What You Need to Know About Doing Business in Singapore

One of the best countries for doing business is Singapore. What it’s like to do business there and what you need to know, see Singapore business incorporation.

Singapore has one of the best tax systems in the world. There is no double taxation, effective corporate income tax rates are very low, there is no capital gains tax. Taxes for your company are minimal, so most of the earnings stay with you and your employees. Once a year, a financial report must be submitted to the appropriate accounting and corporate regulatory body. Because of these tax facts, many business people choose to set up their companies in Singapore.

Singapore business incorporation will help you find out everything you need to know about setting up a company in Singapore. We have described in detail everything you need, which documents, everything you need to know about the director, about the company secretary, then about the shareholders. It is very important for you to know who must be domiciled in Singapore and who can be a foreign national. You can also read about what your company name should sound like, what words you shouldn’t use, so you don’t get rejected.

The important thing is, what is the minimum share capital that needs to be paid when registering the company, and what currencies are allowed as share capital. Of course, you will find out to which institutions you have to submit all the necessary documentation that you have collected for the establishment of your company. There are no restrictions on companies opening in Singapore, unless they are in the financial services, education and media industries.

If you want to know everything about doing business in Singapore, one click on Singapore business incorporation is enough. All the necessary information can be found here.