Asiabizservices Explains Singapore Company Registrar 

Singapore Company Formation Service, We provide company registration,incorporation, immigration, accounting and taxation services to entrepreneurs and businesses worldwide.

by Charles Velson Thursday, November 25, 2010
The Accounting and Corporate Regulatory Authority [or ACRA] was formed on April 1, 2004 as a consequence of a merger between the Registry of Companies and Businesses [ or RCB] and the Public Accountant’s Board [or PAB].

Following such merger, ACRA shoulders the responsibilities from RCB and PAB, which among others, are to regulate the business entities and public accountants in Singapore and to facilitate the development of these business organizations and the profession in public accountancy.

Thus, ACRA, based on the information provided by Asiabizservices, a Singaporean-based company specializing on the registration of business enterprises in behalf of foreign entrepreneurs, renders an interactive and reliable regulatory avenue for businesses and public accountants.

“Its principal goal is to attain cooperation between regulating the public accountant’s performance in statutory audit and monitoring the corporate compliance with disclosure requirements.”

Asiabizservices adds that ACRA is responsible for administering a regulatory Acts such as the ACRA Act, Accountants Act, Business Registration Act, Companies Act, Limited Liability Partnerships Act, and the Limited Partnerships Act as amended on 2008.

Working closely with the government, ACRA is valued with its timely reports, recommendations and advisory on matters relating to registration and regulation of business organizations and public accountants.

Responsible for shaping the business environment in Singapore, ACRA provides and regulates archives of documents and information relevant to business enterprises and public accountants.

“It represents the government’s decision when it comes to public accountants and business registration and regulation,” Asiabizservices elaborates on the significant role of this government’s bureau, “raising public awareness whenever there are new business structures available, compliance requirements, and corporate governance practice is also its major task.”

“Our vision is to promote Singapore, a trusted and best place to do business,” beams a representative of Asiabizservices, “while we aim for producing a dynamic, innovative and dependable environment for entrepreneurs and public accountants.”

Making such mission into reality is by ensuring compliance with requirements in registering and running a business. For instance, foreign individuals seeking for business opportunities in Singapore can engage the professional services of corporate solution providers such as Asiabizservices in handling matters like the registration or incorporation of a business organization.

This is because in all business structures owned by foreign investors, there requires a local manager, a local resident director, or a local company secretary, who all must hold an ordinary residence in Singapore, unless they consider relocation. An ordinary residence refers to being a citizen or permanent resident of Singapore or possessing a working visa including the Dependent Pass.

“A dedicated and trusted Singapore registration firm can facilitate the above mentioned points in behalf of the foreigners who wish to form a Singapore company,” say Asiabizservices.

Asiabizservices believes in upholding the corporate values instrumental to making Singapore the best investment center.

Asiabizservices, since its establishment in 1995 has been adopting the same values such as integrity, alert and agile, collaborative, respect, and adding value to every service rendered.

About the Publisher:
For many years, Asiabizservices has served the community by taking charge of Singapore company registration, incorporation of a company, 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 registrar 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

Singapore Company Formation Service, We provide company registration,incorporation, immigration, accounting and taxation services to entrepreneurs and businesses worldwide.

General | Categories: financial, business
0    submitted by Charles Velson
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