Friday, April 04, 2014

Foreign Company Registration in Singapore

S & F CONSULTING FIRM LIMITED , Foreign Company Registration in Singapore

Foreign Company Registration in Singapore, Foreign Company Formation in Singapore, Foreign Company Incorporation in Singapore, Foreign Company Registration/ Formation/ Incorporation Procedure in Singapore, Foreign Direct Investment in Singapore, Doing business in Singapore, Foreign Branch Office set up/ registration in Singapore, FDI policy in Singapore.



Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in Singapore, Foreign Direct Investment in Singapore -FDI, FDI in Singapore, Doing Business in Singapore

Email: contcat@sfconsultingbd.com
Skype: forhadhossain79
Subsidiary Company
A subsidiary company is a locally incorporated private limited company whose majority shareholder is another local or foreign company. Singapore allows 100% foreign ownership in companies. Therefore a foreign company may incorporate a local limited liability company in Singapore (ie subsidiary company) and own 100% of the shareholding.

Branch Office registration in Singapore

A branch office is treated as an extension of the foreign company. This is an important point since it means that the foreign company's head office bears the ultimate responsibility for any liabilities arising due to the acts of commission or omission of the Singapore Branch Office. From a taxation point of view, a branch office is generally considered a non-resident entity and therefore not eligible for the tax exemptions and incentives available to local companies in Singapore. Consequently, setting up a branch office is a less attractive option for small to mid-size businesses.

The name of the Singapore branch office must be the same as that of the head office and must be approved first before branch office registration. The company registrar generally approves the proposed name unless a name is identical to an existing company name.

Singapore Companies Act requires that a branch office appoint 2 agents who are ordinarily resident in Singapore to accept services of process and notices. A branch office must have a registered office address in Singapore.

A Singapore branch office is allowed to conduct any type of business activity that falls within the scope of its parent company and can repatriate its earnings and capital. The portion of the income of the branch office, which is derived from or attributable to the operations carried out outside Singapore, will not be subject to taxes. Only the earnings derived from its operations in Singapore will be subject to the prevailing local corporate tax rates.

For a complete guide on setting up a branch office in Singapore, refer to Singapore branch office registration guide.

Representative Office Set up in Singapore

Foreign companies that are only interested in exploring the market or managing the company affairs without conducting any business activity of profit yielding nature, can setup a representative office in Singapore. A representative office is a temporary setup without any legal persona. Therefore it cannot enter into any contract, engage in trading directly or on behalf of the foreign company, lease warehouse, raise invoices, open letter of credit, etc. Representative office in Singapore can only undertake market research or feasibility studies on behalf of its parent company.

The foreign company bears implicit liability for the activities of the representative office in Singapore. The representative office must be staffed by a representative from the foreign company's head office and can engage a small number of local support staff not exceeding five employees.

International Enterprise Singapore (IE Singapore) is the registration authority for representative offices for most of the industries including manufacturing, business services, commerce and other sectors but excluding banking, finance, insurance that have to be registered with the Monetary Authority of Singapore (MAS).

The foreign company and its assets cannot be held for the debts and liabilities of the subsidiary. Raising funds locally or availing government incentives are easier. A subsidiary company will generally enjoy a resident status and can avail the benefits of several favorable tax treaties that Singapore has concluded.

Advantage of a Branch: 
It is administratively easier to maintain than a company. In addition, closing a branch is easier than liquidating a company. 


Email: contact@sfconsultingbd.com

S & F CONSULTING FIRM LIMITED

Singapore



Foreign Company Registration in Singapore

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Company Registration in Malaysia for Foreigner

