Asiabizservices Provides Company Setup Services 

Asiabiz Services catalogues company setup services as among its specializations. Included in such service are the nominee services, pre-incorporation and post-incorporation assistance.

by Ashley Varghese Monday, March 21, 2011
Besides earning the first ranking in Ease of Doing Business 2011 by the International Finance Corporation of World Bank, Singapore is also named as the greenest city in Asia by Siemens Green City Index.

Asiabiz Services catalogues company setup services as among its specializations. Included in such service are the nominee services, pre-incorporation and post-incorporation assistance.

“In the pre-incorporation requirement, we perform the company name check availability and conformity task as the requisite of the name registration, which in turn is the preliminary stage in company registration,” explains Asiabiz Services.

Upon the availability of a company name, Asiabiz may upon instruction from investor reserve or register such name with ACRA. The reservation period holds valid for two months and can be extended following an official request by the investor.

Asiabiz offers nominee director and nominee shareholder as among the pre-incorporation requirements.

“According to Singapore Companies Act, a resident director holds ordinary residence, which means he should come from the locals or permanent residents or he should have an Employment pass or Entrepreneur pass should he be of foreign nationality,” adds Asiabiz.

Before a foreign investor is appointed as the resident director by virtue of a labor pass, a company must first be registered because only companies can apply for a work visa. Thus for a company to pursue with registration, it may do well by engaging the nominee director service.

“After the registration, Asiabiz shall process the Employment pass for the investor so he can occupy the resident director’s position,” says Asiabiz.

Meanwhile, a shareholder must also be present during the registration. For the reason of maintaining anonymous identity, many investors find the nominee shareholder service to be very beneficial.

Asiabiz continues: “A nominee shareholder holds shares in trust in behalf of the beneficial investor. All the decisions are sourced from the investor incognito.”

By being a practicing member of SAICSA, Asiabiz acts as the chartered secretary of most companies it has previously assisted.

Moving on, after the registration, companies must open corporate bank accounts from any local banks. Asiabiz can assist companies by providing them with information such as the requirements and facilities available of each bank in Singapore.

“As per request, we can also accompany investors to the bank for the opening of corporate bank accounts,” assures Asiabiz. Besides the accounts, every company ought to secure a necessary business license or permit commensurate to the nature of activities it maintains.

“In every business license required, we offer our assistance. A license and permit can have many requirements and each requirement is a tedious task. Our services are for the convenience of businessmen,” concludes Asiabiz.

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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