Singapore Branch Office – An Overview

Foreign companies that want to have a business presence in Singapore can setup a Singapore branch office that is treated as an extension of its parent company. With this arrangement, the head office has a direct liability for all the activities. 

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This business formation is considered as a non-resident entity which means that it is not eligible for any tax benefits and exemptions which are typically enjoyed by local companies in Singapore.

In terms of taxation benefits, this business arrangement is generally not appealing. However, it is important to note that only the sales and revenues of the branch office will be covered by taxes and not the parent company’s.

According to the Accounting and Corporate Regulatory Authority (ACRA), the name of a branch office should be the same as its parent company unless if the business name is already existing in Singapore.

Under the Singapore Companies Act, a foreign company is required to appoint at least two local residents who will act as a director to oversee the activities of the branch office. Meanwhile, there is no requirement on the number of foreign or local staff who will be employed by a branch office.

In addition, this Act allows a branch office to perform any business activities as long as these are in line with the parent company’s goals and nature of business, and are considered legal in Singapore.

One downside of a branch office is that even the parent company is required to submit its audited accounts every fiscal year, an arrangement that most foreign entrepreneurs are not comfortable with.

It is important to note that ACRA does not allow foreign individuals and business entities to self-register their own companies. With this consideration, it is important for foreigners to hire a professional firm that can assist them in the registration processes.

The processing for branch office registration generally takes one to two days. This can take place even without the presence of the foreign entrepreneurs or their employee-representatives (since their hired professional firm will act on their behalf).

Meanwhile, ACRA will send an email notification if the branch and its name has been approved. There is no hard copy provided unless a foreign company will request for this during the post registration process.

In Singapore, email notifications are sufficient for most business transactions such as the signing of office lease agreement and bank account opening.

 

Singapore Business Registration: How to Set Up a Ltd Company

There is no better country to establish a business or corporation, than the top global Asian country in the world. Singapore has always maintained a strong trading reputation because of its welcoming tax laws and their favorable intellectual property laws. The majority of Singapore businesses are recognized and registered as private limited companies. 

company registration singapore

Setting up a private limited company is the type of business which is highly favored and is the top most common type of structured tax entity. Foreign and local entrepreneurs over 18 years of age, can start and register a company in Singapore. There are regulatory and legal requirements that business owners must secure through a professional firm to submit on their behalf to properly begin operating in Singapore.

A professional Singapore registration company is the only type of assigned firm that can register or incorporate a company in Singapore. The business registration and corporate Singapore laws state that local or foreign individuals can not register their own company or business. Entrepreneurs can both operate a company while residing outside of the county or they can operate a company while residing in Singapore. Either choice still requires a permanent, physical Singapore address, but no P.O. Box numbers, which is where a licensed registration company can work on a business owner’s behalf.

The main Singapore registration agency that a new company must register through is The Accounting and Corporate Regulatory Authority (“ACRA”). The ACRA requires that Ltd company must have a specific paid up capital to register. Other licenses, immigration or visas, employment passes and other regulatory documents must also be obtained through a registration company. Starting a business in Singapore will require professional information, such as:

– a registered rubber stamp
– an established Singapore bank account
– a registered company seal
– share certificates for shareholders, which must also include a shareholder’s allocation.

To set up a Singapore Ltd Company, the following steps are required:

1. Establish an approved name for the company. Quick tips for a successful approval is a name that is not obscene, is not similar to an existing Singapore company name, is not already reserved and does not have any trademark infringements.

2. When the company name has been approved, then the Certificate of Incorporation process takes place. A registration fee is required. Filing documents include various forms that require a Memorandum and Articles of Association (“MAA”) which outlines the company’s by-laws, structure and business activities. A Certificate of Identity, a Declaration of Compliance, office registered hours and the Director’s and top staff identities are additional information to be filed. Whatever registration firm that is chosen to represent a new business owner, will supply the necessary incorporating forms needed.

Additional requirements for a Singapore business registration in setting up a Ltd company entreats a private limited company from 1 or up to 50 corporate or individual shareholders. Shareholders can be a Singaporean or a foreigner, a director must be a Singapore resident or a foreign employment pass holder and a secretary must also be a Singaporean.

 

The Importance of Teaching Your Children Fire Safety

Fire is very important in our life. It seems like everyday we need fire. Nevertheless, fire can be dangerous that you have to be careful. It will be more serious when it deals with kids. To teach your children fire safety as early as possible is very important to minimize the risk. Thus we want to help you with this article on how to teach your children fire safety.  

