Our Bureau
Singapore
In the vibrant business landscape of Singapore, Indian-origin entrepreneurs are making significant strides, leveraging the country’s pro-business environment and favorable tax policies. Among them, a husband-wife duo is gaining recognition for their innovative approach to business incorporation and Anti-Money Laundering (AML) advisory services.
At the forefront of this trend is the incorporation of Singapore companies by Indian startups, which has become increasingly popular due to Singapore’s low corporate tax rates, strong intellectual property laws, and ease of doing business. The husband-wife duo, while not specifically named, represents the growing number of Indian-origin entrepreneurs who are capitalizing on these advantages. They are particularly notable for their expertise in guiding businesses through the complex process of AML compliance, ensuring that companies operate within the stringent regulations set by the Monetary Authority of Singapore (MAS).
Singapore’s appeal to Indian entrepreneurs extends beyond its economic benefits. The city-state offers a multicultural and diverse environment that attracts talent from around the world. This diversity, combined with a stable economy and favorable business policies, makes Singapore an ideal hub for entrepreneurs looking to expand globally.
The process of incorporating a business in Singapore is streamlined, with the Accounting and Corporate Regulatory Authority (ACRA) facilitating quick and efficient registration. For Indian startups, this ease of incorporation, along with tax incentives such as the Startup Tax Exemption Scheme, provides a compelling reason to establish operations in Singapore.
As the husband-wife duo continues to lead in business incorporation and AML advisory, their success reflects the broader trend of Indian-origin entrepreneurs thriving in Singapore. Their expertise not only helps businesses navigate legal complexities but also underscores the importance of compliance in maintaining the integrity of Singapore’s financial system.
