Asiabiz Services Assists in Setting Up A Representative Office And Company Registration After 3 years

Asiabiz Services Assists in Setting Up A Representative Office And Company Registration After 3 years A representative office is a conservative approach to establishing a business presence in a territory without the intention of carrying out a business. A... More

Asiabiz Services Assists in Setting Up A Representative Office And Company Registration After 3 years A representative office is a conservative approach to establishing a business presence in a territory without the intention of carrying out a business. A representative office is not clothed with a legal personality because it is merely an administrative arrangement, sort of a liaison office designed for noncommercial activities. In a brief conversation with Asiabiz Services, the company describes a representative office or RO not as a business entity because its purpose is not conducive to generating funds. Instead, it is a vehicle employed to conduct market research. “A RO is limited in its activity which includes initiating feasibility studies, supervising the activities of its main headquarters’ local distributors and agents, acting as liaison office in a negotiation deals, and providing customer support. ” The intent in all of RO’s activities is to determine the business poten Less