Special Assistance For Singapore Company Formation


by Ken Wilson - Date: 2007-06-20 - Word Count: 664 Share This!

Incorporating a company in Singapore might be the smartest decision you can make when thinking about making an investment. If you decide to do that, we can help you with your Singapore company formation, as we are aware that your satisfaction has to come first. There are many reasons to choose us and there are many reasons to choose our country as the income tax Singapore is convenient for investors. The quality of our services is what you should take into consideration when choosing us, because we are ready to offer you efficient services at low costs, so that you can be completely satisfied. Professionalism and integrity are two necessary characteristics when working together, and this is what we offer, so that you can benefit from all the possible advantages.

You will need assistance in all stages of your Singapore company formation, so you have to know that you can count on someone with experience. Apart from company formation, we provide legal and economic assistance for accounting, bookkeeping, ongoing corporate services, payroll and visas that are necessary for your overseas staff. Just imagine how difficult it would be to do everything on your own, without getting advice when you need it for your Singapore company formation. Moreover, we are doing our best to offer you transparent services and fair fees, as integrity is one of our top characteristics. When incorporating a company here, you may need our help in finding some local staff that is compulsory and necessary, particularly if you are not going to become a resident of this state. Singapore company formation also includes finding local directors or shareholders, and we are able to name persons capable to work for you.

There are some important advantages offered for Singapore company formation, advantages that you might find only here. First, there is no annual tax for the first three years if your profits are up to 100K. In case your profits are up to 300K, there is a tax exemption between 50%-70% every year. Moreover, 100% foreign shareholding is possible, so you will have the possibility to be the only owner or to split your shares with a friend or a reliable partner from your own country. Singapore is the best place in the whole world to do business, and it is popular as the best place to work, live and play in Asia. All these and our help and support will guarantee the success of your Singapore company formation.

The economic environment of Singapore is one of the reasons investors all over the world choose to incorporate companies here. If the corporate tax rate used to be of 20%, now it has diminished, so you will not have to pay more than 18% every year. Income tax Singapore is what makes this country the perfect place for small to midsize companies all over the world. A great thing is that since the beginning of January 2004, no foreign incomes of individuals in Singapore are taxable anymore. However, if your income comes through a partnership in this country, you will have to pay taxes. Income tax Singapore depends on your personal income, but if it is under 20,000, the tax rate is 0%. This way, the tax rate you will have to pay goes from 0% to 20%, depending on your personal income, and this rule applies to individuals who are residents of Singapore. In case you are not, income tax Singapore is stable at 15%.

Income tax Singapore is what makes investments here so profitable. Foreign people who work here will have to pay the same income taxes as any Singaporean person, unless they work here for short terms. As you can see, opening a business in Singapore is probably the best choice you can make when deciding to make a foreign investment. We would be glad to be the ones to assist you, because no matter what country or city you are from, you have the possibility to set up your business in Singapore.

Related Tags: company formation, business in singapore, singapore company formation, income tax singapore

In case you are interested in finding out more details about income tax Singapore, we can provide you reliable advice here, on our website. You can also learn more about Singapore company formation and about the things we can do to help you be successful here.

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