Asiabiz Services Bestows Subsidiary Office Registration And Relocation 

By employing the professional services of Asiabiz, investors have the options of choosing several business packages. Among many others, Asiabiz offers relocation package with company registration.

by Ashley Varghese Tuesday, February 01, 2011
The manufacturing industry in Singapore is prolific. Its Economic Development Board projects that in the first quarter of 2011, output from this industry will increase. The biomedical manufacturing clique, for instance, is the most sanguine as 54% of the firms foresee a higher level of production in the first three months.

The pharmaceutical and medical technology segments within the biomedical clique envisage higher output with more demands. Foreign companies eye Singapore as their destination for expansion. By registering a subsidiary office, foreign investors can take advantage of the entrepreneurial landscape of the city-state.

“A subsidiary entity in Singapore can be owned and controlled by a foreign parent company,” remarks Asiabizservices, “nonetheless, it is regarded as a tax resident because local authorities covers a subsidiary with its own juridical personality. Hence, too, it qualifies for tax exemptions, incentives, and reliefs.”

In incorporating a subsidiary, a private limited structure is embraced. As such, a company secretary, resident director, and at least one shareholder is the minimum requirement to register a Singapore subsidiary company.

Asiabiz Services provides business solutions such as company registration. Singapore does not acquiesce that foreign individuals should incorporate a company on their own as they have to work on their eligibility at first.

By employing the professional services of Asiabiz, investors have the options of choosing several business packages. Among many others, Asiabiz offers relocation package with company registration.

“We process the application for an Employment pass for all foreign staff relocating to Singapore,” says Asiabiz. The firm adds: “These individuals may not necessarily have to come to Singapore early on as we can handle the registration while they stay overseas.”

After the passes are released, the registration can now commence. Comprising the documents are the Memorandum and Articles of Association which holds personal information about each directors, shareholders, and company secretary.

A foreign individual can hold appointment for a resident director as long as the individual is 21 years of age, of legal capacity, and not bankrupt and guilty of any crime.

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

0    submitted by Ashley Varghese
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