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Doing Business in Singapore
Dong Business in Singapore Package of I.B. Capital Management provides a detailed overview of our services
about Start or Reside business in Singapore. As with most other jurisdictions, today many investors and entrepreneurs
are choosing to set up their businesses overseas especially in jurisdictions like Singapore. Strategic location, productive
work-force, stable economic and political environment, world-class infrastructure, an effective legal system are some of
the factors that continue to contribute to its success.
Today Singapore is one of the most tax friendly Country for companies and individuals. Singapores tax regime is
well-known for its attractive corporate and personal tax rates, tax relief measures, absence of capital gain tax, one-tier
tax system and extensive double tax treaties.
Current Tax Rates in Singapore:
Corporate Tax Rates in Singapore
Income (In SGD) Tax Rate
Tax rate on Corporate profits for up to 300 000 SGD 8.5 %
Tax rate on Corporate profits above 300 000 SGD 17 %
Tax rate on dividend distribution to shareholders 0 %
Tax rate on capital gains accrued by the company 0 %
Tax rate on foreign-sourced income not brought into Singapore 0 %
Tax rate on foreign-sourced income broght into Singapore 0 %

Personal Tax Rates in Singapore (In SGD
Currency)
Income
Tax
Rate
First 20 000 S$ - Next 10 000 S$ 0 - 2 %
First 30 000 S$ - Next 10 000 S$ 3.5 %
First 40 000 S$ - Next 40 000 S$ 7 %
First 80 000 S$ - Next 40 000 S$ 11.5 %
First 120 000 S$ - Next 40 000 S$ 15 %
First 160 000 S$ - Next 40 000 S$ 17 %
First 200 000 S$ - Next 120 000 S$ 18 %
First 320 000 S$ - Next 320 000 S$ 20 %

We offer full Doing Business in Singapore service package for Individual and Corporate clients who are
seeking to find world class professionals to establish their business in Singapore. Doing Business in Singapore full
service package includes the following:
Business Visit in Singapore
Introduction of Singapores business environment and investment climate
Singapore Company Formation
o (Name reservation, preparation of incorporation documents, registration with registrar of
companies, bank account opening assistance, electronic certificate of incorporation, company

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profile extract from registrar of companies, minutes of first board meeting, share certificates,
company seal, company rubber stamp, government and our professional fee).
Set Up Corporate Services
o First year Corporate Secretarial Services
o First year registered Office (If required)
o Nominee Resident Director
o Employment Visa Pass Application filling for 1 Applicant
o Entrepreneur Visa Pass for 1 applicant
o Permanent residence
Arrange Meeting with Local and International Commercial and Investment Banks
o DBS Bank
o United Overseas Bank (UOB)
o Developmental Bank of Singapore
o OCBC Bank
o Standard Chartered Bank
o Citibank
o HSBC
o Barclays Bank
Real Estate Service
Legal Service
Financial Consulting Service
Investment Consulting Service
Tax Consulting Service
Management Consulting Service
M&E Consulting Service
Risk Consulting Service
Private banking service for Executives
Full VIP Asset Protection service for
Executives

Today I.B. Capital Management is a partner of leading banks in Singapore as local as international based.
The process and the steps for doing Business in Singapore are as follows:
Submit your request at irakli.berdzenadze@ibcapitalm.com or Fax at: +44 (0) 161 601 0229
o Consultants of I.B. Capital Management will follow-up with you to clarify any questions you might
have and to advice you of the next steps.
Provide all necessary information for Doing Business in Singapore
o We will call you to ask several important questions with details, after we will send you special
clearance form with the necessary information about your business sphere and details about your
company formation. After you complete this form we can start to active Doing Business in
Singapore package for you.
Make Payment
o Upon receipt of the completed form or request from you at irakli.berdzenadze@ibcapitalm.com ,
we will send you an invoice for our services. In order for us to commence our services, you will
need to make payment as per the invoice sent to you. We accept only bank transfer.
Meeting with I.B. Capital Management

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We schedule with our client face to face meeting in Manchester | Singapore or in any clients preferable
following locations: New York | London | Paris | Istanbul | Dubai | Beijing.
Prepare Company Incorporation Documents
o Upon receipt of the payment, we will prepare the necessary incorporation documents. We will
email and post them to you for signing.
Incorporate Company
o Upon receipt of the signed incorporation and supporting documents from you, we will proceed to
incorporate the company with registry of companies i.e. accounting and corporate regulatory
authority of Singapore (ACRA)
Open Bank Account and inject capital
o Once the company has been registered with ACRA, we will assist you with opening of a corporate
bank account by providing the necessary incorporation documents for the newly incorporated
company. Please note that the bank will conduct their own dui diligence and may require meet
with the Executive Directors of the company.
Prepare and file employment pass collection (If requires)
File an appeal if necessary
Arrange for employment pass collection
Set Up VIP Asset Protection for Executives
Starting Consultancy
o Financial Consultancy
o Investment Consultancy
o Management Consultancy
o Tax Consultancy
o Risk Consultancy
o M&E Consultancy
You are done!
Doing Business in Singapore Package Fee is 45 000 $
* Minimum capital requirements for Individual clients is 200 000 $ and for Corporate clients 800 000 $

For Doing business in Singapore questions please write at: irakli.berdzenadze@ibcapitalm.com or contact us
I.B. Capital Management Headquarters
Manchester, UK
Pall Mall Court
61-67 King Street
Office: +44 (0) 161 818 6188
Mobile: +3 725 4700 725
Fax: +44 (0) 161 601 0229
Web: www.ibcapitalm.com
E-mail: contact@ibcapitalm.com