Moving any complex organization to a different country takes serious consideration and planning. There is a great number of variables to consider like tax rates and legal status. In terms of supporting business and entrepreneurship, Singapore has become one of the most welcoming countries because of its low tax rates and the ease of setting up and incorporating a business. The following is a quick factsheet on things to consider when thinking...more
There is a need for serious planning and consideration when moving any complex organization to a different country. There are a multitude of variables to consider from tax rates to legal status. Singapore has become of the most welcoming country in terms of supporting business and entrepreneurship due to its low tax rates and ease of setting up a business and becoming incorporated. The following is a quick factsheet on things to consider when...more
Singapore Nominee Director FAQs If you are interested to form a Singapore company and looking for Singapore nominee director service, then you have come to the right page! Below are some of the common questions asked regarding a Singapore nominee director. Why is a resident director required for registration of a Singapore company?All Singapore Private Limited Companies are required by the Singapore Companies Act to have at least one director.A director should be:Singapore Citizen,Singapore Permanent Resident, orSingapore Employment Pass/EntrePass/Dependant Pass holder with a residential address in Singapore.What are the responsibilities of a nominee director?The nominee director normally does not have any role in the company, other than to satisfy the statutory requirements of a local resident director for your Singapore incorporated Company. Thus, the Nominee director is a director by name only, without any powers or responsibilities. A nominee director should also comply and take charge of the following:Fiduciary dutiesStatutory booksStatutory filingsAccounting recordsAnnual accountsAppointment of auditorsShareholder's meeting Is it possible to engage the services of a...more
A Singapore Sole Proprietor a type of entrepreneur who manages business on his own. He is the one who has the decisive authority and responsibility for all assets and liabilities belonging to the business. Singapore citizens or permanent residents; holders of Employment Pass, EntrePass or Dependants Pass may register a Sole Proprietorship....more
Singapore's MICE industry gathers momentum It's a rosy picture for Singapore's business tourism sector with the rebound of Singapore's MICE industry.Singapore's success in hosting corporate meetings, conventions and exhibitions has made it a meetings, incentive travel, conventions and exhibitions (MICE) hub in Asia-Pacific. Despite the...more
Singapore: The Number One Place To Start a Company A study shows that Singapore has been the best place to start a business. According to facts given by World Bank and IFC, Singapore is ranked as the best place to make business transactions. Why is it that Singapore has been considered as the garden of eden for entrepreneurs. Three reasons are: The government has paid tremendous attention to attract business man. Building a secure and conducive business environment is among the huge efforts made by the government. In addition, the government has also sufficient funds set aside for the facilitation of start up companies. Several young business practitioners have experiences since the universities send entrepreneurs to Silicon Valley so they can take absorb the kind of atmosphere they have. Singapore has the best infrastructure for doing business. Singapore's sets of law is created for the protection of intellectual and personal property. Furthermore, a workforce of highly intellectual and efficient workers are abundant in Singapore. It is convenient to establish a business in Singapore, and aside from that the legal system of the state is highly capable and trustworthy....more
View the Soul of Singapore from the iconic Singapore Flyer A popular tourist destination in Southeast Asia, Singapore is renowned for its tropical scenery, a fashionista paradise and hawker cuisine blending with stylish bars and restaurants....more
Beware dodgy landlords in Singapore Beware dodgy landlords in SingaporeLooking at the latest round of numbers, it appears as if more and moreexpats are becoming victim of dodgy landlords, bogus lease agreements,deposits that simply disappear...more
Shenton Way – leading Singapore to endless possibilities Singapore, the Lion City in Asia entices travellers with its exciting attractions, world-class shopping, cuisine and nightlife, arts and entertainment. The island is also considered a...more
Are you relocating to Singapore? Perhaps you are considering a move to the popular destination. Regardless, Singapore has become a popular place for business. It currently has four official languages: English, Malay, Mandarin, and Tamil. These...more
Singapore Condo - Pleasure To Live In The City Singapore, in recent years has grown into being a tourist hotspot It attracts a lot of tourists off late The several changes for the good , in general have escalated the property rates Policies...more
This sparkling country has earned a fairly sanitised reputation but is second to none when it comes to romance. In fact, Singapore is among the most favoured honeymooning destinations. A hot favourite evening destination for love birds is the...more