subject: Singapore Corporate Services Can Prove Very Useful When Stating A Business In Singapore. [print this page] Are you planning for your business extension in Singapore? The very first step that you are required to take is collecting all business related information. This is a must while opening a new business in a foreign country. This becomes even important for those, who are completely new in the corporate world. With rapid glottalization and constant changes in economy, a good number of businessmen are setting up their business across countries over the world. Two basic reasons support this cause:
In the International market, business can get a strong foothold
It gets the chance to enjoy the advantages of the tax benefits especially offered by foreign countries.
Though there are many countries that you can select to setup your business, presently Singapore corporate services stand high in the list. There are certain reasons that support the fact of expanding or opening a new business in Singapore. It is said that only Singapore is a country where east meets the west, offering global connectivity. Thus this opens the ways for a pro business environment. The options does not end here as there are good scope for a business environment, offering liberal immigration policies, good tax packages, efficient labor services, high end infrastructure, an efficient legal system and a very responsive, active and stable government.
So if you are the business person working on business strategies or thinking why setting business in Singapore, then the following supportive factors will guide you to get the answer.
The Location of The Country:
The location of Singapore is one important reason behind the place being so favorite among business people across the world. Being strategically located at the heart of ASEAN (Association of South East Asian Nations), the country's sea linkages easily support any business to access around 2.8 billion people just within a seven hour flight radius. This supports the cause for inter-regional and intra-regional trade.
Pro-Business Environment:
Since the country has got a pro-business environment, the Singapore corporate services attract foreign investments and business entrepreneurs globally. Thus the country offers an environment very supportive to give shape to your ideas towards bigger profit margins. Different government bodies in the country provide full support at every step of business growth. This is why setting up business in Singapore is easy from many other countries in world.
The companies seeking for registration does not require to be from Singapore. However it is required to go for Singapore Company Registration or to apply for an Employment pass if they are planning to incorporate themselves in day to day business in Singapore.
The Government Business Department:
The Singapore corporate services gets a good backing from the Government Business Department, that offer very useful information and tips on starting a business in Singapore. The kind of support offered to different corporate setups includes links to government assistance schemes and visa arrangements, as well as working and living rights in Singapore.
The Government Business Department is also a body that provides the Singapore corporate services government-to-business contents and e-services, combined from 30 indigenous government authorities.
Thus setting up corporate services in Singapore could prove very useful with the government being very encouraging to the private sectors for all kinds of innovative starts.
