Asiabizservices Provides Singapore Company Incorporation Services
April 28, 2011 - To assist the SMEs, SPRING Singapore collaborated with Inland Revenue Authority of
Singapore to host free consultation clinics for SMES from April 13, 2011, with a theme “Productivity and
Singapore is unyielding in her goal of becoming a global entrepreneurial city. Many of her programs are
geared towards assisting the industries in Singapore.
Asiabiz is a reputable company conferring professional services to foreign companies, entrepreneurs,
and employees. In particular, it offers company incorporation services.
“A company can be a private limited, subsidiary, or a branch office whatever fits the needs of investors,”
chimes Asiabiz, saying in addition that, “both the private limited company and subsidiary are bestowed
with respective legal personality.”
To register, the corresponding requirements should be satisfied. Both the private limited company and
subsidiary company have similar requirements.
“There ought to be a resident director, at least one shareholder, and one corporate secretary to
constitute a private limited or subsidiary,” remarks Asiabiz, “the shareholder may be an individual or a
A resident director at the time of registration must hold an ordinary residence.
Asiabiz continues: “Because the branch office does not have its own legal personality, its parent
company is held accountable for all operations of the branch. Moreover, its parent company shall
include in its Memorandum and Articles of Association, the activities to pursue by the branch, as well as
the branch’s local directors and corresponding corporate duties and powers.”
The Companies Act also stipulates an appointment of at least two agents to assist the branch in its
administration. Included in the registration is the document appointing two individuals as agents.
Asiabiz offers nominee services to help companies satisfy some of the requirements.
“Our nominee director service is engaged upon registration to satisfy the requirement of having a
resident director of ordinary residence. After the registration, the Employment pass, one of Singapore’s
premier work visas, is applied and thereafter, the directorship is transferred.”
For those who seek for anonymity, the nominee shareholder service is engaged. Says Asiabiz: “The
nominee shareholder holds shares in trust and protected by a signed Memorandum.”
Asiabiz also offers a nominee agent service for a branch office, and corporate secretaryship, accounting
services, assistance in opening corporate bank accounts, and in filing obligations of all companies.
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 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
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