Physical Stamina

Owning your own successful business will be the hardest job you have ever had. It is also one of the most rewarding. The stress of bills, late payments, bounced checks, risk, employees, and much more can take their toll on your health. Long hours are also usually put in for the sake of the business. Lots of business owners start their day at 6 a.m. and don?t end it until midnight. Can you do this? Will your health suffer?

Something that can really help is to find a fun way to exercise during the start-up phase that can easily continue during the growth phase. I did a lot of gardening with my daughter that first year in business. I found it helped my stress levels to get out there and dig and plant and prune. I am now in my own office space where it is more difficult to take the time to exercise. However, a lunchtime walk or run allows time away that can help put it all in perspective.

The road to success is lined with tired people who forget why they try. It doesn?t have to be that way.

Back to Business Start-Up Quiz.

Check out our various resources and articles on Singapore business incorporation, Singapore business formation, Singapore company formation, accounting outsourcing, auditing, bookkeeping outsourcing,corporate secretarial, internal udit, liquidation, tax compliance, tax planning, payroll outsourcing and other financial advisory services in Singapore.

At a Glance

• Excellent tax benefits from small-to-midsize companies: 0% taxes on 100K annual profits (first 3 years), approx. 9% tax on annual profits up-to 300K
• Low overall tax rate of 18% on profits above 300K
• Zero taxes on capital gains in general
• We can incorporate a Singapore company in one day
  (after incorporation documents are signed by you)
• 100% foreign shareholding allowed
• Minimum paid-up capital of $1 only
• Singapore rated as #1 in ease of doing business in the world
• Singapore rated as the best place to work and live in Asia
• Immigration visa (entrepreneur pass) available for company owners wishing to relocate to Singapore to run their new Singapore company

Procedure and timeline for Singapore Company Registration

The basic steps are as below:

• Get company name approval
• Prepare registration documents
• Client to sign company registration documents
• Register company
• Open bank account