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While it may be a small nation-state, Singapore has distinguished itself in the Asia-Pacific region due to its accessibility, state-of-the-art infrastructure, pro-business government policies, attractive tax rates and political stability.
Naturally, it comes as no surprise that Singapore has been consistently recognized as the world’s best place to do business in the World Bank’s annual survey of 189 economies around the world.
Singapore is strategically located in the middle of key trade routes from Asia, Australia, Europe and the Middle East and its citizens are a unique mix of bilingual speakers, who are fully capable of conversing comfortably with their peers all over the world.
Given its small size, Singapore may be lacking in natural resources, but makes up for it with a robust trade ecosystem. Through its extensive diplomatic efforts, Singapore has established 76 Double Taxation Agreements (“DTAs”) and 20 Free Trade Agreements (“FTAs”), all of which contribute towards connecting Singapore to major economies and new markets. With DTAs and FTAs, Singapore-based exporters, investors and businesses stand to gain from benefits such as tariff concessions, preferential access to certain sectors and intellectual property protection.
Whether you’re foreign, local, or representing your company that wishes to set up a company in Singapore, Beaufort friendly and knowledgeable team of Singapore company registration specialists would be happy to advise you on how your business can benefit from the extensive range of pro-business policies, grants and tax concessions in Singapore. We will be happy to talk to you via telephone, email or a face to face consultation at our office, which is conveniently located in Singapore’s central business district.
For more information, please read on why Singapore is a preferred business location for company setup.
Beaufort Singapore company registration options available to individuals and corporations are categorized below.
Beaufort Company Registrations in Singapore
Types of Companies:
(Click on Link)
Individuals are allowed to incorporate a private limited company in Singapore, whether or not they choose to relocate to the city-state. 100% foreign ownership of companies is allowed as well.
Overseas companies that wish to establish a presence in Singapore can choose to register a Subsidiary Company, Branch Office or a Representative Office in Singapore.
Subsidiary Company + Employment Pass
Subsidiary Company + Nominee Local Director
Singapore Branch Office + Nominee Local Agents
Singapore Branch Office + Employment Pass
Representative Office + Employment Pass
As a Singapore Resident, you may register a private limited company, sole proprietorship or LLP in Singapore. In practice, most of the entrepreneurs register a private limited company due to its scalability, limited liability protection and corporate tax benefits during the first 3 years of assessment.
Private Limited Company
Limited Liability Partnership