How To Choose A Business Name That Complies With ACRA Company Registration Standards Singapore is a host country to many single proprietorship and private limited companies. Owing to Singapore government’s cultivation of a pro-business environment, start-up businesses owned by first-time entrepreneurs do not face the daunting task of complying with the Singapore Accounting and Corporate…
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Productivity and Innovation Credit The Productivity and Innovation Credit (“PIC”) was introduced in the Singapore Budget 2010. PIC has been enhanced in Budget 2011 to provide tax benefits for investments by businesses in a broad range of activities along the innovation value chain. The tax benefits under PIC will be effective from Years of Assessment…
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Foreign companies that want to have a business presence in Singapore can setup a Singapore branch office that is treated as an extension of its parent company. With this arrangement, the head office has a direct liability for all the activities of its Singapore branch office. This business formation is considered as a non-resident entity which means that it is not eligible for any tax benefits and exemptions which are typically enjoyed by local companies in Singapore.
With a reputation for “getting things done” and being the world leader in foreign trade and investment, it is certain that Singapore has a backbone of infrastructure, policy and culture by which businesses can prosper. Singapore is not only the easiest place to do business in the world (according to Doing Business 2009 Report) but it is also the most competitive country in Asia (according to the World Economic Forum’s Global Competitiveness Report).
UK company formation agent has online service providing system. They are accessible over the Internet. The speed of forming a company gets speedier if it is incorporated online.
The article provides some key points about Singapore offshore banking. Included are benefits of offshore banking in Singapore and some general advantages Singapore provides for investors and entrepreneurs.
People who are interested in Singapore company incorporation can find out everything they need to know about the process of starting a business here. We are the ones able to help you during the process of incorporation and we can help you by providing the information and the documentation you need for opening a Singapore bank account. If you do not want to throw money away and if you do not want to spend too much time with papers, we can help you incorporate a new Singapore company fast and efficiently.
What is Auto-Inclusion Scheme for Employment Income Company with 30 or more employees has to file their staff employment income via IRAS with e submssion Under the Auto-Inclusion Scheme (AIS) … • Employers submit employment income information to IRAS electronically • IRAS will pre-fill this information in the employees’ electronic tax returns • When the…
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Singapore is one of the biggest financial hubs in the world. It is a huge player in world trade and has the world’s fifth busiest seaport.
The success of Singapore as an offshore banking hub is a result of the country’s economic stability, security and business-friendly practices. The country’s taxation rates, which are among the lowest in Asia, its rating as a grade A offshore center and its relationship with many major international financial institutions are just some of the factors that make Singapore an ideal offshore banking center. Is a Singapore Offshore Account for you?