Benefits When You Incorporate A Singapore Company

By Author: Ashley V.
Total Articles: 63
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Even with the rapid transformations of our economy, there are still a lot of foreign investors and entrepreneurs who are setting up businesses in Singapore. One of the main reasons being that, businesses can take advantage of the different tax benefits offered by Singapore; businesses can get a strong traction in the global market. Singapore provides a tremendous doorway to just about all of the major Asian markets. Because of its very nice setting, it provides an exceptional business atmosphere, global connectivity and high standard of living. Immigration policies are tolerant and firm and pro-active government provides attractive tax regimes. Other positive features are skilled labour, expert legal system and top-quality infrastructure of Singapore.

To give you a more detailed list, see below some of the factors which make Singapore a better place to set up a company:

Tax Incentives and benefits

There are low tax rates and benefits. The government just recently signed a law that reduced the income tax rate to 17 from 18 percent. Also, Singapore does not allow double taxation which means that one ...
... the company has been taxed, shareholders can receive their shares tax free.

Immigration Policies

Singapore EntrePass and Singapore Employment Pass are the two immigration policies that allow foreign investors/professionals to start a business in Singapore, be employed in Singapore, and even apply for a permanent resident status.

Workable Location

Airports and seaports are linked to hundreds of major cities in the world; permit businesses to directly way in the Asian markets including Taiwan, India, Australia and Malaysia. Because of this, of its very nice location, businesses can have the benefit of straightforward dealings with other countries.

Corporate Laws

A business can benefit Singapore's impressive corporate laws that provide tax incentives and limited liability to look after their individual assets from bankruptcy. Businesses can protect their patent and copyrights. There is no bureaucracy in Singapore which allows businessmen to register their businesses within a day or two.

Resource Box:

Asiabizservices is the leading Singapore Company Setup Services Specialists. It has successfully helped thousands of foreign entrepreneurs incorporate a Singapore company. Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD") If you're in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours.

Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions. If you are interested in learning more about Asiabizservices kindly email us at sales@asiabizservices.com or give us a call at +6563034614.