ACE Financial Accounting Offering Business Registration Services in Singapore
Singapore, March 6, 2018 (Newswire.com) - Ace Financial Accounting was established in Singapore 12 years ago to provide financial accounting and business secretarial services. There are experts in financial accounting, tax advice and corporate secretarial services that include company registration. They have in-depth knowledge of the requirements for company registrations and provide guidance to their clients based on established research methods.
Said one of the Directors, “A business entity is considered as an activity that is carried on consistently to make a profit. Such an activity, whether online or at home once it is passed the test of being a business needs to be registered as a company. ACE Financial Accounting know the ins and outs of business incorporation in Singapore and are here to help both local and foreign business enterprises obtain a legal business registration.”
If contemplating having a business registered in Singapore, a visit to the website ACE financial will help answer a lot of questions that many would be investors might have. Depending on what line of business one intends to follow, there are various businesses structures, to choose from including Sole-Proprietorship where only one person owns the business, Partnership which is a business owned by more than one but with a maximum of twenty partners. A Limited Liability Partnership is a business partnership where the partner’s liability is limited. There is also the Limited Partnership where there are at least two partners, one general and the other limited. A Company is considered a legal entity that is separate from the directors and shareholders. Such a company should have at least one director and one shareholder.
"A business entity is considered as an activity that is carried on consistently to make a profit. Such an activity, whether online or at home once it is passed the test of being a business needs to be registered as a company. ACE Financial Accounting know the ins and outs of business incorporation in Singapore and are here to help both local and foreign business enterprises obtain a legal business registration."
Continued the Director, “Our services in helping businesses gain legal registration in Singapore include the application of company name that the business will be known by and advice on the required paid-up capital for the new company. We help in making the appropriate Government registration fees, and filing fees for the reservation of a company name. We will also prepare share certificates for the partners and set up minutes’ book and other statutory registers. We have to help in setting up the business constitution or what was known as Memorandum and Articles of Association before. We do also assist in the purchase of a set of the company profile. There is a lot that is involved when seeking to have a business incorporated in Singapore, and ACE Financial Accounting is happy to assist every step of the way.”
Foreign companies that want to apply for business registration in Singapore are required by law to have at least one local person as a partner in the business. ACE Financial Accounting help in the nomination of a third party representative who will act as nominee director for the foreign company. The nominee director will have their name appear on all public records that relate to the company directorship, and they have administrative power granted by the company’s constitution. The nominee director only deals with the company’s internal management only as per the instruction of the owner of the company.
About ACE Financial Accounting
ACE Financial Accounting was incorporated in Singapore some twelve years ago to help businesses gain compliance in matters regarding company tax in Singapore corporate secretarial and accounting services. They assist business registered in Malaysia and Australia as well.
Source: ACE Financial Accounting