Wednesday, May 25, 2011

Setting up new business in Singapore

Setting up new business in Singapore is very easy when comparing with other countries. Singapore consist pro business environment this enables foreigners to find easy way to set up a new business. Foreigners just need additional regulations and permits to start the business.
Singapore consist a open and efficient immigration policy this enables the foreigners to visit Singapore very easily
So many foreigners are looking for business opportunities in Singapore. But setting up new business iis very easy in Singapore
Before setting up a new business in Singapore they need to make certain preparations to register their business
Registration depend on type of business set up
Now Singapore offering most efficient corporate and personal tax regiments in the world. Personal taxes start from 3.5% only
Economically Singapore ranked 1 in the world .Singapore regulatory environment is more conductive to starting and operation of new business setup
Most commonly freshers should follow business registrations act and companies act to set up the new business
There is 4 types of organization we can start up in Singapore
I.e. sole proprietorship
Partnership
Incorporated companies
Foreign companies
Other regulation acts and complete details will posted on next posting wait until continuation bye friends

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