Association of accounting firm in Singapore is a local accounting and consulting firm specializing in foreign companies seeking to establish company in Singapore. Working with over twenty local affiliates, it has been supporting international businesses in Singapore since its inauguration.Thus, the association in Singapore is successfully equipped to offer world-class services to clients in Singapore, with the insight and expertise of the local firm it is in essence.
Why establish company in Singapore
Singapore is important location to many international companies to establish their branch. According to World Bank Reports, Doing Business 2016: Measuring Quality and Efficiency, Singapore is the easiest country to doing business all of the world.
You who seek to establish company can receive help such as under lists from government agencies.
Economic Development Board (EDB)
The EDB provides comprehensive support to establish and ensures a comfortable business environment in Singapore.
Standards, Productivity and Innovation Board (SPRING)
SPRING, an agency under the Ministry of Trade and Industry, is the company development agency for growing innovative companies. It also helps just established company become more competitive. The agency aids companies in financing, capabilities and management development, technology and innovation, and access to markets. SPRING is also the national standards and accreditation body.
Accounting and Corporate Regulatory Authority (ACRA)
ACRA oversees the registration and regulation of business entities and public accountants, and also provides information on new business structures, compliance requirements, and corporate governance practices.
The Companies One portal is a one-stop site for looking to establish companies, sustain and grow their businesses. It features links to government information and services, as well as industry help and how-to guides
Obstacles of establish in Singapore
To receive benefits from Singapore agency needs any conditions. For example, RHQ project that is provided EDB. Company can receive reduced tax rate next three years. But to be applied RHQ must meet to established company in other three country exclude Singapore. Besides that, Transfer pricing taxation(TD) and other internal Laws will confuse you.
Singapore has many talented human resources. But it is difficult for unknown companies (for example, just established company) to win them. Because they are talented so they seek higher salary and status. Many new company such as just established has no cash and status.
Business Setup – Company Formation/Registration, establishment and Management of companies, Accounting services, Financial/Internal Audit services, Payroll, Tax, Social Insurance. As well as these execution-oriented core services, we also provide a wide range of consulting-oriented through our top quality consultants.
Through our knowledge, experience and connections will reduce your establishment costs and processing times while maximizing your success.
If you want to early incorporate your business, you should to contact us!