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At the very beginning, your children should understand that fire is extremely dangerous. Make sure that the sentence is stuck on their mind that they will always remember it. If your children are too young that they cannot understand the warning, then you had better always supervise their activities. Keep away all fire sources from your little children for best preventive acts. 

https://www.wikihow.com/Practice-Fire-Safety

If your children have ability to read, you can cultivate this idea by creating an easy-to-remember memo, for example a poster. It is better that you ask them to involve themselves in creating the poster that they can more easily remember the sentences they make. Use some simple ideas like the following:
1. Don’t play with candles, matches, or any other fire sources.
2. If you use candles, tell them that they must not leave out the candles whenever they are going to bed or leaving the house.
3. Be careful while using gas stove (for children at school age).
4. Keep anything flammable away from fire sources and electricity.
5. Tell them to be careful when they plug some devices to electricity socket.
Put the poster on the wall, or on the back of the door of their bedroom.

Also, you had better install smoke detectors in your house and tell your children not to play with them. Check the batteries to keep the detectors to work well. The next thing you can do is to teach your children fire safety. If they catch on fire, tell them that they should stop running to drop their body, and roll onto the ground.

If the house is on fire, tell them to get out of the house as fast as they can. Make sure they understand that life is everything and first priority. It is important to warn your children not to take anything valuable, or anything they love, with them when the house catches on fire. For example, you can say, “If you lost your Barbie, Mom and Dad can buy another one for you. But remember, life can’t be replaced that you have to save your live no matter what happens”. Those are tips to teach your children fire safety. We hope it will be useful for you.

Speaking on teaching little children, Alvina Prescott would love to share some information on tools that you probably need in other teaching activities.

The Increasing Popularity of Cosmetic Dentistry

The cosmetic dentistry industry has experienced a tremendous boom in the last few decades, due to a number of different seasons. Cosmetic dentistry involves treatment to improve the appearance of teeth and gums. Unlike regular dentistry, cosmetic dentistry may not be necessarily done for health reasons but instead to improve personal image and style. Teeth cleaning is regarded as general dentistry because it is necessary to keep teeth clean in order to prevent them from decaying. Teeth whitening however is categorized as cosmetic dentistry as it is not necessary to have white teeth. Changing the color of the teeth will not make any difference on their performance https://kingwooddental.jimdosite.com/blog

More than ever before, people are conscious about their appearance and how they feel when they look good. With time, people have also started to experiment with their looks and they are not shy in trying new products to help them feel and look better. In the same way, lots of people have also shown interest in facial surgery in order to enhance their appearance. Dentistry has not been left aside either and more and more people are now visiting a cosmetic dentist in order to get great looking teeth through quick cosmetic methods.  https://www.wikihow.health/Treat-Sensitive-Teeth

Over the years, cosmetic dental procedures have become less and less invasive, a factor that has contributed significantly to the increased popularity. Most cosmetic dental procedures are now painless and provide impressive results. Whether a person is looking to create a brighter smile or fix a more serious problem, cosmetic dental work is no longer seen as a risky or painful treatment option. Cosmetic procedures are admittedly expensive but the results are long-lasting and once the treatment is finished, you can expect the results attained to last for many years to come.

Another factor that has helped cosmetic dentistry gain popularity is the ‘celebrity effect.’ With famous stars openly acknowledging (and sometimes even advertising) cosmetic dental procedures, it has become more desirable to achieve a similar look. Television shows, such as those with makeovers, also reinforce the desirability of cosmetic dental work. Over time, this has made the idea of cosmetic dental procedures more acceptable and wished for by a larger majority.

Cosmetic dentistry is now established in the industry and is very popular among people of all age groups. With today’s improved technology, getting great looking teeth is possible within a short span of time, sometimes in as little as an hour. Most dentists offer some kind of cosmetic procedures, even if cosmetic dentistry is not a specialty. With cosmetic dentistry being more accessible, pain-free and accepted than ever before, it is clear why the procedures are now so popular.

 

The Importance of Using Professional House Painters

Some home improvement jobs are easy for home owners to tackle, but others need to be done by professionals. Otherwise, you risk making a mess, unsafe installations, and even destroying your home! 

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Don’t take that risk! Use professionals when you’re ready for your next home improvement project. Commercial painters use the best, high-tech painting equipment which produces a superior finish so your house gets a beautiful paint job. The difference between a professional job and an amateur one is usually easy to see.

With painting, it frequently has to do with inadequate surface preparation making bubbles or improper technique, leading to streaking or stripes. Some of these differences between professional and DIY jobs have to do with equipment; your average homeowner simply doesn’t have the high-quality tools used by commercial painters and contractors. However, the differences can also stem from experience; as a part-time home-improver, you simply can’t beat the training and experience of a full-time professional. So why spend hours trying to get results you can’t possibly achieve!

