Key benefits of Limited Liability Company (LLC) Singapore Incorporation

Key benefits of Limited Liability Company (LLC) Singapore Incorporation

In the backdrop of a volatile global economy the relative resilience of the Asian region is gaining
a lot of attention from investors, enterprises and entrepreneurs. In order to grab a portion of the
growing pie of the Asian markets they are all scouting for a competitive location to establish the
hub of their Asian operations. Invariably the tiny red dot of Singapore tops their list of choices for
establishing a Limited Liability Company (LLC).

Singapore is strategically located at a geographic spot where east meets west and it serves
as a gateway into the whole of Asia and Latin America encompassing the fastest growing
economies of the world. The city state itself is a miracle economy which commands global awe
and reverence for its economic success, so a business registered in Singapore exudes a world
class image and reputation. Singapore has a liberal economic and immigration policy and allows
100% foreign equity. In order to aid entrepreneurs and enterprises it has in place relocation
visas known as Entrepass and Employment Pass enabling the key persons of the management
to stay in Singapore in order to nurture their new set-up.

The city state has a vast network of Free Trade Agreements (FTAs) which enables easy and
even preferential access to the growing markets or some sectors, concessionary duties, IP
protection etc. The FTAs provides Singapore domiciled companies an edge to compete in the
international trading arena. For instance post CECA the trade between Singapore an India
has grown significantly and India being a key market, enterprises are keen to find their way via
Singapore.

Singapore registered LLCs can capitalize on the favorable tax regime the corporate tax is just
17% for incomes over S$300,000 and for incomes less than S$300,000 the effective tax rate
is just around 9%. The single tier tax system also profoundly favors the small and medium
size business owners. Mr. Darren Leow of SingaporeStartup.com says "the tax regime itself
is enough reason to incorporate a LLC in Singapore but other factors such as stable, clean
government, proactive economic policies, targeted promotion of certain industries, world class
infrastructure and to top it all a competent cosmopolitan workforce are key to the country being
the most sought after location. Moreover LLC Incorporation and business registration process
and post incorporation formalities are outsourced to efficient professional service partners so it
is hassle free, therefore it is business from day one"


SingaporeStartup.com is a Leading Singapore incorporation portal about Singapore corporation
setup, Singapore shelf company, branch office registration, subsidiary formation, and Singapore
taxation. If you want to learn more on how to register a company in Singapore, visit http://
www.singaporestartup.com

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