We have been helping our clients establish their business in Singapore and expand in the world.
Singapore is a world-class city to conduct business, work, live and play.
The globally connected, multi-cultural and cosmopolitan city-state offers a conducive environment for creative and knowledge-driven industries. Singapore is a leading provider of services such as international banking, trade finance, maritime finance, insurance, treasury operations, and asset & wealth management within the region.
Business Structures in Singapore.
Singapore is the strategic base to access the market place of 2.8 Billion people in Asia including 500 million people in based in ASEAN (Association of South East Asian Nations). Singapore has an excellent infrastructure and is well connected with the rest of the world. Its location is ideal for companies planning to enter ASEAN, China & Indian market. Singapore has signed many bilateral and double taxation agreements which can help in reducing your cost and thereby increase the profitability.
There are different types of Business Structures in Singapore and all of them must be registered with the Accounting and Corporate Registration Authority (ACRA).
Company
Business entity Registered under the Companies Act, Chapter 50.
Sole Proprietorship
Business entity Registered with 1 business owner.
Partnership
A business firm owned by a minimum of 2 to 20 individuals or companies