Double Tax Treaties (DTT) is an agreement between two countries used to regulate the taxation of income received in one state by a resident of another state. The DTT clearly states: types of income taxes criteria for companies and individuals that meet the DTT conditions features of a collection of fiscal payments. Such agreements allow
Suppose you are a business owner and intend to enter into an important transaction with another company registered in Singapore. In that case, it may be necessary to verify the legitimacy of your counterparty or the Singapore company name search. Such cases may include acquiring assets from a business, entering into an important contract (for
Singapore has been and continues to rank in the top 3 countries for ease of doing business. All analysts point to several reasons for this: ease of doing business, a window to other Asian markets, and low corporate taxes. All this cannot but attract foreign business people from all over the world. As of 2021,
If you have firmly decided that you want to register your company in Singapore, you should choose its organizational and legal form. The most common form of company for foreigners is an exempt private limited company (practically, a limited liability company that is only a joint-stock company). You can be the owner of your company
Among Asian countries, Singapore is the most competitive country for setting up a holding company and doing business, in which the rules for setting up a company are the simplest. It is a country with constant growth, practically without corruption, with a very well-structured system of work and a truly modern infrastructure system. The industrial
A nominee shareholder is a person who represents the interests of another person in the securities market without the right to own them. The first attorneys arose as a phenomenon in the early years of privatization. The shareholder was legalized later. Their occurrence was in the obstacles that issuers created when registering new shareholders and
Some many facts and figures make Singapore an investment destination. It is not surprising that people invade to do some form of business there because of the enormous minds and resources that the country possesses. Here are some facts you might find useful: This city has strong international trade links, as its port is one
Where to get funding for a startup business? The Singapore government is arguably the most advanced in the world in terms of developing the IT industry. Local authorities are allocating tons of money for grants and support for business initiatives to create an analog of Silicon Valley here. This attitude is largely facilitated by
Singapore is a famous country that facilitates national social and economic welfare due to the preferable business-running conditions. The digital and low-bureaucratic regulatory principles simplify the registration, operational, and winding-up activities. Thus, the corporation set-up in Singapore contains many benefits, including: advantageous taxation terms, the prospective location for access to the global markets, the strong
Singapore is called an economic miracle due to a liberal tax system and rational national fiscal policy dedicated to the overall social and economic welfare. Hence, the government’s loyal taxation policy established upon the state’s independence has enabled it to lead the country out of the status of a low developed economy to the highly
How to set up an import-export business in Singapore? Singapore is a world-class player in world trade. Its strategic location in Southeast Asia and extensive air and sea links to facilitate interregional and global trade has made it a major trading hub in the global supply chain. It is currently ranked 14th in the world
As a licenced company secretarial services provider, we are often asked by clients on the specific requirements for setting up their Singapore company. These questions range from matters such as: Who can be appointed as a director/shareholder of my Singapore company? Do I actually need a company secretary, or can I carry out these functions?
