Assistance in Singapore

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If you are a company and you are considering, which many do, to registering the company in Singapore, you may need some assistance in doing so. Fortunately in Singapore there are businesses like which specialize in assisting foreign companies to register. Some of the areas where a company may need assistance is in finding a suitable director; one that meets the Singapore government requirement. Also a company may need assistance in finding a suitable corporate secretary as they too have to be approved by the Singapore government. Obviously a company will already have at least one director but unless one of those current directors has a valid employment permit for Singapore, another director will have to be nominated, one that is either a Singapore citizen or at least a recognized permanent resident in Singapore. As for the corporate secretary, the requirement is that it has to be a Singapore national. As getting a director an official employment permit may not be too hard, providing the Singapore government with the name of a director may not be too difficult but, as the corporate secretary must be a Singapore citizen; that may be a little more difficult however, you are permitted a 6 month grace period in which to find someone suitable. The corporate secretary must be proficient as it will be them that will keep the official records of the company, required by the Singapore government. Another aspect which you may need assistance with is finding suitable office space as, even though you may not have considered opening an office in Singapore, the government insists that you do. You will therefore be required to provide the government with a proper Singapore address for a company office which will be open during usual Singapore business hours.
Singapore is considered to be one of the best countries in the world to either live or do business in and is the third wealthiest country in the world, according to Forbes Magazine at least. That and the fact that the Singapore political system is considered to be stable, makes Singapore a great place to operate from or at least have an office in. Perhaps the main reason so many foreign companies register in Singapore though has nothing to do with the living conditions but more to do with the country’s low tax rates for businesses. The Singapore government actively welcomes foreign companies to register with them and so keep their taxation rates low as an incentive. Another advantage of doing business or having a business in Singapore is the fact that it is considered to be the best country in the world in which to find a qualified workforce. Its perhaps unique location on the main shipping routes between the east and the west is of course yet another advantage as both companies from the east and west are located in the country, making doing international business in Singapore far easier than it is in many other locations around the globe.

Choose Singapore For Your Business Pursuits

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Singapore is an ideal place for business. It’s basically where there are frequently lots of tourists that come over from different countries around the globe. Also, it’s the country that has many wealthy citizens that can afford pricey products and also services that many may consider to be costly. It also has fine roads and various transportation modes that are ideal for shipment of goods. In fact, Singapore has flexible taxation for entrepreneurs since the government of the country is attracting business owners constantly. In addition to that, it’s pretty easy to do business in the place mentioned because most of the citizens there are familiar with the English language which internationally recognized. However, there are numerous things that have to be done before any enterprise could be established in Singapore. To find out what they exactly are and also learn more about why the country is ideal for creating a company, please keep reading the things mentioned under.

For you to conveniently have your Singapore Incorporation handled, you could try making use of the internet to find professional incorporation agencies that help entrepreneurs relocate or start their enterprise in the said country. Have a look at different groups before committing to one since incorporation involves time expenditure and spending money and you have to avoid getting aid from a company that would trick you into doing things that won’t actually help you out. It is imperative that you only obtain assistance from reputable companies that have managed to help their clients move their company to a foreign land or start an enterprise abroad. You could contact the Better Business Bureau for help or you could just simply read reviews and ask people online. Instead of simply depending on a company alone, though, you may want to know what needs to be processed so that you’d be one hundred percent sure that you won’t forget anything important or have everything handled.
Prior to being able to establish a corporation in Singapore, you still need to look for shareholders. Look for capitalists who may be able to provide you with the money that you require to launch a company and also search for individuals who could really commit to doing business. Aside from that, you should look for a couple of qualified Singaporeans who could be the director and also secretary of the enterprise that you wish to put up. If you’re going to relocate your whole company or start a branch in the country pointed out, even if you know Westerners who can get things done for you, you really ought to look for Singaporean citizens to hold positions for your company for you to be allowed to run a company in Singapore. Also, of course, you have to create a corporate bank account that your shareholders could have access to or that you could utilize for your enterprise.
If you’d do business in Singapore, you may be able to earn lots of money because you could sell to individuals who are wealthy and are willing to shell out money to get things. Also, the country is economically stable so you may be able to have a company there that would truly last for a long time. That’s why, if you’re interested in putting up a corporation abroad, this is the country that you should pick for your business site.