Asiabizservices Offers Form a Singapore Company Services
Asiabizservices Offers Form a Singapore Company ServicesThere are two approaches to setting up a company in Singapore according to Asiabiz Services, a premierbusiness solutions creator based in Singapore, where business is an easiest done.“Investors may have to consider whether or not they want to relocate to Singapore or stay offshore,” saysone of Asiabiz’s business consultants.“If they want relocation, they may need to apply either an Entrepreneur pass or Employment pass,” addsRikvin, “The choice of their Singapore work visas determines the type of process of establishing acompany in Singapore.Asiabiz Services has been established to assist foreign companies, investors, and employees with theirbusiness and personal needs. It specializes in company incorporation services and processing of workvisas among others.“In an Entrepreneur pass, the labor pass is first sought from the Ministry of Manpower. Among therequirements are the capital investment sets at a minimum amount of S$50,000, and a 10-page businessproposal,” Asiabiz continues.Asiabiz has a team of accountants adept at drafting of business proposals. These individuals can helpbusinessmen in preparing the required documents.“The Entrepreneur pass is exclusive to foreign investors who have not completed a tertiary level ofeducation. Its holder is not permitted to seek employment in another company except the one from whichhe holds shares,” clarifies Asiabiz.After the Entrepreneur pass is released, the company is registered with ACRA. Meanwhile, if the laborpass sought is Employment pass, the company is first incorporated as only registered companies canapply for work visas except the Entrepreneur pass.“There are three individuals to form a company, specifically, a private limited company,” Asiabiz continuesto elucidate, “These are the resident director, shareholder, and company secretary.”According to Companies Act, the resident director ought to be of local residence, which means that theindividual appointed may either be a citizen or a permanent resident.“Because of 100% foreign-company ownership and management, any foreign nationals such as theinvestors can also be appointed as the resident director,” chimes Asiabiz.Thus, to proceed with the incorporation procedure, Asiabiz shall engage its nominee director service forcompliance with statutory requirements. Asiabiz also offers a nominee shareholder service and companysecretaryship owing to its memberships with SAICSA and ICSA.Upon completion of incorporation, Asiabiz Services shall process the Employment pass and thereafter,transfer the directorship.In a non-relocation package, the nominee director service is engaged on a long-term basis. The investorshall stay offshore and run the company from there or he can appoint a trusted individual to be appointedas the resident director.
The services of Asiabiz go beyond the incorporation.About the Publisher:Asiabizservices offers one-stop business solutions to companies, particularly, those that are managedand owned by foreign investors. Since its inception, Asiabizservices has successfully helped foreignentrepreneurs form a Singapore company. Among its specializations are Singapore company setup,corporate services, accounting services, nominee services, company registration, whether as a soleproprietorship, private limited, limited liability partnership; offshore company formation, incorporationof foreign companies either as a branch or subsidiary office, accounting services including payrollpreparation and more.Asiabizservices is the leading provider of Singapore Company Incorporation services and hassuccessfully helped thousands of both local and foreign entrepreneurs Incorporate a SingaporeCompany. It also provides chartered secretarial services.For more information visit:AsiaBizServices PTE LTDaddress: 120 Telok Ayer Street Singapore 068589phone: +6563034614email: firstname.lastname@example.org: http://www.asiabizservices.com/