Company Registration in Malaysia for Foreigner

Alt="Malaysia"
Malaysia
Company Registration in Malaysia for Foreigner is easier if the process of registration in right way but may need time as policy and rules of Malaysia. Let’s see how they are doing commerce in Malaysia and generate returns. I have read some online sites and got information of appointing local partner is necessary to register a new company in Malaysia for foreigner. But without local residing partners company is registered without doubt. As serious advisory for the foreign investors , please contact the bank before incorporate a new company. Company registration in Malaysia as nonresident is not a big issue but issue is opening bank account. However, where there is a problem there is a solution. 
Call Us: +601136901890 (WhatsApp Avelable), Email: contact@sfconsultingbd.com
  1. Company Secretary
  2. Company name approval
  3. Authorized & paid up capital & fees
  4. Company registration
  5. Total cost of company registration
  6. Office rent
  7. Important sections
  8. Bank account open
  9. Visa
  10. Advantage of investor visa
  11. Disadvantage of social pass
Company Secretary
Company Secretary is a qualified member of Chartered Secretary, Malaysia who is responsible to process company incorporation permission from SSM. Each company of Malaysia shall appoint Company Secretary (CS) as law. Its renewal process of appointing company secretary. Directors of the company may change company secretary any time by application and appoint another one.
Must Require
Company name approval
Company name is required for identification. Name of company is used as adding words SDN. BHD. Instead of private limited in Malaysia. Let your company name will stand MNOP SDN. BHD. To approve name have to pay the fees. Approval name is live for 90 days (3 months). Company Secretary shall apply for approval of proposed name from SSM.
Must require before processing of registration
Authorized & paid up capital & fees
Authorized capital: Government fees depend upon authorized capital. You may find detail here of cost.
Paid up capital: Foreign investors may start business maintaining paid up capital of RM 1 to RM 500,000 or any amount. Our suggestion to keep paid up capital of RM 500,000 to run business smoothly.
No more authorized capital is now. Only paid up capital.
Company registration 
Company Secretary will prepare MoA & AoA draft to submit to SSM for approval. Additional documents are form 24, 44, 48, 49. Directors have to put signature on papers as suggestion of secretary to precede the registration. Officer of SSM office will verify your documents and approve if no problems are found. Government fees should be paid before application of registration.
It takes 2-3 days maximum after name approval.
Total cost of company registration
Total cost including government fees, approval of documents and consultancy fees, company secretary service fees & virtual office rent are RM 5000-15000, depends on type of business and figure of authorized capital.
Government fees: 1010/-
Office rent
Each company has to have office address in Malaysia. So, you have to rent an office whether small, medium, large or micro virtual office. Renting office cost varies upon office decoration, space and location. We suggest rent virtual office at low budget.
Virtual office 1 year Free (you can use our address of your business). Desk rent RM 500/- only
Important sections
Section 14: There are minimum two directors required to register a new SDN BHD company. Company might be limited by share, guarantee.
Section 15: Private limited company cannot enter into public share.
Section 143: Each company shall hold meeting annually with attendance of the majority directors. First AGM may hold within period of 18 months being first AGM.
Super form is must to buy for next activities.
Bank account open
Directors of the company will contact the bank to open account. Companies those paid up capital is lower than RM 500,000 face problems to open bank account in Malaysia. We may guide them who maintain capital below of RM 500,000.
Very difficult. But we guarantee of successful.
Visa
We have noticed that social visit visa holders apply for registration of new company. If the visa holds multiple pass is not big problem to open bank account. Single entry pass holder makes problem indeed. Professional, DP-10 holders are welcomed to register new company. Dependent pass holders are unable to register new company but may allow working for certain period.
5 years after ESD registration.
Advantage of investor visa
Investors’ visa holder enjoys doing business in Malaysia. They are freedom to hire man power, open bank account, import family members, let child admit school, purchase property and many more. If the company maintains paid up capital of RM 500,000, directors are eligible to apply for investor visa.
You may think for MM2H
Disadvantage of social pass
Social pass holders are called tourist. They are allowed to register a company but unable to work and open bank account in some cases.
Immigration guy makes problem holding tourist visa.


Company registration Malaysia

How long takes to finish registration process?
3-5 days (T & C apply)
How much is cost to register SDN BHD company?
Ringgit 1200 government fees
How much professional fees to register SDN BHD company?
Ringgit 3000 to 4000 (depend on number of services)
Which banks are suitable to open corporate account?
OCBC, UOB, RHB
Who is authority to approve company registration?
SSM
How many papers will be given after registration?
Only one (Incorporation certificate)
How can I get forms, Memorandum and particular of director’s information?
You have to buy from online (My Data SSM)
What are the steps of company registration Malaysia?
1.      Company incorporation
2.      Bank account open
3.      Sign Board and premise license
4.      WRT, Halal license
5.      Export/ import license (if any)
6.      ESD registration
7.      Visa application

There is many opportunity of investing in different sectors. All government gives priority to overseas deal to begin trade in Malaysia. How to register/ creation/ merger business, company in Malaysia, FDI in Malaysia, Doing trade in Malaysia, How to set up industry in Malaysia? Know more how to register a company in Malaysia ?
<img src="Image/Malaysia-company.png" alt="Foreign Company registration in Malaysia"/>
Foreign company registration in Malaysia


New company registration process in Malaysia


Investors shall choice name of company and book it if available. Passport, photo, local address is needful to forward registration process of new company.  Two local directors ensuring from Malaysia is one of part of requirement registering a new company. Company secretary is must to be appointed as law of state who shall check the documents have to files properly or no and shall be prepared them accordingly. Signing on form 24, form 44, form 48 A, form 49 and Memorandum and Article of association by the directors are enough as paper work of company registration in Malaysia by SSM.


Cost, fees to register a new business in Malaysia


Residing cost approximately RM 1500 inside area of city for single room whereas RM 750 may cost to live outside of city area.

  • Obtaining name confirmation RM thirty may fees for each name.
  • RM sixty may charge for trade name in a year.
  • Minimum Paid up capital start from RM 2 to RM two thousand five hundred
  • In case of two directors RM three thousand two hundred may need to register a new business whereas RM three thousand eight hundred may need in case of one foreign and one local director.
  • Minimum charge for authorized capital may RM two thousand six hundred when starting a new company.


