Many businesses are looking at Singapore for growth and expansion. It has many things to offer those starting up and those that have an established presence in the business world. For some, it may be advantageous to open a Singapore branch office. Here are some pros and cons to consider.AdvantagesIt is a good way for some companies to get started in Singapore business relationships. This is especially true for smaller businesses. It may not be...more
There are a lot of advantages to a Singapore Subsidiary registration. However, many people may be unaware of the differences between a subsidiary and a branch office. It is important to know what the differences are. In this way, you may take full advantage of your opportunities.SubsidiaryA subsidiary is a separate entity or business. If a foreign business registers a Singapore subsidiary, it will be separate from the foreign business. This means...more
Most business registration specialists in Singapore believe that a subsidiary company is the most ideal setup for foreign companies planning to operate in the country as it provides countless of advantages especially in terms of taxes. Essentially, a subsidiary company is a private limited company with a foreign corporate entity as its major shareholder instead of a local business organization. But still, this business structure is considered as a local tax resident since it is incorporated in the country. Being a tax resident, a subsidiary companyeven if 100 percent owned by a foreign business entityis eligible for all the local tax benefits and exemptions.(Note: While a subsidiary can be owned 100 percent by its foreign parent company, it can have up to 50 shareholders who may be a local resident or foreigner.)Within three years of its incorporation, a subsidiary company enjoys Zero Tax on its first S$100,000 chargeable income and another 50 percent tax break on its succeeding S$200,000. But to qualify for these tax exemptions, this company should have one individual shareholder who owns a minimum of 10 percent shareholding and should practice its management and control in...more
Nfl jerseyssupply store report:Pittsburgh Steelers star Troy slope Lama Lu Zhongwei (Troy Polamalu) on Monday renewed a value of $ 30,190,000 in the four-year contract, making him the team's highest-paid player in history, but also become Alliance one of the most expensive defender.The Steelers will have multiple locations competent...more
Shopper's Mecca, entertainment hub and a city by the sea are just some of the adages Singapore is synonymous with in the world of travel. But the Lion City is fast gaining a reputation among thrill seekers young and old as one of the best places in Asia to experience break neck speeds and adrenaline inducing activities. This new...more
The Formula One World Championship is heating up as the season nears its completion! There are five drivers who could possibly win the title and they are all separated by fewer points than can be claimed for winning a race, and this weekend we return to Singapore – the site of the biggest scandal in Formula One in recent years. The Singapore race was first held as part of the Formula One World Championship in 2008 and that race was won by one of this season's title contenders Fernando Alonso in a Renault. Alonso started the race in 15th and went on to win the race following a safety car period after his team-mate crashed when he was the only driver to have stopped for a pit stop. This allowed Alonso to control the race from the front, however it later emerged that Renault had order Alonso's team-mate, Nelson Piquet Jr., to crash on purpose to allow Alonso to win the race. Following an investigation, several members of Renault were banned from Formula One and Renault were handed a suspended ban from F1. While we don't expect to see anything of this level of incident at this season's race, the top five drivers will all be battling for the race win and there should...more
With its attractive corporate law and world-class infrastructure, Singapore has always been considered as one of the most recommended business centers by the international community.Currently, there are three business structures a foreign company in...more
The Singapore Zoo is a must visit attraction in the beautiful island of Singapore. Home to more than 3600 birds, mammals and reptiles of both common and endangered species, the venue is modelled on the ‘open zoo' concept and is...more
The Singapore Flyer is recognized as one of Asia's engineering wonders and is renowned for being an iconic landmark of Singapore. This magnificent giant observation wheel is the largest in the world, offering visitors panoramic views of...more
The authority that regulates and facilitates business entities and public accountants in Singapore or the official Singapore company registrar is the Accounting and Corporate Regulatory Authority (ACRA). Moreover, it plays a significant role in...more
The private limited company is the most common type of company that is incorporated in Singapore as it provides countless of benefits to both local and foreign businessmen especially in terms of taxation, limited liability, and...more
It is interesting, how so many of us long to owning property or invest in other countries but we just do not know how to go about it.You will agree that for you to own property in a country like Singapore it is challenging and costly at...more