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Asiabiz Introduce Singapore Subsidiary Registration Details
Asiabiz Introduce Singapore Subsidiary Registration Details
AsiaBiz Services, a leading expert in the company registration in Singapore, is usually recommended for foreign subsidiaries engage in commercial activity in this country.
singapore,
singapore,
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(pr4links.com)
26/10/2010
AsiaBiz Services, a leading expert in the company registration in Singapore, is usually recommended for foreign subsidiaries engage in commercial activity in this country.
One of the main interests of the subsidiary company is tax exemptions and incentives, provided it meets certain requirements.
"As a subsidiary company of Singapore with more than 20 shareholders, all individuals and businesses, and the practice of management and control of the first S $ 100,000 S $ 200,000 and a zero-tax exemption and 50 percent respectively within three years after its creation," says AsiaBiz.
In the event that a subsidiary company has more than 20 shareholders or the right person for one of its shareholders, business Registration Company said it still cannot get a number of partial exemptions.
In addition, a subsidiary company may experience reduced tax rate, if an asset in certain industries, such as offshore leases, oil trading, cyber trading, international trade and finance director centres, art and antiques trade in commodity derivatives, insurance, securities, etc.
In addition to taxes, including foreign companies issuing this business structure enjoys limited-liability companies, which means that they are protected from all the stock of debt, financial losses, and the tasks of the Singapore Company said AsiaBiz.
Trying to attract foreign and international companies, Singapore give 100 per cent foreign ownership, as long as a resident director, who is a Singaporean citizen, permanent resident or a foreign person has employment pass or dependent pass, firm said.
"Some countries are operating centres require foreign companies to tie-up with local companies operate legally. This is not the case in Singapore, where foreign firms enjoy greater freedom in running the business. This is why the city-state is considered one of the best business centres, not only in Asia and the Pacific, but also elsewhere in the world," it added.
But like any foreign entity or person is prohibited from having their own business AsiaBiz said it was mandatory to hire the services of a professional firm of business registration.
"Thus, foreign companies and entrepreneurs will ensure that they meet all legal requirements and compliance with the requirements listed in the Singapore Companies Act to comply with" AsiaBiz added.
Asiabiz is an ACRA registered service bureau. The firms provides a complete corporate solution under one roof to form a Singapore company and process Singapore company incorporation of private limited companies with the opening of corporate accounts, corporate services including accounting, tax, immigration related to work passes visa and compliance services in Singapore.
For more information:
AsiaBizServices.com
address: 120 Telok Ayer Street Singapore 068589
phone: +6563034614
website: http://www.asiabizservices.com/
About
Asiabiz Services Pte Ltd
120 Telok Ayer Street
Singapore 068589
Phone: (+65) 6242 6533
Fax: (+65) 6303 2670
E-mail: sales@asiabizservices.com
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