Singapore has been consistently ranked among the top best countries to set up a business in for a variety of reasons. A recent report by the World Bank in 2017 listed Singapore as the second easiest country in the world to do business in, coming in just behind New Zealand. Still deciding which country you […]
read moreSetting up a private limited company in Singapore is an excellent option for the startups and small business owners. It provides them with limited personal liability, credible brand image, ability to raise funds for future expansions, access to tax exemption schemes, etc. And, a Pte Ltd, unlike a proprietorship or partnership, has perpetual existence.
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All set and ready to go? The next step would be to make it all official by incorporating your business and turn it into a legal entity! But you may have a question in mind. Why should I incorporate my business? Why can’t I continue doing business without incorporating it? Well, in this article, we […]
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What is an incorporation package in Singapore With no capital gains tax, robust IP protection, and one of the lowest corporate tax rates in the world, Singapore has topped the World Bank’s Ease of Doing Business index year after year. In addition, 75 comprehensive double taxation agreements and 8 limited treaties dealing with income from […]
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What Corporate services your company needs in Singapore?! Here we provide the answers you need to know… First, what are these corporate services? Well, corporate services are activities that combine certain enterprise-wide needed support services, they are provided based on specialized knowledge, with best practices and technology to serve internal (and sometimes external) customers and […]
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Which bank is best? The ACRA requires that businesses in Singapore set up a bank account. It can get a little confusing given that there are so many options to choose from. We’ve ranked the top four banks in Singapore: DBS, Maybank, OCBC, and UOB as well as great new solution : Transferwise. What we […]
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What are the administrative steps a company needs to follow the first year after incorporation in Singapore…? There are a number of administrative steps and tasks that a new incorporated company has to complete before and after it starts operating. Some of the tasks are related to regulations, such as buying a company seal, setting […]
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What does a secretary service in Singapore All companies incorporated in Singapore must fulfill a key requirement of appointing a company secretary who must be a resident of Singapore. If the company has only one director, he cannot act as a company secretary. However, if the company has more than one director, one of the […]
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How to incorporate your company in Singapore…? In order to set up a company and start doing business in Singapore, the company must first be incorporated.The following information is required by Accounting and Corporate Regulatory Authority (ACRA ) when incorporating your company in Singapore: Company Name Brief Description of Business Activities Shareholders’ Particulars Directors’ Particulars […]
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Choosing the right type of business structure is a key decision when registering a business. The type of business structure will affect the taxes payable, accounting, financing, ability of business expansion and personal liability of directors. Before registering your Singapore business with the Accounting and Corporate Regulatory Authority (ACRA), you should first conduct research and […]
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