Offshore company in Singapore

Service
£2200
Company formation including goverment filing fees
Registered office address for 12 months
Apostille & documents legalisation
Nominee shareholder & director for 1 year
The Power of Attorney
Company seal
Courier shipping fees
HSBC Business bank account
Total cost £2200
Annual service charges (Year 2 price onwards)
£1500
Accounting & Audit
£800
Discounted rates for business bank accounts
Rietumu Banka (Latvia)
Business debit cards are issued free of charge

General Information

Singapore is situated at the southern tip of the Malaysian Peninsula. Strategically located along the major shipping and air routes of Asia, it is the major nerve centre for trade and investments in the region.

Spanning just over 622 sq km, Singapore though small, is undoubtedly an advanced and bustling economy. It thrives on an excellent infrastructure, highly educated labour force, political stability and an efficient business environment. Singapore is an ideal holding company and headquarters location and a gateway for foreign investments in to the emerging economies of Asia, such as China, India, Vietnam, Indonesia and Thailand.

Population

Singapore has a population of approximately 4.35 million people. More than 75% are Chinese with the remaining 25%, mainly Malays, Indians and others. The different races live together with mutual respect and in racial harmony. The work force is well educated and hardworking and there is a high level of managerial and technical expertise available.

Political Structure

The People's Action Party, its single dominant ruling party since its independence in 1965, rules Singapore. There is no strong opposition party in Singapore. The Singapore Government vigilantly plans, manages and administers the country's socio-economic development. Singapore is one of the world's most politically stable and corruption-free countries.

Infrastructure and Economy

Singapore has an excellent infrastructure with state of the art communication facilities and road transport system. It operates busy and efficient air and seaports and is a free port with no customs and excise duties on most items. Singapore is also one of the leading international financial centres. Offshore investors are well served by representatives of most major international banks, financial institutions, investment management companies and accounting and legal firms.

The Singapore Government actively woos foreign investments with generous tax and financial incentives. This has successfully attracted numerous regional holding companies, corporate headquarters, business and service centres, group finance and treasury centres as well as investments in high tech industries, media and communications, shipping and financial services.

Language

The most commonly used official languages are English and to a lesser extent, Chinese, Malay and Tamil which are also official languages.

Currency

Singapore Dollar.

Exchange Control

None.

Type of Law

Common Law.

Principal Corporate Legislation

The Companies Act.
The Income Tax Act.

Contact telephone:
0203 929 3535
Address:
71-75
Shelton Street
Covent Garden
London
WC2H 9JQ
Email:
[email protected]
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