Singapore corporation

Keywords: singapore corporation
Description: OCRA Singapore provides a complete range of professional corporate services for the incorporation and management of Singapore, offshore and international companies.

OCRA Singapore provides a complete range of professional corporate services for the incorporation and management of Singapore, offshore and international companies.

Since 1985, we have been providing services to clients based in the Asia Region. Our client base is diverse and includes professional firms, expatriates, business, entrepreneurs and high net worth families and individuals. We regularly travel to meet our clients.

Over the last few years, OCRA Singapore, like all our offices in Asia, has evolved from serving Asia to serving the world from Asia. This focus on serving the world from Asia derives not only from international initiatives that have constrained the activities of the traditional European and Caribbean offshore centres but also from increasing international awareness of the capacity and robustness of Singapore as an international financial centre.

Today, our office serves over 1,000 clients, all of whom benefit from Singapore's developed financial infrastructure, reputation, client confidentiality laws and its investor and non-resident friendly tax regime

  • Low personal tax rates, no capital gains tax and low inheritance tax
  • No restriction on the free entry and repatriation of funds
  • A Singapore company is resident and domiciled
  • in a country with a highly regarded international reputation, thus facilitating our clients to more successfully trade in Asia and trade globally
  • Any income that is not Singapore source income remitted into Singapore by a non-Singapore company is exempt from Singapore tax
  • Singapore has many double taxation treaties
  • Singapore is a popular location for Asian
  • regional headquarters
  • A corporation tax rate of 17%
  • To support entrepreneurship and to help Singapore local enterprises grow, a newly incorporated company that satisfies the
  • qualifying conditions can claim for full tax exemption on the first $100,000 of normal chargeable income* (excluding Singapore
  • franked dividends) for each of its first three consecutive YAs.
  • Members of the company do not exceed 20.
  • Members of the company are individuals and not a corporation.
  • Annual turnover does not exceed S$5m.
  • in question or has not started business since its incorporation.
  • Singapore is a member of the British Commonwealth and gained independence from Great Britain in 1990, but retains close links with the British Crown.
  • As a well established premier Asian financial hub, Singapore has political stability, sound economic and financial fundamentals, and client confidentiality standards comparable to those of Switzerland.
  • Many large accountancy and legal firms have offices in Singapore, as do most of the major international banks.
  • Communications are excellent with state-of-the-art telecommunications equipment and an airport that serves as a regional hub for over 100 destinations.

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