Singapore Offshore Company
A Singapore offshore company provides several benefits to corporations and organisations all over the world. Some of the major advantages in having a Singapore offshore company are listed below.
A Singapore offshore company provides several benefits to corporations and organisations all over the world. Some of the major advantages in having a Singapore offshore company are listed below.
Singapore is highly reputable for its efficiency, lawfulness and for being one of the least corrupt countries in the world. It is up to date with the latest in technology making it a very digitalized country.
Experts agree that finding suitable instruments for investment holding has been a long and on-going struggle. To make matters worse, recent world economic events have lead many global financial institutions to take more stringent and preventive measures to screen the simple acceptance of funds from undesirable sources. Internal policies implemented by many banks now stand as obstacles for offshore companies that wish to open new bank accounts.
The hallmark of doing business in Singapore is that great emphasis is placed on executing high levels of corporate governance. Singapore’s institutions are constantly working towards building corporate governance and the recently announced measures by Singapore’s Accounting and Corporate Regulatory Authority, ACRA, demonstrates this vision. In a bid to encourage Singapore companies to voluntarily comply with regulatory requirements, ACRA has introduced three non-penal measures to tackle the issues of timely preparation of annual financial statements, holding of Annual General Meetings (AGMs) and filing of annual returns.
Entrepreneurs! Here’s your chance to beat the downturn and move to Singapore to setup your business. You can apply for Permanent Residency. Permanent residence has many benefits.
Singapore retained its #1 position as the economy that is most open to trade in the world, followed by Hong Kong, Denmark, Sweden and Switzerland. The Global Enabling Trade Index covers 125 economies worldwide and measures their institutions, policies and services that facilitate the free flow of goods over borders. It breaks the enablers into four issue areas: market access, border administration, transport and communications infrastructure, and business environment.
Most businessmen are alarmed to hear that 80 percent of small businesses fail within the first five years of being started. So why does this happen? The main reason why small businesses fail is poor planning.
Virtual offices help you establish your business just about anywhere in the world. With the prevailing economic conditions, the region you choose will play a key role in ensuring you get plenty of business from your targeted clients. When you decide on a virtual office location, your business type/industry should be factored in too.
Should you start your business in Singapore or Hong Kong? To make an informed choice learn about the basic incorporation requirements, compliances, timeline, corporate taxes, government fees and foreign ownership in Singapore Vs Hong Kong.
Singapore is evolving into an entrepreneurs Mecca, proximately located to the emerging Asia, ever expanding free trade area, converging ASEAN, efficient infrastructure are not the only reasons but the governmental policies that favor the entrepreneurs and investors alike. Global Investors Programme administered by the Singapore Economic Development Board (SEDB) is one such one which attempts to ease the entry and of relocation investors, to enable them to setup and develop their business.