Singapore Company registration - 5 key benefits contractors

Singapore is strategically located in the heart of Southeast Asia and is recognized as one of economies strong growth in the world, with GDP growth should be 15% for 2010.Thanks Singapore positive image, a Singapore company is an excellent corporate promotion clients, suppliers, investors, investors, Governments and banks. Here are the top 5 benefits of Singapore company registration page.

1 Social and political environment:

* A Singapore company is not perceived as an offshore company in a tax haven. Singapore is a highly regulated, trustworthy company jurisdiction.

* Singapore is classified with the Denmark and as the least corrupt country New Zealand 2010 corruption perceptions index by Transparency International. This offer comfort for companies to decide on an ideal location for regional or global headquarters.

Registering a company Singapore provides access to a highly competitive economy. It is always classified more free the second economy world economic heritage organization freedom index.

* Singapore company registration is simple and cost-effective. Singapore World Bank Doing Business 2010 Survey is easier place the world to do business.

2 Taxes:

* Singapore tax rates are very competitive with other major business centres worldwide. Singapore corporate income tax rate was 17%. Singapore companies enjoy legal tax exemption on profits earned outside Singapore, as described by the Inland Revenue of Singapore Authority. In addition, S $200,000 (approximately US$ implementation) corporate profits earned Singapore can be legally exempt from income tax for the first three years of business, provided that the total profits exceed $300,000.

* A Singapore company enjoys access to comprehensive Treaty of double taxation with 62 countries, including major commercial administrations.

* To highlight Singapore tax benefits, the State of the city was voted as having less heavy taxes in the world.

3. The infrastructure, technology and telecommunications:

* Singapore is one of the most modern cities in Asia and the world. It is well equipped in terms of telecommunications, transport transit and technology.

* According to the 2010 quality of life survey by Mercer Human Resources Singapore offers the highest standard of living in Asia.

4 Law and Government:

* Singapore is an excellent location to save (ft), intellectual property, including patents and trade marks. Singapore is signatory to international conventions including the world trade (WTO) agreement on trade Related Aspects of intellectual property rights (TRIPS), which protects you against intellectual property rights violations. Singapore is also a signatory to the Berne Convention and the World Intellectual Property organization Copyright Treaty.

* Singapore boasts customer strong confidentiality laws and complies with international directives by the OECD for disclosure of tax related information.

* After the United Nations Conference on trade and development (UNTAC), business-friendly Singapore is the fifth largest recipient of foreign direct investment (FDI) in Asia.

5 Company registration requirements:

* Unlike some countries, it is not necessary to rent a physical Office to register a company in Singapore.

* Training Singapore Company has only requires a minimum of one shareholder, a Director, a Secretary of the local society, a local address and a capital of $1.

Singapore has much to offer, not only in the Asian region, but as a hub.Investors international trade and entrepreneurs wishing to start a business in a country offering low taxes, stable economy and political environment, good quality of life will enjoy Singapore as the location for their business and business needs.