Elderton Group > International > Elderton Singapore

Elderton Singapore is a Singapore based accounting firm, registered with Accounting and Corporate Regulatory Authority (ACRA). We have a unique team consisting of specialists in accounting, tax, payroll, and company secretarial services, serving clients in Singapore, Australia and the UK. Our team is well-equipped with an in-depth knowledge of cross border transaction which require knowledge of Singapore, Australian and UK law and regulations, enabling us to provide clients with one-stop across a multiple location.

A great place to do business

Forty years ago Singapore was a swamp with a population of half a million people, the Singapore of today is one of the top most competitive and profitable places to do business. Singapore is now a reputable financial centre, a key regional trading centre, the world’s busiest port, and a top location for investments and doing business.

It’s no surprise that 40 of Australia’s 100 largest companies have subsidiaries in Singapore. Singapore is not just about large foreign multinationals, small and medium size enterprises (SMEs) are critical to Singapore’s economic success.

There are more than:

  • 100000 SMEs in Singapore
  • 35% of the economy’s value
  • 50% of employment

So, what makes Singapore attractive to foreign Corporations and International Investors and how can this benefit you?

The World’s Best Professional Work Force

Singapore has built a world-class, productive and highly educated work-force. Singapore’s highly technical and business savvy labour market attracts talent from all over the world. This intelligent and innovative workforce is well suited for meeting the challenges of the sophisticated future international marketplace.

Singapore’s Tax System is the best in the world

Singapore’s tax rate is one of the lowest in the world, with a 20% maximum tax rate for income above $320,000. Corporate tax rate is capped at 17% for profits above $300,000. There is no capital gains tax, and Singapore’s VAT rate is 7%, one of the lowest in the world.

It’s Easy to Work with the Government

Singapore’s Government is business friendly and its goal is to attract new business to guide this nation to the front of the industrialized nations.

Quality of Life

Singapore provides its residents with an excellent transportation and communication system, a top-quality healthcare system, a healthy and clean living environment, an outstanding support system for businesses and corporations, and an endless selection of cultural and educational opportunities.

Strategic location

Singapore is situated in the heart of Southeast Asia, making it possible for businesses to access a market of 3 billion people within a few hours’ flight. Singapore’s port is one of the busiest in the world, making Singapore a premier International Maritime Centre. Singapore’s modern and efficient Airport serves 20 million passengers annually and ranks “Best Airport in the World” for 20 consecutive years.

Singapore is Pro-Business

Singapore’s government is pro-business and requires minimum “red-tape” to open a business. Singapore is the easiest place in the world to set up and manage a business.

Intellectual Property (IP) Protection

Singapore has become a one-stop centre for businesses seeking to protect their IP. Singapore has very strong copyright, trademark and patent laws.

Flexible Immigration Policies

Singapore’s open Immigration policy eases the relocation of foreign nationals who wish to setup businesses there.