Sunday, November 09, 2014

Company Formation in Singapore

Company Formation in Singapore

Why foreign investors plan to setup business in Singapore? It’s one of the biggest economically developed countries. GDP is higher; fdi is much higher than many countries. Entrepreneurs plan to register a company in Singapore due to recognition and earning expected amount from investment capital. Many sectors are remarkable for business in Singapore like real estate, restaurant, IT, consultancy, online, cleaning, Garments, chain shop, glossary, service business, manufacturing, assembling and many more.

<img src="images/Singapore1.jpg" alt="Company formation in Singapore"/>
Company formation in Singapore

Every investor plans to do business expecting a good return and repatriate the profit to mother country. Bank account opening as foreigners is not difficult but only registered business entities are allowed to open account. New company registration in Singapore as foreigner is not same like other country and free from burocracy. Every government tries to increase foreign direct investment-fdi and attract the foreign entrepreneur to invest. The following services are provided for the foreign entrepreneurs:
a) Foreign business registration b) income tax filing c) accounts and audit service d) virtual office rent e) nominee directorship f) Repatriate consultancy g) annual return filing h) company secretarial

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