Asiabizservices Offers Affordable Singapore Incorporation Setup 

by Adrian Watson Monday, April 11, 2011
The company incorporation setup in Singapore involves two processes. First, the investors should register the company Name. Second, the incorporation procedure begins.

Asiabiz handles company setup in behalf of foreign companies and investors as they are not eligible to initiate the process unless they hold a Singapore Personal Access and NRIC.

Asiabiz also provides for free the name check service for the preliminary procedure.

“In our website, we allocated a webpage for an online application for a name check. Investors can give two proposed names for the company. We also require an e-mail address so we can get back to them to notify them of the results,” chimes Asiabiz’s business consultant.

Upon availability and conformity, the name can be reserved with ACRA for two months. The reservation can be extended following a formal request executed by the investor. Investors can also choose to register the name and be issued with a Certificate of Company Name via an e-mail by ACRA.

“The Certificate of Company Name is among the documents submitted to ACRA to commence with the incorporation procedure,” explains Asiabiz, “there is also the Memorandum and Articles of Association which contains the principal commercial activities of the company and the personal details of the individuals constituting the company.”

Based on the Companies Act, there ought to be a resident director, shareholder, and company secretary.

“The resident director shall be of ordinary residence like being a citizen or a permanent resident. It could also be a foreign national by virtue of an Employment pass or Entrepreneur pass,” explains Asiabiz.

Asiabiz offers a nominee director service to help investors proceed with the incorporation by complying with the requirement of a resident director. After the successful incorporation, Asiabiz shall process the application for the work visas.

“The directorship is then transferred from the nominee to the holder of the labor pass,” assures Asiabiz.

By being a creator of business solutions, Asiabiz also offers nominee shareholder for those who seek anonymity and company secretaryship.

“A nominee shareholder holds shares in trust for the investor incognito,” guarantees Asiabiz.

Meanwhile, Asiabiz is a practicing member of SAICSA and ICSA. It also specializes in accounting, virtual office, web hosting, and compliance with requirements such as obtaining business licenses and permits and filing of annual returns.

For more information, visit:
Asiabiz Services Pte Ltd (see location map)
120 Telok Ayer Street
Singapore 068589
Phone: (+65) 6303 4614
Fax: (+65) 6303 2670

Singapore Company Formation Service, We provide company registration, incorporation, immigration, accounting and taxation services to entrepreneurs and businesses worldwide

0    submitted by Adrian Watson
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