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Exemption From CPF Contributions

Employees who are exempted from CPF contributions Foreigners on Employment Pass, Professional Visit Pass or Work Permit CPF contributions are not allowed for foreigners. Both the employer’s and employee’s share of contributions for foreign employees on Employment Pass, Professional Visit Pass or Work Permit will not be accepted. Partners, sole-proprietors or self-employed All Singapore citizens [...]

Why incorporate in Singapore?

Singapore has attracted various organizations ranging from the Fortune 500 companies, small and medium enterprises, educational institutions to news bureaus to form their place in Singapore’s business landscape. Singapore is well known around the world as a multicultural, multi religious and multi racial harmonious island food paradise. Starting as a quiet, laid back fishing village,

Why choose AsiaBiz Services?

We are quite simply, . Setting up your own company results in various associated benefits such as lower tax rates, ability to raise funds via stock offerings, protect your personal assets and increased favorable perception of your business by key stakeholders

The Function and Duties of a Nominee Director in Singapore

It is trite law that Directors of company owe a fiduciary duty or obligation to their company. However, it begs the question what of the Nominee Director? What is the function of the Nominee Director and what are his duties under the Singapore Companies Act? A is someone in layman’s terms who is renting his [...]

EntrePass Business Plan – Litmus Test

Singapore’s EntrePass is designed to facilitate the entry and stay of foreign individuals in Singapore to directly manage their entrepreneurial venture in Singapore. The allows successful applicants’ families to live in Singapore. Dependant passes granted to the immediate family members

Singapore – India – Understanding CECA

The CECA with Singapore was India’s first comprehensive agreement with a trade partner. The bilateral merchandise trade has seen a near five-fold increase in the three years post-CECA from about $3.6 billion in 2005 to $19.11 billion in 2008, thus India became Singapore’s 11th largest trading partner in 2008 and government of India statistics for [...]

Singapore Easiest Place in the World to Do Business

Singapore has kept its top ranking for the fourth year in a row as the easiest place in the world to do business in the World Bank’s Doing Business 2010 report. The report, which examines regulations and how they affect businesses, ranks 181 economies on the overall ease of doing business

EP Pass to Singapore

In order to supplement the local work force and to create a wider talent pool for the employers, the government welcomes foreign talent by providing employment pass for foreign professionals. is type of work pass granted to foreign professionals with suitable qualifications and