Singapore Company Formation | SFM Corporate Services

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In this video SFM explore's Singapore as one of the best jurisdictions to incorporate your company.

Let's explore the value of forming your business in Singapore

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0:00:22 Private limited company formation in Singapore
0:01:05 Why Singapore?

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Transcript

For the past decade, Singapore is the only Asian country with the top AAA sovereign rating from all major credit rating agencies, including S&P, Moody's, and Fitch.

Private Limited Company formation in Singapore requires at least one director, one of which must be a resident in Singapore, one shareholder and one local secretary. SFM can assist you by providing local nominee directors and all names will appear on public registry.

Singapore companies are required to conduct annual return filing with the preparation of a financial report and are subject for annual taxation submission. In general, there is no tax on Capital Gains, Dividend Declaration or Company's Gains on disposal of equity investments. However, a company will be liable to pay tax in Singapore on income that is accrued in or derived from Singapore.

Singapore is one of the most attractive, fair, and simple tax systems in the world by providing a lower effective corporate tax rate. A company is taxed at a flat rate of 17% on its chargeable income. For a newly incorporated company, it will enjoy 75% tax exemption for the first 100,000 Singapore dollars and 50% tax exemption for the next 100,000 Singapore dollars which is applied to the company’s first 3 consecutive Years of Assessment.


Singapore has a stable political structure, highly developed infrastructure and a systematic banking system which simultaneously provides a remarkable environment ideal for the businessmen, consultants, traders, custody of real estate, ecommerce, expatriates, inheritance purposes, the holding of intellectual property rights and many others.

Singapore companies require $1 paid-up capital and with SFM can take as little as 1-5 days.

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Thank you for watching.

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To find out more:

Visit: https://www.sfm.com/singapore-company-incorporation
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