Incorporate Your Company and Move To Singapore in 3 Simple Steps with Asiabiz
Asiabiz is a business solutions creator. Besides the nominee services, it also specialize s in web hosting; providing name check service for free, and assistance in post-incorporation considerations.
by Ashley Varghese Thursday, April 21, 2011
“The Employment pass is designed exclusively for foreign professionals by education from tertiary level of learning institute,” quips Asiabiz.
To apply for this type of labor pass, one should be at least a Bachelor’s degree holder. Asiabiz can help investors settle in Singapore with their company in three simple steps.
“First, we have to use our nominee director service because only registered companies can apply for work visas,” explains Asiabiz, referring to the resident director that must be of ordinary residence.
In a private limited company, a resident director is among the requirements, along with at least one shareholder and a corporate secretary.
“The resident director is the head of the company in running the affairs. It is mostly occupied by the investor. To comply with all requirements, we also offer a nominee shareholder and corporate secretary,” chimes Asiabiz.
For the Employment pass company setup, the minimum paid up capital is S$1. There also ought to be a valid local business address during the registration. Asiabiz has a virtual office service that can furnish a local valid business address together with other features such as mail notification, mail forwarding, and meeting rooms, in case the investors cannot readily provide the address.
“After the company is registered, we process the application for an Employment pass,” Asiabiz elucidates.
The Employment pass is categorized based on the salary received by the holder.
“A Q1 pass is given to a foreign individual who shall receive a monthly salary of S$2,800, while P2 is for those whose monthly wages amount to S$4,000, and P1 is issued by the Ministry of Manpower if the monthly salary is S$8,000 and above,” Asiabiz states.
Upon release of the Employment pass, Asiabiz shall transfer the directorship to the foreign national. Besides the investor, any foreign national can also be appointed as the resident director.
Asiabiz is a business solutions creator. Besides the nominee services, it also specialize s in web hosting; providing name check service for free, and assistance in post-incorporation considerations such as obtaining business license and permit, and in complying with annual obligations with ACRA and IRAS.
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 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
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