| Setting up an offshore company in Singapore is a | | | | While you are in the process of starting a Singapore |
| smart decision. In this tenuous global economy, where | | | | offshore company, you will also need to consider what |
| market gains are made and lost every day, and | | | | the employee requirements will be so that the correct |
| investors worry about the stability of their banking | | | | work visas can be obtained. If planning to send current |
| accounts, it is wise to look for an alternative. The | | | | workers abroad to work in the new Singapore |
| future strengths of the global economy are likely to be | | | | offshore company, they will need to acquire work |
| China and India, or at least somewhere in the East. | | | | visas. Hiring an experienced corporate services firm |
| While economies around the world stumble and falter, | | | | can assist in this process, as they will have knowledge |
| China and other Asian countries such as Singapore | | | | of the options available based on the structure of the |
| continue to perform exceptionally well, with record | | | | company and employee objectives. It is recommended |
| growth during 2010 quarters. | | | | that when undertaking offshore company setup you |
| | | | | secure the services of a corporate services firm who |
| The first steps in the process of Singapore offshore | | | | is experienced with the laws in the countries involved. |
| company set up are really preparation on the part of | | | | This can help to avoid unwanted problems and to help |
| the entrepreneur endeavouring to set up the company | | | | ensure the company structure is suitable for business |
| and are not unique to setting up a Singapore offshore | | | | objectives. |
| company. Any company start up should have a stable | | | | |
| business plan with solid objectives and a thorough | | | | There will be other tasks required after completion of |
| financial analysis. In order to complete the paperwork, | | | | setting up the Singapore offshore company. Your |
| the process of starting a Singapore offshore company | | | | corporate advisor will have knowledge what kinds of |
| includes: | | | | permits and licenses needed to run your business. |
| - Confirmation of the company name availability, | | | | Custom registrations sometimes need to be issued in |
| - Acquiring the business registration number, and | | | | certain circumstances. It is a great time now to get in |
| - Confirming the address of the new company. | | | | on the ground level on an international business |
| All of these pieces of information should be printed on | | | | expansion, and setting up a Singapore company is a |
| your company letterhead to help legitimize your | | | | good start. Comprehensive infrastructure and beneficial |
| business and for professional communication with | | | | government incentives are just two reasons that are |
| future clients, investors, banks etc. | | | | attracting more and more entrepreneurs to Singapore. |
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