Asiabizservices Offers Free Singapore Company Business Name Check Services 

A company that helps foreign individual, entrepreneur or a business professional who wants to setup a Singapore company as an individual.

by Niles Neumann Monday, December 20, 2010
A business’ image is first established in its name. Most of the time, the name chosen for a business is critical to its success. Sometimes, customers make a quick assessment of a company’s capacity, trustworthiness, and competence based on its name. A business name can either invoke the interest of a client or send that client to a competitor.

A business name in Singapore is given much importance besides its impact on prospects. “It must be free from any violation of morals, ethics, and laws,” says Asiabizservices when asked about what a company name should be, “and does not bear any resemblance of another existing company.”

To understand what comprises “resemblance of another company,” the Business Registration Act provides guidance. Asiabizservices cites examples. “Some words must be disregarded such as ‘the’ as the first word of a name, ‘private or pte’, ‘sendirian or snd’, ‘limited or ltd’, ‘berhard’ or bhd’.”

In concluding a name, some words should also be avoided and these include ‘company, and company, corporation, incorporated, Asia, Asia Pacific, international, Singapore, South Asia, South East Asia, and worldwide.’

Names that are a plural form of another company are not accepted as well. Likewise, if a company name is likely to be mistaken for another that already exists, ACRA most likely will reject it. To demonstrate, Asiabizservices provides a few examples.

“A proposed company name ‘Blue Boutique’ is similar to ‘Blue Apparel’, ‘Blue Dress Shoppe’, and thus, be discarded,” Asiabizservices continues, adding that words such as “trading, trade, marketing, and enterprise are synonymous.” Thus, an investor must be careful in choosing a name involving marketing and trading.

Asiabizservices stresses that besides similarity, a name must not be undesirable. It shall not be identical to business names already reserved. ACRA allows an extension of the 30-day reservation period for names already approved, after submitting an official request to its office. Hence, unless the name has been removed from the reservation list, a business name for approval should not be alike.

ACRA also reserves the right to discard or approve a name. It has created a separate portal where investors can submit a proposed name.

“Clients may fill out an online form where they provide their contact details such as telephone number and e-mail address and two possible business names,” Asiabizservices explains how investors may take advantage of such free offer.

After checking, the clients, according to Asiabizservices, will be informed by an e-mail of the result. For many years, Asiabiz Services has been providing corporate solutions such as Singapore company name registration, nominee services for director, shareholders, and agents. It also offers accounting and secretarial services.

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.

Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions.

For more information visit:
AsiaBizServices PTE LTD
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 Niles Neumann
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