Singapore is a highly developed economy and one of the least corrupt in the world. It has 14.2% of Gross Domestic Product and a very low tax rates. Besides that Singapore is a regional hub for wealth management. For both public and private initiatives Singapore has become the best place to invest for small business. Investing small business has become very popular for it’s favorable environment. Companies around the world are being interested to set up small business in Singapore. The Singapore government allows 100% ownership in a Singapore registered company. A foreign company may establish a Subsidiary company in Singapore and is permitted to have 100% shareholding in the company. Meanwhile all companies working in Singapore are required to keep all accounting documents to fulfill regulatory requirements of accounting and corporate regulatory authority of Singapore (ACRA).
3E Accounting Pte Ltd offers sufficient help and consultant regarding company incorporation in Singapore. They provide company registration details so that the entrepreneur can focus in decision making, implementing, financing and marketing. For emergency purpose 3E Accounting Pte Ltd offers service within one hour without even physically visit. There are different formation package that they offer. They are
· Package for Local Entrepreneur: You can be your own boss by setting up your very own Sole Proprietorship, Private Limited Company, or Partnership today with 3E Accounting Pte Ltd. Package is suitable for entrepreneurs who wish to setup a Singapore company and have their own local Singapore Director.
· Foreign Entrepreneur Without Relocation: According to the United Nations Conference on Trade and Development (UNCTAD), entrepreneur friendly Singapore is the fifth-largest recipient of foreign direct investment (FDI) in Asia, after China and Hong Kong. This kind of formation company package is suitable for foreign entrepreneurs who wish to setup a Singapore company but don’t plan to relocate to Singapore.
· Foreign Entrepreneur With Employment Pass: This type of Singapore formation company package is suitable for foreign entrepreneurs or professional who wish to form a Singapore company and relocate to Singapore to run their company operations. Entrepreneurs need to have have degree qualification and/or relevant working experience to apply for the employment pass.
· Foreign Entrepreneur With EntrePass: This procedure of Singapore formation company package is suitable for foreign entrepreneurs those who are eager to incorporate a Singapore company and relocate to Singapore on an Entrepreneur Pass (EntrePass) to run their company operations. Having innovative ideas from overseas which could add to the entrepreneurial vibrancy in Singapore and meet all the requirements related to Entrepass application is prerequisite for applying this kind of company incorporation.
The clients can incorporate company via in-person company incorporation and incorporating via email. This brings the entrepreneur to start up and change their future in Singapore. For more information you can refer to www.3ecpa.com
Written By
Sheikh Shourav
Writer From PraiseWorthy