Asiabiz Offers Singapore Company Incorporation Packages 

Foreign entrepreneurs and companies are directed by laws in Singapore to engage the services of professional associations or firms to help them attain their objectives.

by Ashley Varghese Wednesday, March 09, 2011
Companies can be incorporated in Singapore in different ways. Investors can incorporate a private limited company, sole proprietorship, partnership, or limited liability partnerships. Foreign companies too can locally incorporate a subsidiary or register a branch or representative offices.

Foreign entrepreneurs and companies are directed by laws in Singapore to engage the services of professional associations or firms to help them attain their objectives.

Relative to a businessman’s needs, Asiabiz Services offers a few company incorporation packages.

“In a private limited company, we lead the registration with ACRA. We offer relocation and non-relocation packages,” says one of its business consultants.

In a relocation package, Asiabiz Services shall lend its nominee director services for the purpose of satisfying the requirement of a local director. After incorporation, it shall take care of the application for a labor pass.

“The labor pass can be an Employment if the investor has earned a Bachelor’s degree or an Entrepreneur pass if he has almost.”

In the latter choice, a 10-page business proposal and minimum capital amounting to S$50,000 are necessary.

Asiabiz continues: “After the labor pass is approved and claimed, Asiabiz shall transfer the directorship to the appointee.”

Meanwhile, in a non-relocation package, the nominee director service is engaged in a long term.

“The resident director is deemed as the head of the company exercising executive powers. However, in a nominee director, only the name is lent. The beneficiary investor maintains full authority. Thus, he can still run the company in Singapore while staying offshore. By virtue of a long-term visitation pass, he can stay in the vicinity to attend to his business,” adds Asiabiz.

In sole proprietorship, partnership, and limited liability partnership owned by foreign individuals, a local manager must be appointed.

Asiabiz elucidates further: “Asiabiz assists foreign businessmen in seeking prior approval from the Ministry in case any of its foreign partners aspires to be the local manager in Singapore. Upon approval, it can also process the application for the necessary labor pass.”

Moving on, foreign companies can establish a subsidiary, branch, or representative office relative to their business goals.

Says Asiabiz: “Besides director and shareholder, we also offer nominee agent for a branch until the foreign companies have found the ideal candidate and have been issued with the labor pass.”

In post-registration of companies, businessmen may benefit should they continue to engage the solutions offered by Asiabiz.

After registration, a business may have to secure business license and permits essential in a business.

Asiabiz assures that when availed of its expertise, each requirement is satisfied. Also, it provides business process to small and medium-scale business such as payroll management and accounting services.

About the Publisher:

Asiabizservices offers one-stop business solutions to companies, particularly, those that are managed and owned by foreign investors. Since its inception, Asiabizservices has successfully helped foreign entrepreneurs form a Singapore company. Among its specializations are Singapore company setup, corporate services, accounting services, nominee services, company registration, whether as a sole proprietorship, private limited, limited liability partnership; offshore company formation, incorporation of foreign companies either as a branch or subsidiary office, accounting services including payroll preparation and more.

Asiabizservices is the leading provider of Singapore Company Incorporation services and has successfully helped thousands of both local and foreign entrepreneurs incorporate a Singapore Company. It also provides chartered secretarial services.

For more information visit:

AsiaBizServices PTE LTD
Address: 120 Telok Ayer Street Singapore 068589
Phone: +6563034614

0    submitted by Ashley Varghese
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