"The time is ripe for Singapore business incorporation with SBS Consulting. It is especially important for those having expertise in the infrastructure development, as, the G20 nations are pushing for the establishment of an Infrastructure Hub," proclaimed Ms. Meena. Singapore, Singapore - April 23, 2015 - (Newswire.com)
SBS Consulting is one of the top-grade providers of company incorporation in Singapore. It also specializes in delivering under-the-one-roof corporate services like corporate secretarial, work visa and immigration services. The firm also takes care of the bookkeeping, accounting, auditing and taxation related compliance needs of its clients.
“Even after decades of entertaining investors and entrepreneurs seeking lower tax rates, straight-forward compliance requirements, political stability, and corruption-free business environment, Singapore continues to lure hoards of them. Opening a company in Singapore is extremely easy. With SBS Consulting, it takes only 2 - 3 business days and fulfillment of 2 incorporation procedures,” elaborated Ms. Meena, the business head of SBS Consulting.
G20’s proposal has created a great opportunity for the startup, Small and Medium Enterprises (SMEs), and big infrastructure development firms. The infrastructure hub, according to G20, is expected to promote an economic activity worth of S$700 billion. The Asian Development Bank estimates that Asia alone needs $1.8 trillion to ship-shape its infrastructure and to bring it to the world-class level.
“Singapore companies with their expertise in infrastructure building are going to share a large piece of this pie. For the foreign as well as local entities, there could be no better opportunity and time than this to setup a company in Singapore,” commented the marketing head of SBS Consulting.
“If they have the required know-how, ability to plan and execute a project within time-frame then, Singapore has the capital to finance them. Singapore companies are amply supported by the skilled workforce. A highly motivated, multilingual and easily available workforce is an asset to any foreign entity,” he added.
Those who still haven’t got a foot-hold in Singapore must hurry and indulge in company formation in Singapore, in the form of a Subsidiary Company which is synonymous with the full-fledged private limited company. They can also opt for opening a Branch Office or a Representative Office to suit their policies and requirements and to achieve the goals they have set for the Singapore market.
As the saying goes, “Hit the iron when it is hot!” The Singapore government has introduced various measures to support the expansion of Singapore registered companies to the distant shores. The International Growth Scheme is designed to give 10% of concession to the businesses in the tax rates on the income derived from the qualifying activities.
The grant awarded under the IE Singapore's grant schemes for SMEs has been increased from 50% to 70%. The arrangement, as announced in the Singapore Budget 2015, is effective for the next 3 years. Singapore businesses can now claim double tax deductions under the Internationalization Scheme on the expenses incurred on the salaries of Singaporean attached with the new overseas entities.
“The main attraction that causes the investors and entrepreneurs flock to the Singapore is its pro-business environment that assists them in prospering. It is an amalgam of a number of factors that imparts a totally Singaporean touch to the business environment,” commented a company incorporation executive working in SBS Consulting.
“It is an environment that allows them to make and distribute their hard earned profits without getting themselves involved in the tax frauds or having to take shelter in a dubious tax-heaven. Singapore company incorporation is an honest man’s way of making money,” he added.
“By introducing schemes most conducive to the spread of Singapore businesses to the other economic zones, Singapore government has given the hardworking locals as well as the foreigners an ample support to establish themselves as the new brands. Singapore citizens or the permanent residents and the foreigners who has got it and has something to prove to the world and most importantly to themselves, should opt for the Singapore business incorporation,” elaborated Ms. Meena.
About SBS Consulting:
SBS Consulting employs qualified and hardcore professionals who extend all the cooperation to their clients for the successful company incorporation in Singapore. They provide top-of-the-notch corporate services which have helped the firm in acquiring a loyal client-base in Singapore. The startup, Small and Medium Enterprises (SMEs), and multinationals operating in the Singapore, outsource their GST filing, ECI and XBRL filing and other corporate functions to SBS.
Contact Info:
SBS Consulting Pte Ltd
35-B Hongkong Street
Singapore
Singapore
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Original Source: Indulge in a Singapore Business Incorporation and Ride the Wave of Prosperity, Advises SBS Consulting
