AsiaBiz Services » FAQ

Do you have personalized human voice answering or computer automated answering?

admin — Thu, 07 Jul 2011 10:00:40 +0000

AsiaBiz has highly trained, professional staff who will personally attend to your calls using your company’s name. For a fee slightly higher than the automated computer answering service, the computerized automated answering service will also greet all your incoming calls with your company’s name, and the caller will have an option either to leave a voice mail or be automatically diverted to another telephone number specified by you. Don’t miss any more calls!

* This service will require a S$200.00 deposit and will be used to offset the call forwarding charges.

Can you forward the mails you received on our behalf?

admin — Thu, 07 Jul 2011 09:57:48 +0000

For any arrival of postal mails including courier items and small parcels, AsiaBiz can forward the mails based on your instructions. All forwarding postage costs will be charged accordingly to you.

* This service will require a S$100.00 deposit and will be used to offset against the mail forwarding charges.

What happens when you receive any mails on our behalf?

admin — Thu, 07 Jul 2011 09:57:23 +0000

Whenever mails arrive at our registered address, AsiaBiz will notify you via email. You will than arrange to collect the mails within 2 weeks from our office.

Does AsiaBiz provide such registered address services?

admin — Thu, 07 Jul 2011 09:56:35 +0000

AsiaBiz provides a prestigious registered address, which can be used as your registered and business address for your company. The address can be used on business cards, letterheads or any other official documents.

Do I need to seek any permission if I use my residential address?

admin — Thu, 07 Jul 2011 09:56:08 +0000

For some residential addresses, you need to seek permission from the Housing and Development Board (HDB) or Urban Development Authority. If you are not the owner of the address, but a tenant, it would be wise to check with your landlord if he allows you to use the premises as the registered address.

Do I need a registered address?

admin — Thu, 07 Jul 2011 09:55:40 +0000

The Companies Act requires all Singapore incorporated entities to have a Singapore-based registered address.

Registered address cannot be a PO Box.
Can be either private residential or commercial address
For residential addresses, you need to seek permission from the Housing and Development Board (HDB) or Urban Development Authority.

It’s the company’s address for formal government communications. The registered office must be a real address.

Who is eligible for PEP?

admin — Thu, 07 Jul 2011 09:53:52 +0000

The following groups of foreigners will be eligible for PEP:

Overseas foreign professional whose last drawn fixed monthly salary overseas was at least S$7,000
The last drawn fixed monthly salary overseas should be no more than six months from the time of the application.
Former P1 Pass holders who are residing overseas
Former P1 Pass holders should not be unemployed for longer than a continuous period of six months at the point of application.
P1 Pass holders
P1 Pass holders will be accorded in-principle approval for the PEP upon application.
P2 Pass holders
P2 Pass holders that have at least two years’ working experience on a P Pass. They should earn a fixed salary of at least $30,000 in the preceding year.
Q1 Pass holders
Q1 Pass holders with at least five years’ working experience on a Q1 pass. They should earn a fixed salary of at least $30,000 in the preceding year.
Foreign graduates from institutions of higher learning in Singapore
Foreign graduates from institutions of higher learning in Singapore with at least two years’ working experience on a P or Q1 Pass. They should earn a fixed salary of at least $30,000 in the preceding year.

What is the individual taxation scheme for non-residents?

admin — Thu, 07 Jul 2011 09:52:07 +0000

Non-residents are taxed at a flat rate of 15%.

Are foreign employees required to contribute to the CPF fund?

admin — Thu, 07 Jul 2011 09:51:37 +0000

Foreigners on Singapore work passes such as Employment Pass, S Pass, etc. are exempt from CPF contributions in Singapore.

How are fringe benefits taxed?

admin — Thu, 07 Jul 2011 09:51:10 +0000

Employer-provided fringe benefits are taxed in the employee’s hands. As a number of benefits are taxed on a concessionary basis in Singapore, it is possible to reduce an individual’s tax liability through appropriate structuring of his/her remuneration package.