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SBS Consulting is one of the highly appreciated incorporation agent based in Singapore. The firm provides result-oriented services for company incorporation Singapore. SBS is also active as a corporate services provider and offers company secretary, payroll processing, bookkeeping and accounting services to small and medium enterprises in Singapore.
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Singapore Company Incorporation
Apart from Others?
If you are keen on establishing your business empire in a pro-business environment, you should
consider registering your company in one of the best South Asian country i.e. Singapore. The
bureaucratic hurdles involved in the process of company incorporationSingapore are very
minimal. It might be the major factor that drives global entrepreneurs to visit and establish
their bases in this island nation. There are also a set of advantages which have transformed
Singapore into a prominent start-up ecosystem in the region.
As mentioned above, easy process of company incorporation Singapore attracts the global
entrepreneurs most to set up their bases here. It takes hardly one to three days to complete
the process as long as you are complying with the statutes. ACRA (Accounting & Corporate
Regulatory Authority) regulates the laws of companies. The process could be accomplished
undertaking two simple steps- 1) Company Name Approval and Registration and 2) The
The authority has made the process fast and easy by computerizing it. An online business portal
called BizFile+ of ACRA is being used to carry out all the formalities vis a vis company
registration. Under Singapore jurisdiction, 100% foreign ownership is allowed. In addition, no
any specific approval is required for a foreign individual to own a company in Singapore.
In a bid to wipe out the funding problem faced by most of the startup businesses, the
government of Singapore has rolled out a series of funding initiatives including cash grants,
equity financing schemes, incubator schemes, debt financing schemes, and tax incentives.
Additionally, there are plenty of angel investors, venture capitalists available in Singapore. The
presence of major international banks, financial institutions, investment management firms
has also created generous financial incentives for investors there.
All in all, Singapore is perceived as a paradise of businesses for having a set of advantages that
are mentioned above in this article excerpt. Apart from those, there are a few more attributes
which make the island nation a robust business hub. The state-of-the-art infrastructure,
diverse culture, political stability, strategic geographical location, seamless immigration
policies, strong intellectual property law and talented workforce are to name a few. After
going through this guide, one can easily figure out what sets company incorporation Singapore apart
SBS Consulting is a leading corporate firm in Singapore that consistently strives to make the
company registration easier for the both foreign and local clients alike. The expert team of SBS
extends their end-to-end support to entrepreneurs until their business is ready to take off.