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StartEase takes care of the entire company registration procedure to guarantee that your company complies with all ACRA regulations right away. We represent your business in legal matters. That means instead of you, we communicate with the Accounting and Corporate Regulatory Authority (ACRA) directly.
We’ll register your company online
Verify that the desired name is available. You can verify the availability of a company name using the StartEase service or through ACRA's online business filing portal, Bizfile+.
The next step to registering a company in Singapore is to reserve your company name via ACRA's online business filing portal, Bizfile+.
Make sure your name has the correct identification at the end. Will your business, for instance, be a limited or public limited company? Ask us if you need further information.
Once your incorporation application has been approved, BizFile+ will email the appointed officers (e.g. directors, shareholders and company secretary).
Check your company registration document and bank details to ensure your company is fully compliant with the government.
Start to look for sources to get funding, save on taxes, and understand the responsibilities after setting up your company.
Singapore has a corporation tax rate of less than 17%, compared to India's 30% for domestic businesses.
India's capital gains tax rate is between 15% and 20%. Capital gains are not taxed in Singapore.
India's value-added tax (also known as the goods and services tax, or GST) ranges from 5% to 28%. It's set at 7% in Singapore. Even some commodities are excluded from paying taxes.
Dividend payments made from a company's post-tax profits are taxed in India. Singapore, meanwhile, does not impose two taxes. A shareholder's dividend is not taxed either.
Companies in India can readily access no significant tax advantages or other benefits, whereas Singapore provides various benefits to its startups.
Due to Singapore's broad network of tax treaties, businesses that do business internationally can avoid paying two taxes.
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StartEase App is a cloud-based platform that simplifies business setup and compliance management. It also offers tax filings, payroll, trademark, ISO certification and contract drafting services.
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