Hey
I was reading an article on Indian company registration and wanted to know if India is a good option for company formation or Singapore because most of the companies register in Singapore to save lots of tax and all.
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Is Company registration in Singapore is good?
Replies (3)
Quick Summary
1 Singapore Dollar = 55.22 Indian rupees , So if your company make goods Profit in Singapore after payment of taxes , you can send back Singapore dollar in India for your family and other reletive's with good conversion rate .
Dear Fadeen Siddiqui
You can also think to start company in Kuwait or Bahrain in Gulf Countries , Conversion rate is
1 Kuwait Dinar = 248 Indian rupees
1 Bahrain Dinar = 198 Indian rupees
and I think there is no tax implication in above countries .
Thanks a lot for the information
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