Singapore Company Incorporation
Singapore Company Incorporation offers cost effective business solutions for companies and entrepreneurs wishing to establish a presence in Singapore, ranked as the most competitive place to do business. Singapore consistently scores high marks in global and regional rankings of the factors that matter to businesses. These range from political risk to workforce productivity, from the quality of life to the prospects for making profits. The World Bank Report ("Doing Business in 2008") ranked Singapore 1st for the second year running, in the ease of doing business while the Institute for Management Development (IMD) yearbook 2007 ranked Singapore the 2nd most competitive country in the world.
Singapore offers a top-ranking, globally-connected, pro-business environment with a strong and stable infrastructure to boost and sustain exceptional growth and success in a myriad of industries. In addition, the diverse and comprehensive suite of world class solutions, resources, competencies and talent help businesses thrive and triumph in today's competitive market. Singapore aims to become a recognised gateway for entrepreneurs and technopreneurs in the Asia-Pacific and the world.
It is very easy to start a business in Singapore thanks to entrepreneur friendly policies and highly-simplified procedures. Our team in Singapore offers a comprehensive range of business support services for clients wishing to establish a base in Singapore.
Singapore scores high on these factors, making it a popular destination for business setup. It is a platform where East meets West and it provides an excellent gateway to nearly all of the major Asian markets. It offers global connectivity due to its strategic location, a pro business environment, attractive tax regime, liberal immigration policies, skilled and talented labour force, world-class infrastructure, an efficient legal system, high quality of living and a responsive government.
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Singapore Company Incorporation At a Glance
- Excellent tax benefits from small-to-midsize companies: 0% taxes on 100K annual profits (first 3 years), approx. 9% tax on annual profits up-to 300K
- Low overall tax rate of 18% on profits above 300K
- Zero taxes on capital gains in general
- We can incorporate a Singapore company in one day
(after incorporation documents are signed by you)
- 100% foreign shareholding allowed
- Minimum paid-up capital of $1 only
- Singapore rated as #1 in ease of doing business in the world
- Singapore rated as the best place to work and live in Asia
- Immigration visa (entrepreneur pass) available for company owners wishing to relocate to Singapore to run their new Singapore company
Procedure and timeline for Singapore Company Incorporation
The basic steps are as below:
- Get company name approval
- Prepare registration documents
- Client to sign company registration documents
- Register company
- Open bank account
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