Business ideas in Malaysia

  • Foreign entrepreneurs who may need business visa and work permit to residing in Malaysia shall have to be remitted RM five 00,000.
  • As record of foreign investment per year 9700 million + in Malaysia whereas foreign man power 89000 plus for this year that are increasing gradually.
  • Expected number of business 3000 plus this year and total foreign workers 2 point seven million at present.

How to start a business in Malaysia



Important sites in Malaysia: 
  • Ministry of foreign affairs: http://www.kln.gov.my/web/guest/home
  • Central bank of Malaysiahttp://www.bnm.gov.my/
  • International chamber of commerce : http://www.micci.com/page0/page0.html
  • Inland revenue board: http://www.hasil.gov.my/index.php?lgv=2
  • Companies commission: http://www.ssm.com.my/
  • Investment development authority: http://www.mida.gov.my/home/
  • AmBank : http://www.ambank.com.my/eng/ 
  • Affin Bank : https://www.affinbank.com.my/ 
  • HSBC https://www.hsbc.com.my/1/2/#
  • RHB Bank https://logon.rhb.com.my/ 

Keep search us as the following to find us Foreign company registration in Malaysia, company registration in Malaysia, company registration process in Malaysia, how to register a company in Malaysia, how to incorporate a company in Malaysia?


Address: A-15-03 Tropicana Avenue, No 12 Persiaran Tropicana, Tropicana Golf & Country Resort PJU3, 47410 Petaling Jaya, Selangor, Malaysia

Call Us For Company Registration Service Malaysia: +601136901890 (WhatsApp Avelable), Email: contact@sfconsultingbd.com




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Foreign Company Formation in HongKong

Foreign Company Registration in Hong Kong, Foreign Company Formation in Hong Kong, Foreign Company Incorporation in Hong Kong, Foreign Company Registartion/ Formation/ Incorporation Procedure in Hong Kong, Foreign Direct Investment in Hong Kong, Doing business in Hong Kong, Foreign Branch Office set up/ registration in Hong Kong, FDI policy in Hong Kong


Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Formation / Registration in Hong Kong
Basic Requirement to set up Branch Office in Hong Kong
1. Certified true copies of the foreign company's certificate of incorporation, memorandum and articles, or equivalent documents.
2. A list of the directors and secretary and their pertaining details.
3. A list of person or persons residing in Hong Kong authorized to accept service of process and notices on behalf of the foreign company.
4. A certified true copy of the latest financial statement of the foreign company if it is a public company and is required by the law of the place of its incorporation to publish its accounts.

Branch Office set up procedure
• Consult and assess your company structure and collect necessary documents for the formation of Hong Kong branch office
• Sign our Letter of Engagement to make confirmation of proceeding with the Branch office formation
• Prepare the branch office formation documents
• Submit the original signed company documents to the government department and pay all government fees on the client's behalf
• Monitor the whole process and keep the client update for any news
• Pick up Business Registration from the government department
• Prepare a company chop
• Deliver the documents to the client

Advantage of Branch Office in Hong Kong
1. A branch office is a legally incorporated entity in Hong Kong.
2. An impression of unity with foreign parent company. 

Fees: Lower cost/ fees/ chargeEmail: contact@sfconsultingbd.comwww.sfconsultingbd.com

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Thursday, April 03, 2014

Foreign Company Registration in HongKong

Foreign Company Registration in Hong Kong, Foreign Company Formation in Hong Kong, Foreign Company Incorporation in Hong Kong, Foreign Company Registartion/ Formation/ Incorporation Procedure in Hong Kong, Foreign Direct Investment in Hong Kong, Doing business in Hong Kong, Foreign Branch Office set up/ registration in Hong Kong, FDI policy in Hong Kong


Foreign Company Registration in Hong Kong (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Basic Requirement to set up Branch Office in Hong Kong

1. Certified true copies of the foreign company's certificate of incorporation, memorandum and articles, or equivalent documents.
2. A list of the directors and secretary and their pertaining details.
3. A list of person or persons residing in Hong Kong authorized to accept service of process and notices on behalf of the foreign company.
4. A certified true copy of the latest financial statement of the foreign company if it is a public company and is required by the law of the place of its incorporation to publish its accounts.

Branch Office set up procedure

• Consult and assess your company structure and collect necessary documents for the formation of Hong Kong branch office
• Sign our Letter of Engagement to make confirmation of proceeding with the Branch office formation
• Prepare the branch office formation documents
• Submit the original signed company documents to the government department and pay all government fees on the client's behalf
• Monitor the whole process and keep the client update for any news
• Pick up Business Registration from the government department
• Prepare a company chop
• Deliver the documents to the client

Advantage of Branch Office in Hong Kong

1. A branch office is a legally incorporated entity in Hong Kong.
2. An impression of unity with foreign parent company. 
S & F CONSULTING FIRM LIMITED

Fees: Lower cost/ Fees/ Charge
Email us: contact@sfconsultingbd.com 
Hong Kong

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