Asiabizservices Discusses On Singapore Business Name Registration Considerations 

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

by Harry Gallardo Tuesday, December 28, 2010
A holding company is not particular on how its business name impacts its consumers, after all, its main existence rests solely on acquiring and managing several companies. Generally, a holding company, once it acquired ownership of another company does not change the latter’s brand of niche.

On the other hand, retail businesses directly involved in trading with consumers must have a clever name. Something worth remembering and must clearly express the nature of its niche. Over time, a businessman’s reputation is represented by his or her brand. Most often than not, consumers choose a brand because of its name and the reputation attached to it.

Thus, when bought by another company or business firm, the new owner exercises wisdom by not changing the name of the brand knowing how hard the former owner must have labored to establish a good name and its valuable clientele. In the case of holding companies or non-retail firms, personal names or initials may suffice.

Some names are registered for trademarks, and violations thereof by other companies would result to legal proceedings. Thus, a businessman may do well making certain a proposed business name is unique, original, and does not infringe on registered trademarks.

“Investors must prepare a list of possible business names that they should attempt to register for approval,” reveals, a business specialist based in Singapore, “one by one, the names are submitted for evaluation by ACRA,” ensuring that the name does not resemble another company or that when commencing on its operations, is not mistaken for another.

Businesses belonging to the same sector should be stricter in choosing a name, taking into consideration that some synonyms like trading and enterprises, may be prohibited. For example, a proposed business name Blue Shark Trading may not be approved should Blue Shark Enterprises already exists and is registered with ACRA.

“A similar principle is applied to names with words re-arranged in an attempt to convey a different business entity but indirectly taking advantage of the reputation of another company from which the proposed name has been coined,” Asiabizservices continues, citing examples such as priceless and timeless treasures to treasures, timeless and priceless. Whereby, the former business name is definitely rejected.

Asiabizservices since its establishment has helped many businessmen, foreigners particularly, in checking the availability of their desired business name, as part of its company registration 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.

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 Harry Gallardo
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