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 (4)
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
While Singapore remains one of the world's most business-friendly jurisdictions with low effective startup taxes, transparent digital compliance, and ease of doing business, setting up an overseas entity purely to "save tax" or exploit exchange rates is legally complex. Modern international tax law (including global minimum tax frameworks and India's rigorous anti-avoidance rules like GAAR) requires genuine economic substance—meaning your core management, employees, and operations must actually reside where the company is registered.
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