Singapore is a multicultural city that is quickly becoming the most important international business hub of the world. You will find all types of businesses setting up in Singapore from investment firms to franchise food businesses. Singapore welcomes new business ventures with open arms and makes it relatively easy for you to begin your exciting new journey.
Business in Singapore
Starting a business in Singapore may be easier than any other country. You will not be required to seek approval from the government unless you wish to open a bank or other types of financial institutions. You will not be restricted in moving your finances and funding in and out of the country. The government is highly lenient on foreign investment and all businesses are able to be 100 percent foreign owned... read more
Singapore is considered as one of the leading countries that continue to reduce corporate tax rates while introducing several tax incentives for the purpose of attracting and keeping global incentives. Moreover, this country also utilizes a single tier corporate taxation system that has a flat rate. Basically, the effective low tax rates of the country in addition to the country’s business friendliness campaign are considered as the two main factors that contribute to the rising economic growth as well as increasing foreign investment of the country (info source: Why Singapore is A Hot Spot For International Business).
The Single Tier Corporate Taxation System
Last January 1, 2003, the country has started adopting a single tier corporate taxation system... read more
Setting up a business in Singapore is a two- step process. It is important to research the different categories of companies that are available and match the type of business that you are looking to get into. Furthermore, after you have done your research and picked a company, you will need to go through the company’s registration process. The company registration process will guide you through the process by showing you the benefits of setting up your business, and how to go about filing the application and other procedures that are required through this process.
On the other hand, company formation in Singapore can be challenging if you are not from the country. A person who is considered a foreigner will want to take on the help of service providers... read more
When setting up a website and buying a domain name, many people do not take their time and buy the first available site. This may be a mistake. Domain names can be a very important part of the website. When starting the domain registration process, the first thing the buyer should look at is recognition. That is, if the site is about pants for tall people, ideally the name of the domain would contain those words. This is important as a site grows, and is thought to factor into search engine algorithms.
It should be remembered that most people instinctively remember .com, so if a website gets a lot of traffic this may be a serious consideration. But it is not always easy to find one available, or practical.
Any serious business would also buy domain names that are a variation of the origina... read more
Singapore is a very successful small metropolitan city state what is world renown. Despite its relatively small size for a country, it has big economic muscles to flex and show its financial might. Being an entreport, the government of Singapore has encouraged trading and other economic services in this bustling lively nation. The authorities have encouraged its citizens and foreigners alike to do company registration, company formation or company incorporation to start businesses anytime in this bustling metropolis.
All the infrastructure are well laid out with good transportation like the MRT and public buses and taxis for people wanting do to business in this city state... read more