Press Release (ePRNews.com) - SINGAPORE - Oct 07, 2016 - SBS Consulting is one of the incorporation agent, much appreciated for its swift assistance for company incorporation Singapore. The firm also delivers other business services like accounting, company secretary, payroll, etc. The firm employs experts to capably support the needs of the clients.
For the majority of startup entrepreneurs, bootstrapping their new business is a costly affair. Their personal funds are involved. In addition to the cost of registration of a private limited company, they have to provide for an office, marketing and promotion activities, permits & licenses, mobile and the internet and utility bills, stationary, etc.
“A dollar saved is dollar gained. What is better than an opportunity to save some money right at the time of their new company incorporation Singapore. Getting a three-in-one package for the cost of one is something that is most helpful to them when they have to spend carefully.
It is a good omen and the right way of starting a new adventure with their best foot forward. Our company registration Singapore package saves them S$499 in company secretary services and S$299 for office address, ” commented Ms. Meena.
“The private limited company (Pte Ltd) is the most favored business structure in Singapore. It is a dynamic and scalable option available to the owners. A Pte Ltd limits their liability to their share amount. Their personal assets are not used to pay the debts and losses of the company. The Pte Ltd pays corporate income tax which is in the range of 0% – 17%.
The entrepreneurs also have the option of registering a Sole Proprietorship. However, it is not an incorporated company, but, a business firm. Its liability is owner’s liability which puts his or her personal assets at risk. Moreover, the owner has to pay personal income tax on the sole proprietorship’s taxable income. The tax ranges from 0% – 22%,. In the long term, a sole proprietorship is a costly affair, ” elaborated an accountant working in SBS.
Singapore incorporation services assign a dedicated resource to their clients. The professional after receiving the incorporation documents from them initiates the Singapore company registration process and advises them whenever it is necessary.
Typically, it takes only 1 – 3 days to set up a company in Singapore. If the application gets referred to the referral authorities, it may take 14 days to 2 months to get approved.
“The business owners want to cash on the pro-entrepreneur startup ecosystem put in place by the Singaporean authorities. The country also provides a stable political environment, high-class infrastructure and communication networks, reliable sea-links to as many as 600 ports in 123 countries, and highly dependent air links to the emerging markets of Asia. It is a perfect staging post for a foreign company to make its appearance in the Asia.
That is why, every year, the number of Singapore business incorporation is constantly rising. For the owners, preferring our promo package for their company incorporation Singapore is, cost-wise, an affordable choice,” concluded Ms. Meena.
About SBS Consulting:
SBS Consulting is one of the prime Singapore incorporation services that assists entrepreneurs with their company incorporation Singapore. The firm is also recognized for its prompt accounting, bookkeeping, GST registration, payroll, company secretary, XBRL filing and GST filing services.
SBS Consulting Pte. Ltd.
High Street Centre,
#17-02, 1 North Bridge Road,
Singapore – 179094
Email: email@example.com Source :
SBS Consulting Pte Ltd