Tag Archives: Choosing

General Business

Company Formation : Choosing The Right Jurisdiction

In today’s global economy, an increasing number of companies are setting up offshore operations. Today, a sizable number of MNCs and small to medium sized companies are based offshore. Likewise, numerous self-employed consultants hold offshore companies and offer their services to clients across the world. There are several reasons behind why businesses are choosing to incorporate offshore companies such as low taxes, ease of company formation and ongoing compliance, transparent and efficient legal system, and access to world-class financial institutes.

A number of factors need to be considered and deliberated upon while setting up an offshore business. In order to choose the right business jurisdiction, critical elements such as the business environment, costs involved, ease of company formation, ease of ongoing compliance, bureaucracy levels, and tax regime need to be taken into account.

Ease of company formation, minimal statutory compliance, and low bureaucracy levels

Incorporating an offshore entity holds many benefits for a company; easier business administration being one of the key advantages. Businesses that are constrained by the convoluted legislation, red tape and compliance-related hurdles in their own countries often choose to incorporate an offshore company. Tax rates, regulatory requirements, and economic incentives differ greatly from country to country. Choosing the right jurisdiction for incorporating a business should therefore be done keeping these considerations in mind. Business incorporation takes very little time these days and the administrative tangles are minimal with most of them being handled by a company agent. All you need to do is make use of the company incorporation services offered by a consultancy that specializes in the field.

Conducive business environment

The general business climate should be pro-business and pro-talent and this is usually reflected in a country’s immigration policies, regulatory environment, and the openness of its people. It is important to choose a jurisdiction that not only ensures the availability of excellent infrastructure but also enforces policies and laws that promote entrepreneurship and commerce.

Higher profitability

Offshore business incorporation can be highly profitable as a wide-variety of shares, bonds, commodities and other financial instruments can be held and managed through a single offshore company. Moreover, investments made through an offshore company are generally exempted from tax on the income from the investments.

Low taxes

Many leading jurisdictions that cater to global investors offer low tax rates and minimum reporting requirements. This means that the company benefits not only from low corporate tax, but also from lesser compliance and other regulatory costs. Moreover, many such countries offer no inheritance tax or capital gains tax.

Singapore as your destination for business incorporation

Singapore offers numerous advantages which makes it one of the best places to start a business.

According to the Doing Business 2010 Report Singapore retained its ranking as the world’s easiest location to do business, due to its low import and export costs, well-framed laws for protecting investors, and labour regulations that favour employers. Due to its low and simple tax regime, Forbes rated Singapore as having the 11th lowest tax misery in the world. Singapore is also the most competitive country in Asia according to the World Economic Forum’s Global Competitiveness Report. Unlike other jurisdictions, there is no requirement to rent or purchase a physical office in Singapore for company incorporation. Singapore’s corporate tax rate is a flat 17%. Additionally, there are tax exemptions for startup companies. There is no capital gains tax in Singapore. Furthermore, incorporating a company in Singapore only takes one day. All these factors make the country an ideal jurisdiction for business incorporation.

Hong Kong as your destination for business incorporation

Like Singapore, Hong Kong is one of Asia’s major economies and a preferred choice for business incorporation. Hong Kong is ranked as the world’s freest economy and also ranked third in the World Bank’s ‘Ease of Doing Business Report’, 2010. Hong Kong has the lowest tax rates in Asia and one of the lowest rates in the world. Taxes in Hong Kong are levied on the “territorial principle”. In other words, taxes are only levied on income “derived from or arising in” Hong Kong and not on income sourced outside Hong Kong. No tax is levied on profits arising abroad, even if they are remitted to Hong Kong.

Market Analysis

Benefits of Choosing a Custom Website Designer

If you are planning to have an online web presence for your business, you will find a huge amount of information related to website design and development, online marketing activities like SEO and PPC advertising which is likely to confuse you. Your first consideration should be to build a basic website and then implement other marketing strategies to promote your business. Deciding At this stage you need to decide whether to get your website built by web designers offering only templates or in consultation with custom website designers who will prepare the site based on your specific business needs.

Designers in a custom web design company would understand your business requirements, conduct research and market analysis before starting the design process. They will design a customized website for you according to your needs. Well, taking the services of a website designer that basically uses templates to create a website will seem to be the cheapest and most time saving option to get an online presence for your business but it can actually retard the future growth of your website.

The website designed by a company dealing with template website design has a very limited functionality and it is not easy to customize it as per your needs. There is a possibility that an another company would use the same template for their business website. The whole idea of having a website for your business would be useless if another company uses the same template. So, if you want to maximize the online presence of your company and don’t want your competitors to have a similar looking website with almost same web page design and color scheme then you should consider hiring a custom web designer.

Although it can be more economical to get your website designed by a template design companies but then your site won’t be attractive enough to impress your potential customers. If your website is of superior quality and has relevant information, customers are more likely to approach your company and show interest in the products and services offered. On the other hand, if your website design is of poor quality and generic, potential customers won’t stay on it for much long.

Custom website designers will develop customized website in such a way that there is scope for making future changes. Designers will interact with you during the design phase and will give you chance to refine your requirements at all stages of website design.

Market Analysis

Choosing Singapore For Company Registration

When it comes to taking the financial temperature of today’s global economy, everyone is looking to the East. China is a powerhouse in terms of economic expansion, development, and ingenuity. That kind of growth and success is having a bleed-over affect onto other nearby markets. One of the foremost leading countries where entrepreneurs are choosing to register their business is Singapore.

