Asiabizservices Offers Singapore Company Registration
A company registered in Singapore follows the private limited structure unless the investors have expressed
them implicitly to be otherwise.
Cloaked with a legal personality other than those of its...
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Asiabizservices Offers Singapore Company Registration
A company registered in Singapore follows the private limited structure unless the investors have expressed
them implicitly to be otherwise.
Cloaked with a legal personality other than those of its shareholders and
directors, the private limited company is bestowed with attractive features.
As a tax resident, the tax authorities of Singapore indulge a private limited company to tax exemptions on its
first three years of assessment following its incorporation.
Companies are exempted to pay corporate taxes
for the first accumulated S$100,000 revenues.
A flat rate of 17% is charged against revenues soaring
above S$300,001.
A half of that rate is levied against the next S$200,000 revenues after the S$100,000 tax
exemption.
To form a private limited, the Companies Act of Singapore requires three independent individuals to satisfy
three different positions.
These positions according to Chi Han, Asiabiz Services’ business analyst, a
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