What is an incorporation package in Singapore

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 […]

read more

Plan Your New Company

If you’re interested in starting your own company, but don’t exactly know how to get started, you’re in luck. There are a lot of resources out there for people trying to start their own business. And you’re not alone! Most people find that the job they are dreaming of does not exist – either it […]

read more

Why create your company in Singapore

Why create your company in Singapore ?! Well, the emerging economies of India, China and other South-east Asian nations have ensured that an increasing number of companies are moving in this region to take advantage of large domestic markets, cheap labour availability and booming infrastructure. And standing firm on the pillars of low corporate tax […]

read more

Why use an accounting service in Singapore

Accounting in Singapore The Singapore Companies Act requires all companies in Singapore to maintain proper books of accounting. Following the associated guidelines and protocol for these books can be quite difficult, so many Singaporean companies opt to hire an accounting specialist to assist with accounting, payroll, and GST registration. Most accounting services in Singapore are […]

read more

What are the administrative steps a company needs to follow the first year after incorporation in Singapore

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 […]

read more

How to incorporate your company in Singapore

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 […]

read more

1.3.1 The Business Plan

After your idea is done, the next step is to create a business plan. What is a business plan? A business plan is just that, a plan on how to execute a business! You need it for the nitty and gritty of your business. If you rush into business without a concrete plan, you could be courting disaster. As the saying goes, failing to plan is planning to go.

read more

Why do you need a local director for your company in Singapore?

All companies in Singapore must be registered with the Accounting & Corporate Regulatory Authority (ACRA) and abide by the Singapore Companies Act. The key requirements for registration of a company in Singapore include: at least one shareholder (individual or corporate entity) at least one resident director one company secretary initial paid-up share capital of at […]

read more