Have you ever thought of starting your own business early on? Have you got the idea of a perfect solution that will be helpful for people in the future? If that is the case, then it is easy to start your business in the current fast-paced world. As the online market is getting the due attention from the people, any new idea of business should make sure that they can easily align with the market trends and technological up-gradation.
Those who have just started their business might know of the different options they can use for the registration and incorporation. When comparing to other countries, it is much easier to form a business in Singapore. People living in the country, who are in the process and having an idea of business know that there are several options available. Margin Wheeler is one such firm that is focused on helping people in the process of value Singapore company incorporation and registration.
What is the process?
The business market is flooded today as many people are starting their firm and now everything has become systematic. It is extremely important to understand that to form a company in Singapore, there is a need for the firm to be registered with ACRA (Accounting and Corporate Regulatory Authority) which is also one of the main processes of incorporation. Through Margin Wheeler, people can conveniently form as they have control over the process and help in value Singapore company incorporation.
What are the benefits?
- They get Tax Exemptions (75%) on the first $100,000 and (50%) on the next $100,000 net profit amounting to $125,000 for the first 3 years.
- Along with that, they also get Partial Tax Exemptions (75%) on first $10,000 and (50%) on next $190,000 of net profit amounting to $102,500.
- They have Limited Liability (these are limited to pay-up compensations only up to the firms indicated paid-up capital).
- Also, the personal Assets of Directors or Shareholders will not be implicated.