Thursday, 13 December 2012

Company Formation In Singapore: Founding A Business On A Well Structured Economy

By Ping Fleming


Company formation in Singapore is easy and simple. But this is just one of the numerous reasons why companies and businesses thrive in the country. According to Transparency International, Singapore, together with Denmark and New Zealand, is considered to be among the least corrupt countries. Apart from it Singapore is one of the fastest growing economies in Asia, it has a steady economic and sociopolitical environment, it has enterprise-friendly policies and it has a strong government.

The Process Of Company Formation

Even those who are new to business would not need to get confused with the procedures of company formation. There is one practical way to do it, and that is through hiring a company incorporation Singapore firm. These firms specialise in company registration, corporate secretarial services, taxation, accounting, bookkeeping and other services that are related to the financial and legal aspects of company formation in Singapore.

By having a company registration Singapore firm by your side, you will receive assistance in terms of the following: information furnishing, document preparation and ACRA accreditation. These firms offer their services as packages that commonly cover the fees and charges involved in the formation process. These include the costs for secretarial services, certificates and business name application. These firms will help you from the start of your company formation.

Why You Should Start A Company In Singapore

We all know that the reputation of the country where you establish your business is vital. By forming a company in Singapore, you can have access to world class infrastructures that will help sustain your business. Your business will have good credentials as it is formed in a country with a well structured company. Your company will gain recognition from the international market and will likely grow at a desirable pace.

Furthermore, the financial institutions in the country are strong. They provide transaction systems which are effective and quick. The local authority is always cooperative and ready to help you regardless of the size of your enterprise. In other words, the country provides equal opportunities to both start-up and successful businesses. Truly, company formation in Singapore is the first step toward a successful business.




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