Asiabizservices Offers Affordable Singapore Branch Office Setup 

As part of its virtual office services, Asiabiz can supply a valid local business address.

by Ashley Varghese Thursday, April 07, 2011
Foreign companies aspiring to have an extension in Singapore may register a branch office. As a business entity, a branch office functions as a helper of a foreign parent company. That is, it helps its mother company in its goals particularly in generating revenues.

In registering a branch, the foreign mother company’s name is used for registration, unless if the name violates the laws in Singapore or any trademarks or if it is identical to another business enterprise registered or reserved with ACRA.

“We offer a free Singapore company name check service to all businessmen,” says Asiabiz, a company based in Singapore offering profession business services for all companies, investors, and employees.

“We have an online application, where two proposed names can be submitted together with an e-mail address so we can get back to our clients after the name availability inquiry,” adds Asiabiz.

To register, the foreign companies should appoint at least two individuals as agents. On its own Memorandum and Articles of Association, it shall name the agents and directors including the local directors to be assigned in Singapore. The instrument shall also specify the local director’s powers and duties.

“Our nominee services include a nominee agent. It is engaged mostly to satisfy the requirement of having an agent as only a registered company or business can apply for work visas including the Employment pass for the agents,” Asiabiz elucidates.

The agents are instrumental in assisting the branch office in its administration. After the registration of the branch, Asiabiz shall process the application for the labor pass and transfer the position of an agent to the appointee. While the nominee agent service is valid, the agents can help in any way the branch may need.

Another requirement is the local business address. As part of its virtual office services, Asiabiz can supply a valid local business address.

“The business address is used to register the branch. It can also be used on business cards, letterheads, and all other official documents of the branch,” Asiabiz assures.

Other documents needed for registration are a certified copy of the Certificate of Incorporation or registration details of the foreign parent company, certified copy of the parent company’s statutes and charter, Memorandum of Appointment of the agents, Statutory Declaration by the agents of the branch, and Memorandum executed by the local directors.

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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