Asiabizservices Elaborates On Singapore Company Setup and Registration
“Incorporating a company can be done in a day in Singapore,” says a business consultant of Asiabiz
Services, a company established to provide solutions to corporate issues, big and...
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Asiabizservices Elaborates On Singapore Company Setup and Registration
“Incorporating a company can be done in a day in Singapore,” says a business consultant of Asiabiz
Services, a company established to provide solutions to corporate issues, big and small.
There are no restrictions or exchange controls on repatriation of profits for companies owned by foreign
investors as well, and definitely no constraints on importing their capital, which starts at S$1.
Taxes on dividends and capital gains are not implemented in Singapore.
And foreigners can own and
control 100% of the company shares.
An important consideration of foreign investors before they commence with the company registration is the
required resident director.
Investors must decide whether the resident director is a local individual (for being
a resident director means maintaining a local or ordinary residence) or a foreign.
“A foreign individual occupying the resident director must have an Employment pass and of legal
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