Globalisation means business is always being done at any given hour of the day or night, and a Singapore company can give both geographic and strategic advantages. Singapore’s location gives easy access to the greater Asia Pacific region and is also in a time zone that allows business day contact with other major trading regions such as the UK, Middle East and the US.

There are many things to take into consideration when you are registering a Singapore company. Singapore company formation also requires a number of steps. For these reasons it is beneficial to have the guidance of an experienced corporate service company. A professional advisor can assist in developing a suitable Singapore company structure for your business objectives and then manage the company registration process. If you are not living in the country, the company service provider can act on your behalf. Before beginning the setup process, an entrepreneur should have undertaken comprehensive research and developed a business plan, a market analysis and operational strategies including the details of directors for the company.

When you are registering a Singapore company, you will need to provide the required due diligence about your company. This can include your company’s address, details of resident director/s, financial details of projected expenses and annual revenues for the Singapore company. If the company is employing people in Singapore they will need to apply for suitable work visas. Appointing a resident director in Singapore is a legal requirement with Singapore Company registration. One advantage of using a good corporate services firm is that they can provide a resident director for your company.

Completing the process of registering your Singapore company, may also require application for licenses, depending on what the company’s activities. Another step is to open a corporate bank account in Singapore to keep the business funds. Singapore’s financial services sector is world class and is an efficient jurisdiction from which to manage international financial transactions.

While the process for Singapore Company registration does require specific steps to be completed and due diligence to be provided, the benefits can be highly rewarding. Singapore is an ideal jurisdiction for international business operations. Superb infrastructure and pro-business incentives/policies are the reasons why many entrepreneurs are registering their company in Singapore.

Forex Trading Articles

Forex Trading System Tips For Choosing it

If you’re new to forex, you’re going to need forex charts. As you develop your forex trading system, use the demo accounts that many trade brokers provide. They’ll generally provide free forex charts as part of their demo forex trading system. There are basically important factors to consider when selecting a winning forex trading system:

The risk reward ratio – this is a pretty simple method and almost self-explanatory. A good ratio to use when involved in Forex trading is 1:2. In other words for every dollar that you risk your looking to get two dollars back in return. If you do anything less you’re setting yourself up for failure as you would have to have successful trades over half the time. This method allows you the luxury of breaking even with a 33% success ratio.

A successful Forex trading system is simple. There is no need for a complicated trading system with too many rules. It is a proven truth that simple systems work better than complicated ones, and they have higher chances of success despite of the “brutal” characteristic of Forex trading.

All successful systems are based on the concept of support and resistance and these are levels that if broken are considered valid by the market participants. Generally you are looking for several tests preferably in two or more time periods that are widely spaced i.e. weeks or months between them.

Customer Service – It’s a good sign and important to know that the publisher for whichever program you decide to go with cares enough about your opinion of them to return your message swiftly and effectively responds to your concern. Ideally you’ll never have a problem with your program, but in the off chance you ever have a question or issue, it’s good to know that it will be taken care of. If the publisher has no phone support, send them an email to gauge their response time. Response time of somewhere between 1 and 3 hours is ideal.

Make sure you get the best Forex trading system education that you can. Avoid free Forex trading system courses and find one that you can budget for. Also be sure to expand your Forex trading education throughout your Forex trading career.

The savviest Forex traders understand that the top Forex currency trading system is the one that they have perfected and fixed to, with no exceptions. Through the creation of your personal Forex currency trading system and fixing to it, will almost place your Forex global trades on autopilot and simply follow the Forex currency trading system you created that are proved to work.

Forex Trading Articles

Choosing The Right Style

Among all the advantages offered by the Forex, the chance for unlimited profits is perhaps at the top of the list. But most investors are drawn by the fact that they can be any kind of trader they choose to be. So if you’re adventurous and attracted by risk, scalping will certainly suit your personality. If on the other hand you crave stability and prefer the longer term Forex trade investments, long term trading will appeal.

The following overview of the different currency trading styles available will help you find the one that expresses your individuality. But don’t think you have to stick to just one. You may want to day trade or go for it in a fast-paced FX trading market.

Those who draw benefits from small price fluctuations are known as scalpers. Scalping means getting in and out of a position within minutes, but never staying in longer than one hour. The best opportunities present themselves during periods of extreme volatility. So if you’re watching the Forex online, you’ll want to pay closer attention to the hours when the European and American market sessions overlap. Note that for such fast pace investing, you’ll want to use a platform that showcases very small time frames i.e. 1-3-5 and 15 minute lights.

Day trading is another popular style used by profit seekers. A position is usually opened and closed within the same day, generally before 5 pm EST. Traders opt for the medium time-frames when setting up their chart technical analysis. Ideally, they select the 15, 30, 60 and 240 lights on their Forex trading software.

Swing trading is yet another favorite of investors. It differs from day trading in that one can hold a position for up to five days. Here, the goal is to capture anywhere from 200 to 500 pips. Currency exchange experts advise using daily charts to perform technical and/or fundamental analysis.

We also have position trading, which involves staying in a trade for an extended period of time. Typically traders hope to gain huge numbers of pips, sometimes in the thousands. A position trader will watch a trade up to 50 days. And lastly, there’s long term Forex trading where one remains in a trade for a month and even up to a few years. Investors utilize both types of analysis for gaging the future trends of a currency pair, but will pay closer attention to outside factors like political stability of a country, economic indicators and certainly social issues. Devastating Forex news like a hurricane for example can alter a country’s economy; this in turn may change the path of a currency trend and thus affect the outlook of the overall economy.