The process of company formation in Singapore is simple and short, and anyone over the age of 18 can initiate it. The benefits include ease of establishing a new company set up in Singapore, low tax rate, political stability, availability of funding and tax exemption schemes.
Low tax rates, easy incorporation process and business friendly policies has made Singapore one of the primary destination for establishment of International businesses and startups. Lets see the process of business registration in Singapore
The digital transformation has developed a new era of trade with the help of E Commerce websites. Majority of companies, entrepreneurs and startups are preferring Singapore to start their e commerce businesses.
Many of the small and medium-sized enterprises (SMEs) are not aware of the importance of corporate secretarial services. SMEs often hire a company secretary only when they grow beyond a certain stage, but it is advisable to appoint a company secretary from an early stage itself.