Asean Co-operation » Company http://aseancooperation.com Business and technology news Sat, 16 Apr 2011 17:38:45 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Many Reasons Behind Of Setting Up A Company In Singapore http://aseancooperation.com/many-reasons-behind-of-setting-up-a-company-in-singapore/550/ http://aseancooperation.com/many-reasons-behind-of-setting-up-a-company-in-singapore/550/#comments Fri, 04 Jun 2010 17:38:10 +0000 http://aseancooperation.com/many-reasons-behind-of-setting-up-a-company-in-singapore/550/ People want to settle in their respective lives as per their own terms and conditions. Many people love to settle down as an employee and many people love to be an employer after a certain point of their career. Career perspective varies person to person. There are various and different steps one needs to follow while they are in the process of setting up a company in any country. There are numerous acts and rules and regulations that the person should understand at the very initial level so that he or she can have a trouble free future. The person must know all about the terms and conditions first to set up a company. The company will be your dream venture. There are numerous dreams and wishes and expectations from your friends and families that are attached with such a venture and you need to be responsible to carry on with their hope. 
Singapore is an ideal place of setting up a business. Geographically it is an ideal location having the infrastructure of the first world type to start a business. Numerous company owners feel very attracted with this land and forward in setting up a company in the Singapore. This can be defined as the very launching pad for the entire Asia. This can be treated as the most beautiful location to start a business as well. Numerous people select this place to fulfill their dreams and they just try to set up a company in the Singapore. Moreover the country really provides a lot of facilities while you are on the process of opening a company here. That encourages people more and more to be related in this country professionally. Singapore has its own status and reputation while the topic of economy and facilities are concerned. The place really facilitated people and allures many people with various opportunities to set up their own companies in this land. It can be defined as a growing and developed place among the many industrialized countries of this world. Businessmen and company owners prefer to be settling in some countries that are competitive trading nations just because they can be within the flow of added sales and reliability. 
According to a specific survey there are various reasons for which people prefer Singapore as their business and center and people also show interest in setting up new establishment in this country as well. The most promising factor behind this country is that the country is situated very near to the ASEAN manufacturing countries in a very strategically way. Just because of this astonishing location the country is defined as the hub of various commodity trading in this planet as far as the business is concerned. This country really fills the gap in various commodity-trading world while giving various efficient and significant facilities. No other countries have such a wonderful air and seaports in this world that can raise the level of communication like Singapore. This smooth communication is really something that paves the path of business in various terms and people prefer such a location. You can find various business establishments as well to start with you’re planning. Comfortable living and various nice recreations for business guests are the other preferable factors for this location for business. There are various other reasons attached with this country that inspires people from all over the world settle up in land professionally. 
Even the World Bank has declared this place as the cheapest land to start you journey with a new business and this announcement really enriches and as well as enhances the demand of this place more than the previous years.

Rikvin

]]> http://aseancooperation.com/many-reasons-behind-of-setting-up-a-company-in-singapore/550/feed/ 0 Do Your Business Only With The Best Philippine Real Estate Company http://aseancooperation.com/do-your-business-only-with-the-best-philippine-real-estate-company/477/ http://aseancooperation.com/do-your-business-only-with-the-best-philippine-real-estate-company/477/#comments Thu, 15 Apr 2010 17:39:15 +0000 http://aseancooperation.com/do-your-business-only-with-the-best-philippine-real-estate-company/477/ There is a plethora of real estate development companies in the Philippines today. Choosing the perfect place for your abode can be quite tricky because of the variety of home styles to choose from.

Real Estate in Philippines surely has come a long way from its humble beginnings. It has been accommodating the needs and wants of the Filipinos here and abroad and foreigners who chose to reside in a tropical country.

Foreigners find it attractive to invest in real estate in the Philippines because prices did not depreciate with the global financial crisis compared to what happened in US real estate. Relatively, it is safe to invest your hard earned money to properties in this country.

There is already a wide array of selection of residential, commercial, industrial and rural properties for sale in the Philippines. One can also find villas, houses, apartments, flats, and hotels for lease. But isn’t it better if you only narrow your choices down to the one of the best and multi-awarded company of real estate in the Philippines?

Ayala Land, Inc. is one of the leading companies and pioneers of real estate in Philippines. It has already carved its own niche in the international realm of business arena.

Their distinct contribution has been recognized. Ayala Land, Inc.  is a recipient of numerous  awards such as the Best Property Developer in the Philippines 2006, Top 5 best-governed companies in the Philippines and Best in Property Management in the Philippines 2006 to name a few. They also earned an award from ASEAN Energy Awards for making energy-efficient homes.

Those awards are testament to their commitment in enhancing the lives of Filipinos.  They have been transforming people’s ideal homes into reality. Their residential designs combined functionality and style. Rest assured, every home and building they built was a product of good planning, high-quality materials, and superior technology, engineering and craftsmanship.

