Let Chai Chung Hoong Help You Set Up Your Singapore Business In The Most Competitive Country In The World According To World Economic Forum

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Singapore has overtaken the United State of America to become the most competitive country in the world. This is according to the World Economic Forum (WEF) 2019 Global Competitiveness Report. Today AI Accountant shares with us the secret code to setup a successful business in Singapore.

Strong Corporate Governance Code

Companies need to exercise reasonable due diligence so as not to be charged under Section 410 of the Penal Code in the State Courts for breaching Section 157 of the Companies Act Chapter 50.

International Finance Hub Not Tax Haven

With laws in place, a business owner who is incorporating a Singapore offshore company will benefit from Singapore’s clean reputation as a trusted financial centre, and not a tax haven. An offshore shelf company incorporated in Singapore provides credibility and stature as a legal entity.

To negotiate the complex code of incorporation and compliance with the Companies Act, help is available from the professionals from AI Accountant. With 10 years of hard work and commitment in Singapore’s accounting and auditing sector, Chai Chung Hoong is one of the most knowledgeable team members of AI Accountant. AI Accountant Chai Chung Hoong will guide you on company incorporation in Singapore and advise you on the state and statutory requirements of resident director, nominee director in the discharge of company duties.

For entrepreneurs in a hurry, AI Accountant partner has Singapore shelf company for sale. Shelf companies are business entities already incorporated without business operations. It allows business owners to start operations immediately whether it is trading or a new Italian restaurant chain selling rivioli and pizza.

Using Technology In Accounting

AI Accountant Chai Chung Hoong believes that an AI-dominated accounting system will be the future of the Accountancy Industry. It will be the next step of the technological revolution that is happening in Singapore and the world.

AI Accountant is partnering many overseas ventures to do research into the use of artificial intelligence that can deliver better corporate provider services and stronger due diligence processes so that we can better serve our future customers.

This is an exciting new arena with many challenges and ground-breaking developments. Not yet a customer of AI Accounting? Come check out AI Accountant today!