Looking at the Possibilities of a Singapore Branch Registration
Many businesses are looking at Singapore for growth and expansion.
It has many things to
offer those starting up and those that have an established presence in the business world.
For some, it may be advantageous to open a Singapore branch office.
Here are some pros
and...
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Looking at the Possibilities of a Singapore Branch Registration Many businesses are looking at Singapore for growth and expansion. It has many things to offer those starting up and those that have an established presence in the business world. For some, it may be advantageous to open a Singapore branch office. Here are some pros and cons to consider. Advantages It is a good way for some companies to get started in Singapore business relationships. This is especially true for smaller businesses. It may not be easy to incorporate a new company is a country that one is not familiar with. For one thing, it may take a while to establish business contacts. Most businesses will need to deal with local suppliers for materials. Another important factor is recognition. If you are a small business, there is a good chance that no one in Singapore knows who you are. You may wish to have a Singapore branch registration to become better known. It may take some time to get your brand recog
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Publiée le 14 Oct. 2010
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Singapore, a startup friendly nation
Thomas Friedman makes an interesting point in a New York Times column by proclaiming that
more start-ups is the key to America’s economic recovery, as start ups are where the jobs get
created.
Friedman goes on to explain that the key to fueling more start ups is a liberal
immigration policy and...
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Singapore, a startup friendly nation Thomas Friedman makes an interesting point in a New York Times column by proclaiming that more start-ups is the key to America’s economic recovery, as start ups are where the jobs get created. Friedman goes on to explain that the key to fueling more start ups is a liberal immigration policy and opening the doors to what he terms as ‘high IQ risk takers’. The point that Friedman tries to drive home is that a) start-ups play a vital role in a country’s economy as they create jobs, b) smart entrepreneurs are the ones who are likely to establish start ups, and c) it is important for a country to attract the world’s smartest entrepreneurs. Craig Mundie, the chief research and strategy officer of Microsoft has definitely hit the mark by stating, What is common to Singapore, Israel and America? They were all built by high-I. Q. risk-takers and all thrived… Singapore’s visionary leaders realized the benefits of an open immigration system and went all ou
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Publiée le 23 Sept. 2010
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Why foreign entrepreneurs often choose Hong Kong as their business headquarters in Asia?
Hong Kong is a popular hub for international firms keen on setting up businesses in Asia.
Its’ physical and
political proximity to China coupled with modern infrastructure, internationally accepted and transparent
legal system based on English...
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Why foreign entrepreneurs often choose Hong Kong as their business headquarters in Asia? Hong Kong is a popular hub for international firms keen on setting up businesses in Asia. Its’ physical and political proximity to China coupled with modern infrastructure, internationally accepted and transparent legal system based on English law and lower tariff structure have rendered it into one of the world’s leading financial and business centres. According to an annual survey conducted by Invest Hong Kong and the Census and Statistics Department, the region situated on the southern coast of China is sought after by multinationals and inland companies looking to expand their business operations in East Asia. The survey identifies new investment trends wherein international firms have made Hong Kong a focal point for their, both regional and worldwide operations while inland companies from China have relocated here to benefit from numerous business opportunities. A versatile work culture a
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Publiée le 30 Juil. 2010
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Singapore, a popular pick for Indian migrants says Singapore company registration agency
Singapore is becoming home to a new wave of Indian immigrants who are flocking its shores for
employment and business.
According to a recent Straits Times report, Indians account for one-fourth of the 1.
79 million
foreigners and Singapore...
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Singapore, a popular pick for Indian migrants says Singapore company registration agency Singapore is becoming home to a new wave of Indian immigrants who are flocking its shores for employment and business. According to a recent Straits Times report, Indians account for one-fourth of the 1. 79 million foreigners and Singapore Permanent Residents and their numbers seem to be growing. The Indian Embassy in Singapore confirms that there has been a 100% increase in the number of Indian nationals residing and working in Singapore as compared to two years ago. While majority of the Indian nationals are employed as foreign laborers in the construction sector, there is a sizable pool of professionals in high value add industries such as IT, finance, and engineering. There has also been a steady growth in the number of Singapore company formations by Indian entrepreneurs from around 1,500 in 2006 to about 3,000 today. It is easy to see why Singapore is a natural pick for Indian foreign pr
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Publiée le 29 Juil. 2010
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ACRA encourages companies to be more compliant, news by Singapore company incorporation firm
The hallmark of doing business in Singapore is that great emphasis is placed on executing high levels of corporate
governance.
Singapore’s institutions are constantly working towards building corporate governance and the
recently announced...
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ACRA encourages companies to be more compliant, news by Singapore company incorporation firm The hallmark of doing business in Singapore is that great emphasis is placed on executing high levels of corporate governance. Singapore’s institutions are constantly working towards building corporate governance and the recently announced measures by Singapore’s Accounting and Corporate Regulatory Authority, ACRA, demonstrates this vision. In a bid to encourage Singapore companies to voluntarily comply with regulatory requirements, ACRA has introduced three non-penal measures to tackle the issues of timely preparation of annual financial statements, holding of Annual General Meetings (AGMs) and filing of annual returns. The three measures include: ● Color-coded Compliance Rating and Certificate of Compliance: Companies that possess a good record for holding timely AGMs, tabling and filing up-to-date financial statements, and filing annual returns will be green ticked as having a positive co
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Publiée le 9 Juil. 2010
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Company Formation - Choosing the Right Jurisdiction
In today s global economy, an increasing number of companies are setting up offshore
operations.
