Singapore might be your perfect choice if you are considering expanding your business beyond your country and entering new markets and geographical locations. Singapore has been an ideal location to start your business, so there has been a lot of rush in there that is only increasing daily. Company registration Singapore is the right decision you can make to grow your business.
Why set up your company in Singapore?
You don’t have to think twice once you have decided to incorporate your company in Singapore. The reasons behind this are:
- Tax system
Local and foreign companies in Singapore are charged the same tax, 17 percent of their income. The tax is comparatively low than the other countries. The tax benefits extend beyond this.
- Easy to navigate the business world
The economy of Singapore is one of the strongest in the world, with English as its official language that has made it more accessible for foreigners to start their businesses. Even if you are having issues, company setup Singapore is more accessible with company incorporation services.
- Favorable policies
Company incorporation and registration in Singapore is a swift breeze because of the favorable policies. These policies can help you launch your business.
Requirements for new company registration
Singapore’s ACRA – the Accounting and Corporate Regulatory Authority make it mandatory that all companies must be registered under the Company Act and abide by the acts’ rules and regulation.
The setup requirements are the following:
- Minimum one shareholder
- One resident director
- One company secretary
- Paid-up capital of $1
- Locally registered address
Setup, register and incorporate your company with ease
There has been a wide range of choices when choosing a service provider to help you with the registration or incorporation process. The BoardRoom is one such service provider that is different from others in the ways mentioned below:
It has a rich experience of almost half a century and a proven excellence track. It has helped thousands of companies carry out their Asia-Pacific operations.
- Local knowledge
The company’s team have the required skills, experience, and knowledge about the local market to help you navigate the business area.
- Quick responses
The service provider has experts that help you find business solutions according to your suitability. The responses are quick.
It is reliable and trustworthy, as you can check the online reviews and testimonials of the existing clients.
If you have no idea how to go through Singapore’s business world, policies, and other things, you can ask for help from BoardRoom.