SINGAPORE
COMPANY SETUP
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Singapore can be one of the best low-tax places for online entrepreneurs.
Get Set Up Now!There are many benefits for online entrepreneurs to get set up in Singapore
Strategic Location
Low Business Taxes
Affordable
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Entrepreneurial-Friendly Environment
Manageable Compliance Requirements
Not only will we provide you with a business entity, but we will also make sure you understand your future (tax) obligations with this setup.
Ongoing Costs
$3,000 from the second year.
This includes Nominee Director Services, Agent fees, Filing Fees, Annual Report and Form Filing. This fee is collected every 12 months going forward.
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Important
Annual Accounting and taxation up to $45,000 USD gross revenue/year includes Annual Bookkeeping, Management Reports, Unaudited Financial Statements (UFS), Tax: Estimated Chargeable Income (ECI) & Corporate Tax Return Filing (Form C-S/C), Personal dashboard with view on cash flow and balance. If revenue is exceeded, extra accounting charges apply.
If you wish to apply for a Singaporean Visa through the business, then extra visa charges apply.
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Corporate Taxes
Singapore's standard corporate tax is 17% on its chargeable income. However, there's a Start-up Tax Exemption whereby the first $125,000 SGD is exempted from tax (Not available for Investment Holding companies).