Today, a sizable number of MNCs and small to medium sized companies are based
offshore.
Likewise, numerous self-employed consultants hold offshore companies and offer
their services to...
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Company Formation - Choosing the Right Jurisdiction In today s global economy, an increasing number of companies are setting up offshore operations. Today, a sizable number of MNCs and small to medium sized companies are based offshore. Likewise, numerous self-employed consultants hold offshore companies and offer their services to clients across the world. There are several reasons behind why businesses are choosing to incorporate offshore companies such as low taxes, ease of company formation and ongoing compliance, transparent and efficient legal system, and access to world-class financial institutes. A number of factors need to be considered and deliberated upon while setting up an offshore business. In order to choose the right business jurisdiction, critical elements such as the business environment, costs involved, ease of company formation, ease of ongoing compliance, bureaucracy levels, and tax regime need to be taken into account. Ease of company formation, minimal stat
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Publiée le 2 Juil. 2010
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Hong Kong streamlines company registration
Hong Kong’s Financial Services and Treasury Bureau (FSTB) has announced the launch of the
second phase of public consultation on the provisions of the Hong Kong Companies Bill as part
of its ongoing effort to reform the Hong Kong company law.
In order to make Hong Kong company law more...
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Hong Kong streamlines company registration Hong Kong’s Financial Services and Treasury Bureau (FSTB) has announced the launch of the second phase of public consultation on the provisions of the Hong Kong Companies Bill as part of its ongoing effort to reform the Hong Kong company law. In order to make Hong Kong company law more business-friendly, the government has launched a comprehensive effort to rewrite the Companies Ordinance. In this regard, the Companies (Amendment) Bill 2010 and the Business Registration (Amendment) Bill 2010 were gazetted in January 2010. While the Companies Bill aims at enhancing company formation in Hong Kong, the Business Registration Bill will help in implementing a one-stop service for company incorporation (with the Companies Registry) and business registration (with the Inland Revenue Department). The new measures will help entrepreneurs with Hong Kong company registration within one working day and simplify the regulatory regime for Hong Kong compa
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Publiée le 25 Juin 2010
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GuideMeSingapore Launches Online Quote System for Singapore Company
Formation and Relocation Services
GuideMeSingapore.
com, a comprehensive information portal on company formation and
expansion in Singapore, launches online quote system to provide accurate and instant
cost estimates for setting up a new Singapore venture.
The online...
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GuideMeSingapore Launches Online Quote System for Singapore Company Formation and Relocation Services GuideMeSingapore. com, a comprehensive information portal on company formation and expansion in Singapore, launches online quote system to provide accurate and instant cost estimates for setting up a new Singapore venture. The online quote can be accessed at http://www. guidemesingapore. com/forms/ singapore-entity-setup-quote-form This online quote system allows customers to get instant quote for their requirements, be it formation of a Singapore company, relocation or obtaining a work permit. Visitors are just required to indicate their requirements and submit the quote for a no-obligation discussion. This online quote is then directed to the concerned company official, who will promptly review and reply to the customer. According to Jacqueline Low, Director of Janus Corporate Solutions Pte Ltd. - the firm that operates the GuideMeSingapore. com website, “The online quote system
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Publiée le 14 Mai 2010
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Company Formation - Choosing the Right Professional Firm
Now that you have decided to go ahead with your business venture and set up your firm,
you need to make the crucial decision to home down on the right professional firm to
facilitate the procedure of company incorporation.
Most entrepreneurs opt to make use
of the professional...
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Company Formation - Choosing the Right Professional Firm Now that you have decided to go ahead with your business venture and set up your firm, you need to make the crucial decision to home down on the right professional firm to facilitate the procedure of company incorporation. Most entrepreneurs opt to make use of the professional knowledge and experience of professional firms which have the required experience and know-how to make the process of business incorporation smoother and faster. There are numerous reasons why you should best leave it to the professionals. You will not be aware of the intricacies of regulatory environment, statutory compliance and administrative responsibilities related to the process of company incorporation. Moreover, majority of the small to mid-size companies do not have the systems in place to keep track of what has to be done, by what time-frame, and by whom. Professional firms fill in these gaps by providing effectual, flexible, and cost-effecti
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Publiée le 14 Mai 2010
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Company Incorporation - Why do Global Entrepreneurs Gravitate to Singapore
and Hong Kong?
A growing number of individuals and private businesses are increasingly deciding to
incorporate in Singapore and Hong Kong.
Both countries offer a good infrastructure, with
a pro-business and pro-talent culture which is reflected in the...
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Company Incorporation - Why do Global Entrepreneurs Gravitate to Singapore and Hong Kong? A growing number of individuals and private businesses are increasingly deciding to incorporate in Singapore and Hong Kong. Both countries offer a good infrastructure, with a pro-business and pro-talent culture which is reflected in the country’s immigration policies, regulatory environment, and the openness of its people. Moreover, their governments have ensured policies related to laws, regulations and taxation that promote the growth of entrepreneurship and commerce in their respective countries. Hong Kong and Singapore have been consistently topping the list in the Doing Business Report compiled by the World Bank every year. This is due to the business-friendly policies followed in both the countries like low import and export costs, well-framed laws for protecting investors, and labour regulations that favour employers. Both countries have again been ranked at the top of the list in the
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Publiée le 14 Mai 2010
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