Ayala Land, Inc. boasts itself as the largest real estate company in the Philippines. You can surely find the property or home you want according to your lifestyle and budget.  Their prices range from 500,000 to more than 30 million. For more information visit to our site at http://www.atayala.com

Deirdre Gonzales is a business entrepreneur from Cebu City Philippines. She’s now based in Florida and writes in her spare time for various websites including Atayala.com

]]> http://aseancooperation.com/do-your-business-only-with-the-best-philippine-real-estate-company/477/feed/ 0 My existing company in US want to start export business with Asian contries.? http://aseancooperation.com/my-existing-company-in-us-want-to-start-export-business-with-asian-contries/379/ http://aseancooperation.com/my-existing-company-in-us-want-to-start-export-business-with-asian-contries/379/#comments Tue, 19 Jan 2010 17:40:58 +0000 http://aseancooperation.com/my-existing-company-in-us-want-to-start-export-business-with-asian-contries/379/ 1. Do I need special licences?
2.What kind of taxes involved.
3. What are the state and Federal regulations required?

]]> http://aseancooperation.com/my-existing-company-in-us-want-to-start-export-business-with-asian-contries/379/feed/ 1 Business and Company Registration in Thailand http://aseancooperation.com/business-and-company-registration-in-thailand/261/ http://aseancooperation.com/business-and-company-registration-in-thailand/261/#comments Sun, 22 Nov 2009 17:38:20 +0000 http://aseancooperation.com/business-and-company-registration-in-thailand/261/ In the Kingdom of Thailand, registration as well as conducting of business is governed by a number of laws. Some of the most popular forms of business set ups in Thailand are sole proprietorship, partnership business, joint ventures, branches of foreign companies, and limited companies including public limited companies and private limited companies.


A sole proprietorship is a kind of business set up that can be owned by only one person with unlimited liability. This type of set up is subject to certain kinds of legal actions. Unless included under the United States-Thailand Treaty on Amity and Economic Co-operation, a foreigner is not permitted to start a sole proprietorship business in Thailand.


When comes to partnership business, Thailand allows three types of business such as unregistered ordinary partnerships, registered ordinary partnerships, and limited partnerships. Since it is not promoted by the Board of Investment (BOI), partnership business is seldom operated by foreign investors.


A public limited company in Thailand offers shares for sale through the Stock Exchange of Thailand (SET.) But, a host of legal requirements must be complied with the Public Limited Company Act for starting a public limited company. For instance, half of the promoters must be Thai nationals and there must be at least 15 promoters for the Memorandum of Association.


Private limited companies are the most popular type of business set ups in Thailand. A foreigner can easily set up a private limited company. However, according to the Foreign Business Act, there are certain businesses that cannot be started by a foreigner on a majority basis.


Laws pertaining to the establishment of a private company in Thailand are governed by the Civil and Commercial Code, the Revenue Code, and the Accounts Act. Private limited companies are akin to western corporations and are regarded as one of the most prominent vehicles to set up a permanent business in the country. Establishment and registration of a private limited company involve certain important steps.


Foremost is the reservation of corporate name for your company. However, the name you have chosen or reserved for your company should not be same or similar to the corporate name of other companies. According to the law, certain names are not allowed as the company name. One can lean guidelines provided by the Commercial Registration Department in the Ministry of Commerce for reserving a company name. Filing of Memorandum of Association with the Commercial Registration Department is the next step in the incorporation of a private company.


Memorandum of Association must include the company’s reserved name, location of the company, business goals, share capital amount as well as how it is divided, and names of seven promoters who sign this document. Once the Memorandum of Association is registered, a government fee of about 0.5% of the registered capital must be paid. Then, a statutory meeting of all shareholders must be convened, in which the bylaws as well as articles of incorporation are approved and the board of directors and auditors are selected.


After this, the directors must file their application for the establishment of the company, within 90 days from the date of the statutory meeting. When the application is filed, a government fee of Thai 5,000 baht, which may go up to a maximum of 250,000 baht, must be paid. It is mandatory that within 60 days of the incorporation of the company should register for income tax and receive a tax ID card and a number for the company from the Department of Revenue.


Above all, once the company is incorporated and has successfully started its operation, it is required to maintain accurate books of accounts as per the Accounts Act, the Civil and Commercial Code and the Revenue Code. Accounting documents can be prepared in any language, however with a Thai translation.


Company formation and registration in Thailand offer some obvious benefits. One of the prime advantages is that the law does not entail any minimum capital requirement for establishing a business set up. Another benefit is that the Board of Investment (BOI) of the country renders a multitude of incentives to promote and encourage company formation in Thailand. As it is a founder member of the ASEAN (Association of Southeast Asian Nations), the country provides access to a prospective ASEAN market.


A myriad of specialist consultancy firm coupled with the services of attorneys are in the scenario to help you with the processes involved in company incorporation and registration in Thailand. They help you deal with a number of activities pertaining to the registration of company such as selection of appropriate company name, financial consulting, legal consulting, drafting company by-laws and business objectives, preparation and filing of the Memorandum of Association, registering Corporate Tax and VAT, creating company logos and seals, and more.

For nearly 30 years, Bamrung Suvicha Apisakdi Law Associates (BSA Law) has focused on providing reliable legal advice and services to the Thai and foreign business community in Thailand. We provide international standards of legal services while retaining the customs of the Thai business culture.

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