Budget Accounts Pte Ltd provides full range of corporate services, Singapore company incorporation/Formation, registration requirements, secretarial, accounting, GST & individual tax advisory services in Singapore.
(prHWY.com) January 3, 2013 - The House of Eden, Singapore -- There are many reasons to register a company in Singapore, especially considering it has a booming and rapidly growing economy where, if you can find your place, you can easily make it and last for some time. With the growing interest in the Singapore economy and the larger spotlight the world is putting on it as it begins to grow and increase it's no surprise that more companies are springing up all the time, featuring companies of all sorts. Whether or not a company actually makes it depends on their structure, but the benefits of
Singapore company registration far outweigh those of similar developing economies.
Singapore's environment is one of the most reputable in the world, and is rated as one of the least corrupt political and economic environments. It's not an offshore company nor is it a third world developing economy. It's always been a civil part of the world and especially in recent years one of the most rapidly growing economies. Such an environment will not impact a growing business or company in any negative ways, and might even help to solidify their reputability when it comes to dealing with other companies in the global economy, since Singapore is known not to be corrupt.
Because it's so rapidly growing Singapore seeks to encourage more growth, achieving a higher status in the world stage. This means they have competitively priced taxation rates for the companies that are developed there. With competitive rates you're more likely to get a cheaper tax season, allowing you to save money in the overall scheme of things. This helps to make Singapore a more attractive environment for starting companies and for existing companies to move into, as it can save them a lot of trouble with the picky tax services people who are very detail oriented.
In all of Asia, Singapore is actually seen as one of the more modern and up to date cities, providing some of the highest quality living available in the East. This includes cheaper living costs, easier access to transportation and public transit, and all the telecommunication benefits that any modern business environment needs. It's easy to set up, as easy and if not easier than any other country, while remaining high quality and providing a friendly, accessible environment. There is almost no reason to consider Singapore a developing country or a second-rate city since it's among the world's most advanced business centers.
Finally it is actually remarkably easy to
register a company in Singapore. As opposed to most business capitals where there are steep restrictions to actually call something a company, Singapore allows companies to develop with a bare minimum of one local address, a share capital of one dollar, one director, one secretary and one shareholder. These scant few requirements can be met very cheaply, and very easily, as it requires three people, a home and a single dollar to put together. The office does not have to meet any standards to be considered a company, and from there it can easily grow upward.
Author Contact:
Budget Accounts Pte Ltd
4 Robinson Road, #08-01
The House of Eden
Singapore 048543
Tel: (65) 6438 8858
Fax: (65) 6535 9592
###