Setting up a company in Singapore
Many Entrepreneurs find Singapore a lucrative country to start their operations, since funding and mentorships are readily available in Singapore. It is one of the few countries in the world where business can be setup easily and owners can expect a reasonable profit.
Benefits of setting up a company in Singapore
1. Hub of Technology
Particular in fields of IT, mobile apps, social media, gaming, Singapore is a perfect test bed for Indian Companies, since its majority of the population is tech savvy.
2. Location
Setting up a company in Singapore is quiet profitable since its location ensures top notch connectivity. Its port is one of the busiest in the world.
3. Tax Benefits
Under Singapore government’s Start-up Tax Exemption (SUTE) scheme, new-incorporated qualifying companies in Singapore are eligible for tax exemptions of up to 100% on normal chargeable income of up to S$300,000 for each of the first three consecutive years of its operation. Moreover there are other benefits such as Corporate Tax Rebate scheme, no tax on dividends, and the Foreign Tax Credit (FTC) pooling system, are added advantages.
4. Flexible Immigration Policies
The Singapore government provides several tax incentives on foreign sourced income to attract more companies to set up their operations in Singapore. Therefore a lot of foreign investors are attracted to Singapore.
Singapore is leading business hub in Asia, thus an ideal destination for the companies aiming to tap major Asian Markets including china, Taiwan, Malaysia. While setting up a company in Singapore requires the right strategy and support.
Our Business Incorporation Services Include:
- Company Incorporation
- Virtual office setup
- Bank Account Opening in Singapore
- Singapore Auditing and Accounting services
- Tax and DTAA Services
- Director Services
Why choose us?
Anbac Advisors, with 10 years of experience has helped companies from startups to SMEs to big companies to incorporate in Singapore and other Asian Countries.
Our experienced consultants work closely with your team to understand your business need and customize solutions to suit your requirements, for setting up company in Singapore.