Why is Singapore one of the best places to start a company in Singapore?
Are you thinking of incorporating a company in Singapore? Singapore is a popular choice for aspiring entrepreneurs to start their business. Here’s why Singapore is one of the top choices for company incorporation.
- Low Corporate Tax at 17%
- Vibrant Ecosystem for Startups
- Political Stability and Pro-business environment
If you have decided to start a business in Singapore, you will first need to incorporate your company. There are 5 types of business structures to choose from –
- Sole Proprietorship
- Limited Partnership (LP),
- Limited Liability Partnership (LLP)
- Company or Private Limited.
Each of these business structures has its pros and cons, and it is vital to understand the pros and cons of different business structures before incorporation. If you are not sure which suits you best, do message us for a free consultation.