AsiaBiz Services Committed to Providing Singapore Company Registration Services
Even when half the world crumbles during the 2008 global economic crises, Singapore’s stability remains unperturbed though its economic growth slowed at 1.1% rate following the global economic sluggishness of the same year.
In 2009, the government implemented a resilience package amounting to S$20.5 billion to help Singaporean residents and citizens retain their job and maintain their capacity to support their respective families.
Part of the resilience package focuses on accelerating the investments for future. By this, the government equips its citizens with world-class education in their youth, broadens training opportunities in their working stage, and provides the best care services during their silver years.
To continue with its pursuit of making the city-state a global entrepreneurial city, the government imposed incentives for investments across the industries, assists in up-building innovative capabilities among its small and large businesses, stimulates bank lending with provisions for loan losses, enhances business cash flow and competitiveness, and mitigated its corporate tax rate by a point at 17% taking effect on 2010.
It renewed bilateral trading agreements and free trade agreements with different countries in Asia Pacific.
In the third quarter of 2010, the prime minister announced a GDP growth of 18%, a stark difference from the government’s forecasted 12%. By the end of the current year, the government expects an additional 100,000 employees to join the labor force.
Doing business is easiest in Singapore. Foreign investors are permitted to own 100% of the company shares, have the liberty to repatriate their earnings, and can import their capital.
AsiaBiz Services, a company dedicated in assisting foreigners in registration and incorporation of companies exclaims that in 2010, hundreds of clients from Asia and beyond approached the company to spearhead the company setup and processing of necessary working visas.
Asiabiz Services specializes in rendering professional services to foreigners including accounting and Nominee Director Services and processing of Employment Pass, Entrepreneur Pass, and Dependent Pass.
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