OFFICES

SINGAPORE

INTERNATIONAL BUSINESS SERVICES FROM SINGAPORE – OCRA (SINGAPORE) PTE LTD

OCRA Singapore provides a complete range of professional corporate services for the incorporation and management of Singapore, offshore and international companies.

Since 1985, we have been providing services to clients based in the Asia Region. Our client base is diverse and includes professional firms, expatriates, business, entrepreneurs and high net worth families and individuals. We regularly travel to meet our clients.

Over Fhe last few years, OCRA Singapore, like all our offices in Asia, has evolved from serving Asia to serving the world from Asia. This focus on serving the world from Asia derives not only from international initiatives that have constrained the activities of the traditional European and Caribbean offshore centres but also from increasing international awareness of the capacity and robustness of Singapore as an international financial centre.

Today, our office serves over 1,000 clients, all of whom benefit from Singapore's developed financial infrastructure, reputation, client confidentiality laws and its investor and non-resident friendly tax regime.

We invite you to contact one of our consultants to discuss your unique requirements.

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SERVICES

  • Corporate structuring in ALL major jurisdictions
  • Full administration and accountancy services
  • Assistance with the establishment and maintenance of bank accounts
  • Registration of Singapore companies
  • Registration of branch offices of foreign companies
  • Administration of companies involved in purchasing or international trading transactions through Singapore

KEY ADVANTAGES – UTILISING SINGAPORE AS A TAX PLANNING BASE

  • Low personal tax rates, no capital gains tax and low inheritance tax
  • No restriction on the free entry and repatriation
    of funds
  • A Singapore company is resident and domiciled
    in a country with a highly regarded international reputation, thus facilitating our clients to more successfully trade in Asia and trade globally
  • Any income that is not Singapore source income remitted into Singapore by a non-Singapore company is exempt from Singapore tax
  • Singapore has many double taxation treaties
  • Singapore is a popular location for Asian
    regional headquarters
  • A corporation tax rate of 17%
  • To support entrepreneurship and to help Singapore local enterprises grow, a newly incorporated company that satisfies the
    qualifying conditions can claim for full tax exemption on the first $100,000 of normal chargeable income* (excluding Singapore
    franked dividends) for each of its first three consecutive YAs.
Companies qualifying for audit exemptions are:

Exempt companies

  • Members of the company do not exceed 20.
  • Members of the company are individuals and not a corporation.
  • Annual turnover does not exceed S$5m.
  • in question or has not started business since its incorporation.

ABOUT SINGAPORE

  • Singapore is a member of the British Commonwealth and gained independence from Great Britain in 1990, but retains close links with the British Crown.
  • As a well established premier Asian financial hub, Singapore has political stability, sound economic and financial fundamentals, and client confidentiality standards comparable to those of Switzerland.
  • Many large accountancy and legal firms have offices in Singapore, as do most of the major international banks.
  • Communications are excellent with state-of-the-art telecommunications equipment and an airport that serves as a regional hub for over 100 destinations.

RELATED RESOURCES

Doing Business in Singapore Singapore Resident, Non-resident Private Limited Companies

CONTACT DETAILS

OCRA (Singapore) Pte Limited
8 Temasek Boulevard
#35-03 Suntec Tower 3
038988
Singapore
T: +65 6535 3382
F: +65 6535 3991
Languages Spoken: English
Time in Singapore is:

KEY CONTACTS

DIRECTOR
Simonne Toh
Since obtaining her MBA degree, Simonne Toh has been working with our international client on companies formation, maintenance and administration in Singapore and worldwide for more than 10 years. Her responsibilities also include working with professional firms to provide clients with solutions to their specific business needs.  Simonne was previously a management consultant to small and medium enterprises in Singapore.
T: +65 6535 3382
F: +65 6535 3991
SENIOR COMPANY SECRETARIAL MANAGER
Cameila Ang
ACIS, BSc (Econs)
Camelia Ang is a Chartered Secretary and a graduate from the University of London with Bachelor of Science (Economics).  She joined OCRA in 2004, and her current responsibilities include working with international clientele relating to company set up and on-going administration to meet their business requirement. Prior to her work in OCRA, she worked in a professional management consulting firm to provide hands-on assistance and promote growth of small and medium enterprises in Singapore.
T: +65 6535 3382
F: +65 6535 3991
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professional advice. OCRA Worldwide does not accept any responsibility, legal or otherwise, for any errors or omission.