HOW TO OPEN A COMPANY IN SINGAPORE - Things you must know!

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I'm Misha from OpenCompanySingapore.com and today we're going to talk about how you can set up a business in Singapore. Establishing a company here can offer a lot of advantages: it can help minimize taxes in your home country, facilitate international commercial activities, serve as an effective holding company, and even support online ventures like e-commerce. Here's what you need to know:
If you're considering opening a business, you can start a Limited Liability Company without needing to invest any minimum share capital upfront. Limited Liability Companies are the preferred choice because they offer exceptional flexibility and protection. Setting up is quick and easy, so your business will be ready to go in about a week.
Singapore also offers low taxation. Regular companies pay a tax of 17%, but companies obtaining income from foreign sources can be exempt. Plus, there are no taxes on dividends and startups can get certain tax breaks as well.
The documents required to open a company include Articles of Association, details about shareholders and directors, proof of legal address and appointment of the company’s secretary. Of course all the paperwork will be handled by our company.
So here's what you need to do to start your business: send us an email with all of your details and passport copies so we can start drafting the necessary documents and file with ACRA, the local Trade Registry. We will then support you for opening a bank account as well as tax and VAT registration. For more information check out our website: https://opencompanysingapore.com/.
Of course for any other details and support you can also send us an email and give us a call at the number listed on our contact page.