EASIEST PLACE TO START A BUSINESS
- Posted by admin
- 21 November 2013
- Press Release
With professional help from corporate consultancy service companies like Sandhurst Consultancy starting a business in Singapore is a breeze
[21 November 2013, Singapore]- The World Bank’s 2014 Doing Business Report indicates that Singapore remains one of the easiest places in the world to start a business. It retains this place for the 8th consecutive year. While government support through single window trading system and e-filing for permissions and applications has helped, the role of companies like Sandhurst Consultancy that offer corporate solutions at affordable rates cannot be denied.
“We help small and medium enterprises in company formation, registration, financial accounting, tax consultation and other corporate secretarial services like business process outsourcing, payroll services, GTS registration etc” says a spokesperson for Sandhurst Consultancy Private Limited. All of these services and affordable, keeping in mind the limited budgets afforded by SMEs.
This is further supported by government policies that encourage transparency. Unlike other countries, there are fewer procedures to obtain construction permits, electricity connections, etc. Company registration fees here are also much lower than they are elsewhere.
The average time required to start a business in Singapore is just 3 days! Compare this to the time taken in countries like China where it takes almost 33 days to do so, or the United Kingdom where it takes around 12 days. To obtain clearance from the government and custom authorities for export, businesses need to submit just 3 documents; whereas to obtain the same license, SMEs in China have to submit no less than 8 documents.
“Thanks to the low registration costs and increased efficiency, starting a company in Singapore is not only easy, but affordable as well. This enables us to not only quote our fees openly on our website, but also assure clients about the absence of any hidden costs,” adds the spokesperson. Such hidden costs usually form the bulk of expenses in many countries.
With consultancies like Sandhurst, the entire process can be handled under one roof and under one single package.
About Sandhurst Consultancy Pte. Ltd:
Sandhurst Consultancy is a fast growing company managed by qualified accountants with more than 3 decades of experience. They not only help in company formation and registration, but also offer services such as auditing, accounting, tax advice, business process outsourcing, payroll processing, GST registration etc.
To know more, visit, https://www.e-sandhurst.com