www.bethelfinance.com
Opening a business in Singapore is ideal for:
TAX treaties signed
Singapore has tax treaties for the avoidance of double taxation with more than 50 countries including
Australia, Belgium, Canada, France, Germany, India, Indonesia, Israël, Italy, Japan, Malaysia, Mauritius, Netherlands, New Zealand, China, Philippines, Thailand, Switzerland and the United Kingdom.
Singapore is the 14th largest exporter in the world.
The country is currently the only Asian country to be awarded AAA credit ratings by the three major rating agencies - Standard & Poors, Moody's and Fitch.
During this time of a world debt crisis, this is valuable and indispensable information.
Singapore attracts significant foreign investment because of its location, port infrastructure, an administration known for its honesty, its skilled workforce, low tax rates and advanced communication systems. There are over 7,000 U.S. multinational corporations, Japanese and European companies registered in Singapore.
More than ten free trade agreements were signed with other countries and regions.
If your business is not active in Singapore you will pay no tax! You will be doing business in one of the most beautiful locations in Asia.
With a business in Singapore you will attain immediate credibility with your business partners.
You should trust our team to accomplish this for you. With over 10 years of experience in registering companies in Singapore, we are among the best placed to undertake this project in a snap.
Opening a business in Singapore is ideal for:
- Businessmen
- Holding intellectual property rights
- E-Business
- Holding assets
- Consultants / Counselors
- For inheritance purposes
| Company Type | Private Limited company | |
| Corporate legislation | Singapore Companies Act 1963. | |
| Information published relating to company officers | The name of the directors appears in the public register. | |
| Accounting requirement | Annual unaudited financial statements must be submitted to the Inland Revenue Authority of Singapore (IRAS) Financial audit is not required if corporate turnover/sales is less than S$5 million (US$3.74 million) |
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| Taxation | 0 tax for new Singapore companies on the first 100K annual profits for the first 3 years For resident companies approx. 9% corporate tax rate for profits up to 300K Overall company tax rate is a flat 17% A Singapore company can enjoy tax exemption from its foreign-sourced dividends, foreign branch profits, and foreign-sourced service income that is remitted into Singapore if some conditions are met. |
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| Confidentiality | Singapore offers a high level of confidentiality. | |
| Time to form | The sole-proprietorship or partnership is usually registered within 15 minutes after the registration fee is paid. However, it may take between 14 days to 2 months if the application needs to be referred to other authorities for approval or review. | |
| Standard Currency | Singaporean Dollar | |
| Stability | Stable jurisdiction with very good reputation | |
| Communication | Efficient communication means | |
| Time zone | Convenient world time zone GMT+8 | |
| Secretary required | yes | |
| Paid up capital requirement | 1 SD | |
| Basis of legal System | Under Common Law | |
| Minimum shareholders / directors | Minimum of 1 Director/Shareholder. One director must be domiciled in Singapore | |
| Bearer shares | Bearer Shares are not permitted. | |
Singapore has tax treaties for the avoidance of double taxation with more than 50 countries including
Australia, Belgium, Canada, France, Germany, India, Indonesia, Israël, Italy, Japan, Malaysia, Mauritius, Netherlands, New Zealand, China, Philippines, Thailand, Switzerland and the United Kingdom.
About Singapore
Singapore is one of five founding members of the Association of South-east Asia and a member of the Commonwealth.
The Singaporean economy is known as one of the freest, most innovative, most competitive, most friendly and least corrupt in the world.Singapore is the 14th largest exporter in the world.
The country is currently the only Asian country to be awarded AAA credit ratings by the three major rating agencies - Standard & Poors, Moody's and Fitch.
During this time of a world debt crisis, this is valuable and indispensable information.
Singapore attracts significant foreign investment because of its location, port infrastructure, an administration known for its honesty, its skilled workforce, low tax rates and advanced communication systems. There are over 7,000 U.S. multinational corporations, Japanese and European companies registered in Singapore.
More than ten free trade agreements were signed with other countries and regions.
If your business is not active in Singapore you will pay no tax! You will be doing business in one of the most beautiful locations in Asia.
With a business in Singapore you will attain immediate credibility with your business partners.
You should trust our team to accomplish this for you. With over 10 years of experience in registering companies in Singapore, we are among the best placed to undertake this project in a snap.
To attain all this, you should call us at your convenience : +972-3-643-7999 or just email us at info@bethelfinance.com
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