One of the many factors why advertising firms in Singapore thrive, aside from the fact that they are in-demand and competitive, is because they enjoy a number of tax privileges. But it does not mean that they do monkey business. There's no reason to do that because in Singapore, the companies that abide by the law are the ones that reap success. Therefore, if you are planning to put up a business in Singapore, you need to understand how to register your business in Singapore.
Things To Know About Company Registration In Singapore
Company registration in Singapore is easy if you know the things to do. In fact, singapore company incorporation is not that complicated even to startup companies. You can hire company registration advisors or corporate advisory firms that will explain the system to you. Apart from explaining how to register company in Singapore, these entities can help complete the process for you. Simply put, they do everything to make your business fully operational.
Their services typically come as packages that include company name application, secretarial services and ACRA registration. You will be requested to furnish other documents such as information about the directors and the shareholders, a registered address, a short explanation of your business operation, the paid up capital and the company name. Usually, it only takes two days for an agency to complete the process of company incorporation.
The Benefits Of Registering Your Advertising Agency
The primary advantage of registering an advertising company in the country is access to a very competitive economy. More than having business-friendly tax policies, Singapore has a free economy. This is supported by the report of the Heritage Foundation in their Index of Economic Freedom. Moreover, Transparency International ranks the country as one of the least corrupt nation. Investors and business owners can definitely trust Singapore just like New Zealand and Denmark.
Through Singapore company registration, your advertising enterprise will also enjoy a handful of tax benefits. This is true for businesses that earn more than S$300,000 in their first three years. The amount of earnings that can be legally tax-exempted can go up to S$200,000. No wonder why Singapore is believed as one of the most enterprise-friendly countries in the world.
Things To Know About Company Registration In Singapore
Company registration in Singapore is easy if you know the things to do. In fact, singapore company incorporation is not that complicated even to startup companies. You can hire company registration advisors or corporate advisory firms that will explain the system to you. Apart from explaining how to register company in Singapore, these entities can help complete the process for you. Simply put, they do everything to make your business fully operational.
Their services typically come as packages that include company name application, secretarial services and ACRA registration. You will be requested to furnish other documents such as information about the directors and the shareholders, a registered address, a short explanation of your business operation, the paid up capital and the company name. Usually, it only takes two days for an agency to complete the process of company incorporation.
The Benefits Of Registering Your Advertising Agency
The primary advantage of registering an advertising company in the country is access to a very competitive economy. More than having business-friendly tax policies, Singapore has a free economy. This is supported by the report of the Heritage Foundation in their Index of Economic Freedom. Moreover, Transparency International ranks the country as one of the least corrupt nation. Investors and business owners can definitely trust Singapore just like New Zealand and Denmark.
Through Singapore company registration, your advertising enterprise will also enjoy a handful of tax benefits. This is true for businesses that earn more than S$300,000 in their first three years. The amount of earnings that can be legally tax-exempted can go up to S$200,000. No wonder why Singapore is believed as one of the most enterprise-friendly countries in the world.
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