Healy Consultants Publish Business Guide For Singapore Company Registration

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 26, 2011 -- SINGAPORE – Healy Consultants Pte Ltd, a leading provider of offshore company services, has released its “Singapore Company Registration Guide” for 2011. The free online publication outlines the necessary requirements to incorporate a company in Singapore, including information, facts, procedures, and fees.

Managing director of Healy Consultants, Aidan Healy, described the Singapore registration guide as a good overview for any business people considering Singapore as the domicile for their business.

“These guidelines can be used both by entrepreneurs seeking to go global or more established companies wanting to expand their overseas operations to Singapore,” Healy said.

A Singapore company setup has four important steps. The registration guide outlines necessary step-by-step incorporation procedures for each phase of Singapore company formation:

1. Structuring: Deciding on the most appropriate corporate structure for you and your business.

2. Naming: What will you name your business? The Singapore Company Registrar must approve all business names.

3. Filing: Hiring a consultant is best to care for registering your company. They are familiar with local laws and practices, and take care of everything, from filling out and filing forms with the Singapore Company Registrar, to applying for your Business Registration Certificate, plus handling all necessary fees.

4. Finalizing: Once the official notification of incorporation is received, it’s time to get your business rolling! A consultancy firm is helpful to use to open a Singapore bank account, obtain visas, find an office, and market your enterprise.

According to the Accounting and Corporate Regulatory Authority (ACRA) of Singapore, approximately 30,000 companies were registered in 2010, for an almost 15% increase in registrations from the previous year.

Singapore corporate tax rate is 17%, the third lowest in the world, making Singapore a very desirable jurisdiction for overseas companies to do business in Asia.

Visit www.healyconsultants.com for more information on undertaking Singapore company registration.

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