Company Incorporation In Singapore

As an Entrepot between East and West, Singapore is an important part of the global supply chain. Entrepreneurs beeline to get the benefits of company formation in Singapore. The process is simple and short, and anyone over the age of 18 can initiate it. The benefits include ease of establishing a new company set up in Singapore, low tax rate, political stability, availability of funding and tax exemption schemes. What are the benefits of registering a company in Singapore? Low-Income Tax Rates Corporate Income Tax:  Singapore corporate income tax rates are low, and they range between 0%-17%. These are low when you compare them with the corporate tax rates charged by other countries. It enables companies to use the saved money for product development, marketing campaigns, market research, or to pay dividends to their shareholders. Personal Income Tax:  Singapore personal income tax rates range from 0–22%. It is a progressive tax. The rates applicable depends on your tax residen...

  Is the thought of company incorporation giving you sleepless nights? Well, there is no cause for you to hesitate about your  company registration in Singapore . Even if you are new to the Singapore marketplace, go ahead, as there are many experienced providers of corporate services to help you manage it.  Company Registration Singapore Singapore company incorporation  is a streamlined process. Still, locals, as well as foreigners, prefer to appoint a registered filing agent for the task. These providers assist an d  advise you with them every step of the company registration process, documents required, official ACRA fees, Etc. Some of the agents even assist you with post-incorporation activities like opening a corporate bank account with a local bank in Singapore. On the other hand, if you are familiar with the process, you can register your company independently. As a foreign entrepreneur, you will need to hire a reliable agent for the company incorporation....