Top 3 Reasons Why Entrepreneurs Should Operate a Company from Singapore!
1. The incorporation of a company takes one week.
Singapore provides an environment free of red tape. In fact, you can register your company in Singapore in just one to two days! The fast turn-around is due to Singapore's open, digital and business friendly economy.
2. Compliance, banking, and accounting can ALL be done online.
Company registration in Singapore is easy and fully digitized. There is no need to be physically present in Singapore to incorporate your business. Registration can be done from the comfort of your home to save you time and money. Once established, you can still manage your company is completely online.
3. Maximize profits thru is three-year start-up tax exemption program.
The government of Singapore provides several incentives to promote entrepreneurship. The government provides a special tax exemption to startups for the first three assessment years.
Companies will qualify for the New Start-up Tax Exemption (“SUTE”) Scheme if the following conditions are met:
The company was incorporated in Singapore
The company is a tax resident in Singapore
The company has less than 20 shareholders.
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