Asiabiz Setup Assists In Singapore Company Incorporation And Employment Pass Application
Professional business registration specialist Asiabiz Setup assists foreign companies establish a business
presence in Singapore, Ease of Doing Business’s winner for easiest place to do business in 2011 survey of
World Bank’s financial arm, International Finance Corporation.
ACRA, Singapore’s Company Registrar and national governing body of business organizations, prescribes on its
website that only those who are in possession of a Singapore Personal Access can transact with government’s
agencies, particularly, BizFile, its own creation exclusive for company registration and other related matters.
“Foreigners must hire a professional firm like ours to spearhead with the company incorporation,” elucidates Raj
Beng, one of Asiabiz Setup’s business consultants.
She adds: “we are a one-stop shop where everything you need is here. For instance, among the requisites of
forming a private limited corporation is the presence of a resident director that should be of ordinary residence.”
An ordinary residence refers to being a citizen or permanent resident of Singapore. Foreigners holding an
Employment pass are rendered eligible for appointment of a resident director.
In engaging Asiabiz’s company registration service, it lends it nominee director service temporarily until the
incorporation is successful, and until the necessary Employment pass is released by the Ministry of Manpower. It
can also be on a long-term basis.
Besides the resident director, there must also be at least one shareholder and a company secretary. ACRA
requires the submission of Memorandum and Articles of Association among the documents. Indicated on the
MAA are personal details of every director, shareholder, and secretary of the company.
“It shall issue an e-Certificate of Incorporation to the registering company, and Business Registration Number
which shall be emblazoned on the official documents of the company,” utters Raj.
After the incorporation, Asiabiz shall process the Employment pass application for all foreign staffs relocating to
Singapore, and including the resident director. Depending on the qualifications such as relevant experience,
educational qualifications, skills, and salary, a Q1, P1, or P2 may be issued.
“Upon release of the Employment pass, Asiabiz shall transfer the directorship from the nominee to the
appointed,” says Beng concluding the procedure.
Asiabiz Setup is a business solutions maker and innovator. Among its specializations are immigration, nominee
services, accounting and bookkeeping, website hosting, and chartered secretaryship.
About the Publisher:
For many years, Asiabizsetup has served the community by taking charge of Singapore company
incorporation, Singapore company registration and processing the necessary working visas of
entrepreneurs or employees, and providing services such as accounting, secretarial and statutory compliance
with certain requirements.
AsiaBiz is a company that provides Singapore company setup services to local and foreign
entrepreneurs and investors and offer consultation regarding the immigration and taxation law, Singapore
accounting services, book keeping requirements, and other compliance matters stated under the Singapore
law. The company has successfully helped thousands of both local and foreign entrepreneurs form a
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:
AsiaBizSetup PTE LTD
address: 120 Telok Ayer Street Singapore 068589
phone: (65) 62426533