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Showing posts with the label Company incorporation Singapore

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...

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 ...

Early Company Incorporation in Singapore Gives You An Edge

Entrepreneurs are always on the lookout for a jurisdiction, which will make it easy for them to do business. They look for low tax rates, protection for their business ideas from copy cats, and comparatively easy compliance. It is the reason why they opt for company incorporation in Singapore . The country ranks 2nd in the 'Ease of Doing Business' indicator in the report compiled by the World Bank. The company incorporation Singapore, by design, is an easy process. If you have the right documents, you, as a local or foreigner, can easily accomplish it within 1-3 days. Registering a sole proprietorship takes even less time.  However, business owners mostly go for private limited company registration . This is a dynamic business or legal structure that scales well with a growing business. It has its benefits. Let us know more about it.  Private Limited Company Registration Entrepreneurs, whenever possible, try to minimize risk and their liability. A private limited com...

What is CorpPass Account? How to Register it for Your Business in Singapore?

  Singapore wants to be known as a Smart Nation. It uses easy to access and secure online portals or websites to provide eServices to its businesses and citizens. BizFile+ portal used to for online  company incorporation Singapore  is one such eService. The businesses need to create their  CorpPass account  to access eServices and transact with government agencies online. These eServices have, to a great extent, eliminated physical visits to government offices, paperwork and are instrumental in saving resources. What is CorpPass? CorpPass (Singapore Corporate Access) is a corporate digital identity for Singapore businesses. As per the dictate, it is the only login method available for the businesses to transact with the agencies like  IRAS . CorpPass is also binding for the other entities, like non-profit organizations & associations. CorpPass is more convenient for the business owners and their employees to access digital eServices to fulfill their com...

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...

Cheap Singapore Company Incorporation Fees with a Combo Package

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Are you scared that you will waste the  Singapore company incorporation fees  if you start your new company now? As per the experts, now is the right time to do it. The global economy as an entity has posted a good performance in Q1 & Q2 2017. The Developed and Emerging Markets are showing broad based growth. There is hardly anything to worry about? Time to Hire Singapore Company Incorporation Agent Singapore, too, has had favorable Q1 & Q2 2017 and the rate of growth is more than expected. Yes, the economy is shedding its sluggishness and is picking its pace. It is a good idea to start talking to one of the  Singapore company incorporation services . A number of them have affordable  Singapore incorporation packages  for their local as well as foreign clients. The  Singapore company incorporation fees , right now, are at their most affordable level. The recessionist environment that sort of took hold of Singapore for the last couple of years was in...