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Showing posts with the label Company Registration

What Makes Singapore The Preferred Place To Start A Business?

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  If you wonder if this is the right time to opt for company registration in Singapore? Then the answer is "Yes, it is!" Maybe knowing a few more things about why other entrepreneurs prefer company registration Singapore will clear the way for you. Why Opt for a  Singapore company setup ? Almost all of the countries have suffered due to the COVID pandemic. It has made people skeptical about their entrepreneurial dreams. However, you need to consider that a few of the countries are showing healthy recovery. Singapore is on the right recovery track. It is cashing in on the strength it can leverage from its world-class infrastructure, communication networks, excellent harbors and airports offering connectivity with the outside world and strong startup ecosystem. How to Register Company in Singapore for foreigner and Local Individuals Accounting and Corporate Regulatory Agency (ACRA) acts as the Company Registrar of Singapore and governs all aspects of companies. You need to appl...

Things to Do After Incorporation of a Company in Singapore

  You have to complete a few tasks after incorporating your Singapore company and starting your business activities. You need to set up statutory registers and open a corporate bank account. Experienced accounting services in Singapore can help you set up bookkeeping and accounting processes. A provider of taxation services in Singapore can assist you in registering for taxes likes GST and corporate tax and in tax planning. You also need to order a company seal, acquire business licenses and permits, pay the statutory contributions, take out business insurance, and buy or rent an office space. Tasks to Complete After Company Incorporation After Singapore company incorporation, complying with your statutory obligations helps streamline your workflow. If you are a first-timer, these post-incorporation activities may seem daunting at first. However, a professional corporate services provider can take the bite out of it. Appoint At Least One Company Secretary It is mandatory to appoint...

Company Incorporation is Easy in Singapore?

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  Company Incorporation is Easy in Singapore-Blog Is it easy to relocate or start a new business in Singapore? Yes, it is. Anyone over 18 years of age can successfully do company incorporation in Singapore. Even as a foreign entrepreneur, you can easily complete your business incorporation in Singapore. But, you will need the assistance of company incorporation services Singapore. Procedure for Company Incorporation in Singapore Company incorporation in Singapore is an online process. The authorities have streamlined it (only 2 steps) and made it easy. If you are a local, you can start it by visiting the BizFile+ web portal. However, many Singaporean business owners appoint company incorporation services in Singapore for the task. You need to apply to Accounting and Corporate Regulatory Authority (ACRA). It is the Company Registrar of Singapore and governs the companies in Singapore. Step 1# Register Company Name During the first step, your agent applies to ACRA and registers your ...

WHY YOU HAVE TO ESTABLISH YOUR BUSINESS IN SINGAPORE

  If you are searching for info on, " Why to register a company in Singapore ?" then you are on the right page. Go on, to read the reasons why other individuals have taken the decision. As per the  World Bank report 2020 , Singapore is the 2nd best place to do your business in. Mastercard Index of Women Entrepreneurs also listed Singapore at the 8th position in the list of countries best suited for women entrepreneurs. It is based on data UNESCO and the Global Entrepreneurship Monitor. ‍ Reasons for Settling Your Start-Up in Singapore For the last two decades, Singapore has successfully attracted entrepreneurs from all over the world. And there is still room for the individuals with creative business ideas to  incorporate a business in Singapore . It is still a place that supports and values dreamers and start-ups. Let's see why this country is a magnet for new start-ups and why you should choose it to establish your own. Read More on  https://companyincorporationsbs...

The reason behind registration of Flipkart in Singapore?

The business owners are always on the lookout for better opportunities. Sometimes they start looking for them overseas. During the last couple of decades, Singapore has come up as the most attractive destination for the investors and entrepreneurs. Why Flipkart Moved to Singapore? However, Flipkart did not opt for company incorporation Singapore because of the taxation. It happened because it wanted to raise more capital for its growth and the difficulties it faced. Its management wanted to raise the capital through IPO. However, in 2007, Indian regulatory agencies were not allowing loss-making companies to go for IPO. Another option was to raise it through FDI. However, at that time, players in the B2C market in India were not allowed to receive FDI. On the other hand, Singapore regulators have no objection to the loss-making companies registering on their Stock Exchange. The splitting of the Flipkart and then, moving on to Singapore allowed it to raise capital for its ...

Reasons to choose for Business Incorporation in Singapore

Modern companies are flexible in where they are located. They have found a great marketplace and home in Singapore. The experts have witnessed more than 17,000 foreign business incorporation in Singapore . Singapore is strategically located on the sea and air route between the East and West. It allows it to function as an Entrepot. The nation has capitalized on the opportunity and has come up as one of the favored destinations for entrepreneurs and foreign direct investment. Reasons for Conducting Business Incorporation in Singapore The country is politically stable and has a pro-business attitude. Its bureaucracy is honest, and there is hardly any red-tape to bother business owners. It has strong air-connectivity with the Asian markets and has sea-links with the major ports in the world. Singaporean is one of the best places to do business in. The country currently ranks 2nd for the "Ease of Doing Business" indicator in the report prepared by the World Bank. Let us see addit...

Start your business in Singapore for Better Solution?

Setting up a company in Singapore could prove to be the right decision for you. It is one of the main Entrepot that lies between the East and the West. It is a perfect location for starting an offshore business. Benefits of Opening an Offshore Business in Singapore Singapore authorities, on their part, does a great job in attracting foreign business and foreign direct investment. Read on the reasons why registering a Singapore offshore business is a better solution. Easy Company Incorporation The procedure to set up a company in Singapore is simple. Normally, you can incorporate a company in 1-3 days. You are allowed 100% shareholding in your company. There only three steps to complete: Company name approval, submission of incorporation documents, and registering your company with the Company Registrar, ACRA. A registered filing agent can help you with these steps. Lower Tax Rates You can save on taxes by registering a company in Singapore . The corporate and personal in...