Company.