Asiabizservices Provides Singapore Branch Office Setup Services 

Singapore is expected to help shape the global entrepreneurship agenda, thereby strengthening further the city-state’s position being an entrepreneurial city.

by Ashley Varghese Wednesday, November 24, 2010
Through its Action Community for Entrepreneurs, Singapore resolves to lead the world in promoting entrepreneurship and to raise awareness that the city-state nurtures its business environment and impressive entrepreneurship landscape to allow entrepreneurs to better connect to capital, talent, and the markets.

Singapore is expected to help shape the global entrepreneurship agenda, thereby strengthening further the city-state’s position being an entrepreneurial city.

For the entrepreneurs, expanding their business seems to be a lucrative concept. In Singapore, establishing a branch office is an effective move in making a business presence felt.

“Entrepreneurs can take advantage of Singapore’s business-conducive avenue by launching their products in our premises and reaching out directly to local agents, distributors, and markets,” says a representative of Asiabizservices, a leading business solutions company engaged in helping foreign investors set up a Singapore Branch Office.

The representative continues, saying, “a branch office can help boost the income system of the parent company by allowing different markets to try their niche.”

Before setting up however, Asiabizservices reminds investors that two staff members or officers of ordinary residence shall be appointed and who will act as agents of the branch office. They will be responsible for the business activities in Singapore.

An ordinary residence refers to being a Singaporean citizen, permanent resident or holder of a working visa, the Employment Pass. Should there be any other foreign staff member relocating to Singapore, a corresponding pass is a must.

Since it is a branch office, the name of business to be registered with ACRA must be the same with the parent company, although in a rare circumstance, a different name is approved. Depending on the constitution of the parent company, it decides on the number of shareholders a branch company should have and its activities, which are all specified on the Memorandum and Articles of Association.

After approval of a business name, Asiabizservices further continues, “included in the documents for submission are a statutory declaration by the officers of the branch office, a certified copy of its statutes and charter, and a list of directors detailing personal information like their nationality, identification number, passport number, and residential address.”

About the Publisher:

For many years, Asiabizservices has served the community by taking charge of Singapore company registration, incorporation of a company in Singapore, processing the necessary working visas of entrepreneurs or employees, and providing services such as accounting, secretarial and statutory compliance with certain requirements.

AsiaBiz is a company that provides Singapore Company Registration services to local and foreign entrepreneurs and investors and offer consultation regarding the immigration and taxation law, Singapore accounting services, Singapore Company Incorporation and book keeping requirements, and other compliance matters stated under the Singapore law.

For more information:
address: 120 Telok Ayer Street Singapore 068589
phone: +6563034614

0    submitted by Ashley Varghese
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