Singapore is a famous country that facilitates national social and economic welfare due to the preferable business-running conditions. The digital and low-bureaucratic regulatory principles simplify the registration, operational, and winding-up activities. Thus, the corporation set-up in Singapore contains many benefits, including: advantageous taxation terms, the prospective location for access to the global markets, the strong
Singapore is called an economic miracle due to a liberal tax system and rational national fiscal policy dedicated to the overall social and economic welfare. Hence, the government’s loyal taxation policy established upon the state’s independence has enabled it to lead the country out of the status of a low developed economy to the highly
How to set up an import-export business in Singapore? Singapore is a world-class player in world trade. Its strategic location in Southeast Asia and extensive air and sea links to facilitate interregional and global trade has made it a major trading hub in the global supply chain. It is currently ranked 14th in the world
As a licenced company secretarial services provider, we are often asked by clients on the specific requirements for setting up their Singapore company. These questions range from matters such as: Who can be appointed as a director/shareholder of my Singapore company? Do I actually need a company secretary, or can I carry out these functions?
There are two categories of visas allowing a non-resident to act as a director of a Singapore firm, S Pass and Employment Pass. Both are valid work visas and will enable you to stay during their validity period. The S Pass visa is designed to provide an opportunity for business people to enter and remain
Singapore plays a key role as a business epicenter in Asia and is uniquely positioned in the global economy as a gateway to the rest of the Asia-Pacific region. With its low tax rates, skilled English-speaking workforce, respect for intellectual property rights, and strong business and investment opportunities, this is undoubtedly one of the most
Rapid economic growth attracts investors to China and private entrepreneurs who are ready to develop production and service companies in the country. Those interested in opening new business in China should decide on the field of activity and then on a specific region. At the same time, ensure that the type of activity you are
What is the GST? It is a unique tax registration number for the supply of goods and services in the countries where the GST operates. By the GST regime in force in some countries, all registered taxpayers are combined into one single platform within each country to comply with legislation on goods and services tax.
Company name registration Singapore is one of the promising ways to start a business in Asia. The Republic of Singapore is one of the Four Asian Tiger Countries that have shown very high rates of economic development. The city-state is located in Southeast Asia and borders Malaysia and Indonesia. Among the main advantages of the
Singapore, as a state, was formed relatively recently. Due to the need for large-scale investments, the country’s authorities decided to provide banking services to clients worldwide. Singaporean banks have an extremely high level of confidentiality, security of funds, and quality of services to achieve world-class competitiveness. Over time, the banking sector has developed so much
In the giant Chinese market, you can find many inexpensive and high-quality goods and get inspired by China business ideas. China can be compared to the world’s factory, where virtually everything that can come to mind is produced. The ‘Made in China’ inscription can be found on almost all products in the middle and cheap