Asiabizservices Bestows Subsidiary Office Registration And Nominee Director Service
Foreign companies seeking to establish a business presence in Singapore find the subsidiary office to be
the most propitious business structure.
Though a majority of its...
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Asiabizservices Bestows Subsidiary Office Registration And Nominee Director Service
Foreign companies seeking to establish a business presence in Singapore find the subsidiary office to be
the most propitious business structure.
Though a majority of its shareholder is a foreign company, a
Singapore subsidiary registration is bequeathed with its own juridical personality.
“It embraces the private limited structure, hence, a subsidiary maintains its own Memorandum and
Articles of Association.
During its registration, three separate individuals must fill up the positions namely,
the resident director, shareholder, and a company secretary,” says a business consultant of
Asiabizservices.
Prescribed in the Singapore Companies Act are the eligibility requirements of a resident director.
Among
many others, a resident director must be of ordinary residence, of legal age and capacity, and not a
bankrupt and guilty of previous malpractice.
Asiabizservices says of the ordinary residence: “A
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