Now most of the customers of international trade will be registered in overseas companies, the best option is out of Hong Kong, Singapore is also an ideal place to register, so today we will talk about the advantages of Singapore companies in the end what?

First, Singapore's political, economic and trade environment is stable; Secondly, Singapore has no foreign exchange control, so it is easier to raise funds. Meanwhile, it has signed investment and double taxation protection treaties with many countries. Again, if it is in accordance with the Corporate law205Bor205CChapter of the audit exemption clause, Singapore companies can exempt from audit, but need to make financial reports. Audit immunity clauses generally include:a.The company owns no more than20Individual shareholders;b.The shareholders of the company are all individual shareholders and there are no corporate shareholders.c.The annual turnover of the company does not exceedS$10,000,000). Singapore corporation tax rate is17%The tax rate is lower than the domestic tax rate. As long as the Singapore company makes profits, it is subject to tax (global tax). But the government has tax breaks depending on how much profit it makes, up to a maximum200,000The exemption of new currency.

Global Tax Explanation: The Singapore Government stipulates that companies incorporated in Singapore or foreign companies operating in Singapore are required to pay "corporation tax" (company income tax) in Singapore.

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.