How To Open A Local Company In Singapore For Foreigners
6 minutesIf you’ve studied the Asian market carefully for many years, you’ll be aware that Singapore is one of the best jurisdictions in the region. Many business owners – local or foreign – make their way to the country to take advantage of its resources and create a suitable environment for their businesses. While new local business owners may already be familiar with what it takes to open a local company, foreigners are likely to be unaware of many important things. Are you a foreigner who wishes to start a company in Singapore? This piece will show you how to open a local company in Singapore for foreigners.
The Benefits And Challenges Of Setting Up A Singapore Holding Company Structure
7 minutesAn excellent place to start when creating your global holding structure is by forming a holding company in Singapore. Several multinational organizations have constructed their holding structures throughout the world to grow their operations and reduce taxable income, including in Singapore.
Numerous industry behemoths, like Berkshire Hathaway, DBS Group, and Alphabet (Google), have established their holding or subsidiary corporations in the city-state. Singapore is one of the best locations to start a holding company because of many factors. The ease of Singapore incorporation and its advantageous tax system are the most significant advantages.
