In.Corp Global – Singapore’s leading corporate services provider – has introduced a new online tool [setup.incorp.asia] to help local and foreign entrepreneurs incorporate a Singapore company in less than an hour. The tool reads and interprets all the documents through a machine learning algorithm, performing all verification checks at the back-end in no time.
With this mechanism in place, background checks can be conducted even before clients attend an in-person meeting, saving them time and giving them certainty around the documentation required and establishing of the business itself.
“Our expertise in company formation, statutory compliance, accounting, tax, immigration, recruitment, insurance and consulting has helped thousands of companies get a head-start. Moreover, over the last two decades, we have always been at the forefront of using the latest modern technologies and offer a full suite of corporate services to companies planning to establish their headquarters in Singapore. Now, with this latest innovation, businesses can look forward to even more efficient deliverables from the leading corporate services provider in the city-state,” noted Satish Bakhda, CCO at In.Corp Global.
The tool starts by asking customers to fill out the proposed company information and particulars of all the directors and shareholders – including identity documents. Customers also have provisions for submitting the shareholding structure and paid-up capital information of the proposed company, along with a downloadable customer due diligence form.
“What’s more, customers can see the preview of their application, the contact person at In.Corp, as well as the real-time status of their Singapore company incorporation application. Every customer’s account dashboard also gives a detailed overview of the incorporated company,” he added.
“We are convinced this new tool will add to Singapore’s reputation as one of the top countries in the world that facilitates ease of doing business as well as strengthen our own position as the leading corporate services provider in Singapore and Southeast Asia,” concluded Bakhda.