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Register a Company in Singapore Register a Company in Singapore

now, much people want to do business in Singapore,? here is the benefit if you Register a Company in Singapore :

1) The registration fast, easy and profitable

the first benefit if you Register a Company in Singapore, Record the name of the company is done with ACRA (Accounting and Management Company Regulation) which you can approve (or reject) the names of companies in just one hour. If all necessary forms and documentation are prepared in accordance with the prerequisites, the registration process only takes about an hour to complete. Full foreign ownership is permitted and the minimum paid up capital of S $ 1.00 only. Furthermore, only one director and one shareholder is required and may be the same person.

2) generous tax exemption

The profits earned outside Singapore enjoy statutory tax exemption, due to global treaties (with about 60 countries), so local companies to avoid double taxation. New companies are exempt from the first three years worth of capital gains, after the rates begin to differentiate between 8.5% (for income of S $ 100,001 to S $ 300,000) 17% (300,001 S dollars or more). Personal income tax increase exponentially from a low of 3.5% to 20% of the income of over S $ 320,000. Singapore also charges the lowest rates of VAT at 7%, well below the world average of 16.4%.

3) Strategic location and world class infrastructure

Located in the spotlight of the international world trade routes, the island republic is also one of the more developed countries for business, finance and banking, hence the reason why many multinational companies flock here to be at the forefront of international business. To create a company in Singapore means access to a world-class infrastructure of an advanced telecommunications network, technology, transportation hubs and other broad class services.

4) Ease of migration for Foreigners

Foreigners encouraged to invest and establish their businesses here in the hope that it will add to the existing talent pool which offers world-class. A Entrepass is readily available for foreigners to legally operate a business in Singapore. Financial aid is readily available and successful applicants (and their dependents) are often rewarded with a Permanent Resident (PR) if the state were made prominently in their respective businesses.

5) High Standard of Living

tthe last benefit if you Register a Company in Singapore, Singapore is a rapidly evolving with unparalleled medical care, living standards, education system and a thriving social scene. It is considered one of the safest cities in Southeast Asia as well as least corrupt five cities in the world. Singapore has a very high literacy rate and English, the most popular business medium, is ubiquitously spoken. Historically and culturally, Singapore has an East and West charm to suit all tastes.

that is about Register a Company in Singapore,source :

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Register a Company in Singapore

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