Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Singapore as HQ for ASEAN businesses

Author: T. K.
by T. K.
Posted: Aug 04, 2018

Why you should consider Singapore to incorporate your company and set up HQ here

There are many good reasons for people to prefer Singapore as their base for business. Firstly starting and managing a business in Singapore is not difficult, you can do the registration of a business within a day and this is also one of the reason why most people will want to use Singapore as the south East Asian HQ.

So what are some of the best reasons for you to us Singapore as the main base for your business over other countries and also what are some of the advantages that you can enjoy from setting up your business in this country and also in this region?

Singapore is the financial hub for south East Asia and as most people know, South East Asia is rapidly growing and in the past few years have been growing at 7-8% on average and expected to continue growing at this pace for quite a while to go. Singapore is connected to the region through ASEAN and this is also a great way for you to do business with other countries because the ease of money flowing through Singapore is a lot easier than to have money coming from say the US or Hong Kong.

Singapore is also one of the places in the world that is a financial hub and therefore for business that needs to take loans also require funding. This is one of the better places because you get all the fund and venture funds around here with their HQ looking for new opportunity all the time and this is great because they will be able to get the best of the funding when they are around.

Singapore is also one of the best places in terms of tax rates, tax rates in Singapore are low and they are also highly easy to understand as compared to some areas when you have low taxes on corporate earnings and low taxes on personal earnings and also no capital gain tax. Singapore becomes one of the best places for money to flow here and everyone knows that they do not really like to pay too much taxes so this is a great place for start-ups that wish to save on taxes so that they can spend more on their operations and marketing and also for them to build up their businesses for the long term.

Incorporating your company in Singapore gives you all this benefits and you will also be able to get the service of high quality accountants and corporate secretaries that are able to assist you with the work of running a private limited company in Singapore that is going to make sure your dollar will go a long way in getting this business running smooth and great for you. Singapore Company incorporation services can be found in an affordable and good manner. Find them through your trusted websites or Google now

About the Author

T.K is an avid writer on business topics, he writes for Koh Management

Rate this Article
Author: T. K.
Premium Member

T. K.

Member since: Dec 11, 2014
Published articles: 526

Related Articles