Foreign investors are eyeing on Singapore as business has become very productive. As long as the rules and regulations of the establishment, or an outsource company in other jurisdictions is being followed setting up a business in Singapore is relatively less challenging. Setting up a Singapore company is comparatively easy; without too many hassles, due to the investor-friendly legislation of Singapore government. Also, some of the rules being...more
Singapore Company Registration Relies on the Registrar If you are a foreign business hoping to complete a Singapore Company Registration, you will discover that the Singapore Registrar plays an important role. The Registrar is officially called the Accounting and Corporate Regulatory Authority (ACRA).The agency facilitates new business development in Singapore by administering necessary business initiation and ongoing operational...more
Singapore continues to provide best quality of life in Asia thus making the country a favorite tourist destination and job seekers location. Singapore is also known for establishing a pro-business country worldwide. With this, the country was awarded in 2010 World Banks Doing Business Report by Worlds Easiest to Do Business. Local and foreign businessmen who would like to start a Singapore company should be aware of the basic steps mentioned below.Examine Singapores economy and the benefits of Singapores corporate taxation. A thorough study of the stability of Singapores economy and a presentation of the advantages and disadvantages of setting up a Singapore company should be listed as your number one concern since this would form a significant part in your decision making. Note that start-up companies pay Zero tax on the first S$100,000 of chargeable income for the first three consecutive years. A further 50% exemption is given on the next S$200,000 of the chargeable income.Check the Setup Requirements for Singapore Company Registration. Minimum 1 Shareholder + 1 Resident Director + 1 Company SecretaryMinimum initial paid-up share capital is S$1Singapore Company must have a...more
There are a lot of advantages that businesses in Singapore would enjoy- advantages such as it is near major markets, the government is practical and reasonable, the benefits that foreign companies would enjoy in terms of taxes and corporate laws. These are the advantages why Singapore has always been one of the favorite business spot in the Asia...more
It is important that entrepreneurs who are planning to register a company in Singapore are knowledgeable enough on what things are much needed for the registration. To have a fast business operation, knowledge about registration process is important. Singapore is one of the business capital countries in the world making them an attraction to all...more
It is important that entrepreneurs who are planning to register a company in Singapore are knowledgeable enough on what things are much needed for the registration. Being knowledgeable on the registration requirements and process will make the registration fast and enable businessmen to operate immediately. Singapore is globally known to be one of the most successful countries in the business world. Because of this reputation, we would like to present to you some basic considerations that will help you register a Singapore company.Company Name: An eligible company name should be approved by the Accounting Corporate Regulatory Authority (ACRA) of Singapore.Shareholders: It is valid if the company do have at least one corporate or individual shareholding and a maximum of 50 shareholders. Shareholders can either be 100% foreigner or a combination of resident and foreign shareholders. Remember that details of directors are made to publicly available.Directors: It is required to have at least a minimum of one director who should be a resident of Singapore which means a Singapore citizen, Singapore permanent resident or Entry Pass|Employment Pass holder with a registered address.|It is...more
It is important that entrepreneurs who are planning to register a company in Singapore are knowledgeable enough on what things are much needed for the registration. To have a fast business operation, knowledge about registration process is important....more
Singapore Company Incorporation Procedures Talking about business incorporation is about the process of making the business as legal entity free from its creator.Through incorporation, the business organization's leader-be him the chief...more
Private Limited Company is the most basic type of company to be incorporated in Singapore which is also approved by Accounting & Corporate regulatory Authority or ACRA under the Singapore Companies Act.. Singapore Private Limited Company's essential...more
Singapore is always known as one of the business capitals in the world but also they are considered as one of the best service provider in any industry.To provide and assist applicants with their needed requirements and with some sort of legal...more
8 Dos and Don'ts in Singapore Singapore is renowned for being a clean and beautiful garden city. In order to keep this status, our government has imposed strict rules so that travellers to Singapore will be comfortable and happy.Don'tsDo...more
The republic of Singapore is extremely viewed to be the most business friendly country worldwide. With this, there has been a continued growth of company setups and registration in Singapore, which added to its positive economic status. It has been...more