Six Reasons to setup a Company in Singapore

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Six Reasons to setup a Company in Singapore
Bestar Services Pte. Ltd
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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore

• Singapore has consistently ranked among the
  countries offering great ease of doing business.
  It tops the list of most favoured destinations
  for both local and foreign entrepreneurs because
  of many key factors including a thriving domestic
  market, flourishing infrastructure, and
  business-friendly policies.
• For those businesses looking to expand their
  shores in this South East Asian country,
  opportunities abound. If youve been thinking of
  incorporating your business in Singapore, we have
  drawn up a list of some of the most compelling
  reasons for you to do so.

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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore
1. Convenient Location

• Singapore is a centrally located SouthEast Asian
  country. Its geographical location on the map
  gives it the strategic advantage of being
  extremely well connected with some of the biggest
  economies of the world. It has the busiest
  airport and Singapore port is tagged as a major
  International Maritime Center.

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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore
2. Pro-Enterprise Ecosystem

• Singapore has innovative and friendly policies
  for business entrepreneurs and startups. It has a
  rational taxation system, provides many grants,
  and levies low corporate tax rates to business
  firms and establishments. Both local and
  foreign-owned startups can avail of the many
  business benefits for seamless operation and
  growth viz., subsidized labor costs, venture
  funds, 100 business ownership (if you are a
  foreigner), zero restrictions on repatriation of
  profits, no taxation policy on capital gains,
  flexible business climate. Singapore is a
  well-defined, well-managed economy with an open
  market system, which is conducive to setting up
  and growing a company here.

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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore
3. Efficient Incorporation Process

• A corrupt-free state like Singapore ensures
  efficient and smooth processing. Singapore has
  one of the simplest and uncomplicated frameworks
  for setting up a company in the state. In most
  cases, the incorporation takes less than a day.

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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore
4. Stable And Robust Political and Economic
Climate

• Singapore has a powerful administration and a
  strongly guarded system. It follows high
  standards of moral rectitude, free from
  red-tapism and corruption. It is further backed
  by a strong legal system which makes it a
  well-respected and reliable city-state. Stringent
  policies and intellectual property protection
  (IP) offer a safe business environment for
  entrepreneurs to operate with complete peace of
  mind without worrying about the risks of
  expropriation.

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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore
5. Efficient Labour Force

• Singapores education system is cutting edge.
  This means that its competent students later join
  the workforce and become part of a professional
  climate, bringing their proficiency and expertise
  to the table. They are industrious, well-trained,
  abide by organizational rules, and excel in
  whatever they are tasked with. Singapore earns
  the reputation of nurturing a pool of talent.

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Six Reasons to setup a Company in Singapore
Tax Planning While Being In Singapore
6. Well-Developed Infrastructure and High-Quality
Life

• Singapore has superior quality infrastructure
  with high standards of living with its excellent
  transport network, countless commercial
  constructions, and advanced systems that
  guarantee productivity and ease of business.
• As you can see, incorporating a business in
  Singapore comes with a lot of benefits and can
  open up floodgates of opportunities for you. Our
  team at Bestar can help you set foot with ease in
  Singapore while we ably manage all your company
  incorporation concerns. Get in touch with us
  today with your Singapore company incorporation
  needs.

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