It is also important to note, that while the defects listed above may only seem cosmetic, they can cause serious problems: the paint is there to protect as well as beautify your home, if it isn’t properly applied the paint will flake off and chip, exposing your house to the elements. Once the wood is exposed, it will begin to weather and deteriorate; frequently, even allowing moisture into your home. Dry rot and mold then result. It may seem easier to do it yourself, but in the end, the price you pay isn’t worth it–not when you’re risking your home and your family’s health.

At first glance, it may seem like you can handle painting your house yourself, but to do the job right you really need professionals. Their tools and experience guarantee a job done right, the first time.  

Randymars Painting and Contractors is a group of talented professionals committed to quality workmanship and customer service. We take pride in our work, so whether we’re painting a house, tiling a bathroom, or pressure washing your walkways, we’ll always do it right the first time.

Take Advantage Of Expertise And Experience Of A Company Formation Agent

21st century is an age of specialization. Unlike earlier times, when a person could be master of all trades, modern people are expert in one or two particular subjects. Now, one is the master of his own domain, with extensive knowledge and high level of expertise; but the same person cannot be expected to have similar or good knowledge of another important subject. 

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Even it would not be surprising if he is found to be ignorant about something that he may need at any moment. The fact is that, people are so much engrossed with one particular subject that they hardly have time or interest to bother about other things. This trend gave way to so many agencies that offer service on various important fields like company formation. Since a businessman have little time and expertise to incorporate a company, it is the company formation agent who accomplish the task for him. 

Offshore Company

A businessman is primarily preoccupied with conducting business. Buying stuff, processing and marketing them, managing the clients, updating the relevant things and a lot more works are there that he needs to take care of. He hardly gets time to research and know about the way a new company is incorporated. So, when he gets into the task of forming a company, he finds it outside the area of his expertise. Ultimately he resorts to a company formation agent.

It is not altogether impossible for someone to form a company without the help of a company formation agent. But the task may become tiresome and time-taking. Instead, it is better to set an agent for the purpose that has expertise and experience in doing this thing. The task may become even easier if an online company formation agent is chosen for the task. He will incorporate the company over the Internet which means the company will be formed within a very period of time.

The Author is an experienced writer presently writing on topic like offshore company formation [

Gibraltar Company Formations – Save Money With A Gibraltar Offshore Company

Gibraltar is a small island off the coast of Spain, governed by the UK and due to it’s geographical location is on important port in addition to it’s role as an offshore financial centre. A company formation in Gibraltar has been a popular choice for European businesses for many years, providing an essentially British experience but with the benefits of an offshore financial centre. 

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However, whilst it offers the corporate structure flexibility with a minimum of just one director (which can be a corporation) they do not offer quite the same extent of privacy with a public register containing the names of directors and shareholder.  

offshore company formation

There are no requirements to disclose to anyone the identity of the owners or shareholders of a non-resident company in Gibraltar and the Gibraltar government would only ever do so if an order is received by the Supreme Court. This would only be granted on suspicion or serious criminal activity. This privacy is further protected by the minimal reporting requirements for example, companies are not required to keep accounts and lodge them with the Gibraltar government. Whilst still providing this high-level of privacy, Gibraltar is one of the High Disclosure Offshore Centers which puts it into the same category as the likes of Jersey and Guernsey. In most cases, this is seen as a good thing as it makes Gibraltar one of the safest destinations for companies looking to move offshore.

Gibraltar offers a slightly different corporate tax structure to a lot of offshore jurisdictions in that taxation on residents is actually comparatively high however non-resident companies have much lower tax, one of the cheapest offshore jurisdictions. The tax advantages of having a Gibraltar offshore company include the fact that there are no capital gains taxes, gift taxes or wealth taxes. Due to the close relationship between Gibraltar and the UK, Gibraltar does have income tax for companies and they are also required to pay stamp duty on on any property purchased, debt obligations, shares and any other securities.

One reason for the rapid growth of smaller businesses and individuals forming offshore companies particularly in Gibraltar but also in similar jurisdictions, is the development of the banking systems abroad. Not only have the regulations and security around international banks increased in Gibraltar whilst still maintaining all the privacy, but they also provide more secure banking solutions but even leading local banks such as HSBC having an offshore arm dedicated to providing a quality banking solution to the leading financial jurisdictions such as the ones mentioned above.

Due to it’s close links with the UK, Gibraltar is a popular choice for companies looking re-locate or start-up in a place where they can benefit from the tax advantages whilst being in a high disclosure financial center, essentially meaning they have all the protection and reliability associated with the UK, even having it’s local currency as the GBP.

FletcherKennedy are UK based offshore company formation and incorporation specialists providing a comprehensive range of UK and offshore incorporation related services.

Article Source: http://EzineArticles.com/6262712

Hiring an Interior House Painter? Check Out These Tips First

Painting the interior of your house is no small project. If you are like many people you don’t have the time to do the project yourself or your want more professional results that you can get doing it on your own.  

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The logical thing to do would be to hire an interior house painter to do the job for you. While this sounds like an easy task there are actually a few things you should consider before jumping in and hiring the first painter you stumble upon in the phone book. Here are some tips for hiring an interior house painter that will help you get the best value for your money, get professional results and make sure the job is done right.  

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Cost

One of the most important considerations when hiring a painter is cost. Prices can vary wildly between companies so it is a good idea to call around and get quotes from as many companies as you can before hiring one.

Time to Complete the Job

The last thing you want is for your house to be torn apart for weeks while you are waiting for a painter to finish the job. While you are calling to get cost estimates for the job be sure to ask each painter how long it will take for them to complete the project. Some companies may be able to finish the job in a day or two while others can take a lot longer.

Reputation/References

Even if you find a company that is inexpensive and promises to get the job done quickly, it is still not a guarantee that you will get good results or that they will stick to what they promised.

The best way to make sure that a company or individual painter is really qualified and will stand behind their promises before hiring them is to look into their reputation & references. Find out how to learn more about an interior house painter or company before hiring them including where to find real customer reviews, who to ask for recommendations and how to get insight into their past work and experience

Hiring an Interior House Painter? Check Out These Tips First

Painting the interior of your house is no small project. If you are like many people you don’t have the time to do the project yourself or your want more professional results that you can get doing it on your own.  

naperville painters

The logical thing to do would be to hire an interior house painter to do the job for you. While this sounds like an easy task there are actually a few things you should consider before jumping in and hiring the first painter you stumble upon in the phone book. Here are some tips for hiring an interior house painter that will help you get the best value for your money, get professional results and make sure the job is done right.  

naperville painters

Cost

One of the most important considerations when hiring a painter is cost. Prices can vary wildly between companies so it is a good idea to call around and get quotes from as many companies as you can before hiring one.

Time to Complete the Job

The last thing you want is for your house to be torn apart for weeks while you are waiting for a painter to finish the job. While you are calling to get cost estimates for the job be sure to ask each painter how long it will take for them to complete the project. Some companies may be able to finish the job in a day or two while others can take a lot longer.

Reputation/References

Even if you find a company that is inexpensive and promises to get the job done quickly, it is still not a guarantee that you will get good results or that they will stick to what they promised.

The best way to make sure that a company or individual painter is really qualified and will stand behind their promises before hiring them is to look into their reputation & references. Find out how to learn more about an interior house painter or company before hiring them including where to find real customer reviews, who to ask for recommendations and how to get insight into their past work and experience

Taking Advantage of Slot Machines Online – Winning Slot Machines

If you want to learn tips on how to win slot machines online, then read this. You will learn tips about winning slot machines over the Internet. 

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Have you ever tried playing slot machines online? If you haven’t, it is highly recommended that you sign-up for an account and play your favorite slot games over the Internet. It is surely fun to play these games online. Aside from that, you can also win loads of instant cash because of the many great offers that most of the online casinos have.   

IDN Poker

There are a number of online casinos available. They try to compete with each other and offer many attractive benefits to the players and to their prospected customers. Playing online slots may often be the most profitable form of casino gambling. Because of the great competition there is in many of the online casinos, most of the websites would make all their offers very attractive and fascinating to its target customers and to their existing members. Often times, slot machines over the Internet gives better payouts compared to the land-based machines.

The best way to win in online slots is to take advantage of its discounts, offers, and promos. Usually, you can get bonuses upon registration. There are even times that new registrations will be given free initial bankroll by some of the casino websites. Taking advantage of this will help you save money on your bankroll and play more games in the long run and increase you chances of winning.

You can also enjoy discounts and freebies while playing slot machines online. There are websites which often have promos wherein their players and their customers are able to enjoy discounts and win a lot of freebies if they play on a specific time. Sometimes, online casinos hold raffle draws that will let you win instant cash prizes. You can also earn a lot of money when you play for big jackpot games and win. It is very easy to win in online slots because you can always download certain software that will assist you in lessening the difficulties of the slot odds.

Learning more strategies and techniques is the best benefit that online slots can provide to you. The availability of many tips and strategies is very accessible to those who want it. Most of the professional casino goers would advice the new players to learn the mechanics of slot games over the Internet before they actually play inside casinos. Playing in casinos can be very tricky for the new players. So that you can increase your skills and improve your strategies, it is better to hone yourself first in online slots.

To enjoy more benefits in online slot games, it is best to register for an account so that you can receive regular updates regarding new tips and strategies. Being a member of an online casino will also allow you to get newsletters when the website has new promos, offers, and other new benefits when it comes to playing slot machines online.