Singapore-Entrepreneurs

Company Setup Process To Foreign Entrepreneur Or Business Professionals

For foreign entrepreneurs Singapore is one of the most sought after destinations. It is one of the fastest growing economies of the world and has become a major financial hub not just in Asia but the world. Singapore Government has played a part in this and has made its investment policies to attract investment from around the world. Many MNCs are setting up shops in Singapore for which they need a Singapore company registration.

For a Singapore company setup you need to hire the services of a professional service company. They should  be well versed in all the laws relating to foreign investment in Singapore and company setup. Following are the things in which a service company will assist you in setting up your company if you are a foreign entrepreneur or business professional:

• It will assist you with Singapore company registration which will assist you in getting all the benefits from the government of Singapore.
• You will be required to have a registered office address in Singapore for company registration. Residential addresses is allowed for certain types of business.
• Memorandum and Articles of Association must be lodged with ACRA for the company to be recognized in Singapore.
• There are rules and regulations that you will need to adhere to in the pre-incorporation stage and you will get all these as a part of the Singapore company setup service.
• Startups in Singapore enjoy tax benefits and tax exemptions in many cases and a professional firm will assist you with these.
• The service agencies also assist you with employment pass and entrepreneur pass which are required by foreigners to run business in Singapore.

These services will help you smoothly set up your business in Singapore. The government allows 100% ownership to foreigners which will ensure that you can do business  on your own terms in Singapore.

Tags: business in Singapore, Singapore Company Registration