Asiabizservices Discusses Form a Singapore Company Benefits
by Ashley Varghese Thursday, December 02, 2010
Singapore possesses high-end technology which is evident in its infrastructures, information and communication facilities, and transportation system. The city-state’s geographic location serves as a gateway to business opportunities in Asia and Pacific regions.
Its government devises programs ranging from financing to investment opportunities to assist small and medium-sized entrepreneurs meet their financial requirements.
As an example, the government through a policy makes it easy for individuals or entrepreneurs to avail products provided by local and foreign banks, in the form of loan, transactional or investment products or services.
Within the range of loan products are personal loans specifying overdraft facilities, housing and vehicle loans. Meanwhile, the investment products in Singapore include structured deposits, investment-linked insurance, and unit trusts among others.
During a conversation with a business consultant of Asiabizservices, a company based in Singapore to provide professional services to companies foreign and local, a clearer picture is conveyed in terms of company benefits.
“Companies and business firms have easy access to comprehensive financing options relative to their business life cycle,” Asiabizservices is quoted, “many financial institutions provide customized products and services for business start-up, thereby, helping them establish a business by availing financing facilities like working capital and trade and assets.”
Medium-sized enterprises or any company that experience growth may enjoy continued support from financial institutions through a more comprehensive range of products and services such as listing service, syndicated loans, and advisory on mergers and acquisitions, to name a few.
Governments, too, are directly involved in providing assistance schemes geared towards supporting local enterprises attain their business goals.
“There are also specialized financial and non-financial arrangements offered to local enterprises to power up their growth,” Asiabizservices added referring to loan insurance, local enterprise financing, and financing of enterprises seeking for international market participation for financial scheme.
The said financial schemes are initiated by the government agencies like SPRING Singapore and IE Singapore channelled through participating financial institutions.
For 5 consecutive years, Singapore claims the first spot in Ease of Doing Business survey that canvassed 183 economies and which was administered by the financial arm of World Bank, the International Finance Corporation.
For many years, Asiabizservices has been influential in helping entrepreneurs and investors form a Singapore company.
About the Publisher:
For many years, Asiabizservices has served the community by taking charge of Singapore company incorporation, 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, book keeping requirements and other compliance matters stated under the Singapore law.
For more information:
Address: 120 Telok Ayer Street Singapore 068589
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