Advantages of opening dry goods business in Singapore

With its successful economic development strategy, efficient border management, developed transportation and communication infrastructure and good business environment, Singapore has been rated as the best economy in the global trading environment. Singapore has become a powerful springboard for China enterprises to go global. Therefore, many people have turned their attention to this treasure land of Singapore. What are the advantages of starting a company here? Let's take a look with Mande Enterprise Services!

Setting up a company in Singapore will give you the following advantages:

1. Enjoy Singapore's ultra-low tax rate or tax exemption, and realize international legal tax avoidance: compared with other major economies in the world, Singapore's corporate income tax rate is low (0,8.5%, 17%), which is levied according to its corporate profits; The Singapore government has introduced a series of measures to help foreigners or institutions doing business in Singapore. If they meet the requirements, they can get different levels of tax relief. At the same time, the Singapore government may not tax the profits from the company's commercial transactions outside Singapore;

2. Registering a Singapore company and building an international brand can quickly improve the international popularity and competitiveness of enterprises;

3. Registered Singapore companies cleverly circumvent trade barriers and have the opportunity to obtain more tariff reductions: Free Trade Agreements (FTA) signed by Singapore with many countries and regions facilitate enterprises to effectively enter the international market, create greater business and investment opportunities, and have the opportunity to obtain more tariff reductions;

4. Good investment environment: Singapore has signed double taxation avoidance agreements and investment protection agreements with most countries in the world;

5. Registered Singapore company's independent legal person status: Singapore company law stipulates that Singapore private limited company has independent legal person status. Can participate in litigation and own assets; It will also generate debt. The liability of the shareholders of the company is limited to the amount of capital contribution subscribed but not paid in full. As long as the subscribed shares have been paid in full, the shareholders of the company are not responsible for the debts of the company;

6. Opportunity to immigrate to Singapore: If you have a real business in Singapore and pay taxes, you can also get the opportunity for your family to immigrate to Singapore;

7 investment in Europe is simple in supervision and efficient in process;

If the annual income of a tax-free private limited company does not exceed S $5 million, no annual accounts are required;

9 registered Singapore companies, no foreign exchange control, easy financing; Holding companies can apply for listing on stock exchanges in many countries. Please click: Shijiazhuang Company Registration, Hohhot Company Registration and Urumqi Company Registration to inquire about the business in each region.

How much is industrial and commercial registration? Looking for Mande enterprise service, the company is safe and efficient, and the tax consultant is professional. Mande enterprise service is a one-stop service expert.