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Singapore

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Ancient times known as the Lion City, located at the southern tip of the Malay Peninsula, across the Strait of Malacca in Malaysia and Sumatra, the opposite. Singapore's booming import and export trade, known as the "Oriental Gibraltar."

Singapore companies can be divided into two patterns, one is for Private Company, that means private funding of SMEs, if it have the business behavior, its net profit tax will be 26%. If the company don't business behavior in Singapore, and there is no foreign income (such as China investment income) inward into Singapore, then no need to pay taxes, only need to pay an annual report and government fees annually. Another one is Public Company, this type of company need to have a complete financial statements.

Set up Singapore companies need two or more directors, one of whom is required to be live in Singapore called resident director. This director usually not accounted for stocks of Sleeping Partner. Need a local residency of secretary, and must be ACIS members, Singapore secretary Association. For an English name end by Pte Ltd. . Inter-Area can provide resident director and local secretary.

  

201404011919finance1.pngAdvantages and purposes of established

Mainly position as "Investment Holding" company. Because Singapore is the minority government in the world signed with China government "Investment Promotion and Protection" and "Avoidance of Double Taxation Agreement", according to "Investment Promotion and Protection":Both parties can not be expropriation or nationalization of the other's investments or assets; if signatory countries due to war or other, resulting the loss of investment to another country, need to give reasonable compensation for loss of the party; the contracting parties also ensure their mutual national or companies can remitted investment capital and earnings to their own country legally; in case of disputes, may request The Arbitration Institute of Stockholm Chamber of Commerce decision.

 

 

Singapore registration of establishment regulations

1.English company name (must end by Private Limited)

2. English communication address

3. A shareholder / director photocopy of passport (must be at least 20 years old), another resident directors provided by the Inter-Area

4. Taiwan's shareholder should have notarized signature

5. Standard registered capital amounted SGD 100,000 .- (also can increase capital, subject to increase in government fees)