As most recent trends in global convergence tend to impose higher tax rates on a global scale, Singapore has decided to prepare new regulations for the base erosion and profit shifting (BEPS) movement in order to prevent the downfall of the economy. Our specialists in company registration in Singapore can provide you more information about the taxation system.
Discussing the restructuration of the Singapore economy, the Deputy Prime Minister Tharman Shanmugaratnam, declared small and medium-sized companies must be paid special attention as the economy changes. The actual support granted by the Government together with new measures which help local companies should ensure their thriving and the wellbeing of the Singapore workforce. For details about the current legislation related to company incorporation you can ask our specialists in company formation in Singapore.
According to the Government and trade agency International Enterprise, Singapore has all the attributes to remain one of the largest commodities trading networks in the world. Singapore has carefully crafted its procedures to become as successful as it currently is. Our consultants in company formation in Singapore can help you set you set